New Delhi (IANS) The Indian government has denied reports that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of their potential seizure with regard to the Cairn legal dispute, terming such information as “false … read more
Kolkata (IANS) Covid-19 has brought several businesses to its knees. But it has also given small opportunities to hungry entrepreneurs, keen to display their social conscience. With companies declaring a work-from-home model and the novel coronavirus pandemic spreading its tentacles, BA … read more
Mumbai (IANS) Hopes of a fresh domestic stimulus along with healthy quarterly results and value buying pushed India’s key equity indices higher on Friday. Accordingly, both the key indices opened on a positive note and maintained their gains. Globally, stocks steadied … read more
New Delhi (IANS) In a letter to Piyush Goyal, Union Minister for Commerce and Industry, Praveen Khandelwal, National General Secretary of Confederation Of All India Traders (CAIT), has accused Walmart-owned Flipkart of blatantly violating the law by creating a façade in … read more
New Delhi (IANS) Profit booking, along with global cues, subdued India’s benchmark equity indices on Wednesday after a sharp rise seen a day before. However, optimism over lower Covid-19 cases as well as hopes on faster vaccination drive arrested any major … read more
New Delhi (IANS) In order to facilitate domestic manufacturing, particularly by the MSME sector, the Central Board of Customs and Indirect Taxes (CBIC) has allowed importers the benefit of a concessional customs duty on import of goods even if such goods … read more
New Delhi (IANS) Sale of housing units rose by 21 per cent across top seven cities in India in the first quarter of 2021 to 1,05,183 units against 87,236 units in Q1 2020, according to a PropEquity report. However, the new … read more
New Delhi (IANS) More than 1 in 2 manufacturers around the world feel their organisation lacks skilled workers to support smart manufacturing digitisation plans, according to a new survey. Organisational complexity, integration and process reengineering are the most prevalent challenges for … read more
New Delhi (IANS) Stepping up the vaccination drive is the cheapest as well as the most viable policy path to economic normalisation, as per a research report by Emkay Global Financial Services. Accordingly, the report cited that this policy path was … read more
New Delhi (IANS) In an attempt to ensure liquidity for exporters in the difficult period of Covid pandemic, the government has decided to credit all customs refunds and duty drawback claims, made by them upto May 14, by the end of … read more