New Delhi (IANS) A fiscal package to put money in the hands of the consumer in the festival season is on the cards. The package could be rolled out around Navratri which is the biggest purchasing season for consumers and the … read more
New Delhi (IANS) Amazon Business on Friday announced a special anniversary sale from September 25 to September 30 on account of completing three years of its services in India. In a statement, the company said that the event will feature a … read more
New Delhi (IANS) The government has sweetened the deal to privatise state-owned power distributions operations in Union Territories as 100 per cent equity holding will be sold only in financially viable utilities while it will retain 26 per cent stake in … read more
New Delhi (IANS) The largest shareholder in the Tata Group, SP Group said before the Supreme Court on Tuesday that a separation from the Tatas is necessary. The SP Group stated before the Supreme Court that a separation from the Tata … read more
New Delhi (IANS) With 21 states expressing their preference for the Borrowing Option-1 proposed by the Centre to meet the GST compensation needs of states this year, decks have been cleared for the GST Council to approve the new compensation mechanism … read more
New Delhi (IANS) Cost optimisation of last mile delivery is important in e-commerce logistics, according to a report by ClickPost. It noted that it is necessary to improve non-delivery returns and cash on delivery, which increases cost. “Testing ‘click and collect’ … read more
Mumbai (IANS) The Indian stock market reversed all its gains made during the day in the last hour of trade to end in the red on Friday, with the BSE Sensex settling 134 points lower. Analysts said that the sudden sell-off … read more
New Delhi (IANS) The Supreme Court on Thursday dismissed a plea by the State Bank of India (SBI) seeking a vacation of the stay granted by Delhi High Court on personal bankruptcy proceedings against Anil Ambani, chairman of Reliance Group. The … read more
New Delhi (IANS) Non-banking financial companies have raised $3.9 billion through capital raise and asset sales in the post-Covid-19 period. In the midst of a difficult economic environment caused by the Covid-19 pandemic, India Inc has raised a massive Rs 3.46 … read more
New Delhi (IANS) The Covid-19 induced supply-side constraints are expected to keep India’s retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut. Accordingly, leading economists, pegged the range of consumer price inflation numbers for … read more