Mumbai (IANS) Expectations for new stimulus measures along with healthy macro-economic data will push India’s equity markets higher during the coming week, analysts said. Accordingly, investors are betting on the new stimulus measures being announced in the US and India to … read more
New Delhi (IANS) Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced on Thursday that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 6,247.5 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) on Wednesday clarified that Tax Collection at Source (TCS) will be applicable only on the amount received on or after October 1, 2020 and a seller would be required to collect … read more
New Delhi (IANS) About 39 per cent of Indian consumers believe that the economy will slowly recover over the next few months followed by a sharp rebound returning to pre-Covid levels by the end of 2020, in comparison with the global … read more
New Delhi (IANS) In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified sectors for … read more
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