New Delhi (IANS) Despite strong global headwinds, Indian IT spending is expected to grow by 13.8 per cent this year, down from 25.3 per cent in 2021, an IDC report said on Thursday. The overall drop in IT spending growth … read more
New Delhi (IANS) India has been extremely keen on adopting digital payment system fully and has been making giant leaps towards it. During the last three years, digital payment transactions have registered unprecedented growth in India. Easy and convenient modes … read more
Chennai (IANS) Pure play electric vehicle (EV) player BYD India Private Ltd on Tuesday launched its premium sport utility vehicle (SUV) Atto 3. The company is a wholly-owned subsidiary of BYD, China – one of the largest EV players in … read more
New Delhi (IANS) Systematic investment plan (SIP) contribution of Rs 12,976.34 crore was at an all-time high in September 2022, according to data released by Association of Mutual Funds of India (AMFI) on Monday. Meanwhile net inflows into equity mutual … read more
New Delhi (IANS) Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher than the gross collection for the corresponding period of last year. Direct tax collection, net of refunds, stood … read more
New Delhi (IANS) The Commerce Ministry has notified setting up of the Credit Guarantee Scheme for Startups (CGSS), aimed at providing credit guarantees to loans extended by scheduled commercial banks, non-banking financial companies (NBFCs) and Securities and Exchange Board of … read more
New Delhi (IANS) The Union Finance Ministry on Thursday released the seventh monthly instalment of post devolution revenue deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The grant has been released as per the recommendations of the 15th … read more
Mumbai (IANS) The completion deadline for Reliance Capital resolution process is to be extended by 90 days to February 1, 2023. The current deadline ends on November 1. The administrator is all set to approach NCLT Mumbai to seek 90 … read more
New Delhi (IANS) Tech firm HCLTech on Wednesday announced plans to hire 1,000 people in Brazil in the next two years, along with opening a new technology centre in that country. HCLTech said it is scaling up its operations to … read more
Mumbai (IANS) Increasing crude prices and demand for dollars resulted in Indian rupee falling by 49 paise to touch Rs 81.89 against the greenback. The crude prices increased with oil producers indicating lowering production. The increase in crude prices hit … read more