Business
E-commerce players cannot be partial to any sellers

E-commerce players cannot be partial to any sellers

13-03-2021  comments

New Delhi (IANS) An e-Commerce operator operating in marketplace or hybrid mode shall manage its relationship with sellers on its platform in an agnostic manner and without being partial to any of its sellers.

This is laid out in the Draft…

India proposes non-tariff measures among BRICS nations

India proposes non-tariff measures among BRICS nations

12-03-2021  comments

New Delhi (IANS) The BRICS Contact Group on Economic and Trade Issues (CGETI) held its first meeting under India's Chairship from March 9-11, wherein India outlined the priority areas to be delivered on which also included non-tariff measures…

High level meet to discuss e-commerce policy on Saturday

High level meet to discuss e-commerce policy on Saturday

12-03-2021  comments

New Delhi (IANS) The Department for Promotion of Industry and Internal Trade (DPIIT) has convened crucial meetings to discuss Draft e-Commerce Policy and FDI in e-Commerce Sector.

The meetings will kick off on Saturday, with an inter-ministerial…

Double digit GDP growth expected in FY22: Report

Double digit GDP growth expected in FY22: Report

11-03-2021  comments

New Delhi (IANS) As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory and may grow at more than 11 per cent in the next financial year, showed a report by PHD Chamber of…

3.8L shell companies identified, struck off during FY18-20

3.8L shell companies identified, struck off during FY18-20

10-03-2021  comments

New Delhi (IANS) The Ministry of Corporate Affairs (MCA) has identified and struck off over 3.8 lakh shell companies during FY18-20.

In a reply to the Rajya Sabha, Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur stated…

Fake GST fraud: 357 arrested so far, including 12 CAs

Fake GST fraud: 357 arrested so far, including 12 CAs

09-03-2021  comments

New Delhi (IANS) The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have so far arrested 357 persons, including 12 chartered accountants, one company secretary and an advocate, in the ongoing nationwide drive against…

Sensex surges over 500 points; banking, metal stocks rise

Sensex surges over 500 points; banking, metal stocks rise

09-03-2021  comments

Mumbai (IANS) The key Indian equity indices opened on a positive note on Tuesday.

The BSE Sensex surged 553 points to touch an intra-day high of 50,994.60 points.

Healthy buying was witnessed in banking, finance and metal stocks.

Shares of oil marketing cos plunge, BPCL down 5%

Shares of oil marketing cos plunge, BPCL down 5%

09-03-2021  comments

Mumbai (IANS) Share prices of the oil marketing companies (OMC) dropped on Tuesday with the scrip of privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) falling over 5 per cent.

At 2.16 p.m., BPCL shares on the BSE were trading at Rs…

Small, mid-cap stocks outperform amid current market weakness

Small, mid-cap stocks outperform amid current market weakness

08-03-2021  comments

Mumbai (IANS) As the markets have largely taken to a downward trend amid high bond yields in the US, small and mid-cap stocks continue to buck the bearish trend.

An ICICI Securities report said that although the Nifty50 is down around 2 per…

Centre proposes to raise LIC's authorised capital to Rs 25K cr

Centre proposes to raise LIC's authorised capital to Rs 25K cr

07-03-2021  comments

New Delhi (IANS) With a view of listing the state-run insurance major Life Insurance Corporation of India (LIC), the government has proposed to raise the authorised capital of LIC to Rs 25,000 crore.

As per the amendments proposed under the…

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