Consultations before show-cause notices to be pursued by GST officers

New Delhi (IANS) The Tax Department will actively conduct consultation prior to issuance of show-cause notices to evaders and assessees of GST so as to facilitate easier resolution of tax disputes and prevent increasing number of litigation.

The…

Handicraft, GI Toys exempted from 'Quality Control Order'

New Delhi (IANS) Centre has exempted 'Handicraft, GI Toys' from quality control order.

The development comes after Department for Promotion of Industry and Internal Trade (DPIIT) released the Toys (Quality Control) Second Amendment…

2020s belong to India: Tata Group Chairman

New Delhi (IANS) Tata Group Chairman N. Chandrasekaran said that impact of Covid on innovation has been 'all-pervasive' and the models of working from home are making all companies rethink the future of work.

Addressing a session on…

Global cues, renewed buying lift market; banking stocks rise

New Delhi (IANS) Strong global sentiment along with renewed buying pushed up the Indian equity market during the mid-afternoon trade session on Friday.

Accordingly, the market opened with a gap up following Thursday decline.

In terms…

Sensex down 250 points, Nifty below 13,500

Mumbai (IANS) Taking a breather from the recent rally to record levels, the key Indian equity indices opened in the red on Thursday, with the BSE Sensex falling over 250 points.

The Nifty50 on the National Stock Exchange (NSE) also fell below…

Walmart commits to export $10 bn India-made goods each year by 2027

New Delhi (IANS) Walmart on Thursday announced that it will triple its exports of goods from India to $10 billion each year by 2027.

In a statement, Walmart said that its new export commitment is expected to provide a significant boost to micro,…

Sensex hits fresh high as bull run continues, nears 45,900

Mumbai (IANS) The key Indian equity indices opened on a positive note on Wednesday with the BSE Sensex hitting a fresh high of 45,897.23 points.

The recent bull-run has been on the back of a similar trend in the global markets amid optimism…

Cabinet nod to set up public Wi-Fi networks under 'PM-WANI'

New Delhi (IANS) The Union Cabinet on Wednesday approved the setting up of Wi-Fi networks for public use without licence fee under Public Wi-Fi Access Network Interface or PM-WANI.

The move is aimed at promoting expansion of public Wi-Fi networks…

Equity indices open in green, Sensex hits new high

Mumbai (IANS) The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex trading above the 45,500 mark. The Sensex touched a record high of 45,572.28 points.

Healthy buying was witnessed in auto and realty stocks.…

Electricity trading grows 61% in Nov as economic activity picks pace

New Delhi (IANS) The pick up in the economic activity in the unlock phase has pushed up electricity trading with the country's largest power exchange, Indian Energy Exchange, registering a 61 per cent growth in the traded electricity volume of…