Stocks attract over $22bn as India emerges among best performing EMs

Mumbai (IANS) The Covid-19 virus not only triggered a worldwide pandemic, but also opened the floodgates for investments in the countrys equity market.

All in all, not only did the overall capitalisation of India's domestic market increased,…

CII seeks clarity in taxation laws, simplification, lesser litigation

New Delhi (IANS) CII has suggested the government to bring about clarity in the taxation laws, simplification of procedures and reduction of litigation in the upcoming Union Budget.

It noted that the taxation laws should facilitate business…

CAIT urges FM to defer implementation of 'Rule 86-B' in GST

New Delhi (IANS) Traders' body Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to defer the implementation of 'Rule 86-B' in GST, scheduled to be implemented from January 1, 2021.

In a letter…

No revision in petrol & diesel prices

New Delhi (IANS) Petrol and diesel prices remained unchanged on Saturday as oil marketing companies continued to maintain a wait and watch stance amid range-bound global oil prices.

Accordingly, the pump price of petrol remained at Rs Rs 83.71…

Myntra sells 1.1 crore items to 32 lakh customers in 5 days

Bengaluru (IANS) Fashion ecommerce platform Myntra on Friday said it sold 1.1 crore items to more than 32 lakh customers during its 13th, five-day End of Reason Sale that ended on December 24.

Also catering to more than 50 lakh orders, the…

ICICI Bank unleashes tech-enabled products to enhance retail portfolio

New Delhi (IANS) To buck the Covid induced downtrend, lending major ICICI Bank plans to pursue the technology route to expand its retail presence.

Accordingly, the lender has introduced a slew of technology based products for customers, especially…

Markets rise on global cues, lower level buying, banking stocks rise

Mumbai (IANS) Lower level buying after a short-lived intra-day correction pushed the Indian equity market higher during the late-afternoon trade session on Thursday.

Accordingly, the Indian stock market opened with a 'gap up', however…

Indian economy reviving at unforeseen pace: RBI

New Delhi (IANS) As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has said that the Indian economy is reflating at a pace higher than most predictions.

The monthly bulletin of the…

Honda 2Wheelers sees sustained demand, hopeful of robust 2021

New Delhi (IANS) Two-wheeler manufacturer Honda Motorcycle & Scooter India is hopeful of a demand recovery in 2021, on the back of lower industry base, new launches and a differentiated customer experience centres.

Accordingly, the company…

Emami manufacturing units for Zandu brands get WHO-GMP quality certification

New Delhi/Kolkata (IANS) Two plants of Emami Limited, located at Vapi and Masat in Gujarat, producing range of its healthcare portfolio products under the brand name of Zandu, have been accredited with WHO-GMP and Certificate of Pharmaceutical Products…