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Handicraft, GI Toys exempted from 'Quality Control Order'

Handicraft, GI Toys exempted from 'Quality Control Order'

12-12-2020  comments

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…

Global cues, renewed buying lift market; banking stocks rise

Global cues, renewed buying lift market; banking stocks rise

11-12-2020  comments

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…

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

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

10-12-2020  comments

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 down 250 points, Nifty below 13,500

Sensex down 250 points, Nifty below 13,500

10-12-2020  comments

MumbaiĀ (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…

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

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

09-12-2020  comments

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…

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

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

09-12-2020  comments

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…

Equity indices open in green, Sensex hits new high

Equity indices open in green, Sensex hits new high

08-12-2020  comments

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.…

RBI's directive credit negative for HDFC Bank: Moody's

RBI's directive credit negative for HDFC Bank: Moody's

07-12-2020  comments

Mumbai (IANS) The Reserve Bank's directive to HDFC Bank for temporarily stopping all launches of the Digital Business generating activities and sourcing of new credit card customers is "credit negative for the lender", Moody's Investors Service…

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

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

07-12-2020  comments

New DelhiĀ (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…

CAIT asks ED to take strict action against Amazon

CAIT asks ED to take strict action against Amazon

06-12-2020  comments

New Delhi (IANS) The Confederation of All India Traders (CAIT ) has written to the Enforcement Directorate(ED) with all the necessary details to prove that since the beginning of Amazon in India in 2012, it has brazenly and flagrantly violated the…

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