Business
Odisha govt signs MoU with HDFC Bank to boost startups

Odisha govt signs MoU with HDFC Bank to boost startups

12-02-2020  comments

Bhubaneswar (IANS) The Odisha government on Wednesday signed a Memorandum of Understanding (MoU) with the HDFC Bank Limited to provide smart banking solutions to Startups in the state.

The Micro Small and Medium Enterprises (MSME) Department…

Govt to issue spl sovereign bonds sans investment caps: Sanjeev Sanyal

Govt to issue spl sovereign bonds sans investment caps: Sanjeev Sanyal

12-02-2020  comments

New Delhi (IANS) In line with the Budget announcement , Government would issue special series bonds in rupees which will be completely outside capital controls to let the foreign investors buy and sell these sovereign rupee bonds freely, principal…

FM cites FDI, FPI, GST collection to show 'reviving economy'

FM cites FDI, FPI, GST collection to show 'reviving economy'

11-02-2020  comments

New Delhi (IANS) In a bid to counter criticism over the slowdown, Finance Minister Nirmala Sitharaman on Tuesday stressed on seven economic indicators and data to show that the Indian economy is stable and said that green shoots for its revival are…

Fuel prices cut for fifth consecutive day on Monday

Fuel prices cut for fifth consecutive day on Monday

10-02-2020  comments

New Delhi (IANS) Fuel prices dropped further for the fifth consecutive day on Monday as international crude prices fell due to demand slump. The Price of petrol was cut by 13-16 paise a litre and that of diesel by 16-20 paise a litre across all major…

British Airways records fastest NY-London flight at 1290km/hr

British Airways records fastest NY-London flight at 1290km/hr

09-02-2020  comments

London (IANS) As the worst storm in seven years set its eyes on the UK and Europe, a British Airways (BA) flight utilised the strong tail winds and reached Heathrow airport from New York in a record four hours and 56 minutes -- at a subsonic speed…

GST taxpayers flooded with notices, advisories

GST taxpayers flooded with notices, advisories

09-02-2020  comments

New Delhi (IANS) With government going all-out to plug GST loopholes to contain evasion and bolster collections, taxpayers are frequently receiving notices and advisories for a range of issues including sudden spike in input tax credit (ITC) claim,…

China's Great Wall may make Lithium battery for EVs in India

China's Great Wall may make Lithium battery for EVs in India

09-02-2020  comments

New Delhi (IANS) China's largest SUV manufacturer Great Wall Motors is gung-ho on its India prospects, where it will invest an estimated $1 billion in a phased manner for manufacturing of not just cars but also lithium-ion batteries in the future.

…

China's Great Wall may make Lithium battery for EVs in India

China's Great Wall may make Lithium battery for EVs in India

09-02-2020  comments

New Delhi (IANS) China's largest SUV manufacturer Great Wall Motors is gung-ho on its India prospects, where it will invest an estimated $1 billion in a phased manner for manufacturing of not just cars but also lithium-ion batteries in the future.
…

India's forex reserves rises by $4.60 bn

India's forex reserves rises by $4.60 bn

08-02-2020  comments

Mumbai (IANS) India's foreign exchange reserves edged-higher during the week ended January 31 to touch a new record high.

The RBI's reserves rose by $4.60 billion during the week under review, official data showed on Friday.

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Expect sales revival in 2nd half of FY21: Tata Motors CEO

Expect sales revival in 2nd half of FY21: Tata Motors CEO

07-02-2020  comments

New Delhi (IANS) With the Indian automobile industry going through an unprecedented slowdown and carmakers set to roll out BS-VI vehicle models, Tata Motors MD and CEO Guenter Karl Butschek is of the view that the first half of the financial year…

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