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Budget should revamp SEZ policy to boost food exports: TPCI

Budget should revamp SEZ policy to boost food exports: TPCI

29-01-2020 comments

New Delhi (IANS) To boost exports and revitalise the agriculture sector, a key trade promotion organisation has recommended to the government to revamp SEZ (special economic zone) policy for food exports.

Accordingly, the Trade Promotion Council…

47% land for bullet train project acquired: Chairman

47% land for bullet train project acquired: Chairman

29-01-2020 comments

New Delhi (IANS) The Indian Railways will acquire rest of the 53 per cent of land required for the Prime Minister Narendra Modi's ambitious Ahmedabad-Mumbai High Speed Train project, which is also called Bullet train project, in next six months,…

Fuel prices dip further due to softening of Brent crude

Fuel prices dip further due to softening of Brent crude

28-01-2020 comments

New Delhi (IANS) Fuel prices saw a marginal dip on Tuesday due to softening of international crude oil rates as demand declined following the outbreak of coronavirus in China. The price of petrol was cut by 12 paise and that of diesel by 14 paise…

TARP-like govt fund likely in Budget for NBFC relief

TARP-like govt fund likely in Budget for NBFC relief

28-01-2020 comments

New Delhi (IANS) The government is likely to unveil in the Union Budget a Troubled Assets Relief Programme (TARP) similar to what the US initiated during the Lehman financial crisis in 2008.

Under the proposed scheme, the troubled or stressed…

Indian online food delivery market to hit $8bn by 2020

Indian online food delivery market to hit $8bn by 2020

28-01-2020 comments

New Delhi (IANS) Rapid digitisation and growth in both online buyer base and spending will help India's online food industry to become a $8 billion market by 2022 -- growing at a CAGR of 25-30 per cent, a new report said on Tuesday.

The…

TikTok to Paytm, China quietly flexes muscles in India

TikTok to Paytm, China quietly flexes muscles in India

27-01-2020 comments

New Delhi (IANS) From cops on duty to young lads in small-town India, Chinese short-video making app TikTok has become a rising phenomenon, owing to a strong local network while providing marketers with a platform to reach millions of untapped users.

Govt invites bid to sell Air India along with Air India Express & AISATS

Govt invites bid to sell Air India along with Air India Express & AISATS

27-01-2020 comments

New Delhi (IANS) In its second attempt to sell national carrier, the government on Monday invited expression of interest (EoI) from prospective buyers for divesting its entire 100 per cent stake in Air India along with its wholly-owned subsidiary…

Budget booster likely for capital gains on property & equity

Budget booster likely for capital gains on property & equity

27-01-2020 comments

New Delhi (IANS) In what is being billed as a make or break Budget to revive the economy, the Modi government is likely to introduce heavy duty measures for rationalization of key equity taxes, including scrapping capital gains on sale of property,…

Petrol, diesel prices see big cut on Saturday

Petrol, diesel prices see big cut on Saturday

25-01-2020 comments

New Delhi (IANS) Fuel prices were dropped further on Saturday after international crude oil rates fell sharply following the outbreak of Coronavirus in China.

The price of petrol was cut by 27 paise and that of diesel by diesel by 30 paise…

CRISIL downgrades Vodafone Idea's debt on AGR liability

CRISIL downgrades Vodafone Idea's debt on AGR liability

25-01-2020 comments

New Delhi (IANS) The downgrading spree continues for Vodafone Idea as rating agency CRISIL is the latest which downgraded its rating on Non-Convertible Debentures of Rs 3,500 crore.

"It is hereby informed that CRISIL, has downgraded its rating…

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