Business
Only 10% Manufacturing Units Report Higher Output in April-June: Ficci Survey
The results showed that in certain areas like automotive, textiles machinery and leather/footwear firms are looking at alternative sources of inputs/raw materials.
India to Store Crude Oil in US, Will Pay Rental for Hiring the Storages
India and the US on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.
Digital Taxation Needs to be Simple and Inclusive, Says Sitharaman at G20 Meet
The minister was speaking at the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held at Riyadh (Saudi Arabia) through video conferencing.
New Form 26AS to Have Details of High-value Financial Transactions: CBDT
Form 26AS is an annual consolidated tax statement that can be accessed from the income-tax website by taxpayers using their Permanent Account Number (PAN).
Govt Plans to Impose 20% Customs Duty on Solar Power Equipment to Cut Imports: MoS Anurag Thakur
Chinese firms supply about 80 per cent of solar cells and modules in the Indian market. India imported solar power equipment worth $1.2 billion during April-December 2019, Thakur said.
Retail Inflation Likely to Remain at Elevated Levels in Coming Months, Says SBI Report
It further said that MOSPI appeared to have underestimated the retail inflation, by including irrelevant items including services, unmindful of the fact that their consumption fell drastically on account of COVID-19 and subsequent lockdown.
Tokyo Stocks Close Down on Fresh Virus Surge in Capital
The benchmark Nikkei 225 index was down 0.76 percent, or 175.14 points, at 22,770.36, while the broader Topix index fell 0.66 percent, or 10.45 points, to 1,579.06.
Government Imposes Curbs on Import of Power Tillers & Its Components
The tiller is an agri-machinery used for soil preparation. The components of power tillers include engine, transmission, chassis and rotavator.
Crisis Should Not be Allowed to Overwhelm India: Nirmala Sitharaman on Covid-19
Crediting former PM Narasimha Rao for undertaking reforms, Sitharaman said it was Vajpayee government that took the reforms forward, while the Congress under Manmohan Singh lacked the political will.
FM Calls for Speedy Settlement under Insurance Scheme for Healthcare Workers Battling Covid-19
The Rs 50 lakh insurance scheme is a part of the Pradhan Mantri Garib Kalyan Package announced in March for three months for 22.12 lakh public healthcare providers.
High Demand for Snacks Like Fritos & Cheetos Helps PepsiCo Beat Revenue Estimate
Consumers stocked up on snacks, from potato chips to dips, as many were forced to work from home and students attended classes online to curb the spread of the virus.
Rupee Rises 6 Paise to 75.14 against US Dollar in Early Trade amid Gains in Domestic Equity Market
The 30-share BSE benchmark Sensex was trading 349.67 points higher at 36,944 and broader NSE Nifty rose 103.45 points to 10,871.50.
Diesel Price in Delhi Inches Towards Rs 81 Per Litre-mark After a Hike of 16 Paise
This took the retail selling price to Rs 80.94 per litre in the national capital -- the highest ever.There was no change in petrol price for almost two weeks, and it continues to be priced at Rs 80.43 per litre.
India Moves up a Notch to Become Second-largest Source of FDI for UK
The Department for International Trade (DIT) inward investment statistics for 2019-2020 found India moving up from its previous third-largest spot, representing an overall 4 per cent FDI increase for the UK on 2018-2019 with 1,852 new inward investment pr...
Insurance Companies Launch Short-term Corona Kavach Policy
Amid rising cases of coronavirus in the country, the Insurance Regulatory and Development Authority of India (Irdai) had asked general and health insurance companies to launch 'Corona Kavach' health insurance policy for the benefit of the people by July 1...
Rupee Weakens by 17 Paise to Trade at 75.16 against US Dollar in Opening Trade
Forex traders attributed the rupee's weakness to stronger US dollar against its key rival currencies.