CII suggests 10-point agenda on ease of biz reforms ahead of Budget
Ahead of the upcoming Budget, industry body CII on Sunday suggested a 10-point agenda to drive ease of doing business reforms, aimed at reducing compliance burden, simplifying regulatory frameworks, and improving transparency. Among the “urgent policy interventions”, the industry body has recommended that all regulatory approvals -- central, state and local...
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FinMin to meet heads of banks to review financial inclusion schemes
13 January 2025 | PTI -
India's coal import rises 2 pc to 182 MT in Apr-Nov period
12 January 2025 | PTI -
India joins UN committee on big data for official statistics
11 January 2025 | PTI -
Indian economy likely to be 'a little weaker' in 2025: IMF MD
11 January 2025 | PTI -
In brief
11 January 2025 | PNS -
Redevelopment of Exclusive La-Mandre Villa Community
11 January 2025 | PNS -
Govt sets wheat procurement target at 30 MT for 2025-26 season
10 January 2025 | PTI
Adani Wilmar stock tanks nearly 10 pc
Shares of Adani Wilmar tumbled nearly 10 per cent on Friday morning following news that the Adani Group will raise Rs 7,148 crore from the sale of up to 20 per cent stake in the FMCG firm in the open market as part of its strategy to exit non-core activities...
TCS Q3 net profit rises 11.95 per cent to Rs 12,380 Crore, employee base dips
India’s largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period,...
Inbrief
POWERGRID signs Master Agreement with EPRI, USA for strategic collaboration Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Public Sector Enterprise under Ministry of Power, Government of India, has taken a significant step towards collaborative technical research by signing a ‘Master Agreement’ with independent, non-profit energy research and development organization...
Rupee recovers from record low to settle four paise higher at 85.87 against US dollar
The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 (provisional) against the US dollar on Thursday amid firm American currency and elevated level of crude oil prices. According to forex analysts, relentless selling in domestic equities and outflow of foreign capital kept...
Software migration caused error in gold import computation; issue largely rectified: Sources
The government’s initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit...
Government to give Rs 35,000 Crore LPG subsidy to IOC, BPCL, HPCL
The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said. The three fuel retailers have kept...
Inflows into mutual funds’ equity schemes increase 14 per cent in December
Inflows into mutual funds’ equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about...
