Govt should rationalise customs duty in Budget to boost domestic manufacturing, says ICC
The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for financial year 2024-25 on July 23. ICC...
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PwC for extension of beneficial tax regime for new manufacturing firms
18 July 2024 | PTI -
Alphacorp to invest Rs 350 cr to develop luxury housing project in Gurugram
18 July 2024 | PTI -
Exposure to India’s infra sector helps LIC, SBI outshine peers
18 July 2024 | PTI -
Cabinet to soon decide on IPEF’s clean, fair economy agreements
18 July 2024 | PTI -
Corporate funding in solar sector globally dips: Mercom
18 July 2024 | PTI -
ADB retains India’s growth forecast at 7% for FY’25
18 July 2024 | PTI -
Auto industry needs 2 lakh skilled people by 2030 to meet 30% EV adoption target: SIAM
17 July 2024 | PTI
Graphisads launches G Force
Graphisads Limited, leading advertising Company and Outdoor Media owner, has entered into a groundbreaking partnership with the prestigious Indian Institute of Management (IIM) Lucknow to unveil “G Force,” an innovative accelerator programme. This initiative aims to cultivate and empower aspiring entrepreneurs within the Media sectors through a dynamic collaboration of industry...
NAREDCO pitches for raising tax exemption limit on home loan interest to `5 lakh
Realtors' body NAREDCO on Tuesday suggested that the tax exemption on interest on self-occupied property loans should be increased to Rs 5 lakh in the upcoming budget from Rs 2 lakh currently to boost housing demand amid a rise in housing prices and mortgage rates. Builders also sought some tax incentives...
Telecom Ministry to work on actionable plan on issues identified by panels: Scindia
The telecom ministry will work on actionable plan with defined timelines on issues that have been discussed with telecom operators and other players in the sector, Union minister Jyotiraditya Scindia said on Tuesday.The minister held meetings with three of the six committees set by his ministry. The meeting with the committee...
Rupee rises 3 paise to close at 83.58 against US dollar
The rupee consolidated in a narrow range and settled for the day 3 paise higher at 83.58 (provisional) against the US dollar on Tuesday, on firm domestic markets and sustained inflow of foreign capital. Forex traders said a decline in crude oil prices favoured the rupee, while a strong US dollar...
Incuspaze takes on lease 1.15 lakh sq ft office space in B'luru to start coworking centre
Coworking firm Incuspaze has taken on lease a 1.15 lakh square feet area in Bengaluru to open a new centre as part of its strategy to expand business amid a rise in demand for flexible workspace. In a statement, the company said it has expanded its portfolio in Bengaluru with leasing...
Govt likely to scale down fiscal deficit target to 5% or less in Budget: ICRA
The government is likely to lower fiscal deficit to 4.9-5 per cent of the GDP for this financial year in the upcoming Budget aided by revenue buoyancy. The government had pegged the fiscal deficit estimate at 5.1 per cent for the current fiscal year when it presented the interim Budget in...
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back of fresh buying by jewellers as well as strong trends in the international markets. According to All India Sarafa Association, the precious metal rates had closed at Rs 75,150 per...
