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Home  Business

Business

Trade deficit may continue to widen in 2nd half of FY22

Trade deficit may continue to widen in 2nd half of FY22

  • Atal Pension Yojana dominant social security scheme

    As of fiscal 2021, NPS had 4.2 crore registered users or subscribers. The annual report of National Pension System Trust said that APY has over 66 per cent of subscribers, or 2.8 crore permanent retirement account numbers (PRAN).
  • Sivasankaran to appeal in NCLAT against liquidation order

    In its order in August, the NCLT Chennai said that Sivasankaran application under section 12 (A) does not stand. NCLT has also dismissed the SBI application.
  • FPIs make net investment of over Rs 16,500 cr in August

    The net investment in the equities segment stood at Rs 2,083 crore, while that in the debt segment stood at Rs 14,376 crore, including those debt investments made through VRR.
  • Petrol price cut by 15 paise in Delhi after 3-day hiatus

    In the national capital, petrol price was cut by 15 paise to Rs 101.19 per litre, from the previous level of Rs 101.34 per litre.
  • World Bank considers giving loan to Bengal for social welfare schemes

    The World Bank intends to finance the state government towards the cost of the "Women's Empowerment and Inclusive Social Protection Programme" and apply part of the proceeds for consulting services.
  • As glitches galore I-T portal, can govt’s faceless scheme become its face saver

    Ever since its June 7 launch, the revamped I-T portal developed by Infosys has which was suppose as to usher taxpayers into a new era of tax administration, has become a system generating heartburns
  • Telangana trio helps enterprises decode data

    Saras Analytics offers data analytics tools to e-commerce and retail companies
  • GNITS launches first cohort of MiraiNxt accelerator programme

    The programme aims to support startups in reducing their time to market and leveraging faster revenue scale-ups.
  • De Beers Forevermark to expand footprint in Hyderabad

    We are exploring two new boutique stores in Hyderabad on a franchise model with the leading jewellers in the city. We currently have 10 boutique stores in the country and the intention is to have 30 exclusive stores by the end of 2022.
  • Surface Go 3 to come with Intel Pentium Gold and i3 processor: Report

    A recent report from WinFuture has claimed that the next-generation Surface Go would be coming in two models - one with an Intel Pentium Gold 6500Y processor paired with 4GB of RAM and an Intel Core i3-10100Y model
  • Dr Reddy’s enters into definitive agreement with Citius Pharmaceuticals

    Under the terms of agreement, Dr Reddy’s will receive $40 million upfront upon the closing of the transaction, followed by approval milestone payment of up to $40 million related to the CTCL (cutaneous T-cell lymphoma)
  • Amazon to launch its own TV by October: Report

    The company has reportedly worked on the TV for two years and will initially launch in the US.
  • Affordable housing lowest priority for home seekers: CII-Anarock survey

    In the previous H2 2020 survey, approximately 36 per cent respondent property seekers eyed budget housing
  • Apple in talks with Toyota about Apple Car production: Report

    Apple representatives were said to have met with South Korea's SK Group and LG Electronics last month to discuss Apple Car development, and now the iPhone maker is in talks with Toyota.
  • Amazon Pay UPI records 5 cr customer sign-ups in India

    To celebrate the 'milestone', Amazon Pay is offering daily rewards throughout September to all the customers using its UPI platform for shopping, paying bills, paying at online merchants and sending money to contacts.
  • Telangana to facilitate Ministry of Defence’s grants to startups under TDF

    T-Works and T-Hub on Friday co-hosted a high-level DRDO team led by director Nidhi Bansal to orient startups and MSMEs on the scheme
  • Famous Studios serving creative professionals through its co-working space

    Having established a dedicated entity for co-working space in June 2019, Famous Working Company (FWC), over the last two years has created a platform where creative professionals could use the infrastructure as well as the network.
  • Royal Enfield to deepen presence in Telangana

    Over the last two years, the company recorded a 2.5X growth in Telangana. Royal Enfield has invested in growing its retail presence and today has over 100 stores and more than 80 studio stores in the State.
  • Four Tesla models approved for Indian roads

    "Tesla has completed homologation and received approval for four of its vehicle variants in India," a Tesla Club India tweeted recently.
  • Hyundai launches new i20 N Line

    The N6 variant is available at an introductory price of Rs 9,84,100, the N8 (iMT) and N8 (DCT) is available for 10,87,100 and 11,75,500 respectively
  • UPI logs 355 crore transactions in August, rises 54% this year till now

    In August, the number of banks live with UPI grew to 249 from 235 in July, while the 3.55 billion transactions valued at Rs 6,39,116 crore was recorded. In the last one year – i.e.
  • Hyderabad IT firm Tetrasoft opens new hub in Bhubaneswar

    The hub will feature an Insurance Innovation Lab (IIL) which will offer an immersive environment for clients to collaborate and co-innovate across insurance industry covering core platform modernisation
  • Apollo Funds complete Yahoo acquisition

    The deal is worth $5 billion (over Rs 36,000 crore). Verizon has retained a 10 per cent stake in Yahoo.
  • Usha International eyes growth in southern markets backed by Hyderabad facilities

    Usha is building a strong pipeline of star rated/energy efficient products in the next six months, which will help expand its market base.
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