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Home  Business

Business

IT Exports by STPI units touch Rs 5 lakh crore in FY21

IT Exports by STPI units touch Rs 5 lakh crore in FY21

  • Gold imports rise by 22.5pc to $34.6 billion in 2020-21

    Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million.
  • Godrej Appliances to increase indigenization

    "We expect around 15-20 percent growth (in value terms) in the AC market this year in comparison to 2019, "Godrej Appliances Business Head Kamal Nandi said.
  • Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

    The RBI's decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India.
  • Samsung Galaxy A22 4G pops-up at BIS India: Report

    According to GSMArena, a certain SM-A225F was recently spotted on the Bureau of Indian Standards (BIS) website.
  • Medtronic eyes manufacturing in India

    Hyderabad among preferred locations owing to its ecosystem, talent availability, and investor-friendly government policies, says India chief
  • Jos Alukkas ropes in new brand ambassador

    Keerthy Suresh unveiled an exclusive new Parampara collection for Jos Alukkas.
  • Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

    PLI scheme for white goods will extend an incentive of 4-6 percent on incremental sales of goods manufactured in India for a period of five years
  • Crude to be around $60 a barrel in 2021

    The expectation for the crude was that it may surge in 2021 on the back of economies recovering as vaccinations tamed the spread of Covid-19.
  • USTR discusses TRIPS waiver proposal

    The TRIPS Agreement is a minimum standards agreement, which allows members to provide more extensive protection of intellectual property if they so wish.
  • LG, GM to build $2.3 billion EV battery factory in US

    "With the joint venture's factory construction, LG Energy Solution has secured additional EV battery production capacity in the U.S. and will actively target the rapidly growing U.S. EV market," LG Energy said
  • SpaceX wins $2.9bn NASA contract to build moon lander

    The contract is worth $2.9 billion and is part of NASA's Artemis programme, which aims to return astronauts to the moon by 2024 as a stepping stone to the first human mission to Mars, DPA news agency reported.
  • IndiQube enabling women entrepreneurs

    Flexible office space provider sees growth opportunities in existing six cities it operates, including Hyderabad
  • Second Covid wave to hit economic recovery

    A month-long nationwide lockdown can shave off 100-200 basis points off the GDP: BofA Securities
  • SoftBank in talks to invest $450 mn in Swiggy

    The proposed investment comes at a time when rival food ordering platform Zomato is planning to go for an initial public offering (IPO) during the year
  • Transporters’ body seeks fuel price reduction

    AIMTC Chairman Bal Milkit Singh claims representing over 95 lakh truckers and entities, said it is an open fact that this small cut in the petrol and diesel prices has a bearing on the election in four states
  • Forex reserves surge by $4.34 bn

    In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion
  • Jet fuel price cut by 1 per cent

    This is the second reduction in rates this month
  • Honda Cars recalls 77,954 units of select models

    The recall impacts models, Amaze, 4th generation City, WR-V, Jazz, Civic, BR-V, and CRV, which have been manufactured between January 2019 and September 2020
  • LIC employees to get over 25 per cent wage hike

    An additional Special Allowance ranging between Rs 1,500 to Rs 13,500 per month has been introduced for all cadres, which shall be reckoned for the purpose of calculation of DA but will not count for any other purpose
  • Sensex, Nifty end marginally higher

    Asian Paints was the top gainer in the Sensex pack, rising over 2 per cent, followed by UltraTech Cement, ONGC, Sun Pharma, HCL Tech and Nestle India
  • FICCI urges CM KCR to avoid lockdown

    Resorting to lockdown at this stage may not be conducive to the overall situation and will push the economy into downward spiral, said FICCI president Uday Shankar President
  • Assocham seeks reimposition of moratorium amid rising Covid cases

    Given the increasing pressure on businesses, it would be imperative to extend the NCLT moratorium until December 2021, the Assocham said in its representation to the Finance Ministry
  • Women owned-businesses in India to rise 90% in next 5 years: Report

    The study, conducted across 13 states, focuses on the challenges, impact on health, socio-economic security and family well-being outcomes of women entrepreneurs, providing a complete overview of women entrepreneurs
  • Musk drives Tesla Cybertruck at upcoming Gigafactory Texas

    As per Musk, he drove around the Giga Texas complex behind the wheel of the Tesla Cybertruck, reports Teslarati.
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