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Home  Business

Business

Govt to revise definition of small companies: Finance Minister           

Govt to revise definition of small companies: Finance Minister           

  • Framework soon for electricity consumers to choose service provider: FM

    At present, a large number of power distribution utilities (discoms) across the country are state-owned.
  • FM announces voluntary vehicle scrapping policy to phase out old vehicles

    She said this will promote fuel-efficient and environment friendly vehicles while cutting on India's huge import bills.
  • FM proposes sharp hike in capital expenditure to Rs 5.54 lakh crores

    Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.
  • FM announces Rs 18,000 cr scheme for public transport in urban areas

    In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 per cent electrification of broad gauge rail tracks by December 2023.
  • Govt to launch national monetisation pipeline for potential brownfield infra assets    

    "National monetisation pipeline for potential brownfield infrastructure assets will be launched," Sitharaman said.
  • Rs 35,000 cr budgeted for COVID-19 vaccination expenditure in FY22

    India had earlier in January approved two vaccines -- Oxford's Covishield manufactured by SII and Bharat Biotech's Covaxin -- for restricted emergency use.
  • FM Nirmala Sitharaman commences Budget presentation for FY’22

    As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation.
  • Global Chromebook market grows by over 4 times, HP leads

    Lenovo placed second in the Chromebook market, having managed to greatly ramp up production to hit 2.8 million units for a massive 1,766 per cent growth," according to the report by market research firm Canalys.
  • Apple leads global tablet market in 2020, Samsung 2nd

    Apple had a great holiday quarter (October-December period) with its tablets shipments up 37 per cent year-on-year, fulfilling consumer, commercial and education demand, according to a report by Strategy Analytics.
  • Sitharaman replaces Swadeshi ‘bahi khata’ with tablet as Union Budget goes digital

    Finance Minister had launched the "Union Budget Mobile App" for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.
  • Sensex, Nifty open higher ahead of Budget presentation

    On the Sensex chart, IndusInd Bank, ICICI Bank, HDFC, ONGC, Titan and HDFC Bank were prominent gainers.
  • Finance Minister Nirmala Sitharaman to present Union Budget 2021 today

    This year, the Union Budget will be delivered in paperless form for the first time.
  • Gubba to set up biotech lab for seed industry

    Setting up India’s first private sector dehumidified cold storage for seeds in 1998, Gubba today has 12 cold storage facilities for seeds in Hyderabad and Aurangabad (Maharashtra).
  • Govt may announce new scheme for revival of Discoms

    Finance minister may announce plan to revive cash-strapped electricity distribution utilities in budget
  • FPIs net buyers at Rs 14,649 crore in January

    According to FPI statistics available with depositories, overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29.
  • RBI to do annual assessment of banks’ grievances redressal system

    The intensive review will include -- adequacy of the customer service and customer grievances redressal-related policies
  • Govt may give oilfield in lieu of $1.4 billion it has to pay Cairn

    The firm has now won an international arbitration against the tax demand and the government has been ordered to return the value of shares of Cairn it had sold
  • Mutual fund investment in REITs jumps 6-fold in 2020

    REITs and InvITs are relatively new investment instruments in the Indian context but are popular in global markets.
  • Apple starts selling AirPods Max ear cushions separately

    Apple would not be covering the AirPods Max ear cushions under the Apple Care warranty and it instructs the user to remove the AirPods Max ear cushions before sending the unit in for repair.
  • TITA forms new council, appoints Jayesh Ranjan as chairman

    The term of TITA Advisory Council will commence this year.
  • ‘Govt needs to incentivise vehicle conversion to clean fuels’

    The Indian Auto LPG Coalition has urged slashing of GST on conversion kits along with subsidy support to consumers shifting to environment-friendly fuels.
  • IIT-Kanpur, IIM-Lucknow sign MoU for startup ecosystem

    It would boost the entrepreneurial ecosystem and empower future innovators of the country, he added.
  • ‘Rate of fixed broadband subscriber addition ‘steady’ for Jio, Bharti’

    Jio and Bharti now have 19 lakh and 27 lakh fixed broadband subscribers, respectively.
  • GJEPC asks government for jewellery repair policy in next FTP

    The commerce ministry is holding stakeholder consultations for the formulation the next foreign trade policy (FTP) for five years (2020-25). It is expected to be rolled out in April.
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