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Home  Business

Business

Rupee to end 2020 on a bullish note

Rupee to end 2020 on a bullish note

  • Market Outlook: Mutant Covid, thin volumes to dent equities

    The new has caused global anxiety with several countries suspending flight services to the UK, where it was discovered.
  • Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources

    Based on the recommendations of the GST Law Committee, the government has notified new indirect tax rules that makes cash payment of 1 per cent of GST tax liability mandatory for businesses whose taxable supply value exceeds Rs 50 lakh.
  • COVID-19 had massive impact on Indian aviation sector in 2020

    When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively.
  • China’s ban on Australian coking coal to benefit India

    "Such companies are likely to have reduced cost of steel production by around Rs 1,800 per tonne YoY in 2HFY21, supported by the reduced cost of coking coal per tonne of around Rs 7,300," Ind-Ra said in a report.
  • AI-based tech firm CronJ completes Security Project for Saudi Arabia Coast Guard

    "Coast guard was looking for advanced automatic cognitive decision-making solutions for any kind of threat or intrusion in the sea 24x7 through multiple media like email, WhatsApp message and hooter/buzzer," said Monu Kumar, CEO, CronJ.
  • Cloud to fuel 6 key priorities for Indian firms in 2021: IBM CTO

    "The next chapter of the cloud demands the power to quickly innovate and respond to changing market and client demands- build once and deploy anywhere," Natarajan told
  • Hyderabadi wins the national finals of Tata Crucible Corporate Quiz

    Naveen Kumar from Sai Mitra Constructions, Hyderabad emerged as national champion. He won the grand prize of Rs 2, 50,000 and took home the coveted Tata Crucible trophy.
  • India to become 5th largest economy in 2025, 3rd largest by 2030

    India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020
  • Indian auto industry expected to see stronger growth: Nomura

    Electric vehicle sales, especially two-wheleers, likely to see positive movements
  • Reliance to buy out IMG Worldwide

    RIL said it will buy IMG Worldwide's 50 per cent stake in IMG-Reliance Ltd (IMG-R) for no more than Rs 52.08 crore in cash
  • PE investment in realty to hit $6 billion-mark in 2021

    The report noted that the growth may come on the back of an improving economic sentiment supported by policy reforms and growth in key emerging sectors
  • IKEA India FY20 loss widens to Rs 720 cr

    However, IKEA India saw its net sales grow 64.68 per cent to Rs 566 crore in FY 2019-20 from Rs 343.7 crore in the previous fiscal
  • Now Hyderabadis can get cool cocktail kits at doorstep

    With bars and nightclubs shutting shop earlier than usual, tipplers are now turning to non-alcoholic mixes that are delivered right at their doorstep
  • FIDC seeks liquidity support for smaller NBFCs

    Writes to FM saying these SMEs face liquidity challenges
  • Steelcase plans ancillary furniture studio in Hyderabad

    The work-from-home concept has opened up new opportunities for furniture players
  • Cars set to get costlier in 2021

    In order to accommodate the rising commodity prices and input cost, major carmakers have announced a price hike in the range of 3-6 per cent
  • Hyderabad tops in housing launches

    While overall India launches saw 46% decline in 2020, Hyderabad saw 42% jump year-on-year
  • Sales contraction eases for manufacturing sector

    RBI data shows softer contraction of 4.3 per cent (Y-o-Y) in Q2 after shrinking 41.1% in Q1
  • Telangana sets aside 992 acres for MSMEs

    Vacant plots available at a click of a button on TSIIC website using GIS mapping
  • Ratnadeep opens its 100th store in India at Hyderabad

    Plans to add 50 new stores across Telangana, AP and Karnataka, creating more jobs
  • Made in India apps capture 40 pc market share of TikTok since ban

    Indian platforms have captured 40% market share of TikTok and Josh is leading the race owing to quality of content, extensive content library and being able to decode user preferences to deliver right content
  • Myntra sells 1.1 crore items to 32 lakh customers in 5 days

    Catering to more than 50 lakh orders, the fashion carnival witnessed 51 per cent increase in traffic over the previous winter edition
  • World’s 3rd largest cryptocurrency crashes after lawsuit

    According to CoinMarketCap, the XRP's value declined more than 42 per cent in the past 24 hours and was down more than 63 per cent from its 30-day high of $0.76
  • LogisticsNow gears up for vaccine distribution

    The logistics intelligence platform is in talks with manufacturers, cold chain providers and governments
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