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Home  Business

Business

Union Government directs ED, RBI to act against Amazon, Flipkart

Union Government directs ED, RBI to act against Amazon, Flipkart

  • Labour Ministry decides to notify 8.5% interest on EPF for 2019-20

    Now the interest rate would be officially notified in the government gazette following which the EPFO headquarter would give directions for crediting the rate of return on EPF into the subscribers accounts.
  • Fiscal deficit touches 135.1% of FY21 target

    The lockdown imposed to curb the spread of coronavirus had significantly impacted business activities and, in turn, contributed to sluggish revenue realisation
  • Eight core industries’ output contracts 2.6%

    The production of eight core sectors had recorded a growth of 0.7 per cent in November 2019, data released by the commerce and industry ministry showed on Thursday.
  • Retail inflation for industrial workers eases to 5.27%

    It said that the food inflation stood at 7.48 per cent in November as against 8.21 per cent in the previous month.
  • Interest rate on PPF, NSC, other small savings schemes unchanged for Q4

    The girl child savings scheme Sukanya Samriddhi Yojana will offer 7.6 per cent rate during the third quarter of the current fiscal.
  • India’s gas production crosses pre-Covid levels

    The government wants to promote the use of natural gas as it is cheaper, environment friendly and cuts carbon footprint. 
  • EPFO begins crediting 8.5% interest for 2019-20, to reflect in EPF accounts from Jan 1

    A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20.
  • OnePlus may launch fitness band to take on Xiaomi next year

    The band will first debut in India followed by more regions later on and would be priced around Rs 3,000, reports Android Central
  • Apple’s supplier in China accused of using forced Uyghur labour

    This is not the first time Apple's supply chain has been linked to alleged forced labour from the Xinjiang region, said the The Washington Post which first reported the TTP findings this week.
  • Free domestic voice calls from Jio to other networks from Jan 1

    Jio, in a statement noted that as per the telecom regulator's directions, 'Bill and Keep regime' is being implemented in the country from January 1, 2021, thereby ending IUC rates for all domestic voice calls
  • Stable regulatory environment needed for medical technology sector: MTaI

    Senior doctors, who are part of the high-risk population, still have low confidence to visit hospitals and perform surgeries safely.
  • OPPO Reno 5 4G with Snapdragon 720G processor launched

    The smartphone is priced at 86,90,000 Vietnamese Dong and the company is also set to launch the same device in Indonesia on January 12, reports GizmoChina.
  • Apple working on keyboard with reconfigurable displays on each key

    The iPhone maker has recently filed a patent titled "Electronic devices having keys with coherent fiber bundles" and it was granted by the US Patent and Trademark Office on the final patent day of this year
  • Jubilant Foodworks to acquire 10.76 pc stake in BNHL for Rs 92 crore

    BNHL operates Barbeque Nation (BBQ), an Indian cuisine casual dining Brand, which introduced the concept of live grilling of kebabs to the Indian market.
  • ICEA urges for GST and import duty cuts, PLI for laptops

    There is great interest in India with the global supply chain moving out of China, Mohindroo noted.
  • New Asus laptop with 11th gen Intel chip launched

    The laptop is priced at 4,999 yuan and it is only available from the company's Jingdon Official flagship store, reports Gizchina.
  • Musk aims to catch Super Heavy Booster with launch tower arm

    "We're going to try to catch the Super Heavy Booster with the launch tower arm, using the grid fins to take the load," Musk said in a tweet.
  • Samsung heir faces 9 years in prison over bribery case

    "Samsung is a group with such overwhelming power that it is said that Korean companies are divided into Samsung and non-Samsung," prosecutors were quoted as saying during the final hearing.
  • Mega ad phishing campaign hits over 6.15 lakh Facebook users

    The list of affected users is growing at a rapid pace of more than a 100 entries per minute, according to ThreatNix, a Nepal-based cybersecurity firm.
  • Amazon acquires podcast platform Wondery to take on Spotify

    Amazon Music launched podcasts in September 2020, and together with Wondery, we hope to accelerate the growth and evolution of podcasts by bringing creators, hosts, and immersive experiences
  • NewDay pooling talent for mortgage banking

    Company employs 135 people in Hyderabad and is planning to actively hire across domains
  • Warangal lad makes animation movie using motion capture technology

    Big hits like Avtaar have been made on this movie fully made in Telangana; Tenali Ramakrishna's life story is adpated for the project
  • Govt approves Rs 3,000 crore project for Paradip port

    The minister said this was the need of the hour to boost EXIM trade in the current global competitive environment and will provide employment to lakhs of people.
  • RCom group owes Rs 26,000 cr to banks

    The company said that Vodafone Idea has reported losses aggregating Rs 1 lakh crore in the last 15 months. 
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