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Category: Business

Business

Auction-only route for dust tea sale against govt.’s ease of doing business policy: NETA

Posted on December 2, 2024 By admin
Auction-only route for dust tea sale against govt.’s ease of doing business policy: NETA

The North East Tea Association said producers should be at liberty to sell their produce in whatever manner they feel comfortable. | Photo Credit: ANI GUWAHATI A February 26 gazette notification making it mandatory for producers to sell 100% of their dust teas through public auction was against the government’s much-vaunted policy of ease of…

Read More “Auction-only route for dust tea sale against govt.’s ease of doing business policy: NETA” »

Business

Centre working on national policy paper on female labour force participation

Posted on December 1, 2024 By admin
Centre working on national policy paper on female labour force participation

The move comes amid a recent World Bank report which said women faced a sharp drop in their labour force participation post-marriage in India. Image for representation | Photo Credit: Getty Images The Centre will soon bring out a national policy document on female labour force participation with a focus on providing an enabling atmosphere…

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Business

Net GST revenues up 11.1% in November amid sharp drop in refunds

Posted on December 1, 2024 By admin
Net GST revenues up 11.1% in November amid sharp drop in refunds

Photo used for representation purpose only. Growth in Gross Goods and Services Tax (GST) revenues slowed to 8.5% in November from 8.9% in October, with the indirect tax receipts easing to a little over ₹1.82 lakh crore from ₹1.87 lakh crore in the previous month. However, net GST revenues, after factoring in refunds to…

Read More “Net GST revenues up 11.1% in November amid sharp drop in refunds” »

Business

Potato traders threaten strike from December 3 if West Bengal doesn’t allow selling to other States

Posted on December 1, 2024 By admin
Potato traders threaten strike from December 3 if West Bengal doesn’t allow selling to other States

Neighbouring States such as Odisha and Jharkhand rely heavily on West Bengal for their potato supply. Representational file image. | Photo Credit: PTI Potato traders of West Bengal threatened to go on strike on Tuesday (December 3, 2024) if the State government does not lift restrictions on selling to other States. West Bengal recently re-imposed…

Read More “Potato traders threaten strike from December 3 if West Bengal doesn’t allow selling to other States” »

Business

FPIs’ selling spree continues in November at ₹21,612 crore

Posted on December 1, 2024 By admin
FPIs’ selling spree continues in November at ₹21,612 crore

Representational image only. File | Photo Credit: Special arrangement Foreign investors pulled out ₹21,612 crore ($2.56 billion) from the Indian equity market in November, mainly owing to the rising U.S. bond yields, strengthening dollar and expectation of a slowdown in the domestic economy. While the sell-off continues, the quantum of net outflow significantly reduced compared…

Read More “FPIs’ selling spree continues in November at ₹21,612 crore” »

Business

How will bribery charges impact Adani?

Posted on November 30, 2024 By admin
How will bribery charges impact Adani?

Adani Group chairman Gautam Adani speaks at an event in Jaipur on November 30, 2024. | Photo Credit: AP The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of…

Read More “How will bribery charges impact Adani?” »

Business

Dolby bets big on Indian automobile sector to replicate China success story

Posted on November 30, 2024 By admin
Dolby bets big on Indian automobile sector to replicate China success story

Dolby Global Vice President for Commercial Partnerships Javier Foncillas says that this is the first time they are entering India car market and it offers huge opportunity. Having successfully penetrated into the Chinese automobile sector within a short duration, Dolby is betting big on the Indian market to replicate its success story, said a top…

Read More “Dolby bets big on Indian automobile sector to replicate China success story” »

Business

Skylark unveils OT Cybsersecurity CoE in Chennai with Fortinet

Posted on November 30, 2024 By admin
Skylark unveils OT Cybsersecurity CoE in Chennai with Fortinet

The new Centre of Excellence was jointly inaugurated by Skylark Technologies Co-owner and Executive Director Jose Prakash, Fortinet Country Manager India & SAARC Vivek Srivastava and Skylark Technologies Managing Director S. Kumar. Global IT services provider Skylark Information Technologies in partnership with Fortinet announced the opening of India’s first Operational Technology (OT) Centre of Excellence (CoE)…

Read More “Skylark unveils OT Cybsersecurity CoE in Chennai with Fortinet” »

Business

Gautam Adani breaks silence on U.S. indictment, says his group is committed to compliance

Posted on November 30, 2024 By admin
Gautam Adani breaks silence on U.S. indictment, says his group is committed to compliance

Billionaire Gautam Adani. File. | Photo Credit: Reuters Adani Group founder Gautam Adani responded for the first time on Saturday (November 30, 2024) to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. Gautam Adani indictment: In-depth coverage…

Read More “Gautam Adani breaks silence on U.S. indictment, says his group is committed to compliance” »

Business

Join Central schemes and be self-reliant, Nirmala Sitharaman urges women

Posted on November 30, 2024 By admin
Join Central schemes and be self-reliant, Nirmala Sitharaman urges women

Union Finance Minister Nirmala Sitharaman hands over a loan sanction letter to a beneficiary at the Credit Outreach Programme in Madhubani, Bihar, on November 30, 2024. | Photo Credit: ANI/Nirmala Sitharaman Office X Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday (November 30, 2024) distributed loans amounting to ₹1,121 crore to 50,294…

Read More “Join Central schemes and be self-reliant, Nirmala Sitharaman urges women” »

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