ECONOMY
India’s pre-owned automotive market is estimated to increase from ₹2.1 lakh crore in FY23 to ₹5 lakh crore by FY28, with a quantity improve from 46 lakh models in FY23 to 85 lakh models over the subsequent 5 years, in accordance with the OLX Mobility Report (beforehand referred to as the Autonote). Regardless of challenges … Read more
An organization offering meals to its staff, both instantly or by means of a contractor, shall be handled as a restaurant service and shall be ineligible for Enter Tax Credit score (ITC) underneath Items & Companies Tax, Himachal Pradesh’s Appellate Authority for Advance Ruling (HPAAAR) has dominated. Although the orders of the AAAR and AAR … Read more
FarMart, a start-up that connects farming communities to meals companies, stated it’s ranked among the many high 5 quickest rising tech firms within the Deloitte Know-how Quick 50 India 2023 index. A media assertion stated FarMart’s achievement is a testomony to its dedication to innovation, resilience and supply of unparalleled worth throughout the swiftly evolving … Read more
A number of delivery firms and some liquefied pure fuel (LNG) tankers have determined to keep away from the world’s primary East-West commerce route, following assaults launched by Yemen’s Houthi group on business ships on the southern finish of the Crimson Sea. The assaults raised the spectre of one other bout of disruption to worldwide … Read more
The variety of MSMEs (micro, small and medium enterprises) shutting down their operations within the post-Covid interval continues to rise amid the opening up of newer progress alternatives by way of a number of programmes of the Central authorities. As per the Udyam Registration portal, the overall variety of MSMEs that closed their operations between July 1, … Read more
The Maharashtra authorities has introduced that it’s going to set up onion storage banks throughout the State and use nuclear expertise for irradiation to increase the freshness and shelf lifetime of the bulb crop. Chief Minister Eknath Shinde introduced within the State legislature that the federal government has initiated this step to make sure that … Read more
Amid the political storm over the general tally of suspended MPs in previous few days rising to 141, Parliament on Tuesday was rocked by a brand new controversy involving Trinamool Congress MP Kalyan Banerjee’s mimicry of Rajya Sabha Chairman Jagdeep Dhankhar. What irked Dhankar much more was that Congress chief Rahul Gandhi had purportedly filmed the mimickry … Read more
India has knowledgeable the US that the import monitoring system put in place for sure IT {hardware} objects, together with laptops, tablets and PCs, was geared toward making certain provide chain resilience and addressing nationwide safety issues. New Delhi has assured Washington that, as of date, it had no intention of increasing the checklist of … Read more
New Delhi The Union authorities has lowered the price of wheat equipped to cooperative businesses similar to Nafed, NCCF and Kendriya Bhandar to ₹1,715/quintal from ₹2,150 by agreeing to bear a subsidy of ₹435/quintal. Nevertheless, there is no such thing as a order but on whether or not most retail value (MRP) of “Bharat atta”, … Read more
Debt-strapped SpiceJet has formally introduced its curiosity in buying the bankrupt airline Go First. The revelation got here by a submitting the place SpiceJet expressed its intent to submit a suggestion publish diligence, with the intention of fostering a sturdy and viable airline, doubtlessly combining forces with SpiceJet. “Please be aware that SpiceJet Ltd…has expressed … Read more