Rs 5,000 cr proposed for recapitalisation of state insurance companies in third batch of supplementary demands for grants: FM in Rajya Sabha. PTI MBI ANZ MR MR
HYDERABAD, India, March 21, 2022 /PRNewswire/ -- CtrlS - Asia's largest rated-4 hyperscale data center has performed a ceremonial groundbreaking ceremony kicking-off construction of its third hyperscale data center in Gachibowli, Hyderabad. The data center will be spread across 131,000 square feet equipped with 1,600 racks powered by 18MW of electricity. The groundbreaking ceremony was [...]
New Delhi, Mar 21 (PTI) Congress Rajya Sabha member Shaktisinh Gohil on Monday asked the government to tax the rich and big players more to increase revenue but spare the poor and the middle class who have been hit hard by the coronavirus pandemic. Taking part in a discussion on Appropriation Bills in the Upper [...]
New Delhi Mar 21 (PTI) Industry body CII on Monday called for making Open Access almost free for charging electric vehicles from green sources like solar and wind energy.Open Access enables heavy users of more than 1 MW connected load to buy cheap power from the open market."The Confederation of Indian Industry (CII) has called [...]
Devolution of state share in central taxes put at Rs 8.17 lakh cr in FY23, revised estimate of Rs 7.45 lakh cr for FY22 already released: FM. PTI MBI ANZ MR MR
Govt has borne higher cost of urea, not passed it on to farmers: FM Nirmala Sitharaman in Rajya Sabha on excess spending approval sought. PTI MBI ANZ MR MR
New Delhi, Mar 21 (PTI) Khadi and Village Industries Commission (KVIC) issued 2,172 notices to entities engaged in unauthorized sale of products in the name of 'Khadi' till January this year, according to the government. Nearly 500 entities have apologized for unknowingly using the Khadi trade mark, and have removed them from their products and [...]
Digital payments platform PhonePe on Monday announced that it has acquired GigIndia, a network for freelance micro-entrepreneurs. As part of the acquisition, GigIndia, which has 1.5 million entrepreneurs and over 100 enterprises as customers, will integrate with PhonePe, the company said in a statement. It did not divulge the size of the buyout. PhonePe would [...]
New Delhi, Mar 21 (PTI) Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the income tax act, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to the Lok Sabha, Chaudhary said the government will come out with a [...]