Perth, Apr 8 (PTI) Seeking investments, Commerce and Industry Minister Piyush Goyal on Friday said India and Australia can enhance cooperation in areas such as skill development, education, services sectors, information technology, manufacturing and internet of things. He said Australian firms that would invest in India can own 100 per cent of their companies and keep [...]
New Delhi, Apr 8 (PTI) Prime Minister Narendra Modi said on Friday that the Union Cabinet's decision of supplying fortified rice through government schemes is in line with the endeavours to improve nutrition levels and further the welfare of women and the young population. To address the issue of malnutrition among the poor, the Centre [...]
New Delhi, Apr 8 (PTI) Traders' body CAIT on Friday reiterated its demand to abolish provision of mandatory GST registration for onboarding on any e-commerce portal. CAIT Secretary General Praveen Khandelwal said this provision is preventing large numbers of traders across the country from using e-commerce as another vertical to boost their trade. To address [...]
Chennai, Apr 8 (PTI): Global software-as-a-service company - Kissflow Inc - has drawn up plans to set up offices overseas as part of tapping the USD 40-billion low code, no code software solutions business, a top company official said here on Friday. The city-based company on Friday presented German luxury BMW cars to each of [...]
New Delhi, Apr 8 (PTI) Public sector lender Punjab National Bank (PNB) on Friday said it has opened its international banking unit at GIFT City in Gujarat. PNB's IFSC banking unit at GIFT City, Gandhinagar was inaugurated by MD and CEO Atul Kumar Goel, the bank said. The branch will cater to the customers' needs [...]
New Delhi, Apr 8 (PTI) India's gross tax collections soared to a record high of Rs 27.07 lakh crore in the fiscal year ended March 31, led by impressive growth in corporate tax and customs, taking the tax-to-GDP ratio to an over two-decade high of 11.7 per cent, Revenue Secretary Tarun Bajaj said on Friday. [...]
New Delhi, Apr 8 (PTI) India's gross tax collections soared to a record high of Rs 27.07 lakh crore in the fiscal year ended March 31 as mop-up from income, corporate taxes, customs and GST jumped, taking the tax-to-GDP ratio to the highest in 23 years, Revenue Secretary Tarun Bajaj said on Friday. The tax-to-GDP [...]
Equity mutual funds attracted an all-time high net inflow of Rs 28,463 crore in March, on continued interest by retail and HNI investors, who used market correction as a good buying opportunity. The net infusion, which also marks the 13th straight month of net inflow, indicates the underlying bullishness among investors despite record outflow by [...]
Mumbai, Apr 8 (PTI) Equity benchmarks posted smart gains on Friday after three days of losses as the RBI kept the policy rate unchanged at a record low and maintained its accommodative stance but flagged inflationary pressures amid the Russia-Ukraine war. The BSE Sensex climbed 412.23 points or 0.70 per cent to settle at 59,447.18. [...]
Mumbai, Apr 8 (PTI) After three years of attempting to push growth, the Reserve Bank is shifting its policy priorities to tackle the rising inflationary pressures, Governor Shaktikanta Das said on Friday. He also made it clear that while the policy stance remains accommodative, efforts will be focused on withdrawal of the easy policies which [...]
