by PTI News | Mar 20, 2022 | 11:30 am | Economy, News
New Delhi, Mar 20 (PTI) Former finance minister Yashwant Sinha on Sunday said that huge expenditure on welfare schemes by the Modi government has severely impacted the public finances which are currently in a mess with fiscal deficit touching abnormally high levels. Sinha in an interview with PTI said the shocking thing is nobody seems [...]
by PTI News | Mar 20, 2022 | 11:02 am | Economy, News
New Delhi, Mar 20 (PTI) Industry body All India Solar Industries Association (AISIA) has urged Power and New & Renewable Energy Minister R K Singh that structural safeguards and tariff-based barriers are needed for domestic manufacturing to gain a foothold and establish itself. The body highlighted that the (solar equipment) "domestic manufacturers run their plants [...]
by PTI News | Mar 20, 2022 | 11:02 am | Economy, News
New Delhi, Mar 20 (PTI) The next edition of the country's leading automobile show, the Auto Expo, will be held from January 13-18 next year, having been cancelled this year due to the COVID-19 pandemic. The last edition of the biennial automobile show took place in February 2020 amid fears of the spread of the [...]
by PTI News | Mar 19, 2022 | 10:47 pm | Economy, News
New Delhi, Mar 19 (PTI) India and Japan on Saturday agreed to extend clean energy partnership to cover EVs, battery storages and green hydrogen as the two Asian economic powerhouse pivot net zero carbon emission pathways. A India-Japan Clean Energy Partnership statement was issued, detailing areas of cooperation, after Japanese Prime Minister Kishida Fumio met [...]
by PTI News | Mar 19, 2022 | 1:28 pm | Corporate Action, Economy, News
New Delhi, Mar 19 (PTI) Reforms undertaken by the government within the Income Tax department and the "strengthening" of the Indian economy are among the major factors that led to the highest-ever direct tax collections in the country, which stand at over Rs 13.63 lakh crore, CBDT Chairman J B Mohapatra has said.He said apprehensions [...]
by PTI News | Mar 19, 2022 | 1:15 pm | Economy, News
Perth, Mar 19 (The Conversation) Russia's first McDonald's store opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing. Now every McDonald's in Russia is closed, as nations and corporations reduce, suspend or sever ties in [...]
by PTI News | Mar 19, 2022 | 12:56 pm | Economy, News
Canberra, Mar 19 (The Conversation) Australia is the world's number one exporter of both iron ore and metallurgical coal, the key ingredients of traditional steel making. Together, these materials make up a very large part of Australia’s export income. But as the world moves towards net-zero emissions by 2050, the conventional way of making steel, [...]
by PTI News | Mar 19, 2022 | 10:02 am | Corporate Action, Economy, News
Clients to benefit from the synergy of OnDemand's GigCX model, along with CSS Corp's full-time associates and CSS Edison® technology platform BANGALORE, India, March 17, 2022 /PRNewswire/ -- CSS Corp, a global customer experience and technology services provider, today announced acquiring Directly's OnDemand business unit, including its next-gen GigCX services platform. OnDemand offers fast and [...]
by PTI News | Mar 18, 2022 | 8:05 pm | Economy, News
Chennai, Mar 18 (PTI) Confederation of Indian Industry (CII) Tamil Nadu on Friday termed the budget presented by Finance Minister Palanivel Thiaga Rajan as futuristic, inclusive and growth-oriented propelling economic growth. The budget was presented with the aim to strengthen the fiscal position of the state without increasing the tax burden on taxpayers, increasing employability [...]
by PTI News | Mar 18, 2022 | 5:57 pm | Economy, News
Coimbatore, Mar 18 (PTI) Tirupur Exporters' Association (TEA) termed the Tamil Nadu Budget presented by Finance Minister PTR Palanivel Thiaga Rajan as inclusive and growth oriented while also lauding the efforts taken to bring down the revenue deficit by over Rs 7,000 crore and improve the state's economy. TEA President Raja M Shanmugham, in a [...]