Mumbai, Jan 17 (PTI) Hiring activity in December 2021 showed a marginal growth of two per cent compared to the previous month, mainly n positive demand in retail and agro-based industries, according to a report. December 2021 saw a monthly rise of 2 per cent in hiring activity compared to the previous month as retail [...]

New Delhi/Davos, Jan 17 (PTI) Climate action is growing across public and private sectors, but more needs to be done to meet the net-zero challenge, the World Economic Forum said in a new study published on Monday. On the first day of its week-long online Davos Agenda summit, the WEF said 92 countries representing 78 [...]

New Delhi, Jan 17 (PTI) Banks have made a case for lowering fixed deposit (FD) tenure to three years for availing tax benefits, in line with mutual fund products like equity-linked savings scheme (ELSS). Currently, the tax break is available on 5-year tax-saving FD schemes. One can claim an income tax deduction by investing money [...]

Bangalore, Karnataka, India (NewsVoir) • Ambee’s Gspatial.ai will offer street-by-street, hourly historical air quality, and weather data for over 70+ countries covering the last 20+ years • Businesses, researchers, and government bodies can utilize Gspatial.ai’s historical air quality and weather data to mitigate climate change loss through deep insights and strategic decision-making Ambee, a climate [...]

New Delhi, Jan 17 (PTI) India's apple exports have jumped 82 per cent since 2014, while fruit imports increased marginally by 3.8 per cent during the same time, according to the commerce ministry data.Increase in exports is helping the growers in Kashmir and Himachal Pradesh to further push the outbound shipments in different parts of [...]

New Delhi, Jan 17 (PTI) Capital markets regulator Sebi has relaxed pricing norms and lock-in requirements to make it easier for companies to raise funds through preferential allotment of shares. Also, the regulator has allowed pledging of shares allotted to promoter or promoter group under preferential issue during the lock-in period, according to a notification. [...]

New Delhi, Jan 17 (PTI) Coal Minister Pralhad Joshi on Monday launched a new rehabilitation and resettlement (R&R) policy of NLC India Ltd (NLCIL) and stressed that compensation to the affected villagers will be based on the fair and transparent process. The minister said the new policy has provisions for enhanced amenities to the project-affected [...]

New Delhi/Davos, Jan 17 (PTI) Chinese President Xi Jinping on Monday said joint efforts are the only way to overcome the COVID-19 pandemic and called for fair distribution of vaccines and expedited inoculation drive globally. In a special address on 'state of the world' on the first day of the week-long online Davos Agenda summit [...]

New Delhi, Jan 17 (PTI) To provide efficacious mechanism for resolving disputes between investors and regulated entities, capital markets regulator Sebi is examining introducing an alternate dispute resolution mechanism, a release said on Monday. Sebi in November 2021 published the 'Investor Charter' for securities markets to further augment its efforts to protect investors' interests, promote [...]

New Delhi, Jan 17 (PTI) India's economic growth is all set to improve over the next 12 months despite the coronavirus pandemic-related problems and global headwinds, says the PwC Annual Global CEO Survey. The findings are based on a survey by the global consultancy that covered 4,446 CEOs in 89 countries and territories, including 77 [...]

New Delhi, Jan 17 (PTI) In the wake of COVID-19 and new digital operations, banking and financial institutions have been struggling to deal with an increasing number of fraud incidents and the trend is expected to continue, a Deloitte India survey said on Monday.Key reasons identified for the increase in fraud incidents over the next [...]

Mumbai, Jan 17 (PTI) Despite the third wave of the COVID-19 pandemic hitting elective surgeries and infecting a large number of medical personnel, hospitals are expected to close the current fiscal with robust revenue and margin growth, as healthcare facilities are reporting around 62 per cent occupancy, leading to a 6 per cent rise in [...]

Less than a week ago, in another milestone attempt, the Centre clarified the affidavit filed last year, elucidating the system already in place. “In its affidavit filed last year, the Centre urged the court to dismiss the petition with costs and claimed that it has “adopted a balanced approach on cannabis” by empowering the State [...]

Pune, Maharashtra, 2022. India’s digital payment infrastructure has matured remarkably, propelling India to the forefront of digital payment innovation! Post the pandemic outbreak, SMEs are moving online making their digital presence in the market with sector specific digital SaaS products. Internet and Mobile Association of India (IAMAI) consociates with Easebuzz as Digital Finance Management Partner [...]

Beijing, Jan 17 (PTI) China's economy grew by 8.1 per cent in 2021 to about USD 18 trillion despite challenges, including epidemic resurgences and a complicated external environment, the government said on Monday.According to the official figures released by the National Bureau of Statistics (NBS), China’s economy grew by four per cent in the fourth [...]

New Delhi/Davos, Jan 17 (PTI) Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 per cent to 142, while the wealth of the ten richest is enough to fund school and higher education of children in the country for 25 years, a new study [...]

Bengaluru, Jan 16 (PTI): Karnataka Chief Minister Basavaraj Bommai on Sunday exuded confidence that the role of the State would be significant in leading the country to a five-trillion USD economy. "Karnataka's role will be much bigger in shaping the New India and a new economy of five trillion USD in the coming years," Bommai [...]

New Delhi, Jan 16 (PTI) Prime Minister Narendra Modi will deliver a 'State of the World' special address at the World Economic Forum's Davos Agenda on Monday via video conference, his office said. The virtual event will be held from January 17 to 21 and will also be addressed by several Heads of State including [...]

Hyderabad, Jan. 16 (PTI) A day after Tesla chief Elon Musk tweeted that the electric car major is working through a lot of challenges with the union government to launch its products in India, Telangana Industries Minister KT Rama Rao asked the US-based auto maker to set up shop in the southern state. “Hey Elon, [...]

New Delhi/Davos, Jan 16 (PTI) With its high-profile annual meeting getting deferred due to the COVID-19 pandemic, the World Economic Forum's five-day online Davos Agenda summit will begin on Monday with Prime Minister Narendra Modi and Chinese President Xi Jinping scheduled to deliver their special addresses on 'state of the world' on the first day [...]

Colombo, Jan 16 (PTI) Sri Lanka has urged more Indian investments in ports, infrastructure, energy, power and manufacturing sectors, days after New Delhi announced a USD 900 million loan to Colombo to build up its depleted foreign reserves and for food imports amid a shortage of almost all essential commodities in the island nation. Sri [...]

New Delhi, Jan 16 (PTI) Commerce and Industry Minister Piyush Goyal on Sunday assured full government support to leaders of India's top IT companies in pushing the growth of the sector and taking services exports to USD 1 trillion in a decade.He said the country is on track to achieve its merchandise exports target of [...]

New Delhi, Jan 16 (PTI) Demanding reduction in import duty on parts used for making mobile phones, industry body ICEA has said that increase in taxes on components will make the products manufactured in India under the PLI scheme globally uncompetitive. The India Cellular and Electronics Association (ICEA) in its budget wishlist has demanded roll-back [...]