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Reforms in I-T dept, ‘strengthening’ of economy led to record tax collections: CBDT chairman

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 [...]

Red dirt, yellow sun, green steel: how Australia could benefit from a global shift to emissions-free steel

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, [...]

Centuary Mattress Launches a Sleep Rejuvenation Program on World Sleep Day

In honor of World Sleep Day, Centuary’s new campaign intends to allow people to experience the power of better sleep through a sleep rejuvenation program Hyderabad, India – Business Wire India On the occasion of World Sleep Day, Centuary Mattress, India’s fastest-growing mattress brand with a three-decade of legacy, has announced its new campaign, Sleep [...]

CSS Corp Acquires San Francisco-based Directly’s OnDemand Business

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 [...]

India’s legitimate energy transactions should not be politicised: Sources

New Delhi, Mar 18 (PTI) India's legitimate energy transactions should not be politicised and the countries self-sufficient in crude oil or those importing it from Russia cannot credibly advocate restrictive trading, government sources said on Friday.India has to keep focussing on competitive energy sources and it welcomes offers from all oil producers as geopolitical developments [...]

PM Modi assured Sri Lanka of full cooperation on economic, social matters: Finance Minister Basil Rajapaksa

Colombo, Mar 18 (PTI) Sri Lankan Finance Minister Basil Rajapaksa on Friday said that Prime Minister Narendra Modi has assured Colombo of full cooperation in all economic and social matters, including backing at international forums, to further intensify the close bilateral ties.Speaking to reporters after he returned from India, where he clinched a USD 1 [...]

TN budget will lead to overall economic development, say export organisation

Chennai, Mar 18 (PTI) Welfare measures announced in the Tamil Nadu Budget presented by the Finance Minister of the State Palanivel Thiaga Rajan would help in its overall economic development, an official of the Federation of Indian Export Organisations, southern region (FIEO-SR) said on Friday. FIEO-SR president A Sakthivel said the budget was futuristic with [...]

TN budget futuristic, aimed at propelling economic growth: CII

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 [...]

TN budget will lead to overall economic development, say export organisations

Chennai, Mar 18 (PTI) Welfare measures announced in the Tamil Nadu Budget presented by the Finance Minister of the State Palanivel Thiaga Rajan would help in its overall economic development, an official of the Federation of Indian Export Organisations, southern region (FIEO-SR) said on Friday. FIEO-SR president A Sakthivel said the budget was futuristic with [...]

TN budget inclusive, growth oriented: TEA

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 [...]
Microfinance firm’s MD held for Rs 109-crore fraud

Microfinance firm’s MD held for Rs 109-crore fraud

The managing director of a private microfinance firm has been arrested in Odisha's Sundargarh district for allegedly embezzling over Rs 100 crore on the pretext of giving loans, police said on Friday. The Economic Offences Wing of the Odisha Police arrested Deepak Kindo, who was absconding for over a year and a lookout circular was [...]

TN budget balanced for all segments: Knight Frank India

Chennai, Mar 18 (PTI) The Tamil Nadu budget presented by Finance Minister Palanivel Thiaga Rajan is 'balanced' for all segments and 'robust' given the current state of affairs, property consultant Knight Frank said on Friday. The budget has 'significant' allocations towards housing projects, restoration and recreational development, infrastructure, education and healthcare keeping in mind the [...]
181 new companies, 10,400 jobs created in IT sector despite COVID: Kerala CM

181 new companies, 10,400 jobs created in IT sector despite COVID: Kerala CM

Despite COVID-19, the information-technology industry in Kerala has showcased growth with the opening of 181 new companies in IT parks and creating over 10,000 new jobs, Chief Minister of the State Pinarayi Vijayan said on Friday. Developmental activities, focus on IT parks, and various concessions granted by the government have helped not only to retain [...]

TN budget would enable holistic development of state: MCCI

Chennai, Mar 18 (PTI) The budget presented by Tamil Nadu Finance Minister Palanivel Thiaga Rajan gives special focus in certain critical areas and broad-based approach in social sectors that would enable holistic development of the state, industry body MCCI said on Friday. Madras Chamber of Commerce and Industry (MCCI) President Srivats Ram said the development [...]
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