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Latest Articles in Economy

Chattisgarh Government Rejigs 20 IAS 2 IPS Officer

The order issued by the state government announced to transfer of over 100 State Administrative Service (SAS) and state police service officers in the major rejig.

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Paytm Collaborates With DMRC To Launch India’s first FASTag-based metro parking facility

As an acquiring bank for the parking facility at the Kashmere Gate metro station, PPBL will facilitate the processing of all FASTag based transactions for cars having a valid FASTag sticker, thus eliminating the hassle of stopping and paying cash at the counter

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Byjus In Preparation To Acquire US-Based Tynker

In 2021 alone, the 16.5Mn start-up has acquired half a dozen companies by spending over $2 Billion. These range from upskilling, schooling, college education, and competitive exams

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Passage Of New Bill Can Help Millions, Including Indians, Get Green Card In US By Paying Supplemental Fee

The supplement fee would be USD 1,500 if an applicant's priority date is not within two years but they are required to be present in the country

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Trust Between Govt, Industry Critical To Leverage Opportunities Created By Covid-19: FM Nirmala Sitharaman

Elaborating on the government’s strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccination as that was the biggest protection against the pandemic while on the other hand the government is working on ramping up health infrastructure, including in the tier 2 and tier 3 cities, by supporting the private sector.

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CII Expects GDP Growth Of 9.5% For This Fiscal Year

Sitharaman at CII interaction in Chennai shared that liquidity is no longer a major concern. From 15 Oct, there would be a special drive to reach out credit to those who need it, CII informed on Twitter.

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CBDT Refunds Over Rs. 70,120 Crore To More Than 26.09 Lakh Taxpayers

It further added that the Income-tax refunds of Rs. 16,753 crore have been issued in 24,70,612 cases and corporate tax refunds of Rs. 53,367 crore have been issued in 1,38,801 cases, said the department.

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Jet Airways to Start Domestic Operations in Q1, 2022: M L Jalan

Jet Airways is all set to resume domestic operations in Q1 2022, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways

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Bhupendra Patel To Take Over As 17th Gujarat CM Today

Patel (59), who was unanimously elected BJP legislature party leader on Sunday, will be sworn in as the state’s 17th chief minister at 2.20 pm

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Bhupendra Patel To Be Sworn-in As Gujrat Chief Minister On Monday

Bhupendra Patel (59) was unanimously elected as BJP legislative party leader here on Sunday, a day after Vijay Rupani resigned from the post. Patel will be sworn in as the chief minister on Monday.

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More Than 50% Agricultural Households In Debt With Average Loan Of Rs 74,000 in 2019: Survey

The survey further points out that only 69.6 per cent of the outstanding loans were taken from institutional sources like banks, cooperative societies, and government agencies, while 20.5% of loans were from professional money lenders.

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India Cut Down Import Taxes On Vegetable Oils To Calm Prices

The reduction in taxes could bring down prices of the edible oils in India and boost consumption, effectively increasing overseas buying by the south Asian country.

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Past Losses Of PSUs Can Be Carried Forward, Clarify CBDT

Income Tax India took to Twitter and wrote, "CBDT issues clarification regarding carrying forward of losses in case of change in shareholding due to strategic disinvestment. Section 79 of the Income-tax Act, 1961 not to apply in a case involving a change in shareholding due to such strategic disinvestment."

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Delhi Airport's Forecourt Waterlogged Briefly Following Heavy Rains: DIAL

Waterlogging has been reported from several parts of the national capital including Moti Bagh and RK Puram in south Delhi after rains lashed the city Saturday morning.

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Onion Prices Likely To Remain At High, amid Festive Season: Crisi

Onions prices are likely to remain at a higher trajectory during October-November following delay in crop arrivals due to rainfall deficit as August, the key month for transplantation, did not see any recovery in monsoon, the report said. Rainfall deficit stood at a cumulative 9 per cent as of August 30, 2021, it added.

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