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Trends – India’s largest apparel and accessories speciality chain of Reliance Retail has announced an interesting contest ‘Selfi with Kites” during the kite flying festival Uttrayan for its consumers. Across 40 stores in Gujarat, Trends would be connecting with consumers through the contest. Entries would be invited from its customers wherein they will have to […]
Telecom operators are demanding that the Telecom Regulatory Authority of India (Trai) slash the reserve price for the 5G spectrum by more than 90 per cent. According to the Vodafone Idea spokesperson reserve price for 3,300-3,670 Mhz needs to be reassessed. The operators have highlighted that Trai’s past valuation methods need to be relooked given […]
The market continued its positive run on Wednesday as Sensex opened 0.60 percent up at around 60998.90 points, in the afternoon session Sensex reclaimed the 61,000 mark and ended the day 0.88 percent higher at 61,150 points. Whereas Nifty50 opened 0.61 percent higher at around 18,187 points. NSE closed above 18,000, 0.87 percent higher at […]
India will continue to represent to China the interests of Indian students, workers and their families currently stranded back home for the last two years due to travel restrictions imposed by Beijing. Speaking at a meeting of expatriates on Pravasi Bharatiya Diwas on Sunday, Charge d’Affaires, Dr. Acquino Vimal assured the Indian diaspora of unrelenting […]
CBDT Extends Due Date For Filing IT Returns Till March 15 In a piece of good news for tax payers, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing of Income Tax Returns for the assessment year 2021-22 to March 15, 2022. A press release from the Finance Ministry on Tuesday […]
The COVID pandemic has not spared the world’s largest condom manufacturer Karex Bhd., with the use of its products plummeting to as much as 40% over the past two years. Contrary to popular belief, sexual activity using the contraceptive did not increase, even with people staying home amid lockdowns. The closure of hotels and non-essential […]
Vodafone Idea Ltd. said the Indian government will own almost 36 per cent of the country’s third-largest wireless phone operator after its board approved the conversion of dues into equity. This will result in dilution for all the existing shareholders of the company, including the founders, the unprofitable wireless carrier said in a stock exchange […]
Consumer Electronics Show 2022 (Jan 5 to Jan 8) just got over in Las Vegas. Since 1967, it has gained foreground as the most influential tech event in the world. A proving ground for breakthrough technologies and global innovators, CES is where the world’s biggest brands do business and meet new partners, and the sharpest […]
The Enforcement Directorate has uncovered raids across the country in connection with a fake cryptocurrency called Morris Coins, in which the company launched an “intimate coin offering”. Investors in Kerala, Tamil Nadu and Karnataka are estimated to have sunk an estimated Rs 3,000 crore. In this case, the police have raided Bangalore’s Longrich Technology, Morris […]
India has achieved the highest ever merchandise export of USD 37.29 billion in December 2021, which shows an increase of 37 percent over the same period last year, said Union Minister of Commerce and Industry, Piyush Goyal. Data shows that India’s merchandise export between April-December 2021 stood at USD 299.74 billion, with an increase of […]
GST revenues for the Central Government in December 2021 are 13 percent higher than the revenues in the same month last year and 26 percent higher than in December 2019, the Finance Ministry said on Saturday. Total of Rs. 1,29,780 crore of GST is collected by the Government in the month of December of which […]
Nirmala Kurien, 63, is best known for being the daughter of Verghese Kurien, but she’s a remarkable personality in her own right. A divorcee and a single parent, Ms Kurien built an independent career in Chennai, to support herself and her son Siddharth. She is currently General Manager, Human Resources, at Sankara Nethralaya eye hospital. […]
The protest of traders against increase in goods and services tax on textile has finally payed off as GST Council has decided to defer the hike in GST rate on textiles from 5 per cent to 12 per cent. Several states flagged higher tax rate on textile products from January 1 and demanded that the […]
A revised slab for Goods and Services Tax (GST) will come into effect from January 1. The changes were declared by the Central Board of Indirect Taxes and Customs (CBIC) on November 18. So be prepared for prices that will only get higher. Tags on clothes and footwear will increase as the GST rate on […]
Life has changed. The way we live, work, educate our children or log-in for virtual meets is happening a new way. Our means of income, investment and spends have also entered the e-commerce avenues, some with e-wallets and some with online payments. Little wonder then that the top tech trends for 2022 will be a […]
The Reserve Bank of India on Tuesday released the “Trend and Progress of Banking in India 2020-21” report. The report showcases the overall performance of the banking sector which includes co-operative banks and NBFCs- Non banking financial institutions during 2020-21 and 2021-22 so far. Main Highlights of the report: Consolidated balance sheets of scheduled commercial […]
Global Real Estate consultancy Knight Frank’s latest report ‘Affordability Index’ puts a stamp of approval to what developers and many experts have been saying about the Real Estate market of Ahmedabad with the city being declared the ‘Most Affordable’ market in the country. Knight Frank on Wednesday released its report ‘Affordability Index-Rediscovering Affordability’, for which their time […]
The New Year will begin with more burden on the pocket. Two days from now, withdrawing money from ATMs, buying cars, clothes and footwear will become expensive. The Reserve Bank of India has allowed increase in charges on cash withdrawals after free transactions. According to the RBI, after a free transaction, the bank will be […]
The stock market ended marginally lower on Thursday. The market witnessed 1979 shares ending in green and 1309 shares which declined. The market closed at 57,806.49 down 0.16 percent. The NSE closed at 17,213.60 down 0.11 percent. Top Gainers were: No Company Name Gains(in %) 1 Paramone Concepts 20.00 2 Cybertech System 20.00 3 VMV Holidays Ltd. 20.00 4 Nureca […]
On The birth anniversary of Dhirubhai Ambani, India’s richest man and the Chaiman and Managing Director of Reliance Industries Limited Mukesh Ambani has dropped hints of giving more responsibilities to the new generations. An iconic entrepreneur Dhirubhai started Reliance from very humble beginning to make it one of India’s most successful business empires during his […]
