The Confederation of Indian Industry (CII) has called for the establishment of a pandemic pool, citing the disastrous impact of the COVID-19 crisis on financial, administrative, and social systems. According to the CII, insurance companies have...

Total outstanding dues owed by electricity distribution utilities or discoms to power producers dropped by 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago. Distribution companies (discoms) owed a total Rs 97,111 crore to power...

Foreign portfolio investors (FPIs) have pulled out Rs 4,515 crore from the equities segment in the first half of the month of July as they turn cautious towards the domestic market. “With markets trading near all-time high, FPIs would...

Jewellers will have to pay GST only on the profit earned on resale of the second-hand gold jewellery, Karnataka AAR has ruled. The application to the Authority for Advance Ruling (AAR) was filed by Bengaluru-based Aadhya Gold Private Ltd seeking...

As the covid continued show its severity in 2021, government was anxious that industrial slowdown will be a big problem due to covid ‘shutdowns’ and ‘lockdowns’. Although, these govt.-imposed lockdowns and shutdowns...

Several companies work tirelessly to stay ahead of their competition. Occasionally, they do that by investing in new technology, other times by allocating more resources to large advertising campaigns or seeking out new professionals who...

The Reserve Bank of India (RBI) has stated that the tapering of the Covid-19 second wave, combined with an active vaccination campaign, has improved the Indian economy's near-term prospects, although inflation is expected to "persist at...

The government plans to build a ‘power bank’ of 4,000 MW (megawatt) battery storage for grid operators and discoms, indicating an innovative approach towards promoting renewable energy and encouraging domestic manufacturing in the...

The first batch of payment to states and Union Territories amounting to Rs 75,000 crore to meet compensation shortfall under Goods and Services Tax (GST) for financial year 2021-22 was released on Thursday. This is part of...

The multinational card network is barred from adding a new credit, debit or prepaid card customer in India beginning July 22, RBI in its press release statement, adding the order will not affect existing Mastercard customers. Barely three...