India's Auto Retail Market Records Double Digit Growth In January 2024

New Delhi, Feb. 13 -- Indias auto retail market witnessed a remarkable expansion in January 2024, with significant growth across all vehicle categories, as per the latest data released by the Federati... Read More

Govt Launches Digital Payment Connectivity With Mauritius & Sri Lanka

New Delhi, Feb. 13 -- Prime Minister Narendra Modi, along with his counterparts from Mauritius, Pravind Kumar Jugnauth, and President of Sri Lanka, Ranil Wickremesinghe, participated in the virtual la... Read More

India Moves Forward With Second Round Of PLI Scheme For Advanced Chemistry Cells

New Delhi, Feb. 13 -- The Ministry of Heavy Industries (MHI) of India achieved a significant milestone in its renewable energy agenda with the successful convening of a pre-bid meeting at IFCI Limited... Read More

Quality Restrictions To Come In Force For Import Of 145 Steel Items

New Delhi, Feb. 13 -- A fresh quality control regime encompassing 145 steel products has been initiated by the government, as per a new gazette notification. This new directive supersedes the previo... Read More

Govt To Collaborate With TERI To Establish Center For Energy Transition

New Delhi, Feb. 13 -- Union Minister for Power and New and Renewable Energy, R. K. Singh, revealed an upcoming collaboration between the Government of India and The Energy and Resources Institute (TER... Read More

India's Vegetable Oil Imports Fall by 28%: SEA

New Delhi, Feb. 13 -- According to the Solvent Extractors Association of India (SEA), the country's vegetable oil imports saw a significant decrease of 28 per cent in January, totalling 12 lakh tonnes... Read More

New Law On MSME Payments Stirs Discomfort Among Retailers And FMCG Companies

New Delhi, Feb. 13 -- A recent legislation mandating prompt payments to registered Micro, Small, and Medium Enterprises (MSMEs) has stirred discomfort among organised apparel retailers and FMCG compan... Read More

Retail & Wholesale Traders Await Clarity On Tax Amendment, Agro Food Chamber Demands Inclusion

Chennai, Feb. 13 -- Retail and wholesale traders are urging for clear interpretation regarding the inclusion of their sector under the newly enacted Section 43(B)(h) of the Income Tax Act, 1961. The... Read More

India's Direct Tax Collections Exceeds Revised Estimates; Surpass Last Year's By 20.3%

New Delhi, Feb. 12 -- According to a release from the finance ministry, the Centre's direct tax collections, net of refunds, reached Rs 15.6 trillion as of February 10 in the current fiscal year, mark... Read More

ONGC Reports 14% Decline In Profits Amidst Production And Price Challenges

New Delhi, Feb. 12 -- Oil and Natural Gas Corp (ONGC) faced a 14 per cent year-on-year decline in profit, totalling Rs 9,536 crore during the October-December quarter. This dip in profitability was ... Read More