Economy

New Delhi:  A total of 171 food processing companies have been approved for assistance under the Production-Linked Incentive Scheme for Food Processing Industry (PLISFPI) and incentives worth Rs 1,155.296 crore has been disbursed, out of…
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New Delhi: Ever since OpenAI released its GPT-4o update, social media platforms like Meta's Instagram and Elon Musk’s X have been flooded with Ghibli-style images. The word ‘Ghibli’ comes from a Libyan Arabic term for a hot desert wind.…
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New Delhi: The global capability centres (GCCs) are projected to contribute 5 per cent to India’s economy by 2030, according to a report released on Friday. The ‘Economic Survey 2024’ had projected a 3.5 per cent contribution to India's…
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New Delhi:  FICCI Ladies Organisation (FLO), an apex body of businesswomen in the country, on Friday stressed the need to step up support and strengthen women entrepreneurs which will ultimately help boost the nation’s economy. The…
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Mumbai:  The domestic benchmark indices opened flat on Friday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.28 am, Sensex was trading 102.31 points or 0.13 per cent down at…
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New Delhi:  Amid the rise in quick commerce, trend-first commerce and hyper-value commerce, India's e-retail market is projected to reach $170-$190 billion in gross merchandise value (GMV) by 2030, a report showed on Thursday. The report…
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New Delhi: Gautam Adani, the Chairman of the Adani Group, has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the ‘Hurun Global Rich List 2025’ on…
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Mumbai: The Securities and Exchange Board of India (SEBI) is working on a new penalty system that would prevent brokerage firms from being fined multiple times for the same violation. The proposal, which has been under discussion for the…
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New Delhi: The Bureau of Indian Standards (BIS) has seized more goods that did not have the mandatory ISI mark or had fake ISI labels from Amazon and Flipkart warehouses as part of the crackdown against shoddy goods being sold on e-commerce…
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Mumbai: Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962. The penalty arose from a customs duty…
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