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Economy
29 Presidential Awards for Revenue department personnel
New Delhi: A total of 29 revenue department officials and staff, from a head constable to a Principal Additional Director General, have been recognised for the meritorious and distinguished service on the occasion of Republic Day 2022.!-->…
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IMF downgrades 2022 global growth forecast to 4.4% amid Omicron surge
Washington: The International Monetary Fund (IMF) has projected the global economy to grow by 4.4 per cent in 2022, down by 0.5 percentage points from October's forecast, according to a newly released update to its World Economic Outlook!-->…
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Budget 2022: Increase in custom duty on Aluminium scrap from 2.5 to 10% is key expectation
New Delhi: As the Indian economy pushes forward to grow at 9 per cent and above over the next few years, a key challenge for the country would be to rebalance its energy needs in favour of renewable sources by 2030 to 50 per cent as per!-->…
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Hike in premium exemption, indication on GST cut on premium budget expectations of insurers
Chennai: An indication on reduction in the Goods and Services Tax (GST) rate on health insurance, giving infrastructure status to healthcare facilities, hiking tax deduction for insurance premium are some the budget wishes listed out by!-->…
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Equities reverse from sharp decline
New Delhi: After a sharp freefall on Monday due to heavy fund outflows by foreign institutional investors as well as fears of policy tightening ahead of the US Fed's monetary policy meeting, Indian equities rose marginally in early trade!-->…
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Panasonic to mass produce next-gen batteries for Tesla in 2023
San Francisco: Panasonic is reportedly planning to mass-produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up to 20 per cent.
According to Nikkei Asia, the Japanese company!-->…
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Global Woes: Over Rs 3k cr FIIs’ fund outflow plunge Indian equities
Mumbai: A massive flight of foreign capital along with prospects of a global conflict in Europe heavily battered Indian equities on Monday.
Besides, high oil prices, upcoming budget and lacklustre quarterly results added to the!-->…
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Budget 2022: Big boost to MSMEs expected
There are, in fact, reasons for it -- the poll-bound states have a good share of MSMEs and the government would not take any chance to let the Opposition label it "as anti-poor, anti-small traders".
Congress leader and former party!-->…
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BioAsia 2022 to focus on future readiness of life-sciences industry
Hyderabad: The 19th edition of BioAsia, Asia's largest biotechnology and life-sciences forum to be held here next month will focus on future readiness of the life-sciences industry.
Over 30,000 participants from more than 70 countries!-->…
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India can reach $300 bn electronic manufacturing by 2026: MeitY-ICEA
New Delhi: Indian can reach $300 billion worth of electronics manufacturing and exports by 2025-26 -- nearly four times from the current $67 billion -- if specific product segments with high potential for scale are shortlisted and catered!-->…
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