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Author: businessreputationdata

Business Updates

Data protection Bill may lower age of consent, ease related norms

December 31, 2021By businessreputationdata

The tenure of Vivek Singh, Officer on Special Duty to Union Finance and Corporate Affairs Minister Nirmala Sitharaman, has been curtailed with effect from July 17 on personal grounds, an office memorandum by Department of Personnel and Training (DoPT) said. The DoPT order dated July 5 mentioned that the Department of Expenditure had issued an […]

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Business Updates

India’s wheat output may touch new record of 114 million tonnes in 2023-24

December 31, 2021By businessreputationdata

FCI’s wheat procurement stood at 26.2 million tonnes, higher than the annual buffer requirement of 18.4 million tonnes.

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Business Updates

High volatility in vegetable inflation haunts economy: Crisil report

December 31, 2021By businessreputationdata

Vegetables have 15.5 per cent weight in the food index, which is the highest after cereals and milk, and remains the most volatile component

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Business Updates

Net direct tax collection rises 23.5% to over Rs 8.65 lakh crore on better advance tax mop-up

December 30, 2021By businessreputationdata

The net direct tax collection of Rs 8,65,117 crore (as on September 16) includes corporate income tax (CIT) at Rs 4,16,217 crore and personal income tax (PIT) including Securities Transaction Tax (STT) at Rs 4,47,291 crore.

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Business Updates

Indian economy to be third largest by 2030: S&P Global

December 30, 2021By businessreputationdata

India is set to become the third-largest economy by 2030 and is expected to be the fastest growing major economy in the next three years, S&P Global Ratings said in its report ‘Global Credit Outlook 2024: New Risks, New Playbook’ released Monday. India’s growth path to become the third largest economy will depend on the […]

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Business Updates

Foxconn to invest Rs 1,600 crore at its new manufacturing unit in Tamil Nadu

December 28, 2021By businessreputationdata

Petronet’s Qatar LNG contract is India’s biggest term contract for super-cooled gas.

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Business Updates

PLI disbursement to hit Rs 13,000 cr this year: Official

December 28, 2021By businessreputationdata

The scheme was announced in 2021 for 14 sectors, including telecom, white goods, textiles, medicial device manufacturing, automobiles, speciality steel, food products, solar PV modules and advanced chemistry cell batteries, with an outlay of Rs 1.97 lakh crore.

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Business Updates

Maruti Suzuki eyes rejig as it looks to double capacity in 9 yrs

December 27, 2021By businessreputationdata

To have 6 EVs among 28 models by FY31, says Chairman R C Bhargava

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Business Updates

IMF sees India’s economy grow at 6.3% in current fiscal year

December 27, 2021By businessreputationdata

The country’s digital public infrastructure and a strong government infrastructure program will continue to sustain growth, the IMF said.

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Business Updates

Adani Ports to buy back another $195 million of bonds

December 27, 2021By businessreputationdata

In a stock exchange filing, Adani Ports and Special Economic Zone (APSEZ) said it will buy back $195 million of bonds due in 2024 using its cash reserves.

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