Jitendra Singh,Minister of State (Independent Charge) for...
Category:
Eco/Invest/Demography
Latest
Indian economy to touch $7 trillion mark by 2031: Report
According to a Crisil report, "any further escalation in...
FPIs selling-spree continues withdraw Rs 22,420 cr from equities in Nov
According to the data, FPIs recorded a net outflow of Rs 22,420...
Govt may issue guidelines for ‘flex-fuel’ vehicles by October
The government is also working on an incentive scheme to promote manufacture and use of flex engines in vehicles. The details would be specified when policy in this regard is unveiled.
The use of flexible fuel vehicles (FFVs) is being actively looked at by the government to ensure increased use of bio-fuels for running vehicles, Petroleum Secretary Tarun Kapoor had told IANS earlier.
Amazon launches IP Accelerator programme in India to help businesses secure trademark
Our Intellectual Property Accelerator Program enables businesses to protect their intellectual property, which in turn helps to ensure an authentic shopping experience for everyone,” said Mary Beth Westmoreland, vice-president, technology, brand protection at Amazon,.
To date, six IP law firms – Hasan and Singh, Lexorbis, Sujata Chaudhri IP Attorneys, Amitabha Sen & co, Remfry & Sagar, and H K Acharya & Company – have signed up to be service providers as part of the IP Accelerator programme to support sellers on Amazon.in.
IP Accelerator was launched in the US in 2019, and has since then expanded to Europe, Japan, Canada, Mexico, and now India.
”Revenge travel”: Because home is not where the heart is after months of lockdown
“They are planning weekend getaways to nearby mountains or cities such as from Delhi to Himachal or Jaipur. Or from Bangalore to Ooty. Some are also relocating to work from hills such as Manali or Shimla which is leading to an increase in long term rentals. We are seeing a rise in the booking of Amaze, Honda City in the Sedan category while InnovaCrysta has been the preferred choice by our customers in the SUV category,” said Sunil Gupta, MD and CEO, Avis India.
Corporate payment delay trend stabilized, but risks and uncertainty remain:Coface Asia Corporate Payment Survey 2021
On economic improvement in 2021,Australian firms were the most optimistic, with 80% of respondents anticipating higher growth, followed by India (76%), China (73%), Malaysia (73%) and Taiwan (71%). In contrast, Japan was the only country where less than two-thirds of respondents (61%) expect an improvement in economic growth during 2021.
By sectors, automotive is the most confident regarding year-ahead sales, with 66% of respondents expecting an improvement. This was followed by energy (64%), metals (64%), paper (63%) and pharmaceutical (61%). The highest proportion of companies anticipating an improvement in cash flows over the next 12 months were found in automotive, agri-food, and pharmaceutical at 55% each, followed by metals (53%), paper (52%), and chemicals (51%).
Vaccinated & Covid-recovered tests positive for Delta+
Delta plus variant has also been traced in Maharashtra, Madhya Pradesh, Punjab, Jammu and Kashmir, Karnataka, Tamil Nadu and Kerala. The highest number of patients have been reported in Maharashtra with 21 cases.
Delta variant of Covid creates emerging market gap as outperformers hit
“Achievements in terms of vaccination will increasingly be a differentiation factor among emerging markets in the second half,” said Sebastien Barbe, head of emerging-market strategy at Credit Agricole. “The impact of the further spread of the virus variants will vary significantly depending on vaccination rates,” as well as economic and political factors, he added.
Businesses need not deduct TDS on share purchases via exchanges: CBDT
The CBDT has also clarified that only those entities having turnover from the business of more than Rs 10 crores in the preceding financial year would be required to deduct TDS at the time of purchase of goods over Rs 50 lakh.
Heatwave claims over 17,000 lives in 50 years in India: Study
Heatwave is one of the extreme weather events (EWE). In 50 years (1971-2019) EWE killed 1,41,308 people. Of this, 17,362 people were killed due to heatwave — a little over 12 percent of the total deaths recorded, the study said.
The maximum heatwave deaths were in Andhra Pradesh, Telangana and Odisha, it added.
The research paper was authored by M Rajeevan, Secretary of Ministry of Earth Science, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri, earlier this year. Kamaljit Ray is the lead author of the paper.
50 pc applications for cyclone Yaas relief in Bengal rejected as ‘bogus’: Official
According to a state government notification, someone whose agricultural land has suffered damaged by Yaas would get anything between Rs 1,000 and Rs 25,000.
Any affected farmer cultivating betel leaf and a person who lost his cattle in the calamity are entitled to a compensation of Rs 5,000 and Rs 30,000 respectively.
The notification further said that the state would pay a compensation of Rs 5,000 for partially damaged mudhouses and Rs 20,000 for fully damaged ones.
The race to become the vanguard of India’s stock market is on
After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April.
Passive products now account for nearly a quarter of equity assets under management versus about 16% two years ago, data from the Association of Mutual Funds in India show. That compares to more than 50% in the U.S.