Saturday, April 20, 2024

Economy and Finance

Samsung and OnePlus to manufacture their TVs in India

Currently, Samsung and OnePlus import televisions from Vietnam and China respectively for Indian markets.

Making sense of the tax on parota vs roti debate: Read what the GST authority’s ruling exactly says

The tax order saying parotas are not rotis is applicable only for packaged parotas, and not for regular parota available at restaurants

GST authority rules that packaged parotas are not rotis and they will attract 18% tax

GST authority says Patoras are not completely cooked before packing and consumer has to heat it, therefore they are not same as rotis & will be taxed 18%

Economic policy to alleviate the immediate effects of Covid-19 on the Indian Economy needs to be tactical to stabilize society

As preparations are made to restart economy after effects of lockdown, stimulating demand side of economy is need of the hour

Indian economy will witness a growth of 9.5 percent in the next financial year: Fitch Ratings

Fitch Ratings stated that if India's Financial sector does not go down by 2021-22 then it will witness a growth of 9.5 percent.

Ease of lockdown restrictions shows signs of economic recovery, e-commerce sales almost return to pre-lockdown levels

An increase in sales have been reported by various sectors of the economy following the easing of Lockdown restrictions by the govt

I have confidence in India’s growth story, want to make private sector our partner for growth: Prime Minister Narendra Modi at CII annual event

PM Modi said he has confidence in India’s growth story and he was sure that Indian economy will revive on the back of entrepreneurs, frontline warriors and industrialists.

India emerges as fifth-largest hydropower producer in the world overtaking Japan

As per International Hydropower Association, India has a total installed base at 50 Gigawatt after Canada, the US, Brazil, and China.

Why India should be concerned about the growing investments of China in Indian online gaming companies

Alibaba and Tencent, two of the largest Chinese tech companies now have big stakes in leading Indian online gaming companies.

Indian PPE industry has grown to a Rs 10,000 crore industry in just two months, eyes export market after fulfilling domestic demand: Report

The coronavirus crisis has transformed once a moribund PPE industry and catapulted it on an unprecedented growth trajectory

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