The Battle between Reliance and Amazon: Jeff Bezos has been setting hands in almost everything from grocery delivery to insurance to drugs in India. Thus begins the epic clash between Amazon and Mukesh Ambani's hard-charging Jio platforms. This U.S. based company has been spreading at the speed at which no...
Tata Group owner and renowned philanthropist Ratan Tata recently shared his views on the companies using layoffs as an escape strategy from the Coronavirus induced economic and financial crisis. On Thursday, he said that layoffs by the  companies in India during The COVID-19 pandemic would act as a knee-jerk reaction....
The skyrocketing COVID-19 cases have stopped the revival in Surat’s synthetic textile hub. With nearly 215 daily new cases and the total tally at 6,313 along with 200 deaths has halted the business activity across the textile chain, right from spinning yarn to making garments. Besides, despite the rupee value...
Indian imports - The export of Indian goods to Bangladesh via the Petrapole border in West Bengal was halted on Wednesday following protests by the exporters in Bangladesh, an official of Federation of Indian Exporter Organisations (FIEO) said. India has allowed export of goods from Petrapole with Bangladesh on June...
India may impose anti-dumping duty on imports of Polystyrene from Iran, Malaysia, Singapore, Chinese Taipei, UAE, and the US in order to guard the domestic players from cheap imports made from these countries. Polystyrene is a foamy material and it is used in refrigerators and air conditioners to have a...
Agarbatti makers will now have to pay 2.5 times customs duty to import bamboos that are used in manufacturing agarbatti (incense stick). The government claimed this increase in the duties is taken in order to encourage the use of indigenous bamboo under Atma Nirbhar Bharat. The 25 per cent...
India has a characteristic bit of leeway in these specific segments and if work is done to fortify these ventures (exporter or importer), it will likewise bolster India hugely.  Pearls and adornments and cell phones and hardware are among the 10 key divisions where the administration needs the business to...
Reporting the Union Cabinet 's choice at press instructions on Wednesday, Union Minister Prakash Javadekar said the move would assist ranchers with showing signs of improvement pay for their produce Association Cabinet on Wednesday endorsed the correction of the Essential Commodities Act permitting ranchers to sell their produce in any...
Former RBI Governor 'Duvvuri Subbarao' on Sunday told the financial stimulus announced by the Centre on March 26 on account of lockdown for containing spread of Corona virus is "not sufficient" ;Maintaining that the combined fiscal deficit of the Centre and states may go up to 13-14 percent of...
GlaxoSmithKline Plc (GSK) will begin selling its stake in Hindustan Unilever Ltd estimated to be worth almost ₹29,850 crore (between $3.5-3.7 billion), a person aware of the development told. GSK received the shares earlier this month in return for the sale of its Indian consumer business to Hindustan Unilever...