Aviation market big enough for Akasa Air to succeed: CEO

Aviation market big enough for Akasa Air to succeed: CEO

Monday, 01 July 2024 | PTI | New Delhi

As Akasa Air spreads its wings on domestic and international routes, the less-than-two-year-old airline's chief Vinay Dube has said he does not think about competition in encouraging or discouraging terms, as the aviation market is "big enough for us to succeed". The carrier, which took to the skies in August 2022,...

Confident of over USD 800 bn exports of goods, services this fiscal: Goyal

Sunday, 30 June 2024 | PTI | Mumbai

India's goods and services exports are expected to cross USD 800 billion this fiscal despite global challenges, Commerce and Industry Minister Piyush Goyal said on Saturday. In 2023-24, the shipments stood at USD 778.2 billion (goods USD 437.1 billion and services USD 341 billion). He said that the global situation is serious...

European jewellers using services of Mega CFC for quality testing

Sunday, 30 June 2024 | PTI | Mumbai

The services of a modern common facility centre developed at a special economic zone (SEZ) here are now being used by European jewellers for quality testing, an industry official said. The Bharat Ratnam Mega CFC (Common Facility Centre) at the SEEPZ (Santacruz Electronic Export Processing Zone) SEZ in Mumbai was inaugurated...

MVN Aero One pre-leases 3 lakh sq ft to co-working operator in Gurugram

Sunday, 30 June 2024 | PTI | New Delhi

Realty firm MVN Aero One has pre-leased 3 lakh square feet office space to co-working operator Spring House in its upcoming project in Gurugram. The office space has been given in the upcoming project 'MVN Aero One Mall' located in Sector-37 D, Dwarka Expressway, Gurugram, Haryana. The company will develop 15 lakh...

UP to promote rooftop solar subsidy scheme

Sunday, 30 June 2024 | PTI | Lucknow

The Uttar Pradesh government will launch an awareness campaign to promote the Centre's 'PM Surya Ghar Yojana' a rooftop solar subsidy scheme in Ayodhya, Varanasi, and Gorakhpur. The new initiative will add to the state's ongoing programmes and schemes to boost generation and use of solar energy. The campaign will be based...

Lightweight tractor developed for small scale farmers

Lightweight tractor developed for small scale farmers

Saturday, 29 June 2024 | Archana Jyoti | New Delhi

A lightweight frame weighing just 450kg tractor having compact 9 HP diesel has been developed by CSIR-Central Mechanical Engineering Research Institute (CSIR-CMERI), specifically for small-scale farmers who have been mostly relying on bullock-driven carts or high-powered costly tractors for the cultivation. This tractor boasts practical front and rear wheel sizes, a...

India, US extend digital tax on e-commerce supplies till June 30

Saturday, 29 June 2024 | PTI | New Delhi

India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday. In a major reform of the international tax system, India and the US have joined 134 other members of the OECD/G20 Inclusive...

About 60% of MSMEs plan to digitise their business processes by 2025: Vi study

Saturday, 29 June 2024 | PTI | New Delhi

Almost 60 per cent of MSMEs plan to digitise their business processes, and 43 per cent plan to increase their digitalisation budget by 2025, according to a study by Vi Business, the enterprise arm of Vi (Vodafone Idea). Medium, Small, and Micro Enterprises (MSMEs) are the backbone of India's economy, currently...

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