India records 0.6 per cent current account surplus in March quarter on higher service exports, remittances
India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank of India said on Monday. In the year-ago period, the current account deficit stood at USD 1.3 billion or 0.2 per cent of GDP, and the same was...
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India Storage Alliance demands cut in GST on batteries, charging infrastructure
25 June 2024 | PTI -
Rupee rises 11 paise to close at 83.46 against US dollar
25 June 2024 | PTI -
RBI needs to shift focus from inflation management to growth promotion: MPC
25 June 2024 | PTI -
Passenger vehicle sales to see 3-5 per cent growth this fiscal: Report
25 June 2024 | PTI -
Govt imposes stock limits on wheat to check hoarding, price rise
25 June 2024 | PTI -
Noida airport to launch flight service by April '25 amid construction delays
25 June 2024 | PTI -
Markets settle marginally higher in volatile trade
25 June 2024 | PTI
Taxpayers can amend sales return form before GST payment
GST taxpayers will now have the option to amend outward supply or sales return form GSTR-1 before payment of taxes for a month or quarter. The GST Council in its meeting on Saturday had recommended providing a new optional facility by way of Form GSTR-1A to facilitate taxpayers to amend the...
Students who shone in JEE Advanced felicitated
FIITJEE on Sunday felicitated their meritorious students who had performed exceptionally well in the recently declared JEE Advanced 2024 results. FIITJEEians performed exceptionally well in JEE Advanced with 4 of their students in the Top 10 AIR (All India Ranks). In a glittering event “UTKARSH”, FIITJEE South Delhi centre conducted a felicitation...
Boosting e-commerce exports with dedicated hubs
In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments. The country’s e-commerce exports currently stand at USD 2 billion as compared to...
Haveus Aerotech plans robust expansion in major cities after record profit for FY24
Maintenance, repair, and overhaul (MRO) services provider Haveus Aerotech India plans to open new facilities in Mumbai, Kolkata and Chennai in the coming months as part of its expansion plans, a top company official has said. The company also looks to hire 350 persons to increase its headcount to around...
BoB aims to double tech team headcount to 3,000 by FY26-end
State-owned Bank of Baroda is aiming to double its in-house technology team headcount to 3,000 in the next two years, a top official has said. The new additions to the current team strength of 1,500 employees will be done both through the regular hiring processes and lateral hires of specialist talent,...
New home supply falls 13 per cent in April-June as builders launch fewer projects due to polls: PropEquity
Fresh supply of housing units is estimated to decline 13 per cent during this quarter across nine major cities with builders launching less number of projects because of the general election, according to real estate data analytic firm PropEquity. PropEquity data shows that new housing supply in April-June is estimated to...
BII bullish on Indian EV ecosystem, expects to invest USD 300 million in 3 years: MD
British International Investment, UK’s development finance institution, is betting big on the Indian electric vehicles ecosystem and expects to invest another USD 300 million in the next three years, according to its MD and Head of Technology & Telecoms, Abhinav Sinha. The company, which has backed Mahindra group’s electric vehicles (EV)...
