New Delhi: The government on Sunday said it is actively considering the review of the minimum export price of USD 1,200 per tonne of basmati rice, amid the industry’s concern that outward shipments have been affected due to high value. Rice exporters associations have been demanding that this rate should be brought down to around […]
New Delhi: India said on Saturday it will maintain the floor price for basmati rice exports until further notice, according to a government order, as the world’s biggest exporter continues to curb overseas shipments of the grain. India imposed a $1,200 per ton minimum export price (MEP) on basmati rice shipments in August to calm […]
New Delhi: Online food ordering and delivery platform Zomato on Friday said a penalty of Rs 1 lakh has been imposed on it and restaurant partner McDonald’s by the District Consumer Dispute Redressal Forum, Jodhpur, for alleged wrongful delivery of non-vegetarian food in place of a vegetarian food order. The company is in the process […]
New Delhi: Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the country’s first international budget carrier, and AIX Connect, […]
New Delhi: About 97 per cent of Indian firms believe that allowing for remote and hybrid work has improved their bottom line, while 79 per cent of organisations agreed that hybrid and remote working has led to their investment in mobility over the last two years, a new report said on Thursday. As many organisations […]
Srinagar: The Director Agriculture Kashmir, Chowdhury Mohammad Iqbal today visited Saffron areas of Pampore and took stock of the crop scenario amid recent wet spell. During the visit, the Director inspected different fields and took feedback from the concerned Saffron growers regarding the positive impact of recent rainfall on the saffron crop. While having an […]
Washington: India has a high debt like that of China but the risks associated with it are not as great as that of its northern neighbour, a senior official from the International Monetary Fund has said, advising India in the medium term to have an ambitious fiscal consolidation plan that brings down deficits. “The current […]
New Delhi: The gems and jewellery sector has played an important role in India’s economic growth and employment generation, Union minister Nitin Gadkari said on Wednesday. Addressing an event organised by the All India Gem and Jewellery Domestic Council (GJC), he said there is a need to increase exports of gems and jewellery. “The gems […]
New Delhi: The country’s largest car maker Maruti Suzuki India has signed an initial pact with IDBI Bank to offer financing solutions for dealers. The new alliance will empower over 4,000 Maruti Suzuki sales outlets across the country with comprehensive inventory funding options for their working capital needs, the automaker said in a statement on […]
New Delhi: The government has collected more than Rs 700 crore in taxes till now this fiscal after a new TDS regime was brought in for online gaming and trade in cryptocurrency, CBDT Chairperson Nitin Gupta said on Friday. About Rs 600 crore in taxes (under the tax deduction at source head) has been collected […]