Context, culture, construct, commitment, and calibrate are essential for managing innovation: Nestle India CMD Suresh Narayanan
New Delhi: Large corporates need to get over the fear of failure, said Suresh Narayanan, Chairman and Managing Director (CMD), Nestle India, during a fireside chat on ‘Leadership - The...
BUREAUCRATS INDIAEDF launches climate smart agriculture capacity building in collaboration with SFI
Baramati: Aligned with the vision of Prime Minister Narendra Modi who recently called for alliance of scientists and farmers to deal with climate change, and ensure a green future, Environmental Defense Fund (EDF) in collaboration...
BUREAUCRATS INDIAMineral production goes up by 4 pc in March-2022
New Delhi: The index of mineral production of the mining and quarrying sector for the month of March-2022 at 144.6 was 4 per cent higher as compared to the level in March last year. As per the provisional figures of the India...
BUREAUCRATS INDIADGTR completes four successful years
New Delhi: The Directorate General of Trade Remedies (DGTR) has initiated several systemic and procedural changes for enhancing transparency and ease of doing business, thereby reducing the compliance burden on stakeholders. ...
BUREAUCRATS INDIAIndia, fastest-growing major economy, projected to grow 6.4 pc in 2022: UN
New Delhi: As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary...
BUREAUCRATS INDIAGreta Electric Scooters to have new manufacturing facility at Faridabad
New Delhi: Greta Electric Scooters, founded by Raj Mehta, the youngest founder of an automobile company, has announced the setting up of a manufacturing unit at Faridabad. This move aims at expanding its footprint in the Nort...
BUREAUCRATS INDIAMerchandise exports scale a new high in April
New Delhi: After a record performance in the last financial year, the exports continued robust growth in April with merchandise exports scaling a new high by crossing US $ 40 billion. This is an increase by over 30 per cent v...
BUREAUCRATS INDIAIndia’s GDP growth to be in band of 7.4 to 8.2 pc: CII president Sanjiv Bajaj
New Delhi: Sharing the likely growth scenarios for the Indian economy for this year, Sanjiv Bajaj, president Confederation of Indian Industry (CII), CII expects the GDP growth in a range of 7.4-8.2 per cent in 2022-23, with t...
BUREAUCRATS INDIAGold, narcotics, and cigarettes are highly prone to outright smuggling: CBIC Chairman
New Delhi: Gold, narcotics, and cigarettes are highly prone to outright smuggling, said Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs (CBIC), Government of India, while addressing the ‘In Conversati...
BUREAUCRATS INDIAIndia Inc’s confidence is up: FICCI Survey
New Delhi: FICCI’s latest Business Confidence Survey reports an improvement in the confidence level of India Inc. Overall Business Confidence Index stood at 67.6 in the current round as compared to 63.9 previously. The ...
BUREAUCRATS INDIASMEs should adopt technology towards raising productivity: Union Minister Anupriya Patel
New Delhi: Union Minister of State for Commerce and Industry Anupriya Patel has called upon small and medium enterprises (SMEs) to adopt technology towards raising productivity and promoting sustainability. Addressing the ina...
BUREAUCRATS INDIAIndia’s services exports set a new record of $ 254.4 billion in FY 2021-2022
New Delhi: India’s services exports set a new record of $ 254.4 billion in the financial year 2021-2022. The new record achieved in 2021-22 beats the previous high of US $ 213.2 billion in 2019-20. Also, services export...
BUREAUCRATS INDIAIndiGo appoints Venkataramani Sumantran as new Chairman
New Delhi: IndiGo, India’s largest airline by passengers carried and fleet size with over 53 per cent domestic market share, has appointed Venkataramani Sumantran as the chairman of the Board of Directors. Sumantra...
BUREAUCRATS INDIACore industries grow by 10.4 pc during FY 2021-22
New Delhi: The cumulative growth rate of Index of Eight Core Industries (ICI) during April-March 2021-22 was 10.4 per cent (provisional) as compared to the corresponding period of last financial year. The combined Index of e...
BUREAUCRATS INDIAIndia faces global challenges from position of strength
Mumbai: India is facing the tremors caused by geopolitical developments from "a position of strength" with improving fundamentals and strong buffers, according to an RBI article. Broadened vaccine coverage, fin...
BUREAUCRATS INDIAWPI inflation hits 4-month high of 14.55 pc in March
New Delhi: The wholesale price-based inflation spiked to a four-month high of 14.55 per cent in March on rising prices of crude oil and other commodities due to disruption in global supply chain in the wake of the Russia-Ukra...
BUREAUCRATS INDIAInfosys Q4 PAT up 12 pc to Rs 5,686 cr
New Delhi: Infosys on Wednesday posted a 12 per cent year-on-year increase in consolidated net profit for the March quarter at Rs 5,686 crore. It posted net profit (after minority interest) of Rs 5,686 crore in the just-ended quar...
BUREAUCRATS INDIACabinet approves pact between SEBI and Manitoba Securities Commission
New Delhi: The Union Cabinet on Wednesday approved the signing of a bilateral Memorandum of Understanding (MoU) between market regulator Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada...
BUREAUCRATS INDIAEnergy transition towards clean sources, low emission energy system is a priority for India: NITI Aayog
New Delhi: Rajnath Ram, Adviser, Energy, NITI Aayog, has said that the energy transition towards clean sources and a low emission energy system is undoubtedly a priority for the country. Addressing a webinar on ‘Develop...
BUREAUCRATS INDIATax revenues in 2021-22 exceed Union Budget estimates by Rs 5 lakh crore
New Delhi: The tax revenue in the Union Budget for 2021-22 was estimated at Rs 22.17 lakh crore against the revised estimates of Rs 19 lakh crore, with a growth of 17 per cent. The Union Budget was presented on February 1, 2021 wh...
BUREAUCRATS INDIAContinuation of RBI’s accommodative stance is welcome: FICCI
New Delhi: The continuation of the Reserve Bank of India’s (RBI) accommodative stance is welcome. The statement does allude to a withdrawal of accommodation clearly signalling towards normalization of liquidity manageme...
BUREAUCRATS INDIAGDP growth estimated at 7.4 pc for 2022-23
New Delhi: The latest round of FICCI’s Economic Outlook Survey puts forth an annual median GDP growth forecast for 2022-23 at 7.4 per cent with a minimum and maximum growth estimate of 6 per cent and 7.8 per cent respec...
BUREAUCRATS INDIAIndia has nearly 66,000 startups
New Delhi: Sustained government efforts have resulted in increasing the number of recognized startups from 726 in FY 2016-17 to 65,861 in FY 2021-22 as on 14th March, 2022. There is at least one recognized startup from e...
BUREAUCRATS INDIA$ 808 million for ‘Raising and Accelerating MSME Performance’
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi has approved USD 808 million or Rs 6,062.45 crore, a World Bank assisted programme on ‘Raising and Accelerating MSME Performance’ (RAMP), ...
BUREAUCRATS INDIAGross NPAs improve from 11.33 pc in FY 2017-18 to 14.69 pc in FY 2019-20
New Delhi: As per the Reserve Bank of India (RBI) data, recovery made by public sector banks (PSBs) during the financial year as a percentage of gross non-performing assets (NPAs) as on beginning of the financial year (FY) ha...
BUREAUCRATS INDIAIT Dept conducts searches on a Pune, Thane based unicorn start-up group
New Delhi: Income Tax Department conducted a search and seizure operation on a Pune and Thane based unicorn start-up group, primarily engaged in the business of wholesale and retail of construction material March 9, said the ...
BUREAUCRATS INDIANet direct tax collections for 2021-22 at Rs 13,63,038 crore
New Delhi: India’s net direct tax collection for the financial year 2021-22 has shown a growth of over 48.4 per cent. The figures of direct tax collections for the financial year 2021-22, as on 16.03.2022 show that net ...
BUREAUCRATS INDIAIndia’s merchandise export reaches $ 390 billion: Piyush Goyal
New Delhi: Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles Piyush Goyal has said that India’s merchandise exports have reached almost USD 390 billion as of March 14...
BUREAUCRATS INDIACCI approves acquisition of Micro Life Sciences
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of Micro Life Sciences Private Limited by South Elm Investments BV. The proposed combination pertains to the proposed acquisition of a minority...
BUREAUCRATS INDIAReliance New Energy acquires assets of Lithium Werks
Mumbai: Reliance New Energy Limited (RNEL), a wholly owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV for a total transaction value o...
BUREAUCRATS INDIARs 74,850 crore proposed investment under PLI scheme
New Delhi: The Production Linked Incentive (PLI) scheme for automobile and auto component industry in India has been successful in attracting proposed investment of Rs 74,850 crore against the target estimate of investment Rs...
BUREAUCRATS INDIAIndia’s exports in Feb up by 25.41 pc to $ 57.03 billion
New Delhi: India’s exports in February has been up by 25.41 per cent to US $ 57.03 billion over the last corresponding month, while overall exports - merchandise and services combined – in April-February 2021-22 s...
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