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    Biz Profiles

    ODISHA: Manufacturing Hub of Eastern India

    December 13, 2020December 13, 2020 0 Shares
    Odisha is fast emerging as the ‘Manufacturing Hub of Eastern India. Chief Minister Mr Naveen Patnaik said the state government is embarking upon the second phase of value addition for...

    Julien Geffard: Ola’s New Director of Electric Business

    December 11, 2020December 11, 2020 0 Shares
    Ride-hailing major Ola on Friday announced the appointment of Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe, as the company gears up to bring...

    Low Crude Prices Help India Fill SPR to the Brim

    September 24, 2020September 24, 2020 0 Shares
    Taking advantage of low prices in major oil-producing centres in Saudi Arabia and UAE, India has filled up its strategic crude oil reserves to meet its energy needs in times...

    SPECIAL: Survive Crisis by Design Thinking

    July 27, 2020 0 Shares
    An entrepreneur turned academician, and a serial entrepreneur, Dr Kaustubh Dhargalkar founded three successful companies, in the area of productivity enhancement, evolutionary technologies, augmenting productivity for manufacturing processes before his...

    Analysts suggest Apple to buy DuckDuckGo

    June 10, 2020 0 Shares
    Apple which earns over $7 billion a year from Google for it to be a default search engine for iOS and Siri can end its reliance on Google if it...

    NIL GST return through SMS rolled out

    by adminBiz ProfilesINDIAN NEWSInvestmentJune 9, 2020

    In a major move towards taxpayer facilitation, the government on Monday allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. This would substantially improve ease of GST…

    Xiaomi patents foldable smartphone similar to Huawei

    by adminBiz ProfilesEconomyIndustryMARKETSJune 7, 2020

    Chinese smartphone manufacturer Xiaomi has patented a foldable smartphone that looks similar to Huawei Mate Xs. Xiaomi apparently filed for the patent in late 2019, and it has now been…

    Another major investment in Jio Platforms

    by adminBiz ProfilesDelhiEconomyINDIAN NEWSLITE BLOGSMARKETSJune 7, 2020June 8, 2020

    In yet another major investment into Jio Platforms, Reliance Industries Ltd (RIL) on Sunday announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment…

    Chennai: People wait in a queue outside a bank branch to exchange old currency notes in Chennai on Nov 10, 2016. (Photo: IANS)

    IOB reduces loan interest rates

    by adminBiz ProfilesCurrency CornerEconomyIndustryInvestmentLITE BLOGSMARKETSJune 7, 2020

    Indian Overseas Bank (IOB) on Sunday said that it has reduced its interest rate on loans linked to MCLR by 30 basis points (bps) in overnight tenor and by 20…

    Rupees. by .

    No New Scheme Funding For A Year

    by adminBiz ProfilesCurrency CornerIndustryJune 5, 2020

    Government has suspended expenditure on all new and approved public-funded schemes and projects of ministries during the current financial year in wake of Covid-19 pandemic that has put unprecedented demand…

    Reserve Bank of India (RBI). (File Photo: IANS) by .

    RBI sets up Payments Infrastructure Development Fund

    by adminBiz ProfilesCurrency CornerDelhiEconomyINDIAN NEWSIndustryInvestmentLITE BLOGSMARKETSJune 5, 2020

    The Reserve Bank on Friday announced the creation of a Payments Infrastructure Development Fund’ with an initial contribution of Rs 250 crore. Accordingly, the fund has been created to encourage…

    BRUSSELS, Dec. 14, 2018 (Xinhua) -- German Chancellor Angela Merkel speaks during a press conference at the end of an EU Summit in Brussels, Belgium, on Dec. 14, 2018. (Xinhua/Ye Pingfan/IANS) by .

    Germany unveils $146bn stimulus package

    by adminBiz ProfilesCOMMUNITYCORONAEconomyGermanyHealthIndustryLITE BLOGSMARKETSJune 4, 2020

    Germany has unveiled an economic stimulus package worth 130 billion euros ($146 billion) to mitigate the economic effects of the COVID-19 pandemic, Chancellor Angela Merkel said. “The size of the…

    New Delhi: Prime Minister Narendra Modi interacts with Sarpanchs across the country through Video-Conferencing on Panchayati Raj Divas in New Delhi on April 24, 2020. by .

    Advantage India as China Withers

    by adminAsia NewsBiz ProfilesChinaCORONAEconomyIndustryLITE BLOGSMARKETSUSA NewsJune 4, 2020

    In most nations, massive economic changes take place every 70-100 years, changing the nations totally. Sometimes these changes destroy the nations, or they take them to the top. The US…

    NEW YORK, Oct. 11, 2018 (Xinhua) -- A trader reacts at the New York Stock Exchange in New York, the United States, on Oct. 11, 2018. U.S. stocks extended deep losses in volatile trading on Thursday. The Dow Jones Industrial Average fell 545.91 points, or 2.13 percent, to 25,052.83. The S&P 500 was down 57.31 points, or 2.06 percent, to 2,728.37. The Nasdaq Composite Index was down 92.99 points, or 1.25 percent, to 7,329.06. (Xinhua/Wang Ying/IANS) by .

    US economy to face $7.9tn loss due to pandemic

    by adminBiz ProfilesCORONACurrency CornerEconomyIndustryLITE BLOGSMARKETSUSA NewsWorld NewsJune 3, 2020June 3, 2020

    Fallout from the COVID-19 pandemic will cost the US economy $7.9 trillion over the next decade, according to new projections released by the Congressional Budget Office (CBO). In response to…

    Infographics: GDP Growth Rate 2020 Forecast. (IANS Infographics) by .

    Modi Pledges Structural Reforms To Boost Economy

    by adminBiz ProfilesEconomyINDIAN NEWSIndustryLITE BLOGSUncategorizedJune 2, 2020

    Prime Minister Narendra Modi on Tuesday said that his government will ensure more policy reforms to speed up economic growth and remove structural bottlenecks in the Indian economy. Accordingly, the…

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