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India is set to see significant employment growth in the first half of the current fiscal year (FY25) across key industries, led by healthcare, pharma, automotive, manufacturing, engineering and infrastructure sectors, a report showed on Thursday. The country’s employment market is likely to see an expansion of more than six per cent in the first…
Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh. This came after the brothers failed to pay the fine imposed on them…
DBS Bank India has announced the launch of a pre-shipment financing solution aimed at empower SMEs in the country, in partnership with Receivables Exchange of India Ltd (RXIL), the first Reserve Bank of India-licensed exchange platform under the Trade Receivables electronic Discounting System (TReDS). The Trade Receivables electronic Dscounting System or TReDS is a digital…
International Road Federation (IRF) on Wednesday urged the Goods and Services Tax (GST) Council and the Ministry of Finance to reduce tax on helmets from 18 per cent to nil, to encourage the use of the safety gear. IRF in a statement said two-wheeler riders are most vulnerable during road accident fatalities and lowering GST…
More than six in 10 Indians (67 per cent) said that the majority of their mobile banking logins are simply to check account balances, a new report said on Monday. According to the global IT services firm Accenture, only 42 per cent of respondents rated their primary bank’s customer service as excellent and more than…
Chhattisgarh Assembly election results 2023: Voting for as many as 70 constituencies—or Assembly seats—took place in Chhattisgarh on Friday, November 17, 2023, as the state entered the second phase of polls. The first phase of polling was conducted on November 7 wherein voters cast their ballots for 20 constituencies in the state. As many as…
Boat Lunar Oasis Smartwatch: Audio and wearables brand Boat has unveiled one of its first smartwatches in the Boat Lunar Oasis that is now available for sale in the Indian market. The smartwatch comes with a vibrant 1.43” (3.63 cm) AMOLED Display and dynamic user interface. It is said to be equipped with the QR…
Retirement Planning: Mutual fund investment through systematic investment plan (SIPs) is more popular than lump sum investment in India, given the Association of Mutual Funds in India data for the last one year. The key reasons behind this are that one can start with a small monthly investment of Rs 100. The SIP investment provides…
An Indo-Japanese SME association is on the anvil to help small businesses from Japan enter the Indian market with support of governments from both countries. Speaking at a conference here, Mehool N. Bhuva, President of 70-year-old Indo-Japanese Association in Mumbai said, Japanese SMEs must get into the Indian market and intensified efforts are the need…
Indians purchased more than 21 crore vehicles in the last decade as compared to 13 crore vehicles in the 10 years before 2014, President Droupadi Murmu said on Wednesday. Sales of electric vehicles in the country have also increased multi-fold, she said in her first address to a joint sitting of the two Houses in…