The domestic passenger vehicle sales for several manufacturers hit a 12-month low this May as most of the states-imposed lockdown restrictions during the month and automobile manufacturers went for production shutdown at their plants for at least...

In the corporate realm, mergers and acquisitions are a common occurrence and there are a plethora of facets that makes individual businesses to merge with each other or for a big and successful business organization to acquire a small business or...

The output of eight core sectors jumped by 56.1 per cent in April, fundamentally on a low base effect and gain in production of natural gas, refinery products, steel, cement and electricity, as per the official data released. This high...

The base effect is aimed at the production of India's eight major industries skyrocketing in April 2021. The output of the Index of Eight Core Industries increased by over 56 percent last month, compared to a (-) 37.9 percent drop in the same...

The Reserve Bank of India (RBI) on Monday said that the banks and other regulated entities cannot cite its April 2018 order on its virtual currencies (VCs) as it was set aside by the Supreme Court last year. “In view of the order of the...

Chief Economic Adviser KV Subramanian on Monday said the impact of the second Covid-19 wave that it is not likely to be large on the economy but going forward, fiscal and monetary support will be needed to prop up growth. He, however, said it...

Prior to the second wave of the Covid-19 pandemic hit the country, India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter (January-March) of 2020-21. This comes on top of a 0.5 per cent growth in the previous...

Even government agencies like the Employees Provident Fund Organisation (EPFO) cannot revise their claims once a resolution plan for a debt-laden corporate entity is authorized, states the Chennai Bench of the National Company Law Appellate...

The CSC E-Governance India Ltd (CSC SPV) has recently announced the launch of an e-marketplace or portal for agri services, mainly to help small farmers. The CSC SPV is a special purpose vehicle under the Ministry of Electronics & IT provides...

Center on Saturday stated that it has allowed permission of "No-Permission-No-Takeoff" (NPNT) compliant drone operations at 166 additional green zones. Therefore, the approved sites permit drone usage up to 400 ft Above...