Orlando Indian Community - OrlandoIndian.com
| | |
 


 

Business/Economy News and Articles


Categories
International
Bollywood
Art/Culture/Books
Business/Economy
Cinema/Showbiz
Crime/Disaster/Accident
Defence/Security
Diaspora
Diplomacy
Education
Environment/Wildlife
Features
Health/Medicine
Human Interest/Society
Immigration/Law/Rights
Interviews
Kashmir
Lifestyle/Fashion
Media
Opinion/Commentary
Politics
Religion
Science/Tech
South Asia
Sports
State Elections 2013
Terrorism
Tamil Nadu
National
Turkey
Other Sports
Orissa
Southern Cinema
Delhi
West Bengal
Myanmar
Indo-Pak/Pakistan
Tripura
United Kingdom
Bihar
China
Jammu And Kashmir
Himachal Pradesh
Mumbai
New Delhi
Gujarat
Punjab
Slovakia
Spain
United States
Germany
Togo
Israel
Pakistan
Goa
United Arab Emirates
Russian Federation
Dharamsala
Indonesia
Kerala
Andhra Pradesh
Kolkata
Malta
India
Syrian Arab Republic
Singapore
Karnataka
Assam
Rajasthan
Thailand
Uttar Pradesh
Bangladesh
Mexico
Niger
Iraq
Egypt
Sri Lanka
Japan
Netherlands
Cuba
Nagaland
Meghalaya
Haryana
Poland
Nepal
France
Kenya
New Zealand
Hollywood
Brazil
Canada
Maharashtra
Yemen
South Africa
Australia
Latvia
Ireland
Uttarakhand
Libyan Arab Jamahiriya
South Korea
Hong Kong
Jordan
Central African Republic
Italy
Norway
North Korea
Sudan
Philippines
Madhya Pradesh
Mizoram
Azerbaijan
Portugal
Cambodia
Zimbabwe
Greece
Ethiopia
Sweden
Sikkim
Malaysia
Monaco
Belgium
Denmark
Uruguay
Morocco
Colombia
Switzerland
Qatar
Albania
Lebanon
Costa Rica
Saudi Arabia
Rwanda
Cameroon
Cyprus
Congo
Nigeria
Hungary
Oman
Bulgaria
Bahrain
Somalia
Finland
Holy See (vatican City State)
Tunisia
Bahamas
Paraguay
Taiwan
Province Of China
Lao Peoples Democratic Republic
Puerto Rico
The Democratic Republic Of The
Honduras
Ghana
Cricket
IPL
Technology
Badminton
Football
Tennis
Roquebrune
Athletics
Golf
Serbia And Montenegro
Usa
Rroquebrune-cap-martin
Manipur
Hockey
Panama
Arunachal Pradesh
Motorsports
Viet Nam
Argentina
--select--
Kazakhstan
Leicestershire
US Elections
Afghanistan
Iceland
Florida
Venezuela
Czech Republic
Bhutan
Shakmir
Ecuador
Hyderabad
2016 In Retrospect
Ukraine
Jharkhand
Kyrgyzstan
Fiji
Gabon
Burkina Faso

Celebrity Photos
Tahira Kashyap
Mohit Malhotra
Kamal Haasan
Udta Punjab
Shraddha Srinath
Mahesh Bhupati
Udit Narayan
Saira Banu
Ananya Pandey
Jay Bhanushali
Headline
Auto sector disruptor PLI scheme to re-energise incumbents, charge up new players
New Delhi, Sep 19 (IANS) Government's productivity linked incentive (PLI) scheme for auto and auto component industry is set to disrupt the industry in a big way pushing existing large players to open their game plan on electric vehicles (EV) and vehicles made using newer technologies while also bringing in several newer players into the fray competing for a share of expanded market.
2021-09-19
Category: India, Delhi,Business/Economy
Fuel prices stable for fortnight amidst volatility in global oil market
New Delhi, Sept. Sep 19 (IANS) Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again.
2021-09-19
Category: India, Delhi,Business/Economy
Centre tweaks airfare cap rules, gives more pricing freedom
New Delhi, Sep 18 (IANS) To give more pricing flexibility to the airlines, the Centre has tweaked the airfare cap rules.
2021-09-18
Category: India, Delhi,Business/Economy
Kitex Group signs MoU to invest Rs 2,400 cr in Telangana
Hyderabad, Sep 18 (IANS) Kerala-based textiles major Kitex Group will invest Rs 2,400 crore in Telangana to set up two integrated fibre to apparel manufacturing clusters.
2021-09-18
Category: India, Andhra Pradesh,Business/Economy
India hikes domestic flight capacity to 85%
New Delhi, Sep 18 (IANS) The Centre on Saturday allowed domestic airlines to deploy up to 85 per cent of their pre-Covid flight capacity.
2021-09-18
Category: India, Delhi,Business/Economy
Kerala aiming for 15,000 startups by 2026: Vijayan
Kochi, Sep 18 (IANS) Kerala is working towards a four-fold increase in the number of startups by aiming to take their total to 15,000 in the next five years, said Chief Minister Pinarayi Vijayan, here on Saturday.
2021-09-18
Category: India, Kerala,National,Business/Economy,Politics
Cryptocurrency Hyper Fund under govt scanner (IANS Investigation)
New Delhi, Sep 18 (IANS) The government is keeping a close eye on cryptocurrency floating in the market based out of the country folowing alert that agencies responsible to check financial fraud are watching a company called Hyper Fund.
2021-09-18
Category: India, Delhi,National,Crime/Disaster/Accident,Business/Economy
Covid might shift India's growth model
New Delhi, Sep 18 (IANS) The Covid-19 pandemic could act as an inflection point to shift India's growth model from being consumption driven to investments-led.
2021-09-18
Category: India, Delhi,Business/Economy
GST Council rejigs some rates, extends cess levy, petroleum still out (Roundup)
Lucknow, Sep 17 (IANS) The GST Council on Friday decided to provide relief on Covid-related items by extending the concessional rate of duty on medicines for it upto December 31, 2021, while taking no decision on bringing petroleum products under its ambit, saying it was not the right time yet.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy,Politics
Majority of Council opposed bringing petroleum products under GST: Sitharaman
Lucknow, Sep 17 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said that a majority of state governments opposed the inclusion of petroleum products under the GST.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy,Politics
Swiggy, Zomato to collect 5% GST on deliveries, food not to get dearer
Lucknow, Sep 17 (IANS) The GST Council on Friday approved a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy 5 per cent GST on supplies made by them.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy
GST Council extends relief of medicines, but petroleum still out of bounds
Lucknow, Sep 17 (IANS) In a slew of decisions, the GST Council on Friday decided to extend the applicability of concessional rates on Covid-19-related medicines but did not include petroleum products in its kitty.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy
Parties in commercial litigation should avoid filing mindless appeals, says SC
New Delhi, Sep 17 (IANS) The Supreme Court on Friday observed that parties engaged in commercial litigation must weigh the commercial interests and avoid filing mindless appeals.
2021-09-17
Category: India, Delhi,Business/Economy,Immigration/Law/Rights
GST Council extends levy of compensation cess till March 2026
Lucknow, Sep 17 (IANS) The GST Council has agreed to levy compensation cess for an extended period upto March 2026 to enable the Centre to repay the loans, including principal and interest taken, to compensate states for GST collection shortfall.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy
GST Council extends period for concessional rates on Covid medicines
Lucknow, Sep 17 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said that applicability of concessional GST rates on Covid-19-related medicines has been extended till December 31, 2021.
2021-09-17
Category: India, Uttar Pradesh,Business/Economy,Health/Medicine
Markets descend from record highs, profit bookings subdue sentiments (Roundup)
Mumbai, Sep 17 (IANS) India's key stock indices closed in the red on Friday as profit booking subdued sentiments after three consecutive sessions of rise.
2021-09-17
Category: India, Maharashtra,Business/Economy
NPS subscriber base crosses 4.5 cr by August 2021: PFRDA
New Delhi, Sep 17 (IANS) India's National Pension System (NPS) has reached a subscribers base of 4.53 crore by end-August 2021.
2021-09-17
Category: India, Delhi,Business/Economy
Telangana attracts Rs 887 crore investment in jute sector
Hyderabad, Sep 17 (IANS) Three companies have come forward to set up jute mills in Telangana with a cumulative investment of Rs 887 crore.
2021-09-17
Category: India, Andhra Pradesh,Business/Economy,Politics
India's forex reserves decline by over $1 bn
Mumbai, Sep 17 (IANS) India's foreign exchange reserves fell by $1.340 billion during the week ended September 10.
2021-09-17
Category: India, Maharashtra,Business/Economy
Aerostructures of Boeing's F-15EX Eagle II to be built in India
New Delhi, Sep 17 (IANS) Aerospace major Boeing has awarded a contract to India-based Dynamatic Technologies for manufacturing assemblies for its tactical fighter 'F-15EX Eagle II'.
2021-09-17
Category: India, Delhi,National,Business/Economy
NITI Aayog ties up with BYJU'S to provide free tech-driven learning in 112 dist
New Delhi, Sep 17 (IANS) NITI Aayog on Friday partnered with BYJU'S to provide school-going children in 112 districts across the country free access to the edtech company's learning programmes.
2021-09-17
Category: India, Delhi,Business/Economy,Education,Technology
Vodafone Idea would opt for equity conversion during moratorium
New Delhi, Sep 17 (IANS) Vodafone Idea would opt for the equity conversion for interest payout during moratorium period, resulting in sizable dilution and might restrict potential equity infusion from any financial/strategic investor, analysts said.
2021-09-17
Category: India, Delhi,Business/Economy
Ford India owes Rs 602 cr as deferred sales tax liability
Chennai, Sep 17 (IANS) The US automobile major Ford Motor Company that had announced the closure of manufacturing facilities in Tamil Nadu and in Gujarat owes about Rs 602.3 crore as deferred sales tax liability, as per a research report.
2021-09-17
Category: India, Tamil Nadu,Business/Economy
GST Council meet today: Covid relief, bringing oil and gas indirect tax regime on agenda
New Delhi, Sep 17 (IANS) The GST Council will meet in Lucknow on Friday to take decisions on issues related to duty revision that were put on the back burner in earlier meetings to focus on the Covid relief measures amid rising cases during the second wave of the pandemic.
2021-09-17
Category: India, Delhi,Business/Economy
Fuel prices maintain stability amidst volatility in global oil market
New Delhi, Sep 17 (IANS) Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the boil again rising sharply for past few days.
2021-09-17
Category: India, Delhi,Business/Economy
Expected Covid relief measures sustain equities' gains; Nifty, Sensex at record highs
Mumbai, Sep 17 (IANS) India's key stock indices rose during opening trade session on Friday to reach new intra-day record high levels.
2021-09-17
Category: India, Maharashtra,Business/Economy
PLI scheme to attract Rs 5K cr for drone manufacturing: Minister
New Delhi, Sep 16 (IANS) The Centre's PLI scheme for manufacturing of drone and its components is expected to drive in investments worth Rs 5,000 crore into the sector in the next three years, Civil Aviation Minister Jyotiraditya M. Scindia said on Thursday.
2021-09-16
Category: India, Delhi,Business/Economy
Aggregate demand gains firmer ground: RBI August Bulletin
New Delhi, Sep 16 (IANS) Prospects have brightened for India's economy as the impact of second Covid wave wane and aggregate demand gains firmer ground, the Reserve Bank of India (RBI) said in its monthly Bulletin for August 2021.
2021-09-16
Category: India, Delhi,Business/Economy
Over 59 companies apply to avail incentives under 'White Goods' component PLI
New Delhi, Sep 16 (IANS) The Centre on Thursday said that 52 companies have applied to avail PLI scheme to incentivise the domestic manufacturing of 'White Goods' components.
2021-09-16
Category: India, Delhi,Business/Economy
Moratorium under IBC applicable to corporate debtor, not its promoters: SC
New Delhi, Sep 16 (IANS) The Supreme Court on Thursday held the moratorium under provisions of the Insolvency and Bankruptcy Code (IBC), which restrains initiation of any fresh proceedings or discontinuance of existing ones, does not protect the promoters of the stressed company, but applies only to the corporate debtor.
2021-09-16
Category: India, Delhi,Business/Economy,Immigration/Law/Rights
SBI reduces home loan rate to 6.70%
Mumbai, Sep 16 (IANS) Lending major State Bank of India on Thursday launched credit score-linked home loans at 6.70 per cent, irrespective of the amount.
2021-09-16
Category: India, Maharashtra,Business/Economy
Boardroom brawl at ZEEL: Management stands behind directors against two largest shareholders
New Delhi, Sep 16 (IANS) The boardroom brawl at Zee Entertainment Enterprises Ltd (ZEEL) took an interesting turn on Thursday with the company's current board standing behind two of its former Directors Ashok Kurien and Manish Chokhani who resigned just days before a call was given by two of its largest shareholders for an extraordinary general meeting to fire some existing directors, including Chief Executive Officer Punit Goenka who is the son of Essel Group founder and chairman Subhash Chandra.
2021-09-16
Category: India, Delhi,Business/Economy,Media
Telangana aims to double IT exports in five years
Hyderabad, Sep 16 (IANS) The Telangana government on Thursday unveiled its information technology policy 2021-26, aimed at doubling the IT exports to over Rs 3 lakh crore in the next five years.
2021-09-16
Category: India, Andhra Pradesh,Business/Economy,Technology
India's domestic air passenger traffic rises in August
New Delhi, Sep 16 (IANS) Easing Covid travel restrictions along with pent-up demand and low base lifted India's domestic air passenger traffic in August.
2021-09-16
Category: India, Delhi,Business/Economy
PLI Push: Sensex crosses 59K-mark; Telecom stocks soar (Roundup)
Mumbai, Sep 16 (IANS) India's key stock indices rose to record high levels on Thursday, a day after the government announced support measures for some beleaguered sectors along with provisions for PLI schemes for others.
2021-09-16
Category: India, Maharashtra,Business/Economy
Govt approves Rs 30,600 cr sovereign guarantee to operationise bad bank
New Delhi, Sep 16 (IANS) The government has approved providing Rs 30,600 crore as state guarantee for the security receipts issued by the bad bank, National Asset Reconstruction Company Ltd (NARCL).
2021-09-16
Category: India, Delhi,Business/Economy
JAM trinity catapulted banking to a different level: Nirmala Sitharaman
Aurangabad (Maharashtra), Sep 16 (IANS) Union Finance Minister Nirmala Sitharaman on Thursday said that the 'JAM' (Jan Dhan-Aadhaar-Mobile) trinity has been a game changer for India, enabling them to take forward financial inclusion in a futuristic format.
2021-09-16
Category: India, Bihar,Business/Economy,Politics
Airtel challenge against DoT's demand of Rs 1,400 Cr
New Delhi, Sep 16 (IANS) The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) heard on Thursday Airtel's challenge against DoT's demand of approximately Rs 1,400 crore raised in terms of the AGR Judgement dated September 1, 2020 passed by the Supreme Court.
2021-09-16
Category: India, Delhi,Business/Economy
Telecom package could dent sector inflows by Rs 26K cr
New Delhi, Sep 16 (IANS) Government's telecom sector package could put pressure of country's fiscal health in FY22 with expectation of wider slippages on the deficit.
2021-09-16
Category: India, Delhi,Business/Economy
Inflation moderating from May's shock spike: RBI Dy Guv
Mumbai, Sep 16 (IANS) India's inflation level is moderating from the shock spike of May, said RBI's Deputy Governor Michael Debabrata Patra on Thursday.
2021-09-16
Category: India, Maharashtra,Business/Economy
Record highs: Sensex crosses 59k mark; Telecom stocks soar (Ld)
Mumbai, Sep 16 (IANS) India's key stock indices rose during mid-afternoon trade session on Thursday to reach new intra-day record high levels.
2021-09-16
Category: India, Maharashtra,Business/Economy
PFC issues India's first-ever Euro Green Bonds
New Delhi, Sep 16 (IANS) Power sector financier Power Finance Corporation Ltd has issued its maiden Euro 300 million 7 year Euro Bond issuance on September 13.
2021-09-16
Category: India, Delhi,Business/Economy
PLI schemes buoy equities; telecom stocks' rise
Mumbai, Sep 16 (IANS) India's key stock indices rose during afternoon trade session on Thursday a day after the government announced support measures for some beleaguered sectors along with provisions for PLI schemes for others.
2021-09-16
Category: India, Maharashtra,Business/Economy
Govt's PLI scheme to boost EV two-wheeler manufacturing
New Delhi, Sep 16 (IANS) Government's productivity linked incentive (PLI) scheme for auto and auto component industry will benefit the electric vehicle (EV) segment immensely, especially the two-wheelers, which can see rapid adoption over the coming years providing incumbents an opportunity to step up their game.
2021-09-16
Category: India, Delhi,Business/Economy
Hindustan Copper OFS opens for non-retail investors
New Delhi, Sep 16 (IANS) The offer for sale of government equity in Hindustan Copper opened on Thursday amid hype of a good response from investors.
2021-09-16
Category: India, Delhi,Business/Economy
Govt seeks Rs 8-10 lakh crore valuation for LIC
New Delhi, Sep 16 (IANS) India is seeking a valuation of between Rs 8 trillion ($109 billion) and Rs 10 trillion for the state-backed Life Insurance Corporation in what's slated to be the nation's biggest initial public offering, Bloomberg reported.
2021-09-16
Category: India, Delhi,Business/Economy
Ola Electric sells scooters worth Rs 600cr in a day
New Delhi, Sep 16 (IANS) Ola Electric on Thursday announced that it has sold e-scooters worth 600 core in a day, since Wednesday when the purchase window was opened.
2021-09-16
Category: India, Delhi,Business/Economy
OMCs hold petrol, diesel price revision even as global crude rates rise
New Delhi, Sep 16 (IANS) Auto fuel prices in the country have maintained stability amid volatility in global oil prices with crude on the boil again, rising sharply for the past few days.
2021-09-16
Category: India, Delhi,Business/Economy
UNCTAD projects fastest global economy growth in 50 years
Geneva, Sep 16 (IANS) The global economy is expected to bounce back this year with a growth of 5.3 per cent, the fastest in nearly five decades, the UN Conference on Trade and Development (UNCTAD) said.
2021-09-16
Category: International, United Arab Emirates,Business/Economy,Politics
GST Council meeting in Lucknow on Friday
Lucknow, Sep 16 (IANS) Union Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday.
2021-09-16
Category: India, Uttar Pradesh,National,Business/Economy