BUSINESS
GST Council Meeting: From states' compensation to rate cuts, here are key announcements by FM
Here is a lowdown on the rate cuts proposed and cleared by the Council, including clarification on GST Appellate Tribunal formation.
BUSINESS
Drone maker ideaForge of '3 Idiots' fame files for IPO
Backed by Qualcomm and Infosys, the drone maker was founded by IIT Bombay alumni and co-established by former Blackstone executive Mathew Cyriac. ideaForge is backed by the likes of Qualcomm, Infosys and Florintree Capital Partners
INDIA
Padma Awards 2023: Kumar Mangalam Birla, Rakesh Jhunjhunwala honoured from trade and industry
Philanthropist and Infosys Foundation head Sudha Murty, Rasna Group founder Areez Khambatta also among winners
BUSINESS
MC Exclusive | JSPL in talks to buy strategic stake in Steel Exchange India
JSPL, which aims to raise its installed capacity more than fivefold to 50 million tonnes per annum from 2030, has been open for inorganic growth
BUSINESS
World Economic Forum Davos 2023 | WEF's mission, milestones in its 50-year history
Davos 2023: The WEF event takes place against an unprecedented backdrop of Covid-19 pandemic triggers, the war in Ukraine, stalled economic growth in the world's largest economies, headwinds from rising food and energy prices, and a climate crisis.
AUTOMOBILE
Auto Expo 2023 | India can become exporter of Green Hydrogen with industry innovation: Nitin Gadkari
Auto Expo 2023: Speaking at the inaugural event, Gadkari expressed the government's appreciation for the automobile industry for "thinking seriously about alternative fuel."
BUSINESS
Ignoring nations' debt risks can trigger global recession, warns FM Nirmala Sitharaman
Speaking at the Voice of Global South Summit, the finance minister said strengthening multilateral development banks is key to addressing the global challenges of the 21st century
BUSINESS
Key economic events this week: Inflation data, India Q3 earnings, US banks’ Q4 results and more
Here are the key economic events in India and from around the world to get you started for next week.
AUTOMOBILE
With 4.25 million new vehicles sold, India outpaces Japan as world's third-largest auto market
India's sales of new vehicles came in at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan, according to a report by Nikkei Asia
BUSINESS
Inox Wind sells entire investment in 3 wind energy SPVs to Adani Green
Each of these SPVs had commissioned 50 MW each, out of the total 250 MW which Inox Wind won under the Tranche 1 of Solar Energy Corporation of India Limited’s (SECI -1) bids for wind power projects at Dayapar in Gujarat
INDIA
Thermal power plants must ensure 5% biomass co-firing, failing may attract penalty: Power Minister
The meeting took place amid the onset of Kharif harvesting in the country.
BUSINESS
#HowTo | How to prepare for a flexible, gig-oriented, self-aware workforce that thrives on moonlighting
Highly specialised workers in select industries are now looking to take their skillsets anywhere. Firms are willing to be more flexible in order to attract exceptional talent in areas of high demand
INDIA
Finance Ministry opposed free food scheme extension, warned Consumer Affairs Ministry of its adverse impact
Sources have also revealed that the ministry is concerned about the continuation of the scheme for long period of time may give the impression of indefinite benefit.
BUSINESS
GST Intelligence issues biggest-ever show cause notice to Bengaluru-based online gaming company
Gameskraft Technology has also been accused of promoting online betting through card, casual and fantasy games like Rummy Culture, Gamezy, Rummy Time etc, according to CNN News 18 report.
BUSINESS
Key events next week: RBI policy, US and UK Q2 final GDP, China Manufacturing PMI and more
Here are the key events from India and around the world to get you started for next week
