The March quarter witnessed a slowdown in online consumption across segments such as electronics, wearables and beauty products, as flagged by multiple listed companies and industry trackers. For the fourth quarter, logistics firm Delhivery said its express parcel shipments, a proxy for ecommerce delivery volumes, declined 13% sequentially to 176 million. Cofounder and chief executive […]
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The income tax department has notified the cost inflation index (CII) for FY25, relevant to assessment year 2025-26, at 363, which is higher than 348 for FY24, and 331 for FY23. The CII is a tool used to measure inflation for computing long-term capital gains on the sale of assets, including immovable property, securities and […]
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Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India & Federation of Indian SME Associations had met Mr. Rajesh Kumar Singh IAS, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India and Chairman, National Industrial Corridor Development Corporation Limited (NICDC) to present suggestions and Grievances […]
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Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India & SME Export Promotion Council addressing at GTR Mumbai 2024 on 22nd May 2024 at Mumbai on How financiers might adapt credit services to meet the widening spectre of global trade-based risk for Indian companies. Other panelists (L to R) Mr. G Chandrashekhar, Independent Director […]
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Audi has introduced the Q7 Bold Edition in India, with a price tag of Rs 97.84 lakh (ex-showroom). Following the recent launch of the Q3 Bold Edition, the limited run Q7 variant is now available in four additional exterior colors: Glacier White, Mythos Black, Navarra Blue, and Samurai Grey. The Audi Q7 Bold Edition features […]
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The commerce ministry has prepared a draft comprehensive strategy for negotiating future Free Trade Agreements (FTAs) and it will be circulated to certain key departments soon to get their feedback, an official said. The draft strategy in the form of a Standard Operating Procedure (SOP) was recently discussed in a meeting involving former commerce secretaries, […]
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India’s digital economy is growing at 2.8% per annum and is expected to reach $1 trillion by 2027-28. The IT Minister said that the value of the India AI mission will be doubled to Rs 20,000 crore from Rs 10,000 crore. The Government earlier expected India to reach the $1 trillion-mark by 2026-27 but the target has been […]
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India has signed a historic agreement with Iran to develop the Chabahar Port. Under this agreement, India will invest $120 million in the development and operation of the Shahid Beheshti Terminal at Chabahar Port, along with $250 million to be sourced through debt financing. On May 13, India and Iran signed this agreement through India […]
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Almost every plant we eat has a flower and flowering plants populate every corner of the planet. After a heroic DNA sequencing effort, a collaboration involving hundreds of scientists have created a new family tree for flowering plants, comparing gene sequences from more than 9,500 species. The data suggests that more than 80 percent of […]
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A credit card is a system in which every month, the purchases you make within a certain time frame are added up and then you are billed. To make everything run smoothly, you need to pay that bill before a specific date called the due date. This keeps your credit in good standing and helps […]
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