Category: Latest News
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ONGC Videsh sells Russian Oil to Indian Refiners at Bargain
ONGC Videsh Ltd failed to attract bidders for its Russia Oil due to sanctions, sold one cargo of Russian Sokol oil to Hindustan Petroleum Corp and Bharat Petroleum as per a report. After several corporations and nations rejected purchases from Moscow owing to sanctions against Russia for its invasion of Ukraine, Indian companies are purchasing…
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Crypto Transactions may attract GST for Indian and foreign Exchanges
The Government of India is contemplating levying Goods and Services Tax (GST) on Crypto Exchanges in India on the procurement of Crypto assets from those outside the country. As per the report, the tax department is currently scrutinising how exchanges that allow trading in India manage their cryptocurrency float and whether there is any element…
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Export Preparedness Index 2021: Gujarat leads again
Gujarat has retained its top position in Niti Aayog’s Export Preparedness Index 2021. According to the report, states with significant coastlines, such as Maharashtra, Karnataka, Tamil Nadu, as well as the Northern state of Haryana, were among the top five states in the index. While among union territories, Delhi topped the index, followed by Goa,…
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India’s mobile phone exports to cross the Rs 43,500 Cr mark: ICEA
Despite the economic effect of the Covid-19 pandemic, such as lockdowns, loss of labour, supply chain crisis, India’s mobile phone exports are expected to cross the Rs 43,500 crore mark in the current financial year. According to the India Cellular and Electronics Association (ICEA), mobile phone exports have increased up to 75 per cent from…
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Top Crypto bourses to stay away from IPL
Pandemic that started before Indian Premier League 2020 season, bought several challenges. The impact of Covid19 wasn’t limited to life, but it also affected economy, businesses of different sector and sports industry too. As lockdown was imposed and number of Covid cases were increasing in mid-2020, the IPL was postponed later in the year. By…
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Gautam Adani’s philanthropy: A big leap towards nation building
Philanthropy, no matter what religion or tribe one belongs to, is ingrained in Indian culture since the beginning of the Indus Valley civilization. There have been extraordinary instances of charity in Indian history that not only reiterated humanity at the most demanding times but also became a landmark of our society’s progress. The news of…