Dealers Care: September 2022

Saturday, 10 September 2022

Pvt players will benefit: Workers federation leader slams electricity bill

जेके भैया September 10, 2022 0 Comments

The Electricity Amendment Bill 2022 tabled in Parliament in August will benefit private players and hurt common citizens, a senior functiona...

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IRDAI to mandate dematerialisation of new insurance policies by year end

जेके भैया September 10, 2022 0 Comments

The Insurance Regulatory and Development Authority of India (IRDAI) has mandated the dematerialisation of new insurance policies by December...

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Firstpost Business Latest News

United States International DFC to invest Rs 299 crore in Indian businesses

जेके भैया September 10, 2022 0 Comments

The US International Development Finance Corporation (DFC) recently announced that the institution will support key sectors in India by inve...

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Firstpost Business Latest News

Job alert! Myntra to hire 16,000 workers for delivery, warehouse handling and Logistics

जेके भैया September 10, 2022 0 Comments

Myntra is here with its biggest hiring, in any festive season, so far. The online fashion arm of Flipkart is creating over 16,000 jobs for r...

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Firstpost Business Latest News

How FMCG brands leveraging data for targeting in a cookie-less world

जेके भैया September 10, 2022 0 Comments

Data has always been used to run well-oiled marketing campaigns. The shift towards online shopping, e-commerce and social media instantly ge...

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News

India opts out of joining IPEF trade pillar, to wait for final contours

जेके भैया September 10, 2022 0 Comments

India to wait for final contours before formally associating with IPEF trade pillar, says Goyal from News https://ift.tt/0EWlYSf

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Friday, 9 September 2022

News

Rajasthan govt set to launch job guarantee scheme for the urban poor

जेके भैया September 09, 2022 0 Comments

If a similar scheme were to be launched at the national level, several existing ones might have to be merged to provide fiscal room for it ...

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News

India's retail inflation likely rose in Aug, ending 3-month downtrend: Poll

जेके भैया September 09, 2022 0 Comments

Food inflation, which accounts for nearly half the consumer price index (CPI) basket, is expected to have soared as prices of essential crop...

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Thursday, 8 September 2022

News

After duty hike on some varieties, Centre bans broken rice exports

जेके भैया September 08, 2022 0 Comments

India exported around 1.8 MT broken rice between April-June from News https://ift.tt/SzQgCso

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News

India's rice export rates hit one-year peak on high demand from Bangladesh

जेके भैया September 08, 2022 0 Comments

Prices of rice exported from India held firm near their highest level in more than a year this week as demand from neighbouring Bangladesh r...

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Firstpost Business Latest News

What is design thinking and why is it important to decode how users think

जेके भैया September 08, 2022 0 Comments

Design thinking essentially helps a creative streamline their thought process and create a system that they can work with. It’s an extremely...

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News

India restricts rice exports to increase domestic supplies, ease prices

जेके भैया September 08, 2022 0 Comments

India exports rice to more than 150 countries, and any reduction in its shipments would increase upward pressure on food prices from News ...

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Firstpost Business Latest News

Digital lending in the education sector: How financial barriers are fading

जेके भैया September 08, 2022 0 Comments

In a country of nearly 1.3 billion people with a significant young population, financial barriers mustn’t affect the hope of pursuing higher...

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Firstpost Business Latest News

LIC announces New Pension Plus plan; all you need to know about term, premium and more

जेके भैया September 08, 2022 0 Comments

The Life Insurance Corporation of India (LIC) has introduced its ‘New Pension Plus’ plan. The plan, which went into effect from 5 September,...

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News

India's online festive sales to register 28% increase to hit $11.8 bn

जेके भैया September 08, 2022 0 Comments

The festive month is generally defined as a period starting from the first sales event and lasting roughly till Diwali week from News http...

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Wednesday, 7 September 2022

News

Why 'Make in India' in defence may be leaving India vulnerable to threats

जेके भैया September 07, 2022 0 Comments

India's air force, army, and navy can no longer import some critical weapons systems to replace aging ones, the officials said from Ne...

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Firstpost Business Latest News

Innovation in the business of investing in India: An overview

जेके भैया September 07, 2022 0 Comments

Back in the day, it was common for our parents to rely on banking executives or a financial advisor, you know that family friend either an u...

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News

GST wing of CBIC conducts tax inspections against insurance companies

जेके भैया September 07, 2022 0 Comments

A government source said the tax searches were about cases where the insurance companies had taken input tax credit in excess of what they a...

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News

Former RBI Guv suggests 10-year road map for privatisation of all PSBs

जेके भैया September 07, 2022 0 Comments

Former RBI governor D Subbarao has suggested that the government should come up with a 10-year road map for privatisation of all Public Sect...

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News

Mizoram to soon notify rules for processing local grapes for wine making

जेके भैया September 07, 2022 0 Comments

The Mizoram government will soon notify rules for processing locally grown grapes to make wine in the state, a minister said. The state coun...

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News

India aspiring to take international trade to $2 trn by 2030: Piyush Goyal

जेके भैया September 07, 2022 0 Comments

India's goods and services exports have already crossed USD 675 billion in last fiscal year and the country is now aspiring to take inte...

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Tuesday, 6 September 2022

News

US, EU demand slowdown, global uncertainties impacting India's exports

जेके भैया September 06, 2022 0 Comments

Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jew...

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News

FSSAI suspends 16 licences for non-compliance with calorie count order

जेके भैया September 06, 2022 0 Comments

The FSSAI has suspended the licenses of 16 food business operators for not complying with the regulator's latest norms from News https...

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News

India inflation rate likely rose to 6.9% in August, says Deutsche Bank

जेके भैया September 06, 2022 0 Comments

The risks to food inflation persist with negative seasonality kicking in for the September-November period, the bank said from News https:...

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News

Private players dominate external debt growth amid economic recovery

जेके भैया September 06, 2022 0 Comments

External borrowings up 8.2% overall in FY22; private debt accounts for 60%, against 29% a year ago from News https://ift.tt/8Br5Eo3

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News

Stuck payment, discount: China puts Indian hair exporters in tough position

जेके भैया September 06, 2022 0 Comments

Chinese buyers, who account for 80 per cent of Indian hair exports, are asking exporters to ship hair at a discount of 40 per cent from Ne...

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Monday, 5 September 2022

News

Indian pharma industry eyes South American market, seeks greater access

जेके भैया September 05, 2022 0 Comments

As Global pharma majors are exiting South America post Covid, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) is looking ...

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Firstpost Business Latest News

Should you bank with the so-called neobanks?

जेके भैया September 05, 2022 0 Comments

Recent years have seen a rise in the popularity of neobanks. In a country where fintech is growing rapidly, Neobank stands out as a key play...

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News

Govt won't sponsor roads sector InvITs; plans to bring retail investment

जेके भैया September 05, 2022 0 Comments

InvITs are collective investment vehicles that allow direct investments from individual and institutional investors in infrastructure projec...

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News

FSSAI sends notices to eateries for not complying with calorie count order

जेके भैया September 05, 2022 0 Comments

The last date for restaurants to comply with these norms was January 1, 2022, but it was later extended to July 1 from News https://ift.tt...

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News

Public sector banks to open 316 branches in financial inclusion drive

जेके भैया September 05, 2022 0 Comments

Brick and mortar branches to be opened by December 2022; progress was shared in PSB review from News https://ift.tt/jVGyHuN

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News

Indian railways earn Rs 844 cr in 3 months from e-auction of assets

जेके भैया September 05, 2022 0 Comments

The railways has earned Rs 844 crore in the last three months, since it brought its commercial earning and non-fare revenue contracts online...

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News

UP govt to formulate township policy before global investor summit

जेके भैया September 05, 2022 0 Comments

The proposed policy is likely to be ready by month-end to ensure its implementation before the mega UP global investor summit in January 202...

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Firstpost Business Latest News

Jakson Group eyeing green hydrogen projects in India, West Asia and North Africa

जेके भैया September 05, 2022 0 Comments

Jakson Group is planning to build green hydrogen projects in India, North Africa and West Asia. The projects will be driven by Jakson Green ...

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News

PMI services expands to 57.2 in Aug on better demand, easing cost pressures

जेके भैया September 05, 2022 0 Comments

Driven by strong growth in services and manufacturing activity, Asia's third-largest economy expanded at its fastest annual pace in a ye...

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Sunday, 4 September 2022

News

EPFO calls for increasing retirement age to ease pressure on pension funds

जेके भैया September 04, 2022 0 Comments

The EPFO has almost 60 million subscribers and it has a cumulative pension and provident fund corpus of more than Rs 12 trillion from News...

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News

Revving exports to US keeps India in race to be next China amid Covid curbs

जेके भैया September 04, 2022 0 Comments

Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago p...

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News

Railways' freight revenue up 19% in Aug, earns Rs 66,658 cr during FY23

जेके भैया September 04, 2022 0 Comments

Coal freight revenue rose 42 per cent despite rains, floods during August from News https://ift.tt/sARfCLw

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News

India's external debt of $620-bn is 'sustainable': Finance Ministry report

जेके भैया September 04, 2022 0 Comments

India's external debt of $620.7 billion, as at end of March 2022, is sustainable and is being managed in a prudent manner, the Departmen...

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News

PSU banks to open about 300 branches in unbanked areas by Dec 2022: Report

जेके भैया September 04, 2022 0 Comments

As part of the financial inclusion drive, public sector banks will open about 300 brick-and-mortar branches in the unbanked areas of various...

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News

Indore to soon start working 24X7 to facilitate IT, BPO sectors, start-ups

जेके भैया September 04, 2022 0 Comments

The Indore district administration in Madhya Pradesh is all set to open round-the-clock working activities in areas around the Bus Rapid Tra...

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News

Q1 GDP growth below expectation, cause for concern: Ex-RBI guv Subbarao

जेके भैया September 04, 2022 0 Comments

India's GDP growth of 13.5 per cent in the April-June quarter of 2022-23 has turned out be a cause for 'disappointment and concern...

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News

China missing among nations driving India's foreign fund inflows

जेके भैया September 04, 2022 0 Comments

Foreign direct investment (FDI) into India stood at $58.8 billion in 2021-22 with Singapore and the US being the top two major contributors ...

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Saturday, 3 September 2022

Firstpost Business Latest News

Exports remain flat in August; trade deficit more than doubled to 28.68 billion: Commerce Ministry

जेके भैया September 03, 2022 0 Comments

New Delhi: India’s exports contracted by 1.15 per cent to USD 33 billion and trade deficit more than doubled to 28.68 billion in August, a ...

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News

Exports remain flat at $33 bn in August; trade deficit widens to $28.68 bn

जेके भैया September 03, 2022 0 Comments

India's exports contracted by 1.15 per cent to USD 33 billion and trade deficit more than doubled to 28.68 billion in August, a prelimin...

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News

India is likely to become third largest economy by 2029: SBI report

जेके भैया September 03, 2022 0 Comments

As per the SBI report, India had surpassed the UK as the fifth largest economy as early as December 2021 itself from News https://ift.tt/O...

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Friday, 2 September 2022

News

Paddy sowing over in 97% normal area till Sept 2, cloud over final output

जेके भैया September 02, 2022 0 Comments

For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year from News https://ift.tt...

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Firstpost Business Latest News

What is Active Pharmaceutical Ingredient and why is it essential for drug manufacturing?

जेके भैया September 02, 2022 0 Comments

Active Pharmaceutical Ingredients or APIs are essential to the pharma industry. According to pharmaceutical company Biocon, an API means “th...

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Firstpost Business Latest News

Virescent to acquire 100 MW solar power portfolio from Jakson Group; details here

जेके भैया September 02, 2022 0 Comments

Virescent Infrastructure, which manages the Virescent Renewable Energy Trust (VRET), is all set to acquire about 100 MW of solar power portf...

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Firstpost Business Latest News

Moody's, Citigroup and more: Global agencies that have trimmed India's growth forecast for 2022

जेके भैया September 02, 2022 0 Comments

Several banks and financial institutions have cut their economic growth estimates for India for the current fiscal year (FY23) a day after t...

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News

Shaktikanta Das seeks to shield growth as RBI prioritises inflation fight

जेके भैया September 02, 2022 0 Comments

"We are seeing signs of slowdown globally and it will have an impact on India," Das said in an interview with television channel Z...

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Firstpost Business Latest News

Laxman Narasimhan announced as next Starbucks CEO; all you need to know about him

जेके भैया September 02, 2022 0 Comments

Starbucks has announced Indian-origin Laxman Narasimhan has its next chief executive officer (CEO). Laxman Narasimhan will join the American...

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Thursday, 1 September 2022

News

Direct tax collections may exceed budget targets, CBDT chief says

जेके भैया September 01, 2022 0 Comments

Gupta added that if the trend continues, direct tax collections for FY23 could exceed the budget target of Rs 14.20 trillion from News htt...

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News

Govt plans to revamp crop cover scheme PMFBY to woo more insurers

जेके भैया September 01, 2022 0 Comments

Amid reports of some insurance companies making profits in the government's flagship crop cover scheme PMFBY, the Centre is planning to ...

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News

India's power consumption grows by 2% to 130.35 bn units in August

जेके भैया September 01, 2022 0 Comments

India's power consumption grew marginally by nearly 2 per cent year-on-year to 130.35 billion units (BU) in August 2022, according to th...

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News

RBI may slow pace of rate hikes over growth concerns: Deutsche Bank

जेके भैया September 01, 2022 0 Comments

Das added that the central bank may consider 35 bps rate hike, should the U.S. Federal Reserve deliver a 75 bps rate hike on Sep. 21 from ...

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