👍Cabinet approves Rs 75,000 crore rooftop solar scheme for 10 mn households

https://www.business-standard.com/india-news/cabinet-approves-rs-75-000-crore-solar-rooftop-scheme-for-10-mn-households-124022900801_1.html Clipped from: https://www.business-standard.com/india-news/cabinet-approves-rs-75-000-crore-solar-rooftop-scheme-for-10-mn-households-124022900801_1.html It will provide free electricity of up to 300 units every month to 10 mnhouseholds The Union Cabinet on Thursday approved a

Meity issues advisory, asks cos to take permit before launching AI products | India News – Business Standard

https://www.business-standard.com/india-news/meity-asks-intermediaries-ai-platforms-to-follow-it-rules-issues-advisory-124030200492_1.html Clipped from: https://www.business-standard.com/india-news/meity-asks-intermediaries-ai-platforms-to-follow-it-rules-issues-advisory-124030200492_1.html The ministry has also asked platforms to ensure that the biases arising out of their AI models or platforms do not hamper

Google offers compromise solution to restore delisted Indian apps

https://www.business-standard.com/technology/tech-news/google-offers-compromise-solution-to-restore-delisted-indian-apps-124030200794_1.html Clipped from: https://www.business-standard.com/technology/tech-news/google-offers-compromise-solution-to-restore-delisted-indian-apps-124030200794_1.html Play Store to host apps for free without using Google’s payment system The move comes after Google said yesterday that they will

Semi-urban, rural regions comprise 46% MSME loan originations in Q2 FY24 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/semi-urban-rural-regions-comprise-46-msme-loan-originations-in-q2-fy24/article67896929.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/semi-urban-rural-regions-comprise-46-msme-loan-originations-in-q2-fy24/article67896929.ece “One of the key factors contributing to this expansion is the improvement in credit profiles of MSMEs” as per the quarterly MSME

Riding the wave: Manufacturing sector to ignite M&A boom in India in 2024, says Deloitte – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/riding-the-wave-manufacturing-sector-to-ignite-ma-boom-in-india-in-2024-says-deloitte/article67892688.ece Clipped from: https://www.thehindubusinessline.com/economy/riding-the-wave-manufacturing-sector-to-ignite-ma-boom-in-india-in-2024-says-deloitte/article67892688.ece Deloitte’s latest report forecasts India’s deal market stability amidst surging manufacturing investments The momentum of mergers and acquisitions (M&A) in India is

India wants ‘re-examination’ of need to extend e-commerce moratorium at WTO MC13 – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/india-wants-re-examination-of-need-to-extend-e-commerce-moratorium-at-wto-mc13/article67900314.ece Clipped from: https://www.thehindubusinessline.com/economy/india-wants-re-examination-of-need-to-extend-e-commerce-moratorium-at-wto-mc13/article67900314.ece Developing countries have to focus on improving domestic physical, digital infrastructure India stressed on the need for “re-examination’’ of the implications of

Less than 3% of India’s population now living under extreme poverty: World Poverty Clock – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/less-than-3-of-indias-population-now-living-under-extreme-poverty-world-poverty-clock/article67907056.ece Clipped from: https://www.thehindubusinessline.com/economy/less-than-3-of-indias-population-now-living-under-extreme-poverty-world-poverty-clock/article67907056.ece Nearly 3.44 crore people are living in extreme population in 2024 against 4.69 crore in 2022 India has managed to bring down

Tax Query: Tax Liabilities on Sale of Shares – The Hindu BusinessLine

https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-liabilities-on-sale-of-shares/article67902749.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-liabilities-on-sale-of-shares/article67902749.ece Given that the sale price is lower than the cost of acquisition, the resulting long term capital loss can be adjusted against

Sam Altman is worth $2 billion—not including his OpenAI stake – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/sam-altman-is-worth-2-billionnot-including-his-openai-stake/article67906870.ece Clipped from: https://www.thehindubusinessline.com/news/sam-altman-is-worth-2-billionnot-including-his-openai-stake/article67906870.ece The 38-year-old is worth at least $2 billion, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first

Why IndusInd Bank is a Good Buy – The Hindu BusinessLine

https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-indusind-bank-is-a-good-buy/article67906843.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-indusind-bank-is-a-good-buy/article67906843.ece With fresh levers of growth in place, scope for rerating appears promising  The private sector banking space is going through interesting times.

Three out of five large economies recorded slow growth, shows data | Economy & Policy Analysis – Business Standard

https://www.business-standard.com/economy/analysis/three-out-of-five-large-economies-recorded-slow-growth-shows-data-124022900682_1.html Clipped from: https://www.business-standard.com/economy/analysis/three-out-of-five-large-economies-recorded-slow-growth-shows-data-124022900682_1.html Some larger economies are doing better than others. The United States (US) and China in particular have shown a stronger growth rate

Decoding GDP numbers: Consumption sluggish, govt capex powers

https://www.business-standard.com/economy/news/consumption-demand-remains-sluggish-govt-capex-powers-investment-growth-124022901276_1.html Clipped from: https://www.business-standard.com/economy/news/consumption-demand-remains-sluggish-govt-capex-powers-investment-growth-124022901276_1.html According to the latest gross domestic product (GDP) data released by the National Statistical Office on Thursday, private final consumption expenditure (PFCE)

Indian economy ticks many boxes in the right way, says CEA Nageswaran | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/pvt-capital-formation-is-a-story-unfolding-as-we-speak-cea-nageswaran-124022901262_1.html Clipped from: https://www.business-standard.com/economy/news/pvt-capital-formation-is-a-story-unfolding-as-we-speak-cea-nageswaran-124022901262_1.html He urges global rating agencies to reassess their estimates of India’s potential growth rate to 7 per cent Chief Economic Advisor V

Bring all departments on e-bill platform, Finance Secretary tells pay and accounts officers – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/bring-all-departments-on-e-bill-platform-finance-secretary-tells-pay-and-accounts-officers/article67903650.ece Clipped from: https://www.thehindubusinessline.com/economy/bring-all-departments-on-e-bill-platform-finance-secretary-tells-pay-and-accounts-officers/article67903650.ece Finance Minister Sitharaman lauds Public Financial Management System Finance Minister Nirmala Sitharaman on Friday said that direct benefit transfer (DBT) through the

India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/indias-fy24-gdp-growth-could-be-within-striking-distance-of-8-sbi-ecowrap/article67902823.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-fy24-gdp-growth-could-be-within-striking-distance-of-8-sbi-ecowrap/article67902823.ece India could comfortably grow at 8 per cent in FY25 India’s FY24 GDP growth could be within striking distance of 8 per cent even as

GenAI enhances customer experience at Walmart stores – The Hindu BusinessLine

https://www.thehindubusinessline.com/info-tech/genai-enhances-customer-experience-at-walmart-stores/article67903398.ece Clipped from: https://www.thehindubusinessline.com/info-tech/genai-enhances-customer-experience-at-walmart-stores/article67903398.ece Engineers at Walmart Global Tech’s centres in Chennai and Bengaluru in conjunction with the company’s other global technology centres have worked on

GST mop-up surges 12.5% to ₹1.68-lakh crore on better consumption, compliance – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/gst-mop-up-surges-125-to-168-lakh-crore-on-better-consumption-compliance/article67903906.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-mop-up-surges-125-to-168-lakh-crore-on-better-consumption-compliance/article67903906.ece All major States have shown an impressive increase in GST collections Better consumption, improved compliance and good collection in majority of States

Latest GDP numbers need to be read carefully – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/latest-gdp-numbers-need-to-be-read-carefully/article67903416.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/latest-gdp-numbers-need-to-be-read-carefully/article67903416.ece Third quarter GDP has received a significant helping hand from a 32 per cent jump in net indirect taxes overlaying moderate gross

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