Clipped from: https://www.thehindubusinessline.com/economy/cii-bats-for-personal-income-tax-rate-tweaks-excise-duty-cuts-on-fuels-to-boost-consumption/article69040147.ece Also suggests handing out of consumption vouchers to stimulate demand among low-income households The Confederation of Indian Industry (CII) has urged the government
Category: Industry
👍👍👍Indian paint sector faces margin squeeze amid rise in competition: Report | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/indian-paint-sector-faces-margin-squeeze-amid-rise-in-competition-report-124122700965_1.html While the volume growth remained high at over 10 per cent, the revenue moderation can be attributed to price cuts undertaken by the
👍IT Industry sees slow recovery amid global uncertainties: Nasscom – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/it-industry-sees-slow-recovery-amid-global-uncertainties-nasscom/article69029293.ece Sangeeta Gupta, Senior Vice-President and Chief Strategy Officer of Nasscom, says the IT industry is on the path to recovery and growth. In an
👍IT industry treads with a sense of cautious optimism – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/it-industry-treads-with-a-sense-of-cautious-optimism/article69029304.ece Amid gloom caused by global economic headwinds and geopolitical challenges, the Indian IT industry managed to weather one of the toughest years in recent
1-IT industry treads with a sense of cautious optimism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-industry-treads-with-a-sense-of-cautious-optimism/article69029304.ece Amid gloom caused by global economic headwinds and geopolitical challenges, the Indian IT industry managed to weather one of the toughest years in
👍Rupee depreciation to impact India Inc profits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/rupee-depreciation-to-impact-india-inc-profits/article69026496.ece The rupee continued to decline for the second straight session, falling 9 paise to settle at a fresh all-time low of 85.20 against
India to be global hub for renewable energy in next 30 years: US Ambassador | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/india-to-be-global-hub-for-renewable-energy-in-next-30-years-us-ambassador-124121600942_1.html The outgoing ambassador was speaking at the South Asia Women in Energy leadership summit hosted by the US-India Strategic Partnership Forum (USISPF) The
👌Time for India Inc to join the capex party and invest more, says Birla | Investment – Business Standard
Clipped from: https://www.business-standard.com/finance/investment/time-for-india-inc-to-join-the-capex-party-and-invest-more-says-birla-124121301201_1.html The government has increased its capital expenditure five-fold in the last decade, Birla said while speaking at a Bombay Chamber of Commerce and
Year-end inventory likely to rise as PV dispatches grow amid falling retail | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/year-end-inventory-likely-to-rise-as-pv-dispatches-grow-amid-falling-retail-124121300924_1.html According to data from the Society of Indian Automobile Manufacturers (Siam), 347,522 PV units were dispatched by original equipment manufacturers (OEMs) in November
👌👌👌Demand-supply mismatch: Affordable housing shortage must be addressed | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/demand-supply-mismatch-affordable-housing-shortage-must-be-addressed-124121201359_1.html A Knight Frank study shows that India will face an affordable housing shortage of 31.2 million units by 2030. There is already an
Capacity utilisation of steel companies to hit 4-year low at 78%: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/capacity-utilisation-of-steel-companies-to-hit-4-year-low-at-78-icra/article68976906.ece The development may delay the proposed investment of $50 billion for additional capacity of 90-95 million tonne per annum, unless earnings of domestic
Salary, wage expenses growing faster than revenues for India Inc | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/salary-wage-expenses-growing-faster-than-revenues-for-india-inc-124120901157_1.html The analysis is based on a common sample of 667 companies from BSE 500, BSE Mid Cap and BSE Small Cap Index excluding
Car sales drop by 14% in November, two-wheelers see 16% jump: Fada | Auto – Business Standard
lipped from: https://www.business-standard.com/industry/auto/car-sales-drop-by-14-in-november-2-wheelers-see-16-jump-fada-124120900194_1.html Tractor sales, however, saw an impressive 29.88 per cent Y-o-Y jump, suggesting good rural demand V sales dipped by 14 per cent in
Corporation tax paid by listed companies at 4-year low in Q2 FY25
Clipped from: https://www.business-standard.com/economy/news/corporation-tax-paid-by-listed-companies-at-4-year-low-in-q2-fy25-124120201053_1.html Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and
Top Indian cities report about 1 million unsold housing units: Study | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/top-indian-cities-report-about-1-million-unsold-housing-units-study-124120200871_1.html Photo: Shutterstock Listen to This Article The top eight Indian cities have reported high inventory levels, with about 1 million unsold housing units
Hotels are seeing a growth on a month-on-month basis and expect a full recovery in the segment by next March-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/hotel-chains-see-surge-in-foreign-guests-expect-full-recovery-by-march-end/article68914653.ece Hotel chains are witnessing an increase in the number of foreign tourists, with a steady rise in inbound tourism. While foreign tourist arrivals
India’s 26 major realty firms sell Rs 35,000 cr worth properties in Q2 | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/india-s-26-major-realty-firms-sell-rs-35-000-cr-worth-properties-in-q2-124112400353_1.html India’s 26 major listed real estate firms have sold properties worth nearly Rs 35,000 crore during the September quarter with Godrej Properties reporting
Sew it up – The Hindu BusinessLine [ Garment Industry-Exports ]
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sew-it-up/article68894385.ece Structural issues hold up textiles, garment exports Of late, there has been some discussion over whether India’s garment exporters can grab a slice
Paint companies’ shares down up to 54% from 52-week highs; here’s what to expect post tepid Q2 results – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/paint-companies-shares-down-up-to-54-from-52-week-highs-heres-what-to-expect-post-tepid-q2-results-454386-2024-11-20 Analysts highlight increased competition as a reason, say growth drivers in place in the long term Shares of paint companies have witnessed a
India’s tablet, PC market grows 46% in Jul-Sep, iPad leads with 34% share | News – Business Standard
https://www.business-standard.com/industry/news/india-s-tablet-pc-market-grows-46-in-jul-sep-ipad-leads-with-34-share-124111301886_1.html According to the report, tablets in the price range of Rs 20,000-30,000 saw a significant 108 per cent YoY increase, highlighting a shift towards
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