BigBasket aims to go big on express deliveries after Tata acquisition

BigBasket aims to go big on express deliveries after Tata acquisition

BigBasket will launch express deliveries, which is a segment the online grocery platform has previously experimented with but pulled back from, cofounders Hari Menon and Vipul Parekh said. Over the next two-three months BigBasket, where Tata...

SEBI and DRI probing Adani group companies for non-compliance of rules

SEBI and DRI probing Adani group companies for non-compliance of rules

Market regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told the Lok Sabha on Monday. Minister of State for...

Cryptocurrency Bank Develops India Operations, Selecting for a Cooperative Approach to Avoid RBI Regulations

Cryptocurrency Bank Develops India Operations, Selecting for a Cooperative Approach to Avoid RBI Regulations

At a time when the Reserve Bank of India (RBI) is wary of private virtual currencies, cryptocurrency bank Cashaa's proposal to start banking operations in India for customers of virtual currencies like Bitcoin in August through the credit...

CII Proposes the Establishment of a Pandemic Pool to Handle Long-Term Risks

CII Proposes the Establishment of a Pandemic Pool to Handle Long-Term Risks

The Confederation of Indian Industry (CII) has called for the establishment of a pandemic pool, citing the disastrous impact of the COVID-19 crisis on financial, administrative, and social systems. According to the CII, insurance companies have...

Discoms' outstanding dues to power producers drop by 15.2 per cent to Rs 82,305 crore in may

Discoms' outstanding dues to power producers drop by 15.2 per cent to Rs 82,305 crore in may

Total outstanding dues owed by electricity distribution utilities or discoms to power producers dropped by 15.25 per cent to Rs 82,305 crore in May 2021 from a year ago. Distribution companies (discoms) owed a total Rs 97,111 crore to power...

With markets at record levels, FPIs book profit and Pull out Rs 4,515 crore in July so far

 With markets at record levels, FPIs book profit and Pull out Rs 4,515 crore in July so far

Foreign portfolio investors (FPIs) have pulled out Rs 4,515 crore from the equities segment in the first half of the month of July as they turn cautious towards the domestic market. “With markets trading near all-time high, FPIs would...

GST to be paid only on margin earned from resale of second-hand jewellery, states AAR

 GST to be paid only on margin earned from resale of second-hand jewellery, states AAR

Jewellers will have to pay GST only on the profit earned on resale of the second-hand gold jewellery, Karnataka AAR has ruled. The application to the Authority for Advance Ruling (AAR) was filed by Bengaluru-based Aadhya Gold Private Ltd seeking...

Are Businesses Ready for Third Wave of Pandemic?

Are Businesses Ready for Third Wave of Pandemic?

As the covid continued show its severity in 2021, government was anxious that industrial slowdown will be a big problem due to covid ‘shutdowns’ and ‘lockdowns’. Although, these govt.-imposed lockdowns and shutdowns...

Role of Market Analyst in steering Business Profits

Role of Market Analyst in steering Business Profits

Several companies work tirelessly to stay ahead of their competition. Occasionally, they do that by investing in new technology, other times by allocating more resources to large advertising campaigns or seeking out new professionals who...

Current Level of Inflation will Continue to Rise for Several Months says RBI

Current Level of Inflation will Continue to Rise for Several Months says RBI

The Reserve Bank of India (RBI) has stated that the tapering of the Covid-19 second wave, combined with an active vaccination campaign, has improved the Indian economy's near-term prospects, although inflation is expected to "persist at...

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