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Central Government Asks Investors to Ensure Background Verification of Nidhi Companies Before Making Investments

Central Government Asks Investors to Ensure Background Verification of Nidhi Companies Before Making Investments

The corporate affairs ministry on Thursday asked investors to check the antecedents of Nidhi companies before putting in their money amid instances of such entities not complying with the rules. Registered under the companies’ law, Nidhi...

Why Should SMEs Invest in Emergency Funds?

Why Should SMEs Invest in Emergency Funds?

Any company needs an emergency fund to cover unforeseen expenses. Economic changes, legislation or tax settings can also result in financial volatility for a company, and this can be daunting without a safety net. The national shutdown put due to...

Central Government lifts embargo on grant of government businesses to private banks

Central Government lifts embargo on grant of government businesses to private banks

The Central Government on Wednesday lifted embargo on private sector banks for the conducting of government-related banking transactions. These include taxes, as well as, other revenue payment facilities, pension payments and small savings too....

Prime Minister Modi bats for privatisation of public sector units, says 'government has no business to be in business'

Prime Minister Modi bats for privatisation of public sector units, says 'government has no business to be in business'

Prime Minister Narendra Modi on Wednesday made a strong pitch for the privatisation of public sector units, saying that the government has "no business to be in business". Speaking on various reforms announced in this year's Union...

Tips to generate new business development opportunities

Tips to generate new business development opportunities

Running a business is hard but running a successful business over long periods of time in the current highly competitive market realm is a whole different ball game. Business owners know this fact and that is why achieving success in the long run...

India's 2020 Solar Capacity Addition goes down by 56 Percent, Lowest in Five Years

India's 2020 Solar Capacity Addition goes down by 56 Percent, Lowest in Five Years

The amount of solar capacity added by India in 2020 reduced by 56 percent compared to the previous year, according to a report by Mercom India Research. The total solar capacity added by India in 2020 was 3,239 MW which is also the lowest addition...

Govt Launches NUDM and other Digital Initiatives to Renovate Urban Governance

Govt Launches NUDM and other Digital Initiatives to Renovate Urban Governance

The Centre on Tuesday launched the National Urban Digital Mission (NUDM) and several other digital initiatives with an aim to transform urban governance. Union Minister for Housing and Urban Affairs, Hardeep Singh Puri, said that the NUDM will...

Reliance Industries Ltd.’s oil-to-chemicals business spinoff gets Sebi and stock exchanges approval

Reliance Industries Ltd.’s oil-to-chemicals business spinoff gets Sebi and stock exchanges approval

Reliance Industries Ltd has received approvals from both Sebi, as well as, stock exchanges to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary, called Reliance O2C Limited. While RIL...

India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21: states Report

India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21: states Report

India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic. This is because of the fact that the number of cases is falling and...

ILO Seeks Better Regulatory Cooperation Among Countries To Help Algorithm Dependent Gig Economy Workers

ILO Seeks Better Regulatory Cooperation Among Countries To Help Algorithm Dependent Gig Economy Workers

The International Labor Organization (ILO) urged better regulatory cooperation among countries to protect workers in the digital economy, saying that the distinction between employees and the self-employed is increasingly becoming more and more...

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