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Business
Government Allows Duty-Free Import Of 1 Million Tonnes Of Raw Sugar To Curb Price Rise
New DelhiĀ In a major policy shift aimed at controlling soaring domestic prices, the Central Government has authorised the duty-free import of one million metric tonnes (10 lakh tonnes) of raw sugar. The move comes as a preemptive measure…
Windfall Tax Cut: Export Duty On Petrol Drops To Zero, Diesel And ATF Taxes Reduced
New Delhi: In a major relief to domestic oil refining companies, the central government has announced a significant cut in the windfall tax levied on the export of petrol, diesel, and aviation turbine fuel (ATF). The move is expected to…
Generational Shift At Godrej: Pirojsha Godrej Takes Helm Of Century Old Business Empire
Mumbai: Marking a major generational shift in one of the most prominent corporate houses in the country, forty five year old Pirojsha Godrej has officially taken charge as the Executive Chairperson of Godrej Industries Limited. He formally…
The Battle of Colours: How Exide Won The Red Battery Case Against Amara Raja
New Delhi: In a fascinating corporate legal battle over brand identity, India recently witnessed two battery manufacturing giants clash in court over a specific colour. The dispute between Exide and Amara Raja highlights how a simple visual…
Decoding ATM Technology: How Cash Machines Verify Balances And Dispense Correct Notes
New Delhi: Every day millions of citizens across the country rely on automated banking machines to withdraw their hard earned money. Despite this daily convenience very few people understand the complex technology that allows these machines…
The Masterstroke of Sunil Mittal: How Airtel Survived the Jio Free Data Tsunami
New Delhi: When Reliance Jio disrupted the Indian telecom sector with unprecedented free calls and data offers, the industry witnessed a massive shakeout. Nearly ten telecom operators collapsed under the severe pricing pressure. However…
How Rivigo Revolutionised Indian Trucking with its Relay Model Before Mahindra Acquisition
New Delhi: In India, trucks on the highway are often slow not just because of traffic congestion but due to severe driver fatigue. For decades, long distance truck drivers were forced to stay away from their homes for days, struggling with…
Digital Payments Truth: Council Explains Merchant Charges And Zero Fee Rules
New Delhi: The Payment Council of India has stepped forward to clear the air regarding merchant charges and transaction fees within the rapidly expanding digital payment ecosystem of the country. This timely intervention addresses recent…
Grow Your Savings: PhonePe App Now Offers Paperless FD and RD Facilities
New Delhi: Digital payment platform PhonePe has introduced a new feature allowing users to invest in Fixed Deposits and Daily Recurring Deposits directly through its mobile application. The initiative aims to simplify savings by eliminating…
Will UPI Payments Cost You More? Decoding The Government Move On MDR Rule Change
New Delhi: India could soon witness a significant shift in its digital payment ecosystem as the Finance Ministry proposes to amend the existing laws governing the Unified Payments Interface. The potential move has sparked widespread…