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Money & Finance
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Mixed closing for Asian markets; Hang Seng in Hong Kong rises by 1.9%
Today, the Asian market ended with mixed results after the United States government took emergency measures to restore…
E-Verification for underreported income tax returns taken up by the Income Tax Department in 68,000 cases for FY 2019-20.
The Income Tax Department has taken up 68,000 cases on a pilot basis for e-verification of tax returns…
India’s digital economy is predicted to reach $800 billion by 2030, says Finance Minister Nirmala Sitharaman.
India’s Finance Minister Nirmala Sitharaman stated that India’s digital economy is expected to grow to USD 800 billion…
In February 2023, IEX records a 7% increase in trade volume
The Indian Energy Exchange (IEX) witnessed a decline of 7% in its total trade volume in February, due…
Large taxpayers can now begin using GST e-invoicing services
Clear (formerly ClearTax) has launched its invoice registration portal (IRP) for generating e-invoices under the goods and services…
INR Considered for Economic Transactions Between India and Sri Lanka
India and Sri Lanka are exploring the possibility of using the Indian Rupee (INR) for economic transactions. The…
FMCG sales surge in February 2023
The Fast-Moving Consumer Goods (FMCG) industry is expected to experience a 20% growth in 2023, following an exponential…
FAME scheme may be discontinued by the Centre after the next fiscal year.
According to a report by the Economic Times, the second phase of the Rs 10,000 crore Faster Adoption…
PwC emphasizes the importance of businesses being informed about updated regulations in modern FTAs.
PricewaterhouseCoopers (PwC) has highlighted the importance of businesses being aware of regulatory barriers in climate change, labour protection,…
February 2023 witnesses over 9% growth in India’s power consumption, reaching 117.8 BU.
According to government data, India’s power consumption has seen a year-on-year growth of over nine per cent, amounting…
