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Government efficiency
Business

Government efficiency 'czar' Musk to cut a lot of waste in US govt: Mark Mobius

New Delhi, Nov 13: With Elon Musk leading the new Department of Government Efficiency (DoGE) under Donald Trump’s presidency in the US, the tech billionaire will be able to cut down on a lot of waste in the US government, ace global investor Mark Mobius has said. Mobius said that as a “government...
South Korea to address Trump related uncertainties, upgrade FTAs
Business

South Korea to address Trump related uncertainties, upgrade FTAs

Seoul, Nov 13: South Korea will proactively address changes in the global trade environment ahead of the launch of the new US administration, while upgrading existing trade pacts with key partners to maintain upward momentum in exports, the industry ministry said on Wednesday. The Ministry of Trade,...
India’s infrastructure push to be among largest in 21st century: KPMG
Business

India’s infrastructure push to be among largest in 21st century: KPMG

New Delhi, Nov 13: India is likely to see implementation of one of the biggest infrastructure programmes in 21st century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report. “Steps to unlock foreign and domestic capital...
India’s solar product exports record over 20-fold jump to $2 bn in last 2 years
Business

India’s solar product exports record over 20-fold jump to $2 bn in last 2 years

New Delhi, Nov 12: India’s exports of solar photovoltaic (PV) products surged 23 times to $2 billion in the fiscal year (FY) 2024 from FY22, according to a new report. This marks a significant progress in India transitioning from a net importer to a net exporter of solar products, according to a...
India’s net direct tax collections surge 15.4 pc to Rs 12.1 lakh crore in April-Nov
Business

India’s net direct tax collections surge 15.4 pc to Rs 12.1 lakh crore in...

New Delhi, Nov 12: India’s net direct tax collections, comprising corporate tax and personal income tax, shot up by a robust 15.4 per cent to Rs 12.1 lakh crore, from April 1 to November 10 during the current financial year, according to the latest figures released by the Central Board of Direct...
Bitcoin may touch $100,000 by January end after Donald Trump takes office
Business

Bitcoin may touch $100,000 by January end after Donald Trump takes office

New Delhi, Nov 12: World’s biggest cryptocurrency Bitcoin is heading towards $100,000 amid President-elect Donald Trump’s pro-crypto stance and promise for clearer cryptocurrency regulations. On Tuesday, the Bitcoin price was hovering around $87,880 apiece. Bitcoin price has surged about 30 per cent...
Trump’s return likely to bolster India’s textile trade with US: Industry
Business

Trump’s return likely to bolster India’s textile trade with US: Industry

New Delhi, Nov 11: The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market. In 2023, the US accounted for approximately 27 per cent of India’s total...
Tokyo stocks end mixed amid caution before Japan PM vote
Business

Tokyo stocks end mixed amid caution before Japan PM vote

Tokyo, Nov 11: Tokyo stocks ended mixed on Monday amid a risk-off mood as Japan's lower house held a runoff vote to choose the Prime Minister for the first time in three decades. Leader of Japan's Liberal Democratic Party (LDP) Shigeru Ishiba was re-elected as the country's Prime Minister on Monday...
In-Solutions Global fully authorised to issue Prepaid Payment Instrument under RBI Act
Business

In-Solutions Global fully authorised to issue Prepaid Payment Instrument under...

Mumbai, Nov 11: In-Solutions Global Ltd (ISG), a leading force in the payments industry, has been granted authorisation by the RBI to establish a payment system for the issuance and operation of Prepaid Payment Instruments (PPI). This approval, under the Payment and Settlement Systems Act,...
Every rupee collected is accounted for so it doesnt get frittered away: FM Sitharaman
Business

Every rupee collected is accounted for so it doesn't get frittered away: FM...

Bengaluru, Nov 9: The government, under Prime Minister Narendra Modi, accounts for every rupee collected so that it doesn't get frittered away and common people benefit from the work that it is doing, Union Finance Minister Nirmala Sitharaman said here on Saturday.Addressing students at an event...
Centre buys paddy worth Rs 27,995 crore in Punjab, 6.8 lakh farmers benefit
Business

Centre buys paddy worth Rs 27,995 crore in Punjab, 6.8 lakh farmers benefit

New Delhi, Nov 9: Food Corporation of India (FCI) and state agencies have procured 120.67 lakh metric tonne (LMT) paddy in Punjab during the ongoing kharif marketing season (KMS) 2024-2025 (as of November 8) worth Rs 27,995 crore, the government said on Saturday. A total quantity of 126.67 LMT of...
Indian stock market remains on consolidation path, DIIs absorb heavy selling
Business

Indian stock market remains on consolidation path, DIIs absorb heavy selling

Mumbai, Nov 9: The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs). This broad based...
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