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Business
Govt may tweak customs duties on a host of goods Budget 2021-22
26 Jan 2021 5:30 PM IST
The government may tweak customs duties in the Budget next week on several goods, including furniture raw materials, copper scrap, certain chemicals, telecom equipment and rubber products, to promote domestic manufacturing and exports, sources said. They said that while import duties could be...
Business
20th Int’l Leo Expo to be held on Feb 5-22
26 Jan 2021 5:30 PM IST
Business Reporter The 20th edition of International Leo Expo will be held at Maniram Dewan Trade Centre here from February 5 to 22. Organised by Leo Advertising and supported by Assam government’s Assam Trade Promotion Organisation, the expo will remain open for shoppers and visitors daily from 11...
Business
Oppo Reno5 Pro 5G smartphone launched
26 Jan 2021 5:30 PM IST
The latest Oppo smartphone model, Reno5 Pro 5G series, was launched recently by Assamese film actress Pannchi Patowary at an event held at the premises of Ram Man Business Enterprises, an authorised Oppo distributor. The Oppo Reno5 Pro 5G handset price is set at Rs 35,990 for the lone 8GB + 128GB...
Business
CAIT Seeks Action Against Amazon, Zomato For ‘Daylight Robbery’
25 Jan 2021 5:30 PM IST
‘It is a pity that particularly in e-commerce every guidelines, rules & regulations, laws and policies are being flouted openly and no department has so far taken any cognizance of compliance issues resulting in a highly vitiated and mess like e-commerce trade of India’ New Delhi, Jan 24: The...
Business
LG May Exit Smartphone Market, But Game Not Over
25 Jan 2021 5:30 PM IST
New Delhi, Jan 24: The mobile business of LG Electronics has been in the red since the second quarter of 2015. Its accumulated operating loss reached nearly $4.5 billion last year and now, the South Korean company is planning to exit from the competitive smartphone market. LG has been quite brave...
Business
Mutual Funds Continued To attract Investors In 2020
25 Jan 2021 5:30 PM IST
New Delhi, Jan 24: Mutual funds added 72 lakh folios in the pandemic ravaged year 2020 as higher disposable income and low interest on bank deposits attracted investors towards this financial instrument. In comparison, the industry had seen the addition of 68 lakh investor accounts in 2019, data...
Business
‘Financial Health Of Indian Telcos To Impact 5G Launch’
25 Jan 2021 5:30 PM IST
New Delhi, Jan 24: The weak financial health of Indian telecom service providers will continue to impact the prospects of acquiring new spectrum and the subsequent launch of 5G network in the country, said a report by the Competition Commission of India (CCI). The ‘Market study on the telecom sector...
Business
BCPL-AGCL MoU On Natural Gas Supply and Service
25 Jan 2021 5:30 PM IST
DULIAJAN, Jan 24: Brahmaputra Cracker and Polymer Limited (BCPL) and Assam Gas Company Limited (AGCL) inked a memorandum of understanding (MoU) on January 19 for the supply of natural gas. The two profitable PSUs inked the MoU to supply natural gas from Golaghat to BCPL Lakwa plant through a...
Business
Pay For Vehicle, Insurance Separately: IRDAI Panel
25 Jan 2021 5:30 PM IST
New Delhi, Jan 24: The committee constituted by the Insurance Regulatory and Development Authority of India (IRDAI) has recommended direct payment of insurance premium to the insurance company while purchasing a vehicle, thereby suggesting separate payments for both buying the vehicle and the...
Business
RBI Expected To Rein In Rising Rupee
25 Jan 2021 5:30 PM IST
Mumbai, Jan 24: The Reserve Bank of India (RBI) is expected to rein in any sharp appreciation in rupee due to hefty FIIs’ inflows during the upcoming week. Experts contend that the effects of large FIIs’ inflows will be neutralized by the RBI as it aims to keep the country’s exports competitiveness....
Business
Stock Markets’ Volatility Set To Flare Up As Budget Nears
25 Jan 2021 5:30 PM IST
New Delhi, Jan 24: Volatility in India’s key stock markets are set to flare up as investors bet big on Union Budget 2021-22 to deliver policy reforms, sops and tax breaks. In general, investors expect higher government Capex along with other fiscal expansion measures to drive growth and neutralize...
Business
55% Millennials Say WFH Has Increased Time Spent On Email: Survey
22 Jan 2021 5:30 PM IST
Almost 55 per cent of millennials in India feel that their time spent on work email has increased by more than two hours since they started working from home, finds a new survey.The survey conducted by Hiver, a Gmail-based customer service solution for teams, highlights that as many as 60 per cent...
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