Business News

In implementation of the recommendations of the Seventh Central Pay Commission, the Department of Pension and Pensioners’ Welfare vide OM No. 38/37/2016-P&PW (A) (i) dated 04.08.2016 had issued instructions relating to revision of provisions regulating pension/gratuity/commutation of pension/family pension/disability pension/ex-gratia lump-sum compensation, etc. As per the Government’s decisions on the …

The gross Goods and Services Tax (GST) revenue for the month of May 2024 stood at ₹1.73 lakh crore. This represents a 10% year-on-year growth, driven by a strong increase in domestic transactions (up 15.3%) and slowing of imports (down 4.3%). After accounting for refunds, the net GST revenue for …

The Employees’ Provident Fund Organization is one of the World’s largest Social Security Organizations in terms of the clientele and the volume of financial transactions undertaken. Presently, around 7.5 Crore members are actively contributing to the Provident Fund, Pension & Insurance Schemes each month. In the first 2 months of …

It was a glamourous affair at the exclusive preview of Nine West’s latest collection in the capital hosted by Bata India! This event marks a significant moment as Bata India introduces New York’s renowned footwear and accessories brand, Nine West, to the Indian market. Actor Chitrangda Singh alongside Delhi’s top …

Exports grew by 27% Domestic sales up by 7% TVS Motor Company registered a sales growth of 12% increasing from 330,609 units in May 2023 to 369,914 units in May 2024. Two-Wheeler Total two-wheelers registered a growth of 13% with sales increasing from 319,295 units in May 2023 to 359,590 …

The Accounts of the Government of India (Provisional/Unaudited) for the Financial Year 2023-24 has been consolidated and reports published. The highlights are given below: – The Government of India has received ₹27,88,872 crore (101.2% of corresponding RE 2023-24 of Total Receipts) during 2023-24 comprising ₹23,26,524 crore Tax Revenue (Net to …

The highest-ever number of organisations from India once again received a highly prized accolade for their work in health, safety, and wellbeing this year. British Safety Council recognized 313 Indian companies as winners of its prestigious annual International Safety Awards for 2024, at a gala celebratory dinner held yesterday at …

In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart, South Asias leading courier and integrated express package distribution company, unveiled an expansion of its electric vehicle (EV) fleet, now boasting over 480 e-vehicles (2,3 & 4 wheelers combined). This initiative underlines Blue Dart’s commitment to …

In a vibrant celebration giving platform to creatives and sustainability, twenty-two talented students from the School of Fashion at World University of Design dazzled audiences at the Delhi Times Fashion Week recently. Held at the prestigious venue, The Grand Vasant Kunj, the event featured renowned designers and fashion labels including …

Policybazaar for Business (PBFB)*, just one year after its launch, announces its achievements in reshaping the landscape of business insurance in India. In the past year, PBFB has demonstrated an exceptional growth trajectory, with a staggering 40% surge in overall revenue from its suite of tailored insurance products. PBFBs success …