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Business News

India Clarifies Tax On Solar Power Equipment, Parts at 5%

India will levy a 5 per cent tax on all equipment required for generating solar power compared with nil duty now

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India Seen Staying Fastest Growing Major Economy In Jan-March Quarter

India remained the fastest growing major economy in the world last quarter, with growth buoyed by an improved performance in manufacturing and services, a Reuters poll of economists found

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GST For Tractor Industry: Overall Tax Incidence To Remain Neutral

While the overall tax incidence remains effectively same, tractor original equipment manufacturers (OEMs) would have to claim a refund from the government.

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BSNL To Open Satellite Phones Service For Citizens

Satellite phones will able to work in any part of the country, even inside flights and ships, as they depend on signals directly from satellites located about 35,700 km above the earth.

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'Jobs in renewable energy sector to reach 24 million by 2030 globally'

The report says that 62 percent of the employed population comes from Asia with China alone accounting for 3.46 million people. India accounts for eight percent of large hydropower jobs worldwide.

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What It Takes To Start A Food Truck Business

The average cost of starting a food truck business in India is between Rs 10 lakh to Rs 20 lakh, depending on what type of vehicle you have and what you are selling.

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Govt Bans Cattle Slaughter Across Country; Exports To Hamper

The demand for Indian buffalo meat in international market has sparked a sudden increase in the meat exports. The main markets for Indian buffalo meat and other animal products are Vietnam Social Republic, Malaysia, Saudi Arabia, Egypt Arab Republic and UAE.

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NIIT Technologies Appoints Genpact's Sudhir Singh As CEO Designate

Sudhir joins NIIT Technologies at a time when the industry is undergoing a transition and the company is successfully transforming itself to embrace new opportunities around digital services.

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BP, Cardiac Drug In Short Supply

Drug makers blame price controls over the short supply of the drug. Mankind Pharmaceuticals stopped manufacturing the drug as soon as the price control was announced. The company says they paid taxes out of their own pocket due to nonviable costing

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Reliance Communications Shares Hit Record Low On Fourth-quarter loss, Debt Woes

Shares in mobile carrier Reliance Communications fell as much as 20 per cent to an all-time low, after it reported a $150 million fourth-quarter loss and worries about its heavy debt load resurfaced

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