Washington: Rising food costs, soaring fuel bills and wages that are not keeping pace. Inflation is plundering people’s wallets, sparking a wave of protests around the world. This week alone saw protests by the political opposition in Pakistan, nurses in Zimbabwe, unionised workers in Belgium, railway workers in Britain, indigenous people in Ecuador, hundreds of… Continue reading Inflation sparks global wave of protests for higher pay, aid
Author: Economic Times of India Online News
Mumbai: From today, get off BEST bus and ride e-bike to reach office
MUMBAI: Get off a BEST bus and you can ride an e-bike to your final destination from today. Sixty e-bikes will be available at six key bus stops in Andheri to provide last-mile connectivity to commuters. A BEST official said that this is a pilot project in which passengers can use an app to unlock… Continue reading Mumbai: From today, get off BEST bus and ride e-bike to reach office
GST compensation cess levy extended till March 2026
The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026. As per the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022, notified by the finance ministry, the compensation cess will continue to be levied from July 1, 2022 to March… Continue reading GST compensation cess levy extended till March 2026
ElectriVa to set up 12 charging points in Kanpur
Electric vehicle Charging startup ElectriVa will set up 12 charging points in Kanpur, Uttar Pradesh as per city’s municipal corporation plan to install charging stations across the city. The civic body has awarded the contract to ElectriVa, who said most of the charging station will be fast charging ones, which will cater to the growing… Continue reading ElectriVa to set up 12 charging points in Kanpur
India should seek deeper integration into European supply chains: Niti VC
Bery said an explicit goal of the EU is to promote convergence in living standards between richer and poorer member states. Assuming a successful conclusion to the trade negotiations with the European Union (EU), India should seek deeper integration into European supply chains and present itself as an alternative to China, Niti Aayog Vice Chairman… Continue reading India should seek deeper integration into European supply chains: Niti VC
India-EU FTA negotiations – how deep can we go?
India and the European Union (EU) will soon launch the free trade agreement (FTA) negotiations. While the two parties have set the ambition to conclude a comprehensive agreement including commitments on trade in goods and services, investments, and geographical indication, it must be acknowledged that there are fundamental differences in the design, or the template… Continue reading India-EU FTA negotiations – how deep can we go?
Pakistan PM Sharif announces 10 per cent ‘super tax’ on large-scale industries
The sectors on which this “super tax” will be levied include cement, steel, sugar, oil and gas, fertilisers, LNG terminals, textile, banking, automobile, cigarettes, beverages and chemicals, according to the Dawn newspaper. Islamabad: Pakistan Prime Minister Shehbaz Sharif on Friday announced a 10 per cent “super tax” on large-scale industries like cement, steel and automobile,… Continue reading Pakistan PM Sharif announces 10 per cent ‘super tax’ on large-scale industries
Markets rise as automakers enjoy best day in over two years
Maruti Suzuki gained the most on the Nifty 50, rising 6.3% to its highest since late February. Truckmaker Eicher Motors and two-wheeler maker Hero MotoCorp jumped 5.9% each. BENGALURU: Domestic indices bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day since April 2020. The NSE… Continue reading Markets rise as automakers enjoy best day in over two years
Parameswaran Iyer appointed as Niti Aayog CEO
Parameswaran Iyer Former Drinking Water and Sanitation Secretary Parameswaran Iyer, who spearheaded the Swachh Bharat Mission, was on Friday appointed as the CEO of Niti Aayog, according to a government order. He will replace Amitabh Kant, who will demit office on June 30. Iyer has been appointed for two years or until further orders, whichever… Continue reading Parameswaran Iyer appointed as Niti Aayog CEO
TN CM launches Advanced Manufacturing System Centre, Industry 4.0 readiness survey
Chief Minister M K Stalin on Friday launched a slew of initiatives including the Tamil Nadu Centre for Advanced Manufacturing Hub (TANCAM), a first-of-its-kind centre of excellence in India, at Tidel Park, Chennai, at a cost of Rs 212 crore and the Industry 4.0 Readiness Survey. A collaborative venture between TIDCO and French firm Dassault… Continue reading TN CM launches Advanced Manufacturing System Centre, Industry 4.0 readiness survey