The government has now allowed duty-free import of cut and polished diamonds up to a specified limit to boost exports and enhance value addition through the Diamond Imprest Authorisation scheme.
Stock market tumbled on Tuesday, declining over 1% as investor sentiment took a hit from multiple global and domestic triggers.
The direct selling industry in the Northeast has achieved 16% growth with the total sales crossing Rs 1,854 crore in 2022-23, according to the Indian Direct Selling Association (IDSA).
SEBI chief Madhabi Puri Buch on Tuesday said the capital market regulator is actively considering a platform to allow share allotees in a public issue to trade in the security even before the formal listing.
In a bid to further revitalise the telecom industry, the Cellular Operators Association of India (COAI) on Monday released the telecom industry’s recommendations for the upcoming Union Budget 2025-26 to the Ministry of Finance.
In the first half of January 2025, India exported over 9,300 tonnes of coffee with top buyers including Italy, Belgium, and Russia. The country’s coffee exports have grown significantly due to the increasing global demand for its rich and unique flavors.
Online food delivery giant Zomato on Monday reported a 57 per cent decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25 -- from Rs 176 crore in the same period last fiscal.
Between 1765 and 1900, the richest 10 per cent in the UK extracted wealth from India alone worth US$33.8 trillion in today’s money -- enough to carpet the surface area of London in the 50-pound notes almost four times over, an Oxfam global report said on Monday.
According to a report by World Data Lab, India is projected to account for 16% of global consumption at purchasing power parity (PPP) by 2050. This will be up from 4% in 1997 and 9% in 2023.
The sowing of Rabi crops has surpassed 640 lakh hectares, according to a press release issued by the Department of Agriculture & Farmers’ Welfare on the progress of area coverage as of today.
