The businesspersons have alleged that if any fraudster buys garments from their shops and makes payment into their bank account online or through UPI by the money duped through the fraud, the police and investigating agencies freeze the entire account of the shopkeeper.
The Tata Group plans to create 500,000 manufacturing jobs over the next half-decade in sectors like battery, semiconductors, electric vehicles and solar industries, Tata Sons Chairman N. Chandrasekaran said on Thursday.
The stock market ended higher on Friday, driven by gains. The domestic market witnessed low volatility in the absence of fresh triggers and traded on a positive note throughout the session.
The foreign exchange reserves fell for a third consecutive week as of December 20, data from the Reserve Bank of India said on Friday.
In terms of FTAs, India has signed nearly eight key agreements this year.
Broken rice in transit with certain conditions will be now allowed for exports till October 15, a new notification by the Directorate General of Foreign Trade said late on Tuesday.
The Directorate of Enforcement (ED) has frozen Bitcoins equivalent to worth Rs 12.83 crore under the provisions of the Prevention of Money Laundering Act (PMLA) after an investigation being conducted against one Aamir Khan and others relating to the mobile gaming application -- E-nuggets.
It might be better for the Reserve Bank of India (RBI) to allow the rupee to depreciate a bit, letting it find its natural balance, said Soumya Kanti Ghosh in an SBI research report.
Last week, the ADB revised down its growth forecast from 5.2 percent to 4.3 percent for 2022 and 5.3 percent to 4.9 percent for 2023 for developing economies in the Asia-Pacific region.
Indian fertiliser companies Coromandel International, Chambal Fertilizers, and Indian Potash signed a Memorandum of Understanding with Canada-based Canpotex with an aim of ensuring long-term fertiliser availability for the farming community.
