Business News: Economy & Markets

PLI scheme for electronics manufacturing has created over 1.37 lakh direct jobs: Govt

IANS | February 10, 2025 1:18 PM

New Delhi, Feb 10 (IANS) The production-linked incentive (PLI) scheme for electronics manufacturing has succeeded in attracting a cumulative investment to the tune of Rs 10,213 crore till December 2024, leading to the creation of over 1.37 lakh direct jobs and boosting the country exports, according to information tabled in the Parliament.

New Income Tax Bill to raise transparency in tax laws, say experts

IANS | February 10, 2025 12:25 PM

New Delhi, Feb 10 (IANS) The new Income Tax Bill is contemplated to raise the level of transparency in tax laws by adopting clear and unambiguous language in tax provisions which allows the taxpayers to easily understand their obligations and rights, industry experts said on Monday.

Trump says he will announce 25 pc duties on steel, aluminum imports; threatens more to come

IANS | February 10, 2025 11:20 AM

New York, Feb 10 (IANS) US President Donald Trump has said that he will announce a 25 per cent duty on all steel and aluminum imports, a long-standing contentious category of trade for India and the US.

PLI booster: Apple iPhones hit record exports of Rs 1 lakh cr in 10 months this fiscal

IANS | February 10, 2025 10:00 AM

New Delhi, Feb 10 (IANS) Riding on the government’s production-linked incentive (PLI) scheme, Apple has reached all-time high iPhone export figures from India at Rs 1 lakh crore for the 10 months (April-January) in the current financial year (FY25).

Stock market trades lower as Trump threatens new tariff on all steel, aluminium imports

IANS | February 10, 2025 9:39 AM

Mumbai, Feb 10 (IANS) The domestic benchmark indices opened lower on Monday as US President Donald Trump threatened to start imposing a new 25 per cent tariff on all steel and aluminium imports, including those from Canada and Mexico.

Revised income tax law to eliminate obsolete and redundant provisions: Experts

IANS | February 9, 2025 10:26 PM

New Delhi, Feb 9 (IANS) The revised income tax law is expected to be clear, concise, consistent and supplemented with illustrative examples to aid understanding and interpretation by various stakeholders, which will also eliminate obsolete and redundant provisions, according to industry experts.

More RBI rate cuts on the cards, stance likely to change from neutral to accommodative

IANS | February 9, 2025 9:46 PM

New Delhi, Feb 9 (IANS) As the RBI embarks upon the rate cut cycle, it can be expected that more cuts are also on the cards, while the timing can be debatable, according to a Bank of Baroda note.

Meta likely to lay off thousands of employees, says leaked memo

IANS | February 9, 2025 5:10 PM

New Delhi, Feb 9 (IANS) Tech giant Meta is expected to lay off around 3,000 employees, which is about 5 per cent of its total workforce, as per a leaked internal memo, reports said on Sunday.

Agriculture sector growth stronger, steadier than UPA's volatile years: BJP factsheet

IANS | February 9, 2025 12:08 PM

New Delhi, Feb 9 (IANS) In a sharp riposte to the Congress Party's criticism over the performance of the agriculture sector, the BJP has in its factsheet highlighted that the growth rate in recent years is much stronger and steadier, backed by the government's higher budgetary support, than during 2004 to 2014 when the UPA was in power.

Employability of India’s graduates has shot up to 54.8 pc from 33.9 pc in last 10 years: Mandaviya

IANS | February 9, 2025 11:59 AM

Gandhinagar, Feb 9 (IANS) The employability of India’s graduates has shot up from 33.95 per cent in 2013 to 54.81 per cent in 2024 driven by various skill-building initiatives launched by the government, Union Sports and Youth Affairs Minister Mansukh Mandaviya has said.

business

PLI scheme for electronics manufacturing has created over 1.37 lakh direct jobs: Govt

New Income Tax Bill to raise transparency in tax laws, say experts

Trump says he will announce 25 pc duties on steel, aluminum imports; threatens more to come

PLI booster: Apple iPhones hit record exports of Rs 1 lakh cr in 10 months this fiscal

Stock market trades lower as Trump threatens new tariff on all steel, aluminium imports

Revised income tax law to eliminate obsolete and redundant provisions: Experts

More RBI rate cuts on the cards, stance likely to change from neutral to accommodative

Meta likely to lay off thousands of employees, says leaked memo

Agriculture sector growth stronger, steadier than UPA's volatile years: BJP factsheet

Employability of India’s graduates has shot up to 54.8 pc from 33.9 pc in last 10 years: Mandaviya

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