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SC asks ED's plan to get back Rs 5,000 crore Unitech's home buyers money stashed abroad
SC asks ED's plan to get back Rs 5,000 crore Unitech's home buyers money stashed abroad

New Delhi,  The Supreme Court on Wednesday asked the Enforcement Directorate (ED) to propose steps to bring back home buyers money, amounting to Rs 5,000 crore diverted to tax havens, as revealed in a forensic audit.

At the beginning of the hearing, Additional Solicitor General N. Venkataraman, represent

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Encouraging innovation in Ayush
Encouraging innovation in Ayush

Gandhinagar, In line with the Government of India's vision to support start-ups in the country, Prime Minister Narendra Modi distributed awards to the winners of 'Ayush Start-up Challenge' organised by All India Institute of Ayurveda (AIIA) in association with Start-up India.

The challenge was launched

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RIIL's Q4FY22 consolidated net profit down 64.6% YoY
RIIL's Q4FY22 consolidated net profit down 64.6% YoY

Mumbai,  Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a decline of 64.6 per cent in its consolidated net profit for the fourth quarter (Q4) of FY2021-22 on a year-on-year basis.

The company's net profit during the quarter under review declined to Rs 1.06 crore from Rs 3 crore i

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EPFO adds 14.12 lakh net subscribers in February
EPFO adds 14.12 lakh net subscribers in February

New Delhi, The provisional payroll data of the Employees Provident Fund Organisation (EPFO), released on Wednesday, shows that it has added 14.12 lakh net subscribers in the month of February 2022.

According to the Ministry of Labour and Employment, the month-on-month comparison of payroll data reflects a slight i

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Centre provisionally selects 14 firms under Drone PLI scheme
Centre provisionally selects 14 firms under Drone PLI scheme

New Delhi, The Central government has provisionally selected 14 firms under the Production-Linked Incentive (PLI) scheme for drone and drone components.

On Wednesday, the Ministry of Civil Aviation (MoCA) released the first provisional list of 14 beneficiaries under the scheme.

Accordingly, these 14

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India's non-basmati rice exports grows 109% from FY2013-14 to FY2021-22
India's non-basmati rice exports grows 109% from FY2013-14 to FY2021-22

New Delhi,  India's non-basmati rice exports grew by 109 per cent from $2,925 million in FY2013-14 to $6,115 million in FY2021-22 even as the number of countries to which it was exported rose to over 150 in 2021-22, government data showed on Wednesday.

As per the data from Director General of Commerc

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India's March domestic air passenger traffic rose over 36% YoY
India's March domestic air passenger traffic rose over 36% YoY

New Delhi,  Lower base effect as well as easing Covid travel restrictions accelerated India's domestic air passenger traffic growth by over 36 per cent in March on a year-on-year basis.

Pent-up demand and accelerated economic recovery also pushed the air passenger numbers higher during the month unde

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Not just crude, wheat prices too saw massive spike due to Russia-Ukraine war
Not just crude, wheat prices too saw massive spike due to Russia-Ukraine war

New Delhi, Parallel to crude oil, prices of wheat and wheat flour too have seen a steep uptick ever since the war between Russia and Ukraine broke out in late February.

Riding on a possible supply disruption of the wheat as the tensions between Russia and Ukraine simmered, export demand for the foodgrain got a fre

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India's growth story continues despite Covid; more people turning into 'job creators'
India's growth story continues despite Covid; more people turning into 'job creators'

New Delhi, Various waves of the Covid pandemic could not sweep off India's growth story completely. Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA).

The increase is significant considering that

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Economic slowdown: Sitharaman calls for 'proactive collective efforts' by G-20
Economic slowdown: Sitharaman calls for 'proactive collective efforts' by G-20

Washington, Finance Minister Nirmala Sitharaman has called for "proactive collective efforts" by the G-20 group of the world's top economies to deal with the current slowdown in the growth momentum of the global economy.

Addressing fellow ministers and central bank heads of the G-20 member countries,

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