Category: Business

Be courageous, don’t impose taxes – market guru Rakesh Jhunjhunwala ahead of budget to Sitharaman

New Delhi: Market guru and ace investor Rakesh Jhunjhunwala suggested Finance Minister Nirmala Sitharaman, be adventurous, do not levy taxes and increase expenses. Let development come and then you can think about taxes. In the budget, I expect there will be no tax, a substantial increase in expenditure and a 6.5 to 7 percent reduction

Railways finalize tender for Vande Bharat trains, boost to ‘Make in India’ mission

New Delhi: The Indian Railways has finalized the tender of Vande Bharat trains on 21 January 2021. This will include train design, development, manufacture, supply, integration, testing, and IGBT-based 3-phase propulsion, control, and manufacture of 44 rakes each for 16 cars. Under this process, an annual maintenance (maintenance) contract will also be with the company

Brazil sent special flights to import 2 Mn vials of COVID-19 vaccine to India

The Brazilian Ministry of Health announced on Thursday, January 14, that preparations were already underway to import two million vials of COVID-19 vaccines from India with a special flight. The Oxford-AstraZeneca-developed Covishield vaccine produced by Pune-based Serum Institute of India is set to arrive at Galiao Airport in Brazil by Saturday. “The Ministry of External