Category: Business

Steps taken in the budget will give a boost to startups in the country: DPIIT Secretary

New Delhi: Dr. Guruprasad Mohapatra, Secretary, Department of Industry Promotion and Internal Trade (DPIIT), Ministry of Commerce and Industry, said that important steps have been taken to promote start-ups in the 2021-22 budget. Dr. Mahapatra said that the inclusion of initiatives to encourage One Person Companies (OPC), a one-man company, will directly benefit startups and

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