Union Minister of Railways Ashwini Vaishnaw stated that Integral Coach Factory (ICF), Chennai will now develop standard gauge Vande Bharat trains, only for export purposes. Minister Vaishnaw was speaking on the occasion of the inaugural ceremony of Qualcomm’s Chennai Design Center. The centre was inaugurated by the minister Vaishnaw. Standard gauge rakes are used in […]
The ready-made garment manufacturing units in Indore have experienced a decline of over 40 per cent in orders compared to the corresponding period leading up to the peak demand season, which commences with Eid. This downturn is attributed to the 45-day timely payment obligation for Micro, Small, and Medium Enterprises (MSMEs). Starting the new financial […]
Cities across India are witnessing the early summer season with scorching heat and higher-than-usual temperatures. The change in season has got both, FMCG players as well as Indian kiranas to rush and stock summer-centric products. A recent survey reveals that Maharashtra is the only state where retailers are witnessing equal sales for national and local […]
In a significant boost to Uttar Pradesh’s dairy sector, the projects initiated during the groundbreaking ceremony are set to attract investments totaling Rs 9,000 crore. Despite emerging as the top milk producer among states in 2022-23, the state faces challenges with low milk production capacity in cattle, presenting an opportunity for further enhancement. During the […]
Livpure, a consumer products producer, has teamed with chimney maker Inflame Appliances to increase its position in the South Indian market, according to a news statement issued on Thursday. According to the statement, Livpure hopes that this agreement will help address the region’s need for chimneys and strengthen its position in the South Indian market. […]
Swedish furniture company IKEA said on Thursday that it will close its shop in Mumbai’s R City Mall by the middle of the year owing to layout, design and location limitations. The 70,000-square-foot store, which debuted in June 2022, provides a limited variety of IKEA products, according to the release. “IKEA has taken a strategic business […]
To provide relief to small bars and taverns with an annual business turnover of less than Rs 10 lakh, recently brought under the Value Added Tax (VAT), the Indian government has introduced an option for these entities to opt for the ‘composition scheme.’ This scheme allows them to pay just 2 per cent of their […]
The Karnataka government presented the Cigarettes and Other Tobacco Products Bill, 2024 which increased the age limit for the sale of cigarettes from 18 years to 21 years. The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Manufacture, Supply and Distribution) (Karnataka Amendment) Bill was passed in the Assembly […]
Amazon said on Tuesday that it had begun its delivery service in Gajoli, a rural village in Uttarkashi district, Uttarakhand. According to the firm, it is the first and only e-commerce company to transport items to the Maharishi Ashram in Gajoli, which sits at 4,500 feet in the Himalayan mountains. There are no businesses or delivery […]
The Karnataka state government will adjust tax rates throughout the 18 slabs of Indian Made Liquor (IML) to preserve its earnings and avoid trade diversion to adjacent states. “In order to rationalise the tax slabs and make them competitive with neighbouring states, the tax slabs for IML and beer will be revised,” Chief Minister Siddaramaiah […]
