December 09, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Bengaluru: Flipkart, India's largest e-commerce marketplace, has re-entered the private label business by launching Smart Buy, the first of two new private labels, with a view to boost earnings and fill gaps in its product selection.
India has climbed 21 spots to rank 87th in 2016 in the Global Gender Gap Index (GGI) among 144 countries of the world: Global Gender Gap Report 2016 by World Economic Forum
New Delhi: The Government of India has waived off service tax charged on payments via debit, credit or any other payment card upto Rs 2,000 (~US$ 30), in order to promote digital transactions and encourage merchant establishments to accept card payments.
New Delhi: Solar Energy Corporation of India (SECI) plans to launch tender for 1,000 megawatt (MW) grid-connected rooftop solar power for Central Government Ministries and Departments, which is one of the world’s largest tender for solar power.
Mumbai: The Government has extended the duty drawback facility on all textile products by one year, and in select cases increased rates, to help improve textile exports by making the rates competitive globally.
New Delhi: US multinational technology company Intel has joined hands with the Department of Science and Technology (DST) to develop key technologies for sensing, communication and analysis of large-scale data collected from autonomous networks for real-time air and river water quality monitoring in India.