September 29, 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.
India has been ranked fourth globally in terms national legal frameworks for right to information (RTI): Centre for Law and Democracy Europe
New Delhi: The Department of Industrial Policy and Promotion (DIPP) has stated that the Government of India is expecting to improve its ranking by 10 places in World Bank's Doing Business index, 2016, based on a series of structural reforms which the Government undertook in the last two years.
New Delhi: The Union Cabinet has approved a memorandum of understanding (MoU) between India and Singapore, aimed at boosting innovation, creativity and technological advancement in both regions by enhancing bilateral cooperation activities in the arena of industrial property rights of patents, trademarks and industrial designs.
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has cleared a new indirect tax network (systems integration) called Project SAKSHAM, which will help in swift progress towards implementation of Goods and Services Tax (GST) in the country.
Mumbai: Druva Incorporation, a data protection firm, has received US$ 51 million in a funding round led by its existing investor Sequoia Capital India along with new investor EDBI which is the investment arm of the Singapore Economic Development Board (EDB).
Chennai: American e-commerce giant Amazon has announced that it has opened two new fulfilment centres at Chennai and Coimbatore in Tamil Nadu, with a view to empower thousands of small and medium enterprises (SMEs) which would help them to leverage the growth of digital economy and reach a wide customer base.