BUSINESS
Global Chromebook market grows by over 4 times, HP leads
HP maintained top spot in the market with 3.5 million units shipped, up 235 per cent year-on-year. Lenovo placed second in the Chromebook market, having managed to greatly ramp up production to hit 2.8 million units for a massive 1,766 per cent growth," according to the report by market research firm Canalys.
GST fraud of Rs 940 cr busted, 340 bogus firms under lens
According to CyPAD, as many as 340 bogus companies suspected to be involved in fake business transactions are under the scanner. Police said that in order to generate the GST number, the fraudsters used fake or stolen PAN and Aadhaar cards. They have registered fake firms on GST portal and also procured multiple SIM cards on fake documents.
Union Budget 2021 highlights: Budget focuses on healthcare and Infrastructure, says Finance Minister Nirmala Sitharaman
The finance minister is likely to provide more funds for crucial areas like healthcare, job creation and Micro Small and Medium Enterprises (MSMEs). The current fiscal year is likely to witness a net GDP contraction by 7%. However, the GDP is expected to grow by 11% in FY22 making it the world's fastest-growing economy after coronavirus pandemic, according to the Economic Survey for 2020-21.
January GST collection at nearly Rs 1.2 lakh cr
Out of the total GST collection, CGST was Rs 21,923 crore, SGST was Rs 29,014 crore, IGST was Rs 60,288 crore (including Rs 27,424 crore collected on import of goods) and cess was Rs 8,622 crore (including Rs 883 crore collected on import of goods), a Finance Ministry statement said.
Rajya Sabha Budget Session's first phase curtailed by 2 days
The decision was taken in the Parliamentary Affairs Committee meeting chaired by the upper house's Chairman M. Venkaiah Naidu. Leaders of all political parties unanimously decided that the first part of the budget session would be conducted by February 13 so that the Parliamentary Committees attached to the Ministries and Departments can inquire into their demands for grants.
Amazon expands regional reach with services for sellers in Kannada
This includes everything from registering as an Amazon seller for the first time, to managing orders, inventory management and accessing performance metrics -- all in the language of their preference. The launch in Kannada is followed by the recently launched seller registrations and account management services in Hindi and Tamil, which saw over 50,000 new Amazon sellers sign up on the Amazon.in marketplace in a language of their convenience.
Union Budget 2021: Here is what the common man expects from Finance Minister Nirmala Sitharaman
India would hope for a good recovery after taking a huge hit from the COVID crash. But ever since the economy has stepped back, stock markets and corporations are making big moves to revive it as soon as possible. The common man is also looking at the economic progression optimistically. The expectation is for a tax-payer friendly budget after the introduction of two vaccines for Covid-19.
Union Budget 2021: What does India Inc expect from Finance Minister Nirmala Sitharaman
Ahead of the budget, numerous corporates, business owner and experts have given their opinions and expressed their expectations from the upcoming budget. A Deloitte Survey recently summed up the expectations of India Inc in the run-up to the Union budget. It said that the majority of India Inc expects the Union budget to focus on boosting infrastructure while offering simpler tax regimes to promote ease of doing business.
Budget 2021: Rural poor, farmers' progress to be government's priority
The government also took care of a large population of the country related to agriculture and farming and enacted new laws to intensify the winds of improvement in the agricultural sector. The Budget 2021-22 is going to be presented in Parliament on Monday, amid wrangling over agricultural reform.
Investment of Rs 1.88 trillion in UP in past 3.5 years
Infrastructure and Industrial Development Commissioner Alok Tandon said that the increased pace of investments, especially during the past year amid the Covid-19 pandemic, was due to the policy interventions made by the government He said that Chief Minister Yogi Adityanath had pushed for policies related to at least 12 different sectors. Around 186 changes have been brought about.
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