Page 6 - Raghav Aggarwal

CII says reducing dependence on China 'critical' for electronics industry

It recommended the government to come up with revised electronic components production-linked incentive schemes with higher incentives in the range of 35-40 per cent to reduce dependence on imports

Budget: Special unit of 'cyber commandos' on Home Ministry's 100-day agenda

MHA also working on launching a mobile application called 'Cyberdost' for reporting and alerting users about cybercrimes

25 Indian startups drop out of Hurun India Future Unicorn Index 2024

Funding winter shows, cheetahs too lose steam

Increase capex, simplify taxes, bring more PLI schemes: India Inc to FM

Sanjiv Puri, president of the Confederation of Indian Industry (CII), suggested that the capex spending should be increased by 25% over the revised estimate of 2023-24

70% CEOs ramping up tech investments to improve biz in next 1 year: Report

EY's CEO Outlook Pulse Survey 2024 said that 80 per cent of the CEOs surveyed were optimistic regarding their companies' revenue prospects

Financial watchdog imposes Rs 18.82 cr penalty on crypto exchange Binance

World's largest cryptocurrency exchange violated India's anti-money laundering regulations, says Financial Intelligence Unit

Over 50% gaming cos saw revenue stagnate or dip after 28% GST norm: Report

The impact of the new GST norm was also seen in the employment in these companies. According to the report, as many as 10 of these companies faced "significant headwinds" on job creation

Goods demand slowing, global growth outlook likely to weaken: Report

Global retail sales were 'well below' pre-Covid trend observed between 2017 and 2019, it says

WeWork gets CCI nod to sell stake in local unit, exit Indian market

Deal value not revealed; regulator expected to release detailed order is likely later

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

The PHDCCI said that the slab of 30 per cent income tax should be raised to the income of Rs 40 lakh and above. Below this, the body said, the tax rate should be kept at 20-25 per cent

Rents in India have increased by up to 64% in last five years: Report

Housing supply slowed down rent growth in major cities in first quarter of FY24, says real estate consultancy Anarock

What will Indians do for jewellery amid high gold prices? Agency answers

Consumers are expected to remain watchful of price movements, says ICRA

Outages, low voltage, fires: Delhi fights power woes with trippy ACs, water

This year, by June 12, the national capital has reported over 339 cases of fires

Bring petroleum products, realty, and electricity under GST: CII President

Puri said that the capital gains tax must also be rationalised as part of the 14-point agenda for the new government

Real estate 'popular hedge' against inflation in last two years: Report

Investors can leverage real estate assets to borrow funds for further real estate acquisitions, says Anarock

Will extension of PMAY revive affordable housing in India? Experts weigh in

This comes when the affordable housing sector has been struggling due to higher demand for bigger, costlier homes in India

Almost 99% of ministers in third Modi govt are crorepatis: Report

28 of the 71 ministers have criminal cases against them, according to the Association for Democratic Reforms

Ficci appoints Jyoti Vij as new director general with immediate effect

In another development, Shailesh Pathak, secretary general, Ficci has resigned citing personal reasons

Ultra-luxury housing in India sees shift to ultra-customised marketing

Prestige Group, a leading real estate developer, is targeting ultra-luxury buyers using the "by appointment" method

India Inc calls for bolder, progressive reforms as PM Modi begins 3rd term

Business leaders are also holding high hopes from the upcoming Union budget