Friday, March 25, 2022

Labour market witnesses uneven recovery in January

Payroll data from the Ministry of Statistics and Programme Implementation, released on Friday, show the net new subscriber addition under the EPFO in January at 1.52 million, or 20.6% more than the previous month's addition of 1.26 million. Net new subscribers under ESIC fell by 16.2% to 1.28 million from 1.53 million in December 2021.

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Airtel to acquire Vodafone's 4.7% stake in Indus Towers

Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing. The transaction will be executed at a price of Rs 187.88 per share.

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GAIL's Sanjay Kumar is new IGL chief

Executive director of GAIL, Sanjay Kumar, has taken over as the managing director of Indraprastha Gas Ltd (IGL), the country's largest natural gas distribution company operating CNG and PNG services in 30 districts across three states and the national capital.

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Thursday, March 24, 2022

Apple, Samsung drive 32-fold jump in smartphones export in 4 yrs to top $5bn



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Indian Oil to raise petrol, diesel prices from Friday



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Govt to move amendments to Crypto tax rules today

Finance minister Nirmala Sitharaman will in all propose 39 changes to the Finance Bill, which will be taken up for consideration and passage in the Lok Sabha on Friday, an official privy to the development told ET.

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Disastrous to revert to old pension scheme: SBI research

Recently, state governments of Rajasthan and Chhattisgarh have reverted to the old pension scheme where current revenues fund pension benefits.

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Govt promises full support to wheat exporters as Ukraine-Russia war rages

In a virtual meeting held on Thursday, union minister for commerce, industries and food Piyush Goyal assured exporters that the railways would provide better connectivity to the ports and ensure enough availability of railway rakes for wheat exports, said people who attended the meeting.

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'Centre to procure excess stocks of raw rice from Telangana'

Union food minister Piyush Goyal on Thursday assured that the Centre will procure excess stocks of raw rice from Telangana as per the quality specified by the Food Corporation of India. The assurance came from Goyal after a delegation of TRS leaders met Goyal in Parliament over the issue of procurement of rice from Telangana.

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