Business

New Delhi: The government is seeing investment commitments of about USD 11-12 billion under the newly-launched Semicon 2.0 scheme, IT Minister Ashwini Vaishnaw said  Thursday. The investment interest spans a wide swathe of the semiconductor ecosystem, including equipment, materials, gases, chemicals, assembly, testing, marking and...

New Delhi: Representatives of the All India Petroleum Dealers Association (AIPDA) met senior officials of the Ministry of Petroleum and Natural Gas Thursday to discuss their demand for exemption from the merchant discount rate (MDR) on UPI transactions on fuel sales at petrol pumps. The...

New Delhi: Prime Minister Narendra Modi Thursday pitched India as a trusted alternative for global manufacturing, telling chip industry leaders that his government is taking every step necessary to make the country a preferred semiconductor destination. The world is looking for new and trusted manufacturing...

Bengaluru: Finance Minister Nirmala Sitharaman said Wednesday that decisions on taxation of the digital economy required examining their implications for India, other jurisdictions, and future investment. In her address at an event organised by the International Tax Research and Analysis Foundation (ITRAF) here, the Finance...

Koraput/Sunabeda: The Department of Agriculture, Central University of Odisha (CUO), Koraput, in collaboration with the International Potato Center (CIP), Peru, organised a Potato Innovation and Technology Demonstration Programme on the university campus. The programme focused on emerging technologies in potato seed production, protected cultivation, research...

New Delhi: A Public Interest Litigation (PIL) has been filed in the Supreme Court challenging the Centre’s recent framework permitting Merchant Discount Rate (MDR) on specified high-value Unified Payments Interface (UPI) transactions above Rs 2,000, alleging that the move is arbitrary, discriminatory and imposes a...

New Delhi: The government is likely to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme to boost exports, a senior official said Wednesday. The scheme was extended in April this year for six months till September 30. The official said the...

Thimphu: External Affairs Minister (EAM) S Jaishankar Wednesday held talks with Bhutan's Foreign Minister Lyonpo D N Dhungyel in Bumthang, reviewing the wide-ranging cooperation between both neighbouring countries. "Delighted to meet FM Bhutan Lyonpo D. N. Dhungyel and jointly review our wide-ranging cooperation. Thank him...

Mumbai: Market benchmark indices Sensex and Nifty rebounded Wednesday on value buying after falling sharply in the previous session, with bank stocks driving the rally in equities. The 30-share BSE Sensex climbed 332.63 points, or 0.45 per cent, to settle at 74,336.45. During the day,...

New Delhi: Prime Minister Narendra Modi has decided to prostrate before US President Donald Trump and give a huge amount of money to America, Congress leader Rahul Gandhi alleged Wednesday and demanded a rollback of the government's decision to levy a fee on UPI payments....