For Crypto Payments, Use Of Digital Tokens Other Than Bitcoin Rising

BitPay was founded in 2011, when few companies accepted digital coins. Consumers and businesses are increasingly starting to use digital tokens other than Bitcoin for purchases, according to BitPay Inc., one of the biggest crypto payments processors in the world. Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed […]

Finance Minister Holds Pre-Budget Stakeholder Consultation With BJP State Representatives

Nirmala Sitharaman thanked all the participants for their important inputs. (File) New Delhi: Union Finance Minister Nirmala Sitharaman held a pre-budget stakeholder consultation with Bharatiya Janata Party (BJP) state representatives belonging to different backgrounds and communities such as industries, professional, business, academicians, economists, women and tribal and backward classes. Representatives from 25 states participated in […]

Telangana Minister Asks Elon Musk To Set Up Shop In State

Telangana industries minister K T Rama Rao has invited Tesla chief Elon Musk to set up shop in the state Hyderabad: A day after Tesla chief Elon Musk tweeted that the electric car major is working through a lot of challenges with the union government to launch its products in India, Telangana industries minister K […]

WEF’s Virtual Davos Summit Begins Tomorrow: PM Modi, Jinping To Deliver Special Addresses

World Economic Forum’s five-day online Davos agenda meet will start tomorrow New Delhi/Davos: The World Economic Forum’s (WEF) five-day online Davos Agenda summit will kick off tomorrow on January 17, with special address by Prime Minister Narendra Modi and Chinese President Xi Jinping to be highlights of the first day. The WEF’s annual meeting, which […]

Gold Imports Surge Two-Folds To $38 Billion In April-December 2021

Gold imports surged during April-December period of 2021 New Delhi: India’s gold imports doubled to $38 billion during April-December period of the current fiscal owing to higher demand and in the process widening the trade deficit, data released by Commerce ministry said. The imports had stood at $16.78 billion during the corresponding period of last […]

IOC To Invest Rs 7,000 Crore In City Gas Distribution Networks

Indian Oil will invest Rs 7,000 crore in setting up city gas distribution networks across country New Delhi: Indian Oil Corporation (IOC) on Sunday said it will invest over Rs 7,000 crore in setting up city gas distribution (CGD) networks in the cities for which it has secured a licence in the latest bidding round. […]

Aviation Turbine Fuel Price Hiked By 4.2%

Avian turbine fuel prices have been hiked for the second time in January 2022 New Delhi: Avian turbine fuel (ATF) or jet fuel price was hiked by 4.2 per cent on Sunday, the second increase in rates this month, undertaken due to firming up of international oil prices, even as petrol and diesel prices have […]

Reliance, L&T, Hyundai Motors Among Bidders For Government’s Battery PLI Scheme

Major companies like Reliance, L&T and Ola have applied for battery making PLI scheme Major entities like Reliance Industries, Larsen & Toubro (L&T), Mahindra & Mahindra, Ola as well as Hyundai Motors are among the 10 companies which have submitted bids under the Rs 18,100 crore production linked incentive (PLI) scheme for battery manufacturing in […]

Swadeshi Jagran Manch Opposes Indian Unicorns’ Direct Overseas Listing

Swadeshi Jagran Manch has opposed Indian unicorns’ direct overseas listing New Delhi: Amid a clamour for allowing direct listing of Indian unicorns in overseas market without listing on domestic bourses, Swadeshi Jagran Manch (SJM) has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the […]

Facing Losses, Tamil Nadu Restaurant Owners Fear Lockdown Amid 3rd Wave

Restaurant owners in Tamil Nadu have urged state government to ease restrictions on dining The kind of impact that Coronavirus pandemic has had on the food and beverages industry in Tamil Nadu, can be gauged from the fact that at least 30,000 restaurants have shut shop in the state in the last two years, owing to curbs on […]

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