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According to the Gems and Jewellery Export Promotion Council, off-take by China as well as Hong Kong has come down by 10 per cent since the outbreak.

Business

Discretionary goods see rise in festive demand

The demand for discretionary categories has improved month-on-month even in August and is now closer to 2019 levels

12 Oct 2021 7:23 AM IST

Business

Nirmala Sitharaman embarks on week-long US visit to attend G-20, World...

During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen

11 Oct 2021 1:26 PM IST

Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)

Business

India's poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM IST

Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could top up their taxes to the 15% minimum, eliminating the advantage of shifting profits.

Business

What is the global minimum tax deal that India, 135 other nations have...

The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract...

9 Oct 2021 1:29 PM IST

The demand for refills has come down significantly from these sections indicating how consumers are shunning LPG and switching back to age-old methods of using firewood and kerosene for cooking purposes. Representatonal Image. (PTI)

Business

LPG price hiked by Rs 15 per cylinder

Simultaneously, petrol price was increased by 30 paise per litre and diesel by 35 paise a litre

6 Oct 2021 10:45 AM IST

$\I do not want every Tom, Dick and Harry to collect money. Is there any state control over this collection of funds via crowdfunding? We should know where the money is going,\ the court said. (RepresenAFP Photo)$ Business

Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

6 Oct 2021 7:28 AM IST

Globally, 54 per cent women lost their jobs during the Covid pandemic, said Columbia University Medical Centre Public Psychiatry Education Director and Clinical Psychiatry Associate Professor Dr Stephanie M. Le Melle on Saturday. (Photo:PTI)

Business

Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

6 Oct 2021 7:22 AM IST

$This rapid growth in the payment systems, inter-alia, has been facilitated by a series of measures taken by the Reserve Bank of India,\ the central bank said in a statement on furthering digital payments. (Representational image)$ Business