Anecdotal evidence suggests that prior to the setting up of Government e-Marketplace (GeM), the government's procurement prices were much higher than the prices prevailing in the market and there were constant complaints about inefficiency and rent seeking....
India needs to be wary of imported inflation from elevated energy prices, said the Economic Survey 2021-22. ...
Adani Total Gas Ltd (ATGL), a joint venture between Adani Group and TotalEnergies, said on Monday that it has won licences to expand its City Gas Distribution (CGD) network to 14 new 'Geographical Areas'....
The contract between the Bengaluru Metro Rail Corporation Limited (BMRCL) and China's CRRC Corporation Ltd's subsidiary -- Nanjing Puzhen Co. Ltd -- of supplying 216 metro coaches at a cost of Rs 1,578 crore has run into problems. The BMRCL is getting ready to act on the inordinate delay in the supply of coaches, according to Karnataka gov...
Nearly 60 per cent of the increase in revenue expenditure during 2020-21 was due to increase in major subsidies. The major subsidies registered a growth of over 200 per cent in 2020-21 over 2019-20, Economic Survey 2021-22 said. ...
Among the various factors which may have led to a big increase in corporate tax collection, improved profitability of the corporates, formalisation of the economy and improved compliance due to tax reforms are noteworthy, the Economic Survey for 2021-22 noted. ...
Centre approves Tata Steel Long Products bid to buy Neelachal Ispat Nigam...
Ahead of the Union Budget, which will be presented in the Parliament on Tuesday, real estate developers in West bengal are looking forward to a positive and vibrant Budget from Finance Minister Nirmala Sitaraman. ...
India now has 83 unicorns, most of which are in the services sector and 44 startups achieved the unicorn status (values more than $1 billion) last year, the Economic Survey 2021-22 said on Monday. ...
The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22. ...
