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Govt to re-look into provisions of Coffee Act and simplify it: Piyush Goyal

The Union government on Saturday decided to completely re-look into the provisions of the Indian Coffee Act of 1942, and remove those which are restrictive and regulatory to come up with a simple act that suits the current needs of the country’s coffee sector and facilitates its growth, according to an official statement “The present …

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Google abused Android dominance in India, says report

Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s Google reduced “the ability and incentive of device manufacturers to develop and sell devices operating on alternative …

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Gold prices fall throughout week after starting on high note; domestic demand remains weak

Gold prices fell in domestic markets through the week and demand for the yellow metal in India remained low this week despite a fall in prices. Jewellers are hoping the upcoming wedding and festive season will be able to revive demand for the precious yellow metal in the domestic market. “Sentiment is weak. Retail demand …

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Zomato, Swiggy to collect GST for deliveries. What it means for you

Zomato and Swiggy will pay 5 per cent GST as GST is a levy on consumption after the GST Council decided to charge services by cloud kitchens and food delivery platforms. By hindustantimes.com | Written by Meenakshi Ray, New Delhi PUBLISHED ON SEP 18, 2021 06:13 AM IST The GST Council has decided that online …

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Amazon, Microsoft swoop in on $24 billion India farm-data trove

Amazon.com Inc., Microsoft Corp. and Cisco Systems Inc. are among technology giants lining up to harness data from India’s farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry. Prime Minister Narendra Modi’s administration, which is seeking to ensure food security in the world’s second-most populous nation, has signed preliminary agreements …

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India eyes gain from China’s pain in audit of WB rankings

India hopes the massive fraud highlighted in the audit report of Doing Business ranking by the World Bank, which pointed out undue pressure from China to improve its ranking, will help shift manufacturing supply chains to India. World Bank is discontinuing publication of its much sought after Doing Business ranking immediately after an external audit …

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Singh calls out developed world over lack of emissions planning

Ahead of the United Nations’ annual climate change conference COP26 next month, Union power and renewable energy minister Raj Kumar Singh said India would have 66% of its installed power capacity from non-fossil fuels by 2030 even as he criticized developed nations for not doing enough to cut carbon emissions. “We are the only major …

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Sold e-scooters worth ₹1,100 cr in 2 days: Ola

The company offered its first electric scooter range comprising the S1 and S1 Prog models to customers. By Tarush Bhalla, Prasid Banerjee, Livemint, Bengaluru/ New Delhi PUBLISHED ON SEP 18, 2021 01:30 AM IST Ola Electric has sold more than ₹1,100 crore worth of electric scooters during a two-day sale, the electric vehicle company controlled …

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