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Website title: India News - Latest & Live Business, Market, Political & Economy News Headlines | BloombergQuint

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Unemployment Rate Dips For Second Month To 5.1% In August: Govt Survey

The unemployment rate for persons aged 15 years and above declined for the second month in a row in August, to 5.1%, according to an a government survey released on Monday.

The unemployment rate was 5.2% in July and 5.6% in both May and June, showed the Periodic Labour Force Survey released by the Ministry of Statistics and Programme Implementation.

The UR was 5....

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Thyrocare Tech Parent Company Proposes Issuing NCDs Worth Rs 1,700 Crore

Thyrocare Technologies Ltd.'s parent company, API Holdings, proposed issuing non-convertible debentures worth Rs 1,700 crore to avail of debt, according to an exchange filing on Monday.

API had initially issued NCDs worth Rs 1,545.38 crore. The proceeds from the new issues will be used to "redeem the existing debentures in full".

Docon Technologies Pvt., which hol...

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Unlocking Global Synergies For Indian Insurance Sector

The Indian insurance sector is poised for its next great leap. The journey towards liberalization began in 2000 and saw a significant turning point with the Insurance Laws (Amendment) Act, 2015, when the foreign direct investment (FDI) in insurers was permitted up to 49%.

However, the latest draft amendments to the Indian Insurance Companies (Foreign Investment) Rules, ...

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'Won't Buy Our Corn': Why US Wants To Sell More Maize, What's Behind India's Refrain

Commerce Secretary Howard Lutnick took a hit at India's most protected sector, agriculture, amid US officials' demand for greater access to Indian markets for American corn.

India, however, does not allow the import of genetically modified corn, and charges a steep 15% duty on maize imports of up to 0.5 mt annually, with quantities beyond that attracting a higher 50% ra...

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Govt Urges E-Commerce Firms To Launch 100-Day ‘GST Bachat Utsav’ Sales From Sept 22

The government has asked e-commerce companies to roll out a 100-day nationwide campaign to spread awareness about GST rate cuts, urging them to reflect savings directly in customer bills.

In a meeting on Monday with leading platforms including Reliance Retail, Amazon, Flipkart, Zepto, Zomato, Blinkit, Paytm, Meesho and Uber, the Department for Promotion of Industry and ...

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