Total cotton consumption in India is likely to increase to 313 lakh bales in the current crop season as compared to 312 lakh bales during the previous year, according to the Cotton Corporation of India (CCI). The acreage under cultivation could decrease by 12 per cent to 105 lakh hectares but pro…
Tech start-ups & academia: How Indian Institute of Science is showing the way
The technology industry has had a long standing relationship with the academia with the latter’s breakthrough research activities forming the framework for commercially viable products and services that find a ready market. A similar budding alliance is now being forged between Indian tech start-…
Small sellers get new tools at Amazon
Bengaluru: Online marketplace Amazon India has expanded the scope of Amazon Service Providers Network (ASPN) by increasing the number of services to 10 from three to woo small sellers to boost their sales on the platform. The services, which include imaging, advertising and logistics, has seen 45…
Microsoft buys AI start-up Maluuba with deep learning, natural language chops
Microsoft announced a deal to buy Maluuba, a Montreal startup focused on making machines able to think the way people do. Bringing on board Maluuba Co-Founders Kaheer Suleman and Sam Pasupalak, along with their team from the startup, was intended to accelerate Microsoft’s “ability to …
Govt in talks with start-ups to push contactless payment
The government is in talks with technology providers to encourage the adoption of new cashless technologies such as contactless payments that use sound waves and near-field communication. “We are looking at a lot of new technologies that enable cashless transactions with less investment on infras…
Kratikal Tech raises close to $500k in seed funding
Cybersecurity start-up Kratikal Tech Pvt. Ltd. on said it has raised seed funding from former Director of Microsoft India Praveen Dubey, along with Amajit Gupta, former managing director Juniper Networks India and J.P. Bhatt, Chief Executive of ImpactQA. Kratikal has raised close to $500,000, sai…
Budget2017: A wishlist from India’s start-up entrepreneurs
This year’s Budget to be announced next month is expected to be a big one for startups which are reeling under the impact of demonetisation. The government may announce a string of initiatives to support them, including widening of the tax-free regime to five years from three years and faster pro…
Arun Jaitley looks to break deadlock at GST meeting on 16 January
Finance Minister Arun Jaitley will on 16 January look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April. The all-powerful GST Council, headed by Jaitley, will meet for the nint…
Budget2017: नकदी में बड़ा लेन-देन रोकने को कैश टैक्स लाने की तैयारी में सरकार
आगामी आम बजट में केंद्र सरकार डिजिटल पेमेंट की मुहिम को बढ़ावा देने की दिशा में एक बड़ा कदम उठा सकती है। माना जा रहा है कि बैंक अकाउंट से एक तय सीमा से ज्यादा कैश निकालने पर ‘कैश टैक्स’ लगाया जा सकता है। गौरतलब है कि वित्त वर्ष 2017 का आम बजट 1 फरवरी […]
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GOOD NEWS: एक्सपोर्ट में लगातार चौथे महीने तेजी, घट गया व्यापार घाटा
एक्सपोर्ट के मोर्चे पर भारत के लिए अच्छी खबर आई है। भारत के निर्यात में दिसंबर में लगातार चौथे महीने सुधार हुआ है। दिसंबर 2016 में एक्सपोर्ट 5.72 फीसदी बढ़कर 23.9 अरब डॉलर रहा जबकि पिछले साल दिसंबर में निर्यात 22.6 अरब डॉलर था। वहीं दिसंबर महीने में आयात भी 0.46 फीसदी बढ़कर 34.25 अरब […]