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Zee Business: India Economy News

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Unpaid work done by women worth 43-times Apple's annual turnover: Oxfam


Unpaid work done by women across the globe amounts to a staggering USD 10 trillion a year, which is 43 times the annual turnover of the world's biggest company Apple, an Oxfam study said Monday.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/unpaid-work-done-by-women-worth-43-times-apples-annual-turnover-oxfam-81169

India's richest 1% get richer by 39 pc in 2018; just 3 pc rise for bottom-half: Oxfam


Indian billionaires saw their fortunes swell by Rs 2,200 crore a day last year, with the top 1 per cent of the country's richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said Monday.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/indias-richest-1-get-richer-by-39-pc-in-2018-just-3-pc-rise-for-bottom-half-oxfam-81168

Mumbai TDS office issued prosecution notices in 50 'big' cases in past one month: CBDT


The Income Tax department Sunday said its Mumbai TDS office has issued prosecution notices in 50 "big" cases in the past one month where TDS has been deducted but not deposited with the government.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/mumbai-tds-office-issued-prosecution-notices-in-50-big-cases-in-past-one-month-cbdt-81164

Assam start-up incubator aims to support 1,000 units in 5 yrs


Chief Minister Sarbananda Sonowal Sunday inaugurated the 'Assam Start Up the Nest' initiative to facilitate growth of at least 1,000 start-ups over the next five years.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/assam-start-up-incubator-aims-to-support-1000-units-in-5-yrs-81163

Sitharaman launches TN Defence Industrial Corridor


In a major move to boost indigenisation of defence manufacturing, Defence Minister Nirmala Sitharaman on Sunday launched a mega corridor to link leading military manufacturing units in five cities in South India, which entails an investment to the tune of over Rs 3,000 crore.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/sitharaman-launches-tn-defence-industrial-corridor-81161

CAIT to launch campaign to strengthen importance of traders in polls


Traders' body CAIT Sunday said it has decided to launch a nation-wide campaign in order to establish the importance of trading community in the upcoming Lok Sabha polls.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/cait-to-launch-campaign-to-strengthen-importance-of-traders-in-polls-81160

Trade deal could very well happen with China, says Trump


China and the US are currently holding talks to have a major bilateral trade agreement that addresses Trump's concerns about the massive imbalance of trade and theft of American intellectual property by the Chinese.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/trade-deal-could-very-well-happen-with-china-says-trump-81074

India can be USD 5 trillion economy in 7-8 years: Prabhu


Addressing a seminar on exports at Vibrant Gujarat Global Summit here, Civil Aviation Minister Suresh Prabhu said his department had prepared a road map to make this possible by focusing on manufacturing, service sector and agriculture.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/india-can-be-usd-5-trillion-economy-in-7-8-years-prabhu-81066

NABARD estimates Rs 75,612 crore credit potential for Odisha


The seminar was inaugurated by Chief secretary A P Padhi and attended by secretaries of different departments, RBI, SBI, Odisha State Cooperative Bank, Chairmen of RRBs, controlling Heads of Banks and other dignitaries from banking and state government.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/nabard-estimates-rs-75612-crore-credit-potential-for-odisha-81075

Ranjeet Pandey elected as ICSI President


Pandey has more than 15 years of experience in the field of corporate and commercial laws. He is also an insolvency professional.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/ranjeet-pandey-elected-as-icsi-president-81071

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