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This bootstrap edtech company eyes Rs 400 crore turnover in 2022

The group offers courses for preparation for various examinations which include courses for UPSC (CSE/IAS), UPSC ESE/IES, UPPSC/PCS examinations, Defence services examinations which include preparatory courses for CAPF, NDA, Airforce, and Navy, and CDS for IMA and OTA, Examination for Intelligence Bureau (IB), etc.

82% of professionals in India considering job change in 2022

LinkedIn, the leading online professional network, on Tuesday launched new job-seeker research, which revealed that 82 per cent of professionals in India are considering a job change in 2022.

Fraud of the Congress, for the Congress and by the Congress, says Sitharaman on Devas-Antrix issue

The Finance Minister said the government is now fighting in every court to save taxpayers' money that would otherwise go towards paying for arbitration awards that Devas has won against the cancellation of the 2005 deal.

Budget 2022: FADA seeks GST rate cut on two-wheelers to 18% to spur demand

The Federation of Automobile Dealers Association (FADA), which represents over 15,000 automobile dealers having 26,500 dealerships, noted that two-wheelers are not a luxury item and hence GST rates need to come down.

Union Budget 2022: Tax rebates in Budget for realty vital for salaried class

The average ticket size of a home-loan of young borrowers has continued to increase over the last 5 years, with a CAGR of 6.2 per cent. The ticket size continues to increase more for women than men.

India's 10 richest' wealth enough to fund school, higher education of every child for 25 yrs: Study

In its annual inequality survey released on the first day of the World Economic Forum's online Davos Agenda summit, Oxfam India further said that an additional one per cent tax on the richest 10 per cent can provide the country with nearly 17.7 lakh extra oxygen cylinders.

WFH, massive growth of e-gaming propelling storage data industry in India: A market insight

BiWin, a leading manufacturer of storage devices for various top brands, is buoyant of growth of the said industry. BiWin India head Rajesh Khurana explains in detail about the storage device market and catalysts triggering its growth.

WPI inflation eases to 13.56 per cent in December; food items, veggies see price rise

WPI inflation has remained in double digits for the ninth consecutive month beginning April. Inflation in November was 14.23 per cent, while in December 2020 it was 1.95 per cent.  

For new life insurance policy, Covid-recovered people will now have to wait for 3 months

Industry experts said the waiting period for individuals, who have recovered from coronavirus infection, in order to take a new insurance policy has been implemented against the backdrop of high mortality rate related to coronavirus infection.

Parliament's Budget session to begin on January 31, Union Budget on February 1

LIC IPO to hit markets by March; draft papers to be filed with Sebi by January end

LIC IPO is crucial for meeting the ₹1.75-lakh crore disinvestment target set for the current financial year ended March 2022.

RIL signs MoU for investment of Rs 5.95 lakh cr in green energy, other projects in Gujarat

The oil-to-telecom conglomerate will invest Rs 5 lakh crore in the state to set up 100 gigawatts (GW) renewable energy power plant and green hydrogen ecosystem development, the firm said in a statement.

RBI likely to change policy stance, hike interest rates by 100 basis points this year

Despite GDP and industrial growth rates being fragile and volatile, the RBI is likely to start raising the policy rate in the near future by up to 100 bps in 2022.

Retail inflation rises to 5.59% in Dec from 4.91% in Nov: Govt data

As per the data released by the National Statistical Office (NSO), food inflation rose to 4.05 per cent in December this fiscal compared to 1.87 per cent in the preceding month.

Global economic growth likely to derail with COVID, inflation, income inequality: World Bank

In emerging and developing economies, growth is expected to drop from 6.3 per cent in 2021 to 4.6 per cent in 2022 and 4.4 per cent in 2023, the World Bank report stated. 

Centre extends deadline for filing Income Tax returns to March 15

The decision comes as people have been facing difficulties in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961

Centre may hold 35.8% stake in Vodafone Idea as firm decides to convert dues liability into equity

If the plan goes through, then the government will become one of the biggest shareholders in the company which is reeling under a debt burden of about Rs 1.95 lakh crore.

2022 to see rise in adoption of chatbots, hiring in data analytics, growth of fintech: Report

With the rapid tech adoption across industries and entirely tech-enabled sectors such as IT and BFSI, the role of AI and machine learning will only continue to grow in 2022, with a significant increase in the demand for related roles, according to a report by Monster.com, a Quess company. While 2021 has been the year of revival for several industries amid the COVID-19 pandemic, it was also a year of many firsts, said the report.A

Sensex zooms 651 pts; Nifty recaptures 18,000-level

Starting off on a positive note, the 30-share BSE benchmark hit the day's high of 60,427.36, before ending at 60,395.63, higher by 650.98 points or 1.09 per cent.

Microsoft CEO Satya Nadella joins Groww as investor, adviser

The funding round also saw participation from investors like Alkon, Lone Pine Capital and Steadfast. Groww's existing investors Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global and Propel Venture also participated.

India's forex reserves decline by over $1.4 bn

On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.480 billion to $569.889 billion.

India's GDP to grow at 9.2% in 2021-22, to surpass pre-Covid level, says govt data

As per the first advanced estimates of the national income released by the National Statistical Office (NSO) on Friday, a growth is witnessed across sectors.

Sensex rebounds 143 pts; Nifty ends above 17,800

The 30-share index ended 142.81 points or 0.24 per cent higher at 59,744.65. Similarly, the NSE Nifty rose 66.80 points or 0.38 per cent to close at 17,812.70.

Inflation hits 5% in 19 countries using the Euro, highest since 1997

Inflation rose to 5% in December compared with a year earlier, according to Eurostat, the European Union's statistical office. That is the highest level in the eurozone since recordkeeping began in 1997, breaking the record of 4.9% only just set in November.

Jet Airways VP-operations Sudhir Gaur quits, Priyapal Singh replaces him

The grounded airline, which is expected to resume operations this year under its new promoters Murari Lal Jalan-Kalrock consortium, in a regulatory filing clarified that Gaur was not the interim CEO of the company.

Sensex zooms 673 points, Nifty above 17,800

Continuing its winning momentum for the third straight session, the 30-share BSE benchmark opened with significant gains and saw further consolidation as the trade progressed.

What businesses hope for in 2022

At a time when we welcome year 2022 which has too arrived with the third wave looming around, let's take a look at what heads of different business organsations have to say about challenges they faced in 2021 and what they hope for future.

Maruti Suzuki exports over 2 lakh units in 2021; highest ever in a calendar year

The top five export models in 2021 were Baleno, Dzire, Swift, S-Presso and Brezza.