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BossPocket Technology opens doors to the future of business starting Jan 1, 2021

UPDATED ON DEC 30, 2020 04:37 PM IST
BossPocket® is a marketplace-based company, which is run by professionals for local vendors who want to add to the portal and purchase the respective services.
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While calculating the turnover threshold, sales from GST exempt goods and zero rates supply would not be included(PTI)
While calculating the turnover threshold, sales from GST exempt goods and zero rates supply would not be included(PTI)

Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash

By Press Trust of India | Posted by Ayshee Bhaduri | New Delhi
PUBLISHED ON DEC 23, 2020 03:48 PM IST
The Central Board of Indirect Taxes and Customs has introduced Rule 86B in Goods and Services Tax (GST) rules which restricts use of input tax credit for discharging GST liability to 99 per cent.
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Speaking at the launch event, Yediyurappa said Karnataka is a forerunner state when it comes to providing an investor-friendly ecosystem for the business community and various stakeholders.(PTI)
Speaking at the launch event, Yediyurappa said Karnataka is a forerunner state when it comes to providing an investor-friendly ecosystem for the business community and various stakeholders.(PTI)

Karnataka govt launches affidavit-based approval system to assist business

By Asian News International | Posted by Nilavro Ghosh | Bengaluru
PUBLISHED ON DEC 22, 2020 01:15 PM IST
ABAS is launched as a part of the amended Karnataka Industrial (Facilitation) Act and will enable investors to establish a business without multiple clearances for the first 3 years.
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Here’s a look at the new rules before their rollout on January 1, 2021.(File photo)
Here’s a look at the new rules before their rollout on January 1, 2021.(File photo)

Mandatory FASTags, Quarterly GST filing and WhatsApp services: Rules that are changing from Jan 1

By hindustantimes.com| Edited by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON DEC 31, 2020 10:29 AM IST
From tomorrow – January 1, 2021, some rules on quarterly GST filing, mandatory FASTags and discontinuation of WhatsApp services on some phones are going to change. Here’s a look at the new rules before their rollout on January 1, 2021.
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People are working at Tripura college student’s LED manufacturing unit.(HT)
People are working at Tripura college student’s LED manufacturing unit.(HT)

Tripura’s college student starts business, provides employment to people during pandemic

By Priyanka Deb Barman | Hindustan Times, Agartala
UPDATED ON DEC 20, 2020 11:57 AM IST
Meet Rohit Bhattacharjee, a second year student of English Honours, who started a unit of LED bulb manufacturing at Mahaprabhu Sarani in Dharmanagar sub division of North District.
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Meet serial entrepreneur Jai Sharma, who has helped over 124,000 businesses worldwide to succeed

UPDATED ON DEC 09, 2020 06:57 PM IST
He has won numerous awards across the world for his inevitable contribution to the startup industry and was honoured as a speaker at several prestigious international events.
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Indian electric vehicle (EV) market could be worth around Rs 14.42 lakh crore if the country were to achieve its 2030 EV ambitions but would need cumulative investment of about Rs 12.50 lakh crore for the same, according to a study by CEEW Centre for Energy Finance (CEEW-CEF).(Bloomberg/ Representational)
Indian electric vehicle (EV) market could be worth around Rs 14.42 lakh crore if the country were to achieve its 2030 EV ambitions but would need cumulative investment of about Rs 12.50 lakh crore for the same, according to a study by CEEW Centre for Energy Finance (CEEW-CEF).(Bloomberg/ Representational)

Rs 12.5 lakh crore investment needed to realise India’s 2030 electric vehicles targets, says study

By Press Trust of India| Posted by Mallika Soni | New Delhi
PUBLISHED ON DEC 08, 2020 04:05 PM IST
According to the study, an initiative of think tank Council on Energy, Environment and Water (CEEW), although at the end of March 2020 the total number of registered EVs in India stood at only half a million, the cumulative EV sales in all vehicle segments could cross over 100 million units by FY30, 200 times its current market size.
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India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said.(Sanjeev Verma/HT photo)
India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said.(Sanjeev Verma/HT photo)

News updates from Hindustan Times at 1pm: India to spend money, not worry about widening fiscal gap, says Nirmala Sitharaman and all the latest news

By hindustantimes.com | Hindustan Times, New Delhi
PUBLISHED ON DEC 08, 2020 12:48 PM IST
Here are today’s top news, analysis and opinion at 1pm. Know all about the latest news and other news updates from Hindustan Times.
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India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said(Sanjeev Verma/HT PHOTO)
India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said(Sanjeev Verma/HT PHOTO)

Nirmala Sitharaman says India is not worried about widening fiscal gap, will step up spending

By Bloomberg | Posted by Ayshee Bhaduri
UPDATED ON DEC 08, 2020 12:30 PM IST
Nirmala Sitharaman, who reviews government expenditure every 15 days, said she will will push state firms to accelerate spending. Economists see the additional spending, along with falling tax revenue, pushing India’s budget gap wider to 8% of GDP in the current financial year
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Asian share markets began the new month with a bang, buoyed by the prospect of a Covid-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support.(Reuters/ File photo)
Asian share markets began the new month with a bang, buoyed by the prospect of a Covid-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support.(Reuters/ File photo)

Asian shares extend gains on recovery hopes, following stellar November

By Reuters | Posted by Mallika Soni | Reuters
PUBLISHED ON DEC 01, 2020 01:25 PM IST
China’s blue-chip CSI300 index jumped to be 1.56% higher on Tuesday, after a business survey showed on Tuesday activity in China’s factory sector accelerated at the fastest pace in a decade in November.
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TMC MP Abhishek Banerjee, nephew of West Bengal Chief minister Mamata Banerjee questioned PM Modi and BJP in his first public meeting in 8 months.(PTI)
TMC MP Abhishek Banerjee, nephew of West Bengal Chief minister Mamata Banerjee questioned PM Modi and BJP in his first public meeting in 8 months.(PTI)

News updates from Hindustan Times at 9pm: TMC MP Abhishek Banerjee attacks PM Modi, BJP over border row with China and all the latest news

By hindustantimes.com | Hindustan Times, New Delhi
PUBLISHED ON NOV 29, 2020 08:45 PM IST
Here are today’s top news, analysis and opinion at 9pm. Know all about the latest news and other news updates from Hindustan Times.
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During April-September 2020, India attracted FDI worth USD 7.12 billion from the US, the DPIIT (Department for Promotion of Industry and Internal Trade) data showed.(Reuters/ File photo)
During April-September 2020, India attracted FDI worth USD 7.12 billion from the US, the DPIIT (Department for Promotion of Industry and Internal Trade) data showed.(Reuters/ File photo)

US second biggest FDI source for India during Apr-Sep 2020

By Press Trust of India| Posted by Mallika Soni | Press Trust of India
PUBLISHED ON NOV 29, 2020 04:09 PM IST
During April-September 2020, India attracted FDI worth USD 7.12 billion from the US and USD 2 billion from Mauritius, the DPIIT (Department for Promotion of Industry and Internal Trade) data showed.
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Britain's Prime Minister Boris Johnson(Reuters)
Britain's Prime Minister Boris Johnson(Reuters)

UK’s $648 billion debt-sale plan more than double last record

By Bloomberg | Posted by Mallika Soni
UPDATED ON NOV 25, 2020 10:53 PM IST
The surge in borrowing reflects the mounting cost of widespread lockdowns, which have shuttered businesses, kept workers at home and tipped the economy into its deepest recession in three centuries. It will also add to the government’s two-trillion-pound debt load and risks weighing on the market.
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The consecutive rise in weekly claims shows that the resurgent coronavirus threatens to stall an economic rebound that was already moderating from a breakneck pace in the third quarter. Some economists predict a contraction in gross domestic product the first three months of 2021.(Reuters/File photo)
The consecutive rise in weekly claims shows that the resurgent coronavirus threatens to stall an economic rebound that was already moderating from a breakneck pace in the third quarter. Some economists predict a contraction in gross domestic product the first three months of 2021.(Reuters/File photo)

US recovery more tenuous as jobless claims rise, incomes fall

By Bloomberg | Posted by Mallika Soni
UPDATED ON NOV 25, 2020 10:36 PM IST
Wednesday’s data indicate the economic rebound is becoming more tenuous amid soaring coronavirus cases, fresh lockdowns and an extended deadlock in Congress over a new stimulus package.
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A subdued dollar spurred gold by making it cheaper for those holding other currencies.(Reuters)
A subdued dollar spurred gold by making it cheaper for those holding other currencies.(Reuters)

Gold gains as weak US jobless data stems Wall Street optimism

By Reuters | Posted by Mallika Soni | Reuters
PUBLISHED ON NOV 25, 2020 09:40 PM IST
Wall Street opened flat on signs of the slowdown in the labour market recovery, in contrast to the record runs seen in global equities as encouraging developments on Covid-19 vaccines and a smooth White House transition bolstered bets on a swifter economic rebound.
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The Dow Jones Industrial Average climbed to 30,000 for the first time, led by a 5% rally in Boeing Co. The S&P 500 jumped more than 1%(Reuters)
The Dow Jones Industrial Average climbed to 30,000 for the first time, led by a 5% rally in Boeing Co. The S&P 500 jumped more than 1%(Reuters)

Wall Street traded in record territory as Biden Transition begins; Oil surges

By Bloomberg | Posted by Mallika Soni | New York
UPDATED ON NOV 25, 2020 12:01 AM IST
The Dow Jones Industrial Average climbed to 30,000 for the first time, led by a 5% rally in Boeing Co. The S&P 500 jumped more than 1%.
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The Supreme Court on Tuesday sought a response from the Centre on a petition seeking fixation of uniform ceiling on the RT-PCR test for detection of Coronovirus disease (Covid-19) across the country.(Sonu Mehta/HT photo)
The Supreme Court on Tuesday sought a response from the Centre on a petition seeking fixation of uniform ceiling on the RT-PCR test for detection of Coronovirus disease (Covid-19) across the country.(Sonu Mehta/HT photo)

News updates from Hindustan Times at 9pm: SC seeks Centre’s response on petition to fix uniform rate for RT-PCR test and all the latest news

By hindustantimes.com | Hindustan Times, New Delhi
PUBLISHED ON NOV 24, 2020 08:39 PM IST
Here are today’s top news, analysis and opinion at 9pm. Know all about the latest news and other news updates from Hindustan Times.
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Airline revenue this year will plunge 60 percent as a result of the coronavirus pandemic which threatens the survival of the industry, the International Air Transport Association (IATA) said.(Reuters)
Airline revenue this year will plunge 60 percent as a result of the coronavirus pandemic which threatens the survival of the industry, the International Air Transport Association (IATA) said.(Reuters)

Coronavirus crisis to cut airline 2020 revenues 60%: IATA

By Agence France-Presse | Posted by Mallika Soni | Agence France-Presse
PUBLISHED ON NOV 24, 2020 05:48 PM IST
“The Covid-19 crisis threatens the survival of the air transport industry,” with 2020 likely to go down in history as its “worst” year ever, IATA said.
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A screen on the facade of BSE building displays stock prices.(PTI)
A screen on the facade of BSE building displays stock prices.(PTI)

Markets surge to lifetime highs; Nifty breaches 13,000-mark

By hindustantimes.com | Posted by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON NOV 24, 2020 04:13 PM IST
Sensex zooms 446 points to hit record closing of 44,523; Nifty settles above 13,050
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International Monetary Fund Managing Director Kristalina Georgieva said the most recent data for contact-intensive service industries pointed to a slowing momentum in economies where the pandemic was resurging(REUTERS)
International Monetary Fund Managing Director Kristalina Georgieva said the most recent data for contact-intensive service industries pointed to a slowing momentum in economies where the pandemic was resurging(REUTERS)

Global economy recovery from the coronavirus‘remains difficult’: IMF chief

By Reuters | Posted by Ayshee Bhaduri | Washington
UPDATED ON NOV 19, 2020 07:02 PM IST
In a blog post, IMF Managing Director Kristalina Georgieva hailed what she called significant progress in the development of vaccines, but she cautioned that the economic path ahead remains “difficult and prone to setbacks.”
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Internet Entrepreneur Saurabh Bhatnagar shares his vision of the future of Indian online businesses

UPDATED ON NOV 18, 2020 05:40 PM IST
Internet Entrepreneur Saurabh Bhatnagar felt there was a major space that was empty in the Indian market & he wanted to fill that space.
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A passerby wearing a protective face mask walks past an electronic board showing the graphs of the recent movements of Japan's Nikkei share average outside a brokerage in Tokyo, Japan.(Reuters)
A passerby wearing a protective face mask walks past an electronic board showing the graphs of the recent movements of Japan's Nikkei share average outside a brokerage in Tokyo, Japan.(Reuters)

Nikkei hits 29-year high as vaccine optimism boosts risk appetite

By Reuters | Posted by Mallika Soni | Reuters
UPDATED ON NOV 17, 2020 01:37 PM IST
The Nikkei share average rose 0.42% to 26,014.62, its highest close since May 1991. The broader Topix added 0.15% to 1,734.39, after having slipped into negative territory in morning trade.
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A man wearing a mask against the spread of the coronavirus walks past an electronic stock board showing Japan's Nikkei 225 and other Asian index at a securities firm in Tokyo.(AP)
A man wearing a mask against the spread of the coronavirus walks past an electronic stock board showing Japan's Nikkei 225 and other Asian index at a securities firm in Tokyo.(AP)

Vaccine optimism makes Asian stocks hit record peak; dampens virus fears

By hindustantimes.com | Edited by Mallika Soni | Hindustan Times, New Delhi
UPDATED ON NOV 16, 2020 10:37 AM IST
Japanese economic growth, better-than-expected industrial output in China as well as the signing of the RCEP trade deal are being seen as the major reasons for the rise in Asian stocks.
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Taking into consideration the April-September period, the drop in fleet sales is 77 per cent as compared with last year(Bloomberg)
Taking into consideration the April-September period, the drop in fleet sales is 77 per cent as compared with last year(Bloomberg)

Automakers log dip in fleet sales in July-Sept quarter amid coronavirus pandemic

By Press Trust of India | Posted by Ayshee Bhaduri | New Delhi
UPDATED ON NOV 08, 2020 05:57 PM IST
The fleet segment sales have fallen during the period under review as people were opting for personal mobility options at the cost of shared and public transport in order to maintain distance in the times of the pandemic
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As a part of the five-year agreement, Wipro will manage Fortum’s application portfolio across hundreds of applications for more than 11,500 users across 18 countries.(Hemant Mishra/Mint File Photo)
As a part of the five-year agreement, Wipro will manage Fortum’s application portfolio across hundreds of applications for more than 11,500 users across 18 countries.(Hemant Mishra/Mint File Photo)

Wipro bags five-year deal from Fortum

By Press Trust of India | Posted by Kaleem Ullah Fasihi | Press Trust of India
UPDATED ON OCT 21, 2020 01:08 PM IST
IT services major Wipro on Tuesday said it has bagged an application management (AMS) and services integration and management (SIAM) contract from Fortum, a clean-energy company headquartered in Espoo, Finland.
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A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India. REUTERS/Francis Mascarenhas/Files(REUTERS)
A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India. REUTERS/Francis Mascarenhas/Files(REUTERS)

Equity indices tumble amid weak global cues, banking and IT stocks suffer

By Asian News International | Posted by Kaleem Ullah Fasihi | Asian News International
UPDATED ON OCT 14, 2020 11:07 AM IST
Equity benchmark indices tumbled over half per cent during early hours on Wednesday tracking Asian peers as halted COVID-19 vaccine trials soured investor risk appetite.
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People walk past the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)
People walk past the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)

Mazagon Dock Shipbuilders shares zoom over 49 pc in debut trade

By Press Trust of India | Posted by Kaleem Ullah Fasihi | Press Trust of India
UPDATED ON OCT 12, 2020 12:57 PM IST
Mazagon Dock Shipbuilders made a remarkable debut at the bourses on Monday with shares rallying over 49 per cent from the issue price of Rs 145 per share.
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Entrepreneur Rishiraj Singh Sehgal oversees multiple businesses with Elan

UPDATED ON OCT 09, 2020 05:54 PM IST
He noted that the entrepreneurs need to latch on to several ideas which have hidden potentials.
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It will be finally made available to all taxpayers for B2B transactions from next financial year.(Getty Images/iStockphoto (Representative Image))
It will be finally made available to all taxpayers for B2B transactions from next financial year.(Getty Images/iStockphoto (Representative Image))

E-invoicing is a major GST reform for ease of doing business: Finance Secretary

By Asian News International| Posted by Susmita Pakrasi | New Delhi
PUBLISHED ON OCT 09, 2020 02:44 PM IST
E-invoicing is currently mandated for businesses having annual turnover more than Rs 500 crore. By January 1 next year, it will be available to taxpayers having a turnover more than Rs 100 crore a year.
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There is ‘Employee Group Rides’ which will enable employees from the same organisation to book rides together to travel to work(HT Photo)
There is ‘Employee Group Rides’ which will enable employees from the same organisation to book rides together to travel to work(HT Photo)

Uber launches employee commute services

By Press Trust of India| Posted by Susmita Pakrasi | Bengaluru
PUBLISHED ON OCT 06, 2020 02:05 PM IST
With Ubers new commute specific options, organisations can create dedicated transport programmes for employees and clients, it said in a statement.
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