The generation of invoices reached 18.32 lakh, valued at more than 54.5 billion rupees, on June 30. An increase in electronic invoices is considered to indicate a rebound in economic activity, as it reflects an improvement in the movement of goods. Invoice…
read moreThe World Bank divides the world’s economies into four income groups: low-income countries, lower-middle, upper-middle and high income countries. The rankings are updated each year on July 1 and are based on the current GNI per capita in USD (using the exchange…
read moreMore than 80 people have died in clashes with security forces in Ethiopia after the murder of the famous singer Hachalu Hundessa. The musician was shot dead by unidentified assailants in the Galan Condominium area of the capital Addis Ababa. The reason…
read moreEffective July 1, all stocks and mutual fund purchases will benefit from a 0.005% stamp tax and any transfer of securities (MF units) will be subject to a 0.015% stamp tax. Last year, the government made changes to the stamp tax law…
read moreZydus has received approval from Indian regulatory authorities to begin human studies for its Covid-19 vaccine, India’s approval for Zydus comes days after Bharat Biotech, a private company, obtained a similar green light for human studies for its vaccine. Zydus will begin…
read moreThese days the purchase of the SPICE 2000 bomb from Israel is in discussion, the same bomb used by the Indian Air Force in the Balakot strike for a distance of 60 kilometers ahead of the Line of Control between India and…
read moreManufacturing activity in India contracted for the third consecutive month in June, but at a much slower pace, as demand and production continued to suffer for three months from shutdowns to curb the spread of the coronavirus. The virus has infected more…
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