Industry body CII says Rs 15 lakh crore package required for economic revival

The Confederation of Indian Industry (CII) on Friday said the impact of a prolonged lockdown on the economy is severe and demanded a stimulus package of Rs 15 lakh crore, substantially revising its earlier estimates of Rs 4.5 lakh crore.... Read more

Coronavirus pandemic | Travel industry facing 80% cancellations, seeks relief: Trade body

The Travel Agents Association of India (TAAI) said the hospitality and travel industry is seeing cancellations up to 80 percent in wake of the coronavirus pandemic, especially with the government suspending visas for a month, The Times of India reported.... Read more

Payments industry body warns scrapping MDR will kill them

The budget proposal to remove the merchant discount rate (MDR) will lead to the “collapse” of the payments acquiring industry, a lobby grouping has warned. The move is contrary to various studies, including the Reserve Bank’s vision document released not... Read more

Industry Body Ficci For Hike In Farmer Income Support

NEW DELHI:  The recent slowdown in the economy stem not only from slow investment growth and subdued exports but also from weakening growth in consumption demand, industry body Ficci has told the Finance Ministry. In a pre-Budget 2019-20 memorandum to... Read more

China will keep supporting economy as ‘pressure’ lingers, says top decision-making body

China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, the Communist Party’s top decision-making body said on Friday. The statement from the politburo came two days after China reported had steady 6.4... Read more

New standards for toys will hurt majority of retailers, says industry body

Seeks transition period of 12 to 18 months to comply with it; also demands deferring of enforcement of norms till stakeholders can give suggestions The apex body of retailers in the country, Retailers Association of India (RAI), on Thursday said... Read more

GST: Tamil film industry opposes local body tax; state government in no mood to relent

Nearly 1060 odd screens of cinema theatres across Tamil Nadu have shut down from 3 July to protest against the “double taxation” imposed by the state government. Over and above GST, the Tamil Nadu government has imposed a 30 percent... Read more

Retirement Fund Body Likely To Raise Equity Investments To 15%: Report

Investible deposits of EPFO are close to Rs. 1 lakh crore annually. New Delhi: The trustees of retirement fund body EPFO are likely to raise the investment limit in exchange traded funds (ETFs) to 15 per cent of the investible... Read more

PF Body Defers Decision On Hike In ETF Investments

New Delhi: The board of retirement fund body EPFO on Wednesday deferred the proposal to raise investment in stock market to 15 per cent of its investible deposits from current 10 per cent. “It was proposed to increase investments in... Read more

The Magic of Pull Up Bars for your Upper Body

The Pull Up Bars or Horizontal Bars are primarily for upper body strength where one holds onto the bar and pulls his body up to or above the bar using his arms, and again lowers down his body and continues... Read more