Business

For what and where is PAN used?( PAN) 

( PAN) 

PAN: PAN ( PAN)     i.e. Permanent Account Number (Permanent Account Number), is a unique 10-digit alphanumeric identifier assigned to every taxpayer by the Income Tax Department. It is overseen by the Central Board of Direct Taxes. It also serves as identity verification. PAN is required for many things like …

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Indian Stock Market Faces Significant Downturn

Indian Stock Market

The Indian stock market has experienced a notable decline in recent weeks, with key indices entering bear market territory. The BSE Sensex has fallen approximately 7.5% since mid-December, currently trading around 76,000, a drop of nearly 10,000 points from its peak in September 2024. Small- and mid-cap stocks have been …

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Apple’s Strategic Shift: Expanding iPhone Production in India

iPhone Production

Since 2017, Apple has been in discussions with Indian officials to relocate a portion of its iPhone manufacturing to India, prompted by global trade tensions and the need to diversify production beyond China. Over the past eight years, Apple, along with its suppliers Foxconn and Tata Electronics, has established manufacturing …

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India’s Struggle to Meet Sugar Export Quota

Sugar Export Quota

India has exported up to 500,000 metric tons of sugar this season, struggling to meet its one million tons export quota due to a slowing pace, mill closures in northern India, and poor harvest conditions. Most exports have gone to neighboring countries like Sri Lanka, Bangladesh, Nepal, and Eastern Africa, …

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Prime Minister Modi’s Visit to the United States

Prime Minister Modi's

Indian Prime Minister Narendra Modi is scheduled to visit the United States from February 12 to 13, 2025, following an invitation from U.S. President Donald Trump. The discussions between Modi and Trump will likely focus on immigration, trade, and security, with an emphasis on India purchasing more American-made security equipment …

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Asia’s Shift in Crude Oil Imports

Crude Oil

Asia’s crude oil markets are rapidly adjusting to new sanctions on Russia, leading to significant changes in oil sourcing. India has notably increased its intake of Russian oil, reaching a high of at least 1.71 million barrels per day, while China’s imports have decreased significantly. To compensate, China is increasing …

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Who will meet the shortage of palmolein  ( palmolein )

  ( palmolein )

Mustard oil: Amid the strong trend in foreign markets, the prices of almost all oilseeds closed higher in the country’s oil-oilseeds market on Friday. Malaysia Exchange closed with a gain of 2.32 percent in the afternoon. Apart from this, Chicago Exchange closed strong last night. Market sources said that the …

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Private companies are out( companies) 

( companies) 

BSNL: BSNL has launched two more cheap plans without data on the orders of TRAI. These plans of BSNL come with a validity of 30 and 65 days. Recently, on the instructions of the Telecom Regulatory Authority, telecom companies ( companies)  have launched cheap plans without data for their 2G …

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When was the budget printed in Hindi for the first time?

budget

Finance Minister Nirmala Sitharaman is expected to present the union budget on February 1 for the financial year 2025-26 with proposals containing the Centre’s expenditure, revenues and tax proposals. This will be the second full budget of the NDA government since assuming power for the third time under Prime Minister …

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8th Pay Commission: The 8th Central Pay Commission (CPC) will come into effect from January 1, 2026

8th Pay Commission

8th Pay Commission: The 8th Central Pay Commission (CPC), which will come into effect from January 1, 2026, will revise salaries, pensions, and allowances, benefiting more than one crore central government employees and pensioners. It may come with a fitment factor of 2.86, resulting in a significant increase in monthly …

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