The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.
Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
Pakistan has been on the grey list of the Paris-based Financial Action Task Force since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.
This is following revival of demand from the corporate sector and small and medium enterprises (SMEs), even as a nascent economic recovery is taking shape. Credit growth of scheduled commercial banks had accelerated to 9.2 per cent year-on-year (YoY) by the end of December 2021 after breaching the 7 per cent-mark in November, for the first time since April 2020.
This landmark achievement has been made possible by the Centre's sustained, graded and targeted strategies, their effective implementation by states and UTs, dedicated and selfless service of doctors and all other COVID-19 warriors, it said.
While airlines are seeing improved demand and industry-wide seat occupancy has increased to over 60%, it is road trips which are generating higher traction. Booking trends show that customers are also choosing homestays or four- star and five-star accommodations, as hygiene and safety is a priority now.
'In the process, I hope that our Earth will be able to heal some more.'
The coolest moments we won't be forgetting anytime soon.
India can become a better place to do business only when exports begin to boom.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances