Author: News Desk

A new milestone for Delhi. Delhi to become India’s EV capital. 25,890 EVs sold in the first six months of 2022. Higher rate than previous years. EVs accounted for 9.3% of all vehicle sales till June. 30 Up from 5.6% recorded in the whole of 2021.

The GST collection in June was Rs 1.45 trillion.56 percent to Rs 1.45 trillion.Experts say the GST system is sustainable. It is the Second highest grosser ever. In May 2022- Total e-way bills was 73 million.Economic recovery was reflected in GST.The action against fake billers has been positive. 25,306 crore central GST out of total GST 32,406 crore state GST and 75,887 crore integrated GST 11,018 crore from cess Gross cess collection highest since GST

Indian startups to set a ‘big long trend’: Girish Mathrubootham. Indian startups building global products will be the new trend. Mathrubootham is the CEO and founder of Freshworks. It’s a great time to be an entrepreneur in India, he said. SAAS startups have more than doubled since 2018. An opportunity for SAAS startups to build new products. Startups should focus on hiring the right talents. They should also make the right decisions, he added. Freshworks now has more than 5,000 employees globally.

The world’s 500 richest billionaires lost $1.4 trillion in half-year. The steepest six-month drop for the billionaire class. Elon Musk’s fortune was reduced by almost $62 billion. Jeff Bezos’ wealth cut down by about $63 billion. Zuckerberg’s net worth slashed by more than half. This is due to the raising interest rates to fight inflation. Despite the loss, Musk is the world’s richest person. His net worth is 4208.5 billion .Amazon’s Bezos with a $129.6 bn net worth comes second.

McDonald’s India announced the launch of its first all-women drive-thru restaurant in Ekta Nagar, Gujarat.The new restaurant is located in the vicinity of the Statue of Unity.It will be operated by Westlife Development, McDonald’s India’s franchise partner.Westlife Development employed 28 women from nearby villages.They are trained as per FSSAI guidelines on all the necessary safety, hygiene and other restaurant procedures.With this launch, Westlife now operates 45 McDonald’s restaurants in Gujarat.

Kerala bags the top performer award for the third time in the startup ranking by the Center. Chief Minister Pinarayi Vijayan said that giving this honor to the country is an assurance that the start-up sector in Kerala is moving in the right direction. The government aims to launch 15,000 startups by 2026 Telangana, Kerala, Maharashtra and Odisha are the top performing states from category A. Gujarat and Karnataka top in Developing Startup Ecosystem category The states of Tamil Nadu, Uttarakhand, Uttar Pradesh, Punjab and Assam have made it to the third tier. The startup ranking of states has been…

Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions. The decision taken at the GST Council meeting.The announcement was made by Finance Minister Nirmala Sitharaman.Packaged food to be costlier. 5% GST slab in fish, curd, paneer, honey etc 12% GST on hotel rooms above ₹ 1000 per day 5% rate for Non-ICUs with ₹ 5,000 per day 18% GST on bank checkbooks

Toyota Kirloskar Motor launched the Urban Cruiser Hyryder SUV.Toyota’s first mass-market hybrid car in India.It will be manufactured at a Toyota plant in Karnataka. The new variant to fight three challenges.Pollution, crude oil import, and rising fuel charges. The auto major considers hybrid cars as a viable option in India now.The main reason is the availability of infrastructure. Also, electric vehicles are costly

Kerala Startup Mission (KSUM) and Central University of Kerala (CUK), Kasaragod, to work together. They will explore the possibility of an Incubation Centre at the university. This will support the startup ecosystem in Kerala’s northern districts. An MoU for the same will be signed soon. An outcome of the recent Rural India Business Conclave held in Kasaragod. The proposal envisages making the labs of CUK available for startups. This will be during the initial days of startups Startups will also get mentorship from the university’s academic experts. The university also plans to conduct a study on Kerala’s startup ecosystem.

Climate Change has been one of the global pressing issues for a long time. The whole world is battling the phenomenon in various ways. Startups are also doing their bit to tackle this issue. Here are five environment-friendly Indian startups. 1. Phool.co This is India’s first biomaterial startup and a fragrance-focused wellness model. This flower recycling Kanpur-based startup was established in 2017 by engineering graduates Ankit Agarwal and Prateek Kumar. It uses floral waste to make patented natural fertiliser and charcoal-free luxurious incense merchandise. The startup claims it averts 13 tonnes of waste flowers and poisonous chemical substances from reaching…