GST Council meet on December 31, to discuss rate rationalisation
NEW DELHI: The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, report of the panel of state ministers on rate rationalisation. This will be a physical meeting, which will also discuss correction in duty inversion in certain goods. The 46th GST Council meeting will be […]
Neither PM nor finance minister know economics: BJP MP
MATHURA: BJP MP Subramanian Swamy here on Monday criticised his party’s government at the Centre, saying neither the PM nor the finance minister know economics. He also held the Union finance minister responsible for the price rise it the country, saying she does not consult anyone. “The government does not understand economics, neither the PM […]
Mamata Banerjee inviting PM Narendra Modi to business meet in Bengal triggers war of words between TMC, Congress
NEW DELHI: A war of words broke out between the Congress and the Trinamool Congress (TMC) on Wednesday after West Bengal Chief Minister Mamata Banerjee invited Prime Minister Narendra Modi to inaugurate a global business meet to be hosted by her government, with the grand old party claiming that the “understanding” between the two parties is […]
India records close to 15% rise in export of agricultural and processed food products in April-October
NEW DELHI: In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21. According to the Quick Estimates released by the Directorate General […]
Bihar will soon have its own Khadi policy
Patna: Bihar Industries Minister Shahnawaz Hussain on Thursday said the state government would soon come out with a Khadi policy to create maximum employment in the state. Talking to reporters here, Hussain said the policy will be finalised after taking suggestions from Khadi Committees in the state. The minister announced the formation of a core […]
Bihar has made extensive use of technology to combat pandemic: Jibesh Kumar
NEW DELHI: The COVID-19 pandemic was one of the worst times in many decades, but one silver lining is that the COVID-19 crisis pushed companies and governments over the technology tipping point—and forever changed business. It has brought about 5 years of change in digitization in just over a year. During the COVID-19 pandemic, technology […]
India spends Rs 17,691.08 crore in 157 new approved Medical Colleges since 2014
NEW DELHI: The Government of India has given a nod to as many as 157 new medical colleges in India since 2014 and has invested a total of Rs 17,691.08 crore on these projects. On completion, nearly 16000 undergraduate medical seats would be added. Of these, 6500 seats have already been created with the functioning […]
Modi government likely to introduce 2 key financial sector bills in winter session
NEW DELHI: The Narendra Modi government may introduce two key financial sector bills, including the proposed law for facilitating privatisation of public sector banks as announced by the finance minister in the Budget. The government is also likely to table amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013, to enable separation […]
India’s Defence Ministry signs Rs 423 crore contract with US for procurement of arms
NEW DELHI: The defence ministry has signed a contract with the US government to procure MK 54 torpedo and expendables such as chaff and flares for the Indian Navy’s anti-submarine warfare aircraft P-8I at a cost of Rs 423 crore, its spokesperson said on Friday. The Indian Navy has a total of 11 P-8I aircraft, […]
India achieves the major milestone of ‘one billion’ Covid-19 vaccinations
NEW DELHI: In a historic achievement, the cumulative COVID-19 vaccine doses administered in the country has surpassed the 100-crore milestone. In a tweet, Prime Minister Narendra Modi congratulated the countrymen and expressed gratitude to the country’s scientific community and health professionals for working towards achieving this stupendous feat. The Union Health Minister Dr. Mansukh Mandaviya […]
PM Narendra Modi holds talks with Danish counterpart
NEW DELHI: Prime Minister Narendra Modi on Saturday held talks with his Danish counterpart Mette Frederiksen with a focus on expanding overall bilateral cooperation in a range of areas including renewable energy and trade and investment. Frederiksen arrived here early this morning on a three-day state visit. “Towards nurturing India-Denmark Green Strategic Partnership!PM @narendramodi welcomes […]
Agri export activities pick up in Jammu & Kashmir and Ladakh
NEW DELHI: With the mandate to promote agri export of Union Territories (UTs) of Jammu & Kashmir and Ladakh, APEDA has scripted new success stories by taking several initiatives to sensitise growers, exporters, state government officials and other stakeholders on the export potential of agricultural products and requirements under the National Programme for Organic Production […]
CVC recommends implementation of ‘Integrity Pact’ in all government procurements
NEW DELHI: The Central Vigilance Commission (CVC) has made the recommendation for implementing the Integrity Pact (IP) in all public procurements by the various Ministries and the Departments. IP helps governments and companies to reduce the high costs and maintain quality control. IP adoption creates public confidence and trust in the decision-making process. In its order […]
Supreme Court asks Amrapali home buyers to clear their dues as per payment plan
NEW DELHI: The Supreme Court on Friday warned that the flat buyers of Amrapali Group who are not clearing their dues as per the payment plan should not be in any kind of delusion as their units can be cancelled and will be considered as unsold inventory. A special bench of Justice U U Lalit […]
Lok Sabha passes bill to end all retrospective taxation
NEW DELHI: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha on Friday amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues. When the ‘The Taxation Laws (Amendment) Bill, 2021′ would be passed by Rajya […]
RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 per cent
NEW DELHI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is yet to recover from the impact of second COVID-19 wave. This is the seventh time in a row that the Monetary Policy Committee (MPC) headed […]