Budget's digital push to make India transparent economy:Prasad
Terming the Budget as "digitally
empowering", IT Minister Ravi Shankar Prasad today said that
technology-backed initiatives announced today will help India
become a more transparent economy.
Budget presents 'future', aim to fulfill dreams of all
The Budget presents the "future",
Prime Minister Narendra Modi said today, while asserting that
it is an important step towards overall development of the
nation with focus on fulfilling the "dreams" of every section,
including the poor, the farmers and the under-privileged.
Budget: Tourism industry welcomes five special tourism zones
Industry players today hailed the
government's proposal to establish five special tourism zones
alongwith the focus on rural infrastructure development and
introduction of bio-toilets in the Union Budget 2017-18.
Vyapar 2017 to begin tomorrow
The sixth edition of Kerala
business-to-business meet, Vyapar 2017, will be held at
Bolgatty Palace here from tomorrow, providing a robust and
interactive platform to the state to showcase its vibrant
Small and Micro Enterprise (SME) sector and chalk out a
roadmap for its future growth.
Budget: Textile lobby seeks restoration of some incentives
The Cotton Textiles Export Promotion
Council (TEXPROCIL) today welcomed the Budget and appealed the
Government to restore some of the incentives relating to
interest subvention for merchant exporters and cotton yarn and
MEIS benefit for cotton yarns.
Taxmen can reopen up to 10-yr old cases in big transactions
Income tax officers can now reopen
tax cases for up to 10 years if search operations reveal
undisclosed income and assets of over Rs 50 lakh.
Budget to help wipe out black money, corruption: Gadkari
Terming the Union Budget as
"revolutionary", Union Minister Nitin Gadkari today said it
would not only wipe out black money and corruption but also
usher in transparency in political parties and spur country's
economic growth.
Budget 2017: Steel sector remains optimistic
Though the Budget failed to address
demands for withdrawal of import duty and clean power cess on
coking coal, steel sector in general remained optimsitic about
the budget proposals as some announcements by Finance Minister
Arun Jaitley will have indirect impact on the industry.
BSE asks brokers to submit client funding details for January
Leading bourse BSE has asked
stock brokers operating in the cash segment to submit funding
details of clients during January on the exchange's electronic
filing system.
Creation of next-gen infra govt's top priority: Prez
Next-generation infrastructure
right from highways to i-ways along with creation of a blue
economy through innovative Sagarmala project and lighting the
rural India have been on top of the government's agenda,
President Pranab Mukherjee said today.
GST decisions under states' pressure, reverse them: IRS
Some of the recent decisions
taken by GST Council, headed by Finance Minister Arun Jaitley,
were taken under pressure from the states, a body representing
thousands of tax officials said today.
Up to five dead in shooting at Quebec City mosque: media
Quebec City, Jan 30 (AFP) Up to five people were killed
and several people wounded after gunmen opened fire at a
mosque in Quebec City, media reported.
Allianz considers takeover of Australia's QBE: Source
The source, who was not authorised to speak publicly about the matter, told Reuters no acquisition price had been proposed to QBE, Australia's biggest insurer.
Travel ban aimed at avoiding situation existing in Europe: WH
Trump administration's decision
to impose a ban on immigrants from seven predominantly Muslim
nations is aimed at avoiding a situation that exists today in
parts of France, Germany or Belgium, the White House has said,
pointing out to the increasing terrorist attacks in Europe.
Gold up on weaker dollar, sluggish US economic data
Hedge funds and money managers added to their bullish position in COMEX copper contracts for a third straight week, in the week to Jan. 24, lifting it to a record, US Commodity Futures Trading Commission (CFTC) data showed on Friday.
ONGC to invest $5.1 bn for developing oil finds off AP coast
State-owned Oil and Natural
Gas Corp (ONGC) today signed an MoU with Andhra Pradesh
government for investing USD 5.07 billion in developing oil
and gas finds off the state's coast by 2019-20.
Dow passes 20,000 points for the first time
New York, Jan 25 (AFP) The Dow Jones Industrial Average,
the most famous equity index benchmark on Wall Street shot
above 20,000 for the first time at the open today.
Oil-dependent US states sliding into recession, says S&P
The report came as President Donald Trump moved to reverse decisions by the previous administration to block the Keystone XL and Dakota Access pipelines. Trump also has pledged to open more areas up to exploration and production, which will cheer investors but would not necessarily help states' economic growth.
BSNL to unveil 3 new pre-paid plans; STV26 to offer free calls
To match competition from private
operators, state-owned BSNL will come up with three new
pre-paid offerings on Republic Day, including Rs 26 tariff
voucher that allows free local voice calls within its network
during 26-hour validity.
Boeing's engineering, technology center opens in Bangalore
US aircraft maker Boeing today
announced the formal launch of its engineering and technology
center in Bangalore.
Gold imports shrink 32% to $17.7 billion in Apr-Dec 2016
Gold imports witnessed a fall of about 32 percent to USD 17.7 billion in April-December of the current fiscal, which is expected to keep a lid on the current account deficit.
Budget likely to boost demonetisation move: Ex-Nasscom chief
Describing note ban as "a bold
step", former Nasscom Chairman B V R Mohan Reddy today said
the upcoming Budget is likely to take steps to strengthen the
demonetisation initiative by easing liquidity in the system
and stimulating demand.
Fed's Yellen says makes sense to gradually raise interest rates
"Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road - either too much inflation, financial instability, or both," Yellen told the Commonwealth Club of California in San Francisco.
BHEL commissions 500 MW thermal unit in West Bengal
BHEL commissions 500 MW thermal unit in West Bengal
Mafatlal Industries Limited Launches its Latest Collection of Uniform Fabrics & Garments for the Year 2017
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group has launched its latest collection of fabrics ...
