BUSINESS AWAAZ

India allows import of poppy seeds from Turkey

AMN / New Delhi Government of India has allowed import of poppy seeds from Turkey. The decision came following Indian Cabinet on Wednesday approving the signing of a Memorandum of Understanding (MoU) between India and Turkey on the trade in poppy seeds to ensure quick and transparent processing for import of poppy seeds from Turkey. … Continue reading India allows import of poppy seeds from Turkey

PM Modi created transparent systems in the country: Jaitley

AMN / NEW DELHI Union Minister Arun Jaitley today said that Prime Minister Narendra Modi has created transparent systems through legislative and institutional changes which have given this country a scam-free governance. On completion of four years of NDA government, Mr Jaitley said in a Facebook post that unlike the UPA, the Prime Minister is … Continue reading PM Modi created transparent systems in the country: Jaitley

NITI Aayog, ABB sign pact to get benefit from AI, robotics

AMN NITI Aayog and ABB India have signed a pact to help the country derive the benefits of latest technologies including robotics and artificial intelligence. The Statement of Intent to work together to realise the ambitious make in India vision of the government was signed yesterday in the presence of NITI Aayog CEO Amitabh Kant. … Continue reading NITI Aayog, ABB sign pact to get benefit from AI, robotics

India lodges complaint against US Steel & Aluminium tariffs with WTO

AMN India has launched a complaint against the United States with the World Trade Organization, WTO to challenge U.S. President Donald Trump’s tariffs on Steel and Aluminium. Mr Trump imposed the tariffs in March, levying 25 per cent on steel imports and 10 per cent on Aluminium. He said they were justified by national security … Continue reading India lodges complaint against US Steel & Aluminium tariffs with WTO

Govt approves Ordinance amending insolvency law

AMN The Union Cabinet last evening approved promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC). The code proposes to classify home buyers as financial creditors at par with lenders to help them quickly get refunds from defaulting companies. The present amendment is based on recommendations of a 14-member government appointed committee … Continue reading Govt approves Ordinance amending insolvency law

Petrol prices continue to go up across India

AMN New Delhi The petrol price continue to increase across India continue. In Mumbai it touched Rs 84.99 a litre on Wednesday. Petrol prices have already reached unprecendent levels in all metro cities, and are now setting a new benchmark every other day. In Chennai, price of the fuel breached the Rs 80 a litre … Continue reading Petrol prices continue to go up across India

Petrol Price Can be Cut by Rs 25 Per Litre: Chidambaram

New Delhi Congress leader and former Union Finance Minister P. Chidambaram on Wednesday criticised the Centre for the fuel price hike and claimed that the rate can be reduced by Rs 25 per litre but the government is not doing it. “It is possible to cut upto Rs 25 per litre, but the government will … Continue reading Petrol Price Can be Cut by Rs 25 Per Litre: Chidambaram

Passengers to get compensation or refund if flight cancel due to airline’s fault

Civil Aviation Ministry releases draft passenger charter AMN The Civil Aviation Ministry unveiled the draft passenger charter today. Speaking to media in New Delhi, Civil Aviation Minister Jayant Sinha said, in a major relief to air travellers, if a flight is cancelled and it is the airlines’ fault, then the passenger will be compensated or … Continue reading Passengers to get compensation or refund if flight cancel due to airline’s fault

India 6th wealthiest country in the world

WEB DESK India is the sixth wealthiest country in the world with a total wealth of 8,230 billion US dollars. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest country in the world with a total wealth of 62,584 billion dollars. China stood at the second place with 24,803 billion … Continue reading India 6th wealthiest country in the world

Acquisition of Bhushan Steel by Tata Group historic breakthrough: Goyal

AMN /NEW DELHI Finance Minister Piyush Goyal today said the purchase of debt-ridden Bhushan Steel by a Tata Group company under the Insolvency and Bankruptcy Code( IBC) proceedings as a “historic breakthrough” in resolving legacy issues of banks. Goyal, who is holding the charge of Finance Ministry, in a tweet said, lenders recovered almost entire … Continue reading Acquisition of Bhushan Steel by Tata Group historic breakthrough: Goyal

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Mumbai twins score identical marks in Class XII

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Govt to improve connectivity to Gaya and Bodhgaya

Our Correspondent / Gaya Union Tourism Secretary Rashmi Verma on Wednesday informed that Centre was trying to ...