BUSINESS AWAAZ

UP govt to clear all dues of sugarcane farmers by the end of November

AMN / LUCKNOW UP Government has said that all dues of sugarcane farmers in state will be cleared by the end of November this year.The state government has come up with a policy to clear the dues of sugarcane farmers, under which it will provide soft loan to sugar factories so that they can pay the … Continue reading UP govt to clear all dues of sugarcane farmers by the end of November

NPAs of public sector banks on decline: Jaitley

AMN / NEW DELHI Finance Minister Arun Jaitley has said the Non Performing Assets are on the decline in the country as recoveries have picked up in the Public Sector Banks. Addressing media after the annual review meeting with Public Sector Banks’ chiefs here, Mr. Jaitley said, the debtors of banks are paying up in … Continue reading NPAs of public sector banks on decline: Jaitley

FDI in telecom sector jumped five times in last three years: Manoj Sinha

Sanjay Singh / New Delhi Union Minister of Communications Manoj Sinha today said Foreign Direct Investments (FDI) in the telecom sector has jumped nearly five times in the last 3 years, from $1.3 Billion (Rs 9469.2 crore) in 2015-16 to $ 6.2 Billion (Rs 45,160.8 crore) in 2017-18. Inaugurating a seminar here in the national … Continue reading FDI in telecom sector jumped five times in last three years: Manoj Sinha

BSNL ties-up with Japan’s NTT, Softbank for 5G rollout

  Sanjay Singh / New Delhi State-run telecom company, Bharat Sanchar Nigam Limited (BSNL) has entered into an agreement with Japan’s NTT Communications and Softbank to rollout fifth generation (5G) and Internet of Things (IOT) technologies in India, as the telecom sector prepares to build-up an ecosystem around these upcoming technologies. According to BSNL, its … Continue reading BSNL ties-up with Japan’s NTT, Softbank for 5G rollout

US, China impose new tariffs

WEB DESK The United States has imposed its largest-ever round of tariffs on imports from China. President Donald Trump’s administration imposed a 10-percent levy on $200 billion of Chinese goods on Monday. The targets include food, electrical appliances and other everyday items. Along with earlier sets of tariffs, about half of Chinese imports are now … Continue reading US, China impose new tariffs

GoMs on GST Network meet in Bengaluru to review technical issues

  AMN The meeting of the Group of Ministers (GoM) on GST Network (GSTN) will be held in Bengaluru today. The group, headed by Bihar Deputy Chief Minister Sushil Modi, will take stock of the functioning of the GSTN and the new software proposed to be used for filing the return once the new forms … Continue reading GoMs on GST Network meet in Bengaluru to review technical issues

SEBI relaxes KYC norms for foreign investors

AMN / MUMBAI Securities and Exchange Board of India, SEBI has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors, FPI. Under new norms residents as well as non-resident Indians have been permitted to hold a non-controlling stake in such entities. There will also be no restriction on them to manage … Continue reading SEBI relaxes KYC norms for foreign investors

Yet another hike; Petrol touches Rs 82.32 in Delhi

Petrol touches Rs 82.32 in Delhi with yet another hike, diesel unchanged   WEB DESK Fuel prices continued to GO UP as oil marketing companies revised the rates on Friday morning. Petrol prices saw an increase of 10 paise per litre in New Delhi and in Mumbai petrol prices were hiked by 9 paise per … Continue reading Yet another hike; Petrol touches Rs 82.32 in Delhi

World Bank approves Plan For India To Become Higher Middle-Income Country

WEB DESK World Bank has approved Country Partnership Framework CPF for India to support its transition to higher middle- income country The move is aimed at supporting India’s transition to a higher middle-income country by addressing some of its key development priorities such as resource efficient and inclusive growth, job creation and building its human … Continue reading World Bank approves Plan For India To Become Higher Middle-Income Country

Indian economy to reach 5-trillion dollar by 2022: PM Modi

AMN / NEW DELHI Prime Minister Narendra Modi has said that India is targeting to be a five-trillion dollar economy by 2022. Speaking at the foundation laying ceremony of India International Convention and Expo Centre (IICC) here today, the Prime Minister said that the country’s macroeconomic fundamentals are strong and the manufacturing and agriculture sector … Continue reading Indian economy to reach 5-trillion dollar by 2022: PM Modi

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MARQUEE

Policy for Eco-tourism will provide livelihood to local communities

AMN / NEW DELHI GOVERNMENT OF INDIA has prepared a policy for Eco-tourism in forest and wildlife areas, which ...

Living index: Pune best city to live in, Delhi ranks at 65

The survey was conducted on 111 cities in the country. Chennai has been ranked 14 and while New Delhi stands a ...

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