BUSINESS AWAAZ

PNB fraud: ED eyes Nirav Modi’s Rs 4,000 crore worth of foreign assets

  Enforcement Directorate (ED) has zeroed in on foreign assets worth about 4,000 crore rupees of absconding diamond jeweller Nirav Modi for quick attachment under the anti-money laundering law in connection with the 2 billion dollar PNB fraud case. Officials said, the agency has got issued a number of judicial requests (Letters Rogatories), and with … Continue reading PNB fraud: ED eyes Nirav Modi’s Rs 4,000 crore worth of foreign assets

CAIT OBJECTES PROPOSAL TO DROP E COMMERCE POLICY

AMN / NEW DELHI The Confederation of All India Traders (CAIT) has strongly objected to the media reports pertaining to Government considering dropping of e commerce policy. ” It will be regressive step and will give a loud message of Government succumbing to the pressure of MNCs and vested interest Online Companies those who want … Continue reading CAIT OBJECTES PROPOSAL TO DROP E COMMERCE POLICY

GOVT PROPOSES MERGER OF BOB, VIJAYA BANK AND DENA BANK

  ANDALIB AKHTER / New Delhi Government of India has offered a plan of merger of  three nationalised  – Bank of Baroda, Dena Bank and Vijaya Bank – Finance minister Arun Jaitely informed today. He said that the proposal  part of efforts to clean up the country’s banking system. He however did not give any … Continue reading GOVT PROPOSES MERGER OF BOB, VIJAYA BANK AND DENA BANK

Tourism sector generates 14.62 mn jobs in last four years: KJ Alphons

AMN / NEW DELHI Union minister of tourism K J Alphons today said that tourism sector has generated 14.62 million jobs in the country in the last four years. Speaking at the India Tourism Mart function here the Minister said that tourism and hospitality industry was one of the fastest growing sectors, which contribute 6.88 … Continue reading Tourism sector generates 14.62 mn jobs in last four years: KJ Alphons

Petrol price touches Rs 90/litre in Mumbai, Rs 82/litre in Delhi

Petrol in New Delhi is being sold 28 paise higher at Rs. 81.91 per litre, and diesel at Rs. 73.72 per litre after a hike of 18 paise WEB DESK HIKE in petrol prices continue to hound the citizens as their is no relief in terms of purchasing fuel, as petrol and diesel prices have … Continue reading Petrol price touches Rs 90/litre in Mumbai, Rs 82/litre in Delhi

PM reviews economic situation of the country

Our Correspondent / New Delhi Prime Minister Narendra Modi today held an extensive meeting with different departments of Finance Ministry to review the economic scenario of the country. Briefing media after the meeting here, Finance Minister Arun Jaitley said, during the meeting the Prime Minister expressed his satisfaction with regard to the broad parameters in … Continue reading PM reviews economic situation of the country

Prabhu invites Russian companies to explore business opportunities in India

WEB DESK India has invited Russian companies to explore business opportunities in the country and strengthen bilateral economic ties. An official release said, Commerce and Industry Minister Suresh Prabhu invited the Governors of the Far East Regions to lead business delegations to India and explore partnerships with Indian businesses. Mr Prabhu recently concluded his visit … Continue reading Prabhu invites Russian companies to explore business opportunities in India

India’s exports record faster growth to touch 3-month high of over 19% in August

AMN The India’s  exports rose at the fastest pace in three months to reach 27.84 billion US dollars in August on account of healthy growth in petroleum products, engineering, pharma, and gems and jewellery shipments. According to the data released by the Commerce Ministry, the growth rate in overseas shipments touched a three-month high of … Continue reading India’s exports record faster growth to touch 3-month high of over 19% in August

Govt takes steps to check rising Current Deficit Account & fall in rupee

ANDALIB AKHTER / NEW DELHI The government has announced a number measures to check the rising Current Account Deficit (CAD), and the fall in rupee against dollar. The steps include removal of withholding tax on rupee-denominated bonds known as Masala bonds issued till March next year, relaxation for Foreign Portfolio Investment (FPI), and curbs on … Continue reading Govt takes steps to check rising Current Deficit Account & fall in rupee

No Respite from hike in Petrol Prices

AMN There has been no Respite from High fuel Prices. Today 28 Paisa hike in Petrol prices leading it to Rs 81.28 liter in Delhi while Diesel Prices are hiked by 22 paisa now Prices is Rs 71.30 /ltr in Delhi.

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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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