AMN // Finance Minister Arun Jaitley today said the chances of passing Goods and Services Tax (GST) bill by next session of parliament are very bright as Rajya Sabha’s composition is changing. Jaitley said while addressing the 67th Batch of Indian Revenue Service ( Customs and Excise ) Probationers in New Delhi today. The Finance … Continue reading Jaitley hopeful of passing GST Bill in Budget session
The Centre has offloaded over one lakh and 12 thousand tonnes of seized pulses in the retail market to improve availability and tame prices. The prices have declined from the peak of 200 rupees per kilogram in October to 160 rupees at present due to various government measures including unearthing of hoarded stock and offloading … Continue reading Govt offloads 1.12 lakh tonnes of seized pulses in retail market
AMN // Chief Economic Advisor Arvind Subramanian has said that India has emerged as the world’s fastest growing economy notwithstanding global demand slowdown and four droughts. In a series of tweets, he said there has been improvement in quality of spending toward capital and agriculture, fiscal consolidation at central and state levels and improvement in … Continue reading India fastest growing economy despite four droughts: CEA
Government will roll out LPG-like DBT scheme for kerosene from 1st of April this year. According to an official release, the scheme will be implemented in selected 26 districts of eight states. These states are Chhattisgarh, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Punjab and Rajasthan. Under the scheme, people will buy kerosene at market … Continue reading Govt to roll out LPG-like DBT scheme for kerosene from April 1
AMN / The rates of non-subsidised cooking gas LPG were hiked by Rs 49.50 per cylinder while ATF or jet fuel price was slashed by 10 per cent. Besides, the rates of non-subsidised kerosene were also cut by Rs 1.05 per litre to Rs 43.19 a litre. ATF price in Delhi was reduced by Rs … Continue reading Non-subsidised cooking gas price hiked by Rs 49.50, ATF cut by 10%
AMN / The government has made it mandatory to quote Permanent Account Number, PAN for all transactions in excess of Rs 2 lakh regardless of the mode of payment through cash, cheques or debit or credit cards to curb black money. The new rule which will come into effect from tomorrow will cover purchases of … Continue reading PAN mandatory for transactions of over Rs 2 lakhs
Petrol price has been slashed by 63 paise per litre and diesel Rs 1.06. The new rate will come into effect from midnight tonight. Now, petrol will cost Rs 59.35 a litre in Delhi, Rs 65.12 in Kolkata, Rs 66.40 in Mumbai and Rs 59.77 in Chennai. For diesel, the consumer will have to pay … Continue reading Petrol, diesel prices slashed further
Congress has said government should make efforts to bring economic growth back on track. Briefing media in New Delhi, party leader Anand Sharma said the Centre should focus on bringing stability in economic growth. He expressed concern over the rising debt on the country to 53.6 per cent. He expressed need to generate more employment … Continue reading Centre must focus on bringing stability in economic growth: Congress
AMN / The Cabinet Committee on Economic Affairs (CCEA) has approved upscaling of Grid connected rooftop and small solar power plants programme to Rs 5000 crore . The Ministry of New and Renewable Energy’s financial outlay for 12th plan was Rs 600 crore for grid interactive rooftop and small solar system. The government is providing … Continue reading Govt hikes outlay of small solar power plants to Rs 5,000 crore
AMN // Russia’s Rostech State Corporation has signed one billion US dollar deal with Hindustan Aeronautics Limited, HAL to manufacture 200 Kamov 226T light helicopters in India. The Kamov will replace the ageing fleet of Cheetah and Chetak. CEO of Rostech, Sergei Chemezov, said manufacturing of helicopters will be done by Russian-Indian joint venture which … Continue reading Russia strikes $1 billion deal with HAL to manufacture Kamov choppers
The Supreme Court has appointed former apex court judge Justice DK Jain as the first court-appointed ombudsman ...
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AMN / NEW DELHI President Ram Nath Kovind today conferred the Pradhan Mantri Rashtriya ...
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Google dedicates doodle to Madhubala on her 86th birth anniversary One of India's most beautifu ...
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