BUSINESS AWAAZ

Inflation in Germany exceed 3% for first time since 2008

NEWS DESK Inflation in Germany surged to 3.8% in July, compared to the same time last year, according to the country’s Federal Statistical Office on Thursday. This was the first time since August 2008 that the annual inflation rate in Europe’s largest economy rose to above 3%. On a month-on-month basis, prices rose by 0.9% … Continue reading Inflation in Germany exceed 3% for first time since 2008

Cabinet clears Deposit Insurance & Credit Guarantee Corporation Bill 2021

AMNUnion Cabinet today cleared the Deposit Insurance and Credit Guarantee Corporation Bill 2021. Briefing reporters in New Delhi after the cabinet meeting, Finance Minister Nirmala Sitharaman said, it insures all bank deposits such as savings, fixed deposits, current or recurring deposits. She said, it also covers all commercial, public, private sector banks and branches of … Continue reading Cabinet clears Deposit Insurance & Credit Guarantee Corporation Bill 2021

Govt identifies 2.38 lakh companies as shell companies

NEWS DESK Government has identified more than 2.38 lakh companies as shell companies in the last three years, Informed Minister of State for Corporate Affairs Rao Inderjit Singh in a written reply to a question in the Rajya Sabha today. He said the Government has undertaken a Special Drive for identification and striking off Shell … Continue reading Govt identifies 2.38 lakh companies as shell companies

No proposal in GST Council to include petrol & diesel in GST: Govt

AMN The government has said that there is no proposal in the GST Council to include petrol and diesel in Goods and Services Tax, GST. In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that as per the provision of Central Goods and Services Tax, … Continue reading No proposal in GST Council to include petrol & diesel in GST: Govt

IMF cuts India growth forecast by 3% to 9.5% for 2021-22

NEWS DESK The International Monetary Fund (IMF) sharply cut its 2021-22 economic growth forecast for India by 300 basis points to 9.5% as Asia’s third-largest economy’s recovery has been set back severely following the second COVID-19 wave during March–May. In its April review, the multilateral agency had pegged India’s economic growth for FY22 at 12.5%. … Continue reading IMF cuts India growth forecast by 3% to 9.5% for 2021-22

No proposal under consideration to waive off farm loans: Govt

AMN There is no proposal under consideration of the Government to waive off farm loans. This was stated by the Minister of State for Finance Dr. Bhagwat Karad in a written reply in Lok Sabha today. He said that according to National Bank for Agriculture and Rural Development -NABARD, the total agriculture loan outstanding as … Continue reading No proposal under consideration to waive off farm loans: Govt

No proposal to maintain uniform prices of petrol & diesel across country: Govt

AMN / NEW DELHI Union minister for Petroleum and Natural Gas Hardeep Singh Puri today said that the Government is not considering any proposal to maintain uniform prices of petrol and diesel across the country. In a reply to a question in the Lok Sabha Mr. Puri informed the prices of these two petroleum products … Continue reading No proposal to maintain uniform prices of petrol & diesel across country: Govt

Income Tax Dept conducts searches PAN-India in a prominent group having diversified businesses

AGENCIES / WEB DESK Income Tax Department carried out a search operation under section 132 of the Income – tax Act, 1961 on 22.07.2021 on a prominent business group, which is involved in businesses in various sectors, including Media, Power, Textiles and Real Estate, with a group turnover of more than Rs. 6,000 crore per … Continue reading Income Tax Dept conducts searches PAN-India in a prominent group having diversified businesses

RBI to introduce digital currency in phased manner

WEB DESK Reserve Bank of India, RBI is working on a phased implementation strategy for its own digital currency and is in process of launching it in wholesale, retail segments. Participating in an online discussion organised by The Vidhi Centre for Legal Policy, RBI Deputy Governor T Rabi Sankar said that the idea of Central … Continue reading RBI to introduce digital currency in phased manner

India ‘remains challenging place’ to do business: US report

WEB DESK A US report has termed India as a “challenging place” to do business, and urged the Modi government to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a report ‘2021 Investment Climate Statements: India’ released on July 21, said that … Continue reading India ‘remains challenging place’ to do business: US report

SPORTS

Women Hockey Olympics: Navneet’s goal enables India beat Ireland 1-0 to stay alive for quarter final

Harpal Singh Bedi A fine opportunistic goal by Navneet Kaur three minutes before the final hooter kept Indi ...

Olympics Hockey Men: India over power Japan 5-3 to face Britain in quarter finals

By Harpal Singh Bedi India made heavy weather of their win as they overcame spirited Japan 5-3, to finish s ...

Lovlina Borgohain enters semifinals of Women Boxing

AMN Sports Minister Anurag Thakur has congratulated Lovlina Borgohain on entering semifinals of Women Boxin ...

خبرنامہ

غير ملکی سیاحوں کو یکم اگست سے سعودی عرب آنے کی اجازت

سعودی عرب کی حکومت نے اعلان کیا کہ ان تمام غير ملکی سیاحوں کو ...

اقلیتوں کی فلاح و بہبود کے لیے اسکیمیں

نئی دہلی: حکومت ملک کی مختلف اقلیتوں ، خاص طور پر معاشی ط ...

نمازِ عیدالاضحی پڑھنے اور قربانی کرنے کا طریقہ

ڈاکٹر محمد نجیب قاسمی سنبھلی عید الاضحی کی نماز: عید الاضحی ...

TECH AWAAZ

WhatsApp’s new privacy policy violates Indian IT rules: Govt tells Delhi HC

FILE PHOTO AMN Government of India told Delhi High Court that it views the new privacy policy of WhatsAp ...

Abu Dhabi Digital signs partnership agreement with Hewlett Packard Enterprise

WEB DESK The Abu Dhabi Digital Authority (ADDA)has signed a partnership agreement with Hewlett Packard Ente ...

Indian Army develops messaging application ‘Secure Application for Internet’

file phot AMN Indian Army has developed a simple messaging application named the Secure Application for ...

MARQUEE

Harrapan City in Gujarat ‘Dholavira’ inscribed on UNESCO World Heritage List

NEWS DESK Harrapan City in Gujarat ‘Dholavira’ has been inscribed on UNESCO World Heritage List. This r ...

Kakatiya Rudreshwara Temple inscribed as UNESCO World Heritage Site

NEWS DESK The Kakatiya Rudreshwara (Ramappa) Temple, Telangana has been inscribed as a UNESCO World Heritag ...