BUSINESS AWAAZ

Auction for Sale (Re-Issue) of Government Stocks

Government of India have announced the Sale (re-issue) of (i) “7.68 per cent Government Stock 2023” for a notified amount of ` 2,000 crore (nominal) through price based auction, (ii)“7.72 per cent Government Stock 2025” for a notified amount of ` 6,000 crore (nominal) through price based auction, (iii) “8.24 per cent Government Stock 2033” … Continue reading Auction for Sale (Re-Issue) of Government Stocks

Govt to discuss SIT recommendations on P-notes with SEBI, RBI

TIA Correspondent Government today said that it would not take any “knee-jerk” reaction on stricter norms for P-Notes proposed by SIT on black money that will adversely impact country’s investment climate. Finance Minister Arun Jaitley said in New Delhi that the government will study the suggestions before taking a stand. The government said a view … Continue reading Govt to discuss SIT recommendations on P-notes with SEBI, RBI

Govt to hold consultations on P-notes: Revenue Secretary

AMN / Amidst fears of negative impact of Special Investigative Team (SIT) recommendation of stricter norms for participatory notes (P-notes) on markets, the government today said a view on the suggestions will be taken only after consultations with SEBI, RBI and others. The Supreme Court-appointed SIT on black money last week recommended a host of … Continue reading Govt to hold consultations on P-notes: Revenue Secretary

SIT on Black Money asks SEBI to clamp down on tax evaders

TIA Correspondent The Special Investigation Team, SIT on black money has asked Securities Exchange Board of India, SEBI to identify real owners of foreign funds coming through the Participatory-Note route and also prosecute those using equities for tax evasion. In its third report on steps required to check the black money menace, the SIT said … Continue reading SIT on Black Money asks SEBI to clamp down on tax evaders

Decision on Shah Committee’s report on Minimum Alternate Tax on foreign investors soon

TIA NEWS Finance Minister Arun Jaitley has said that the government will soon take a decision on the Justice AP Shah Committee’s report on applicability of the Minimum Alternate Tax, MAT, on foreign investors. MAT is a way of making companies pay the minimum amount of tax. Mr. Jaitley said that the government would examine, … Continue reading Decision on Shah Committee’s report on Minimum Alternate Tax on foreign investors soon

7 Indian firms among world’s 500 largest companies: Fortune

Seven Indian companies are among the world’s 500 largest companies, according to a list compiled by Fortune Magazine that has been topped by retail giant Walmart. The Indian companies on the 2015 Fortune Global 500 list are Indian Oil ranked 119 on the list with revenues of about 74 billion US dollars, followed by Reliance … Continue reading 7 Indian firms among world’s 500 largest companies: Fortune

SEBI bans more than 900 firms suspected to be platforms for tax evasion

Suspecting tax evasion of at least 5,000 to 6,000 crore rupees, Securities and Exchange Board of India (SEBI) has clamped down on a large number of organised syndicates who had set up shops to convert black money into legitimate-looking funds through the stock market platform. Sebi Chairman UK Sinha said in Mumbai yesterday that the … Continue reading SEBI bans more than 900 firms suspected to be platforms for tax evasion

Greece takes crucial step towards new bailout

Greece has taken a crucial step towards a huge new bailout for the country’s stricken economy after its parliament passed a crucial second batch of reforms. The passage of the measures means that negotiations on an 86 billion euro European Union bailout can begin. The reforms include changes to Greek banking and an overhaul of … Continue reading Greece takes crucial step towards new bailout

Government criticises Congress for giving dissent note on GST Bill

Government Wednesday criticised Congress for its dissent note in Select Committee report on GST Bill and accused it of being anti- development. Talking to reporters outside Parliament, Finance Minister Arun Jaitely said Congress dissent note is against its own bill and and hoped the opposition party will reconsider its what he called irresponsible decision. Mr. … Continue reading Government criticises Congress for giving dissent note on GST Bill

Direct transfer of fertiliser subsidy into farmers’ accounts

AMN / Government has proposed to transfer fertilizer subsidy directly into farmers’ accounts. However, a major challenge in operationalising this scheme lies in identification of beneficiary farmers. An official release said, in many states the land records are neither accurate nor updated. Department of Fertilizers is planning to have a phased approach and prepare a … Continue reading Direct transfer of fertiliser subsidy into farmers’ accounts

SPORTS

100 entries for National Car Racing Championship

Harpal Singh Bedi Chennai, 18 January : Over 100 entrants including group of promising young racers , will ...

French Open: Novak Djokovic need to be vaccinated to perform, says France’s Sports Ministry

After Australian Open, Novak Djokovic could be barred from playing in the French Open under current rules afte ...

Australian Open: Andy Murray, Daniil Medvedev sail into second round

Former World Number One Andy Murray and favourite Daniil Medvedev advanced to the second round of Australian O ...

خبرنامہ

نسلی امتیاز کے خلاف طاقتور آواز، ڈیسمنڈ ٹوٹو کا انتقال

جنوبی افريقہ کا ’اخلاقی پیمانہ‘ قرار دیے جانے والے نوبل انع ...

وزیراعظم نے اترپردیش کے شاہ جہاں پور میں گنگا ایکسپریس وے کا سنگ بنیاد رکھا۔

AMN وزیراعظم نریندر مودی آج اُترپردیش کے شاہجہاں پور ضلعےمی ...

بھارت نے نئی قسم کے بیلسٹک میزائل اگنی پرائم کا کامیاب تجربہ کیا ہے

WEB DESK بھارت نے نئی قسم کے بیلسٹک میزائل اگنیپرائم کا کامی ...

MARQUEE

Positive parenting vital for protecting children: NCPCR

Staff Reporter National Commission for Protection of Child Rights (NCPCR) Member Pragna Parande has said th ...

Google Doodle Honours Poet, Freedom Fighter Subhadra Kumari Chauhan

WEB DESKOn the occasion of the Indian activist and author's 117th birth anniversary,Google Doodle on Monday, 1 ...