India’s exports slump 24.3 % last month
Contracting for the tenth month in a row, the country’s merchandise exports plunged 24.3 per cent, year-on-year, to 21.8 billion dollars in September. Exports dropped mainly due to a sharp…
Govt to build up buffer stock of pulses through imports: Jaitley
AMN / Finance Minister Arun Jaitley today said that the Government will build up buffer stock of pulses through imports to tackle spike in prices. Mr Jaitley said in New…
Nationwide chemists’ strike to oppose online sale of medicines
AMN / Chemists all across the country have shut their stores for one day today to protest government’s plan to allow sale of medicines through Internet. The All India Organisation…
Govt approves revised cost of Rs. 2904 crore for KMM Transit Transport Project in Myanmar
The Union Cabinet has approved revised cost of 2904 crore rupees for the Kaladan Multi Modal Transit Transport Project in Myanmar. This information was given by Communication and IT Minister…
Imported Tur Dal to be available from October 15
Further import of 2000MT of Tur to reach by next month AMN / All arrangements have been made to make imported dal available on Kendriya Bhandar outlets in Delhi from…
Developing nations shareholding should be raised in World Bank, IMF: India
AMN / India ‘s Finance Minister Arun Jaitley has said that shareholding of developing nations, including India, in the World Bank Group should be raised to reflect their share in…
CBI raids Bank of Baroda branchs in Delhi for black money transfers
AMN / CBI today conducted searches at a Bank of Baroda branch in Delhi in connection with alleged transfer of black money to Hong Kong. Over Rs. 6,000 crore of…
Govt invites suggestions for changes in tax rates
AMN / Finance Ministry has invited suggestions from trade and industry for changes in tax rates and broadening tax base as the preparations for the Budget, 2016-17 are picking up.…
Indirect tax collection increases 35.8%
AMN / Reflecting an increase in economic activity, indirect tax collection increased 35.8 per cent in the first six months of the current fiscal to 3.24 lakh crore rupees, hitting…
India’s Foreign Exchange Reserves jumps by $827.4 million
India’s Foreign Exchange Reserves have jumped by 827.4 million US Dollars to 350.805 billion dollars in the week ended 2nd October. A RBI press release said that foreign currency assets,…