CAIT CHALLENGE CIRCUMVENTING OF FDI POLICY BY AMAZON
AMN / NEW DELHI The Confederation of All India Traders (CAIT), has taken a serious note of reports of Amazon reducing its stake in Prion thus trying to disassociate itself…
RBI cuts repo rate by 25 bps
It was the first monetary policy meeting under the new governor Shaktikanta Das, who took over as Governor, RBI after the abrupt exit of Urjit Patel from the office in…
Govt approves amendments to Banning of unregulated Deposit Schemes Bill, 2018
AMN / NEW DELHI The Union Cabinet last evening approved the proposal for Official Amendments to Banning of Unregulated Deposit Schemes Bill, 2018. Briefing media after meeting of the Cabinet,…
Sharp decline in small savings is a cause of worry: Safeguards must for senior citizens
BY SUBHASH CHANDRA AGRAWAL Latest data released by Reserve Bank of India (RBI) shows a sharp decline in small savings in first eight months of the financial year 2017-18 when…
CAIT for Structural Changes in GST for Yielding Targeted Revenue
AMN / NEW DELHI The Confederation of All India Traders (CAIT) in a communication to Finance Minister Piyush Goyal today expressed concern over shortfall in collection of GST revenue and…
IBA asks banks to waive off processing, documentation other service charges for KCC
AMN Indian Banking Association has issued advisory requesting banks to waive off the processing, documentation, inspection and all other service charges for Kisan Credit Card and crop loans upto three…
Industry terms budget as good and economic-oriented
AMN The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the interim budget. Talking to media, FICCI President Sandeep Somany said, tax exemption in the Budget will…
Govt to Conduct New Survey on Employment, Says Bibek Debroy
WEB DESK Amid controversy over data on unemployment, the government has said that it will conduct a new national sample survey on employment. Prime Minister’s Economic Advisory Council chief Bibek…
Budget Disappoints Trading Community: CAIT
AMN / NEW DELHI The Union Budget though seems to be overall good has utterly neglected the trading community and it has highly disappointed 7 crore traders of the Country…
Highlights of Interim Budget 2019-20
**6,000 rupees yearly direct support to farmers through PM-KISAN Programme. **3,000 rupees pension for unorganised sector workers earning upto 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram-…