BUSINESS AWAAZ

Govt may cut sugar import duty to cool prices

The government today said it will consider lowering import duty on sugar and banning exports of the sweetener if prices spike further from the current level. Briefing the media after the States Food Minister’s meeting in New Delhi, Food and Consumer Affairs Minister Ram Vilas Paswan said, the Centre has taken several steps, including imposition … Continue reading Govt may cut sugar import duty to cool prices

Competition plays great role in market oriented economies: Jaitely

Union Finance Minister Arun Jaitley has said that competition has a great role to play in market oriented economies and it paves the way for reforms and development. Speaking at an event organised by competition commission of India in New Delhi, Finance Minister said the nation has seen spurt in growth in sectors like telecommunication … Continue reading Competition plays great role in market oriented economies: Jaitely

Center asks states to rationalise stock limit on pulses for millers, producers & importers

The Center has asked the States to rationalise stock limit on pulses for millers, producers and importers. Speaking to media in New Delhi after States Food Ministers meet, Food and Consumer Affairs Minister Ram Vilas Paswan requested States to exempt pulses from VAT and other local taxes in the lean period. Mr. Paswan said, there should … Continue reading Center asks states to rationalise stock limit on pulses for millers, producers & importers

India an outpost of opportunity for global investors: Jaitley

Finance Minister Arun Jaitley has said that amid weaker outlook across the globe, India’s experience of strong economic growth, low current account deficit and adherence to fiscal recovery path have projected it as an outpost of opportunity for global investors. He said the country’s economy is estimated to register 7.6 percent growth in 2015-16, notwithstanding … Continue reading India an outpost of opportunity for global investors: Jaitley

Govt to auction 2,000 megahertz of spectrum

Union Minister Ravi Shankar Prasad has said that the government will auction 2,000 megahertz of spectrum in the next 2-3 months. Speaking at an ASSOCHAM event in New Delhi, he said the government will go for one of the highest ever auction of 2,000 megahertz so that industry players have ample spectrum available. Mr Prasad … Continue reading Govt to auction 2,000 megahertz of spectrum

Moody’s pegs India’s growth rate at 7.5% in 2016 & 2017

Global rating agency, Moody’s has forecast a growth rate of about 7.5 percent for the Indian economy in 2016 and 2017. This growth will be driven largely by private consumption growth. Moody’s said the prevailing low headline inflation is expected to continue, helped by a good monsoon, which will allow the Reserve Bank to maintain … Continue reading Moody’s pegs India’s growth rate at 7.5% in 2016 & 2017

Gold ends flat at Rs 29,800 per ten grams

Gold ended flat, at 29,800 rupees per ten grams at Delhi’s bullion market, today. But silver fell for the third straight day, losing 450 rupees, to 40,450 rupees per kilo, on reduced off-take by industrial units and coin makers. Silver coins held steady, at 68,000 rupees for buying 100 pieces. Overseas, gold lost 0.5 per … Continue reading Gold ends flat at Rs 29,800 per ten grams

Consolidation govt policy; need global-sized institutions: Jaitley

Finance Minister Arun Jaitley today said the country needs global-sized institutions and proposal of SBI to merge its five associate banks with itself and acquire Bharatiya Mahila Bank is in line with the government’s policy. Mr Jaitley said consolidation is part of the Indradhanush package announced in the budget and banks have acted accordingly. State … Continue reading Consolidation govt policy; need global-sized institutions: Jaitley

Govt approvs leasing out of Airports Authority of India land

TIA NEWS / The Union Cabinet today gave its approval for leasing out of Airports Authority of India land measuring 1500 square metre to M/s. M.P. Warehousing Logistics Corporation for establishing the Centre for Perishable Cargo at Indore airport as per the resolution made by AAI Board. It will provide a world class facility under … Continue reading Govt approvs leasing out of Airports Authority of India land

Global Crude oil price of Indian Basket was $ 46.18/bbl on April 16

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.18 per barrel (bbl) on 16.05.2016. This was higher than the price of US$ 45.17 per bbl on previous publishing day of 13.05.2016. In rupee terms, the … Continue reading Global Crude oil price of Indian Basket was $ 46.18/bbl on April 16

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ELECTIONS

Reports of EVMs replacement completely false: EC

AMN / NEW DELHI The Election Commission on Tuesday termed the allegations of EVM replacement as "completely ...

63 % polling recorded in the final phase of Lok Sabha polls

Voters have already exercised their franchise for 483 out of the total 542 parliamentary seats in previous six ...

India’s most controversial and longest Elections come to an end

Results on May 23  AMN / Elections for the 17th Lok Sabha concluded today after sweet and sour incident ...

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SPORTS

Boxing: Mary Kom, Nikhat Zareen to meet in semis at 2nd India Open

  HSB / Guwahati Six-time world champion Mary Kom and Asian Championships bronze medallist Nikhat Zaree ...

Defender Suman Devi Thoudam to lead Junior Women’s Team

Harpal Singh Bedi / New Delhi Defender Suman Devi Thoudam will lead 18-member Indian Junior Women's Team for ...

14 Indian women enter semi finals of India Open International Boxing tournament

    Indian women boxer including M C Mary Kom stormed into the Semi-Finals in the second India O ...

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MARQUEE

116-year-old Japanese woman is oldest person in world

  AMN A 116-year-old Japanese woman has been honoured as the world's oldest living person by Guinness ...

Centre approves Metro Rail Project for City of Taj Mahal, Agra

6 Elevated and 7 Underground Stations along 14 KmTaj East Gate corridor 14 Stations all elevated along 15.40 ...

CINEMA /TV/ ART

66th National Film Awards to be declared after General Elections

  The 66th National Film Awards will be declared after General Elections, 2019. In a statement, Informat ...

Priyanka Chopra is among world powerful women

AGENCIES   Bollywood actress Priyanka Chopra Jonas has joined international celebrities including Opr ...

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ART & CULTURE

Sahitya Akademi demands Rs 500/- from children for Workshop

Andalib Akhter / New Delhi India’s premier literary body, the Sahitya Akademi, which gives huge awards, p ...

Noted Urdu writer Jamil Jalibi is no more

  Author of the seminal history of Urdu literature, editor of one and founder of another eminent literar ...