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BUSINESS & FINANCE

ED attaches nearly Rs 245 cr assets of Balasore Alloys

Saturday, 16 Dec 2017 | IANS | New Delhi

The Enforcement Directorate has seized immovable assets, worth Rs 244.89 crore, of Balasore Alloys Ltd whose shareholders are Global Steel Holding Ltd (GSHL) and its chairman Pramod Kumar Mittal who are being probed for defrauding the State Trading Corporation of Rs 2,112 crore, a statement said on Saturday. The agency...

Creating facilities to double farmers income: Jaitley

Saturday, 16 Dec 2017 | IANS | New Delhi

Finance Minister Arun Jaitley said on Saturday the government has been creating "instrumentalities" like providing agricultural inputs at lower cost and making cheap credit available to farmers so as to double their income. Speaking at the opening ceremony of Asia-Pacific Rural and Agricultural Credit Forum here, Jaitley said the government is...

Republicans release final tax bill ahead of key vote

Saturday, 16 Dec 2017 | IANS | Washington

Republican lawmakers have unveiled their final tax bill, a step that will place them on track to vote on their plan next week and potentially have President Donald Trump sign it into law by the end of the year, the media reported. Like the bills that came before it, the legislation...

Global investors' summit: Assam expects investments from Asean nations

Friday, 15 Dec 2017 | IANS | New Delhi

Assam expects investments in Tourism, Information Technology, Agriculture, Food Processing, Energy and Pharmaceutical sectors from across the globe, especially Asean member-nations, in the state's first global investors' summit on February 3-4, 2018. At a press conference here, Assam Chief Minister Sarbananda Sonowal on Friday also announced allocation of Rs 100 crore...

Salutary benefits from demonetisation in India: IMF

Friday, 15 Dec 2017 | PTI | Washington

Demonetisation caused some temporary disruptions in India's economic activity due to cash shortages, but the effects are dissipating, the IMF has said. "We see salutary benefits from the demonetisation that took place a year ago. And there are potential benefits going forward," William Murray, Deputy Spokesman, IMF Communications Department, told...

Exit poll results give Sensex a 358-point lift

Friday, 15 Dec 2017 | PTI | Mumbai

Riding high on exit polls that predict a BJP victory in Gujarat and Himachal Pradesh, the Sensex shot up 358 points today, aided by heavy liquidity and a surging rupee. The ruling BJP at the Centre looks headed for a win in both Gujarat and Himachal Pradesh assembly elections,...

35% of businesses registered in GST pay no tax: Jaitley

Thursday, 14 Dec 2017 | IANS | New Delhi

Around 4 lakh people contribute 95 per cent of GST collections, while 35 per cent of those who have filed returns mostly paid no tax, Finance Minister Arun Jaitley said on Thursday. He provided these figures emerging from studies in response to a query at industry chamber Ficci's 90th AGM...

Food prices accelerate November WPI inflation

Thursday, 14 Dec 2017 | IANS | New Delhi

An exponential rise in food and fuel prices pushed India's annual rate of inflation based on wholesale prices to 3.93 per cent for November, official data showed on Thursday. According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI) accelerated to 3.93 per cent in...

Microsoft India to enable partners to work closely with govt customers

Thursday, 14 Dec 2017 | IANS | Hyderabad

Microsoft will soon enable partners to work effectively with its rich network of government customers, helping them work around the country's mega digital initiative, a top company executive said here on Thursday. With a rich ecosystem of over 9,000 partners and nearly 102 million developers, Microsoft works with over 200,000...

Equity indices extend losses ahead of US Fed policy outcome

Wednesday, 13 Dec 2017 | IANS | Mumbai

Continuing with losses for the second day in a row, the key Indian equity indices on Wednesday gave up all their morning gains to end a volatile trade session in the red as investors booked profits in metals, capital goods and banking stocks. According to market observers, apart from domestic...


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The Bengalis: But why fight over beauty?

17 Dec 2017 | Gautam Mukherjee

Sudeep Chakravarti’s new book deals with the evolution of this intriguing community, factoring in everything from finances and food, to customs and interests, writes GAUTAM MUKHERJEE The last line in this book — “But why should anyone fight over beauty?” — makes fair, if poignant comment, on all that is Bengali. It is by no means the whole story, any more than the snippet of lyric at the very end...

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STATE EDITIONS

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Rise above caste, religion: CM

16 Dec 2017 | PNS | Chandigarh

Eyeing 2019 Assembly and Parliamentary polls, Haryana Chief Minister Manohar Lal on Friday asked the senior bureaucrats to rise above considerations of caste and religion and assist the Government in framing such policies which met the aspirations of the people. The Chief Minster while speaking at the inaugural session of the three-day chintan shivir for Cabinet Ministers, IAS, IPS and IFS at Timber Trail Heights, in Parwanoo asked them to finalise...

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