Business

TCS bags 5-year deal from Marks & Spencer

Tuesday, 16 Jan 2018 | PNS | New Delhi

India's largest IT services firm Tata Consultancy Services (TCS) on Monday said it has expanded its partnership with Marks and Spencer (M&S) to enable the British retail giant become a digital-first business. As part of M&S' five-year plan, TCS will be the principal technology partner for the retailer and help drive...

Prabhu pitches for cutting gold import duty in Budget

Tuesday, 16 Jan 2018 | PNS | New Delhi

The Commerce Ministry has pitched for reduction in import duty on gold in the forthcoming Budget with an aim to promote gold jewellery exports, a senior government official said. The Gems and Jewellery Export Promotion Council (GJEPC) has demanded cut in import duty on gold to 4 per cent from the...

Gold imports surge 72% in Dec

Tuesday, 16 Jan 2018 | PNS | NEW DELHI

India's gold imports rose by 71.52 per cent to $3.39 billion in December because of weak global prices and higher domestic demand. According to the Commerce Ministry's data released on Monday, silver imports too rose by 106 per cent to $197.26 million last month as against $95.84 million in December...

GoM on GSTN to meet on Wed

Tuesday, 16 Jan 2018 | PNS | New Delhi

A group of ministers headed by Bihar Deputy Chief Minister Sushil Kumar Modi will meet on Wednesday to look into the technical issues faced by GST Network (GSTN). This will be the sixth meeting of the Group of Ministers (GoM) after being set up in September 2017. The panel is likely to...

Business Corner

Tuesday, 16 Jan 2018 | PNS

8TH ALL INDIA POLICE COMMANDO COMPETITION 2018 National Security Guard, popularly known as "The Black Cats" is organising "8th All India Police Commando Competition-2018" from 13 to 20 January, 2018 at NSG Campus, Manesar (Gurugram). All the Central Armed Police Forces (CAPFs) which include BSF, CRPF, CISF, ITBP, SSB, NSG...

GDP growth not justifiable unless benefits reach farmers: Jaitley

Monday, 15 Jan 2018 | PNS | New Delhi

Union Finance Minister Arun Jaitley on Sunday said the agriculture sector is the top priority for the Government because the country’s economic growth is not “justifiable and equitable” unless the benefits are “clear and evident” in the farm sector. “The Government is making efforts to ensure benefits of economic growth reaches...

Air India stake sale: Govt mulls absorbing employees in PSUs

Monday, 15 Jan 2018 | PNS | New Delhi

The Government is exploring options of absorbing Air India employees in public sector enterprises and voluntary retirement package as it moves ahead with the airline's disinvestment amid stiff opposition from worker unions, sources said. While foreign direct investment of up to 49 per cent has been allowed in the debt-laden carrier,...

‘You don’t have to pay more to get more'

Monday, 15 Jan 2018 | Excerpts

Gurmeet Singh, MD, Johnson Controls, Hitachi Air Conditioning India Ltd, talks to Sangeeta Yadav about the launch of a new series of expandable inverter ACs for extreme weather conditions and the upcoming campaign. Excerpts: Tell us about the recently launched Hitachi’s energy efficient air conditioner (AC)? We have launched a new technology...

Appointments to regulatory bodies: Pre-check by IB must, says Govt

Monday, 15 Jan 2018 | PTI | New Delhi

A prior background check by the Intelligence Bureau will be a must for candidates shortlisted for appointments as chiefs and members of regulatory bodies such as SEBI and TRAI, and various tribunals, according to new rules. The selection of chairperson and members of regulatory bodies and tribunals are done by respective...

FinMin to simplify GST profiteering complaint form

Monday, 15 Jan 2018 | PTI | New Delhi

The Finance Ministry is planning to simplify the form which consumers are required to fill to submit their complaints against businesses that are indulging in profiteering post GST rollout. The ministry wants to make the form more consumer-friendly and simpler. As many as 170 complaints have been filed before the standing committee...


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Myanmar Army’s admission of killings a ‘positive step’: Suu

14 Jan 2018 | AFP | Yangon

Myanmar’s civilian leader Aung San Suu Kyi has welcomed an unprecedented army admission that security forces carried out extra-judicial killings of Rohingya Muslims as a “positive step”, state-backed media reported on Saturday. After months of staunch denials of abuse, the army on Wednesday said a probe found four members of the security forces helped kill 10 Rohingya militant suspects at Inn Din village on September 2, leaving their bodies in a...

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CM retorts, says he was not so weak

20 Jan 2018 | PNS | Ranchi

Under searching questions for quite some time, Chief Minister Raghubar Das responded with all firmness to the unified Opposition in the House and answered some of its allegations to turn the tide. In his reply, particularly on the charges of inaction and being under pressure, the CM trained the gun on the JMM for running ‘baap-bete ki sarkar’ in the State...

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