Sunday Edition

GST Council meet: Rollout of inter-state e-way bill from April 1; GSTR-3B extended till June

Sunday, 11 Mar 2018 | PNS | New Delhi | in Sunday Pioneer

The all-powerful GST Council on Saturday decided to rollout the requirement of carrying an electronically generated bill for transporting goods between states from April 1 but failed to arrive at a consensus on simplification of tax returning filing procedure for businesses. With states divided on the simplification of return filing procedures,...

CBEC camps from Mar 15 to fast-track refunds to exporters

Sunday, 11 Mar 2018 | PTI | New Delhi | in Sunday Pioneer

To ease exporters’ GST refund woes, revenue authorities will set up camps across the country for a fortnight beginning March 15, CBEC Chairperson Vanaja Sarna said on Saturday. The Central Board of Excise and Customs (CBEC) has already given refunds to the tune of Rs 5,000 crore but as much as...

SpiceJet inks $12.5-bn deal with Safran Group for CFM aircraft engines

Sunday, 11 Mar 2018 | PNS | New Delhi | in Sunday Pioneer

No-frills airline SpiceJet on Saturday inked $12.5 billion deal with French Major Safran Group for CFM aircraft engines. At current exchange rate, the deal is worth more than Rs 81,000 crore and is one of the biggest in the aviation sector. SpiceJet and Safran Group, have now finalised the purchase of LEAP-1B...

ADB, ISA sign pact to promote solar energy

Sunday, 11 Mar 2018 | PNS | New Delhi | in Sunday Pioneer

The Asian Development Bank (ADB) and the International Solar Alliance (ISA) on Saturday signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. The cooperation envisages solar power generation, solar based mini-grids, and transmission systems for integrating solar energy into grids, among others. The ISA and the ADB...

Business Corner

Sunday, 11 Mar 2018 | Pioneer | in Sunday Pioneer

BSNL, TWCO Celebrate International Women’s Day BSNL & Telecom Welfare Central Organization (TWCO), New Delhi under the Chairmanship of its President, Tripti Shrivastava celebrated theInternational Women’s Day, on March 8, 2018, a day to celebrate women and their contributions to the world. The event was organized at Bharat Sanchar Bhawan,...

Time ripe for holding co for PSBs to fix fund-crunch, fraud mess: Mundra

Sunday, 11 Mar 2018 | PTI | Singapore | in Sunday Pioneer

It is the right time to consider a holding company for Indian public sector banks to manage the country’s fraud-hit and cash-strapped financial industry, former RBI Deputy Governor S S Mundra said. Mundra, however, said that conditions were not right for privatisation of state-run lenders due to the socio-economic situation of...

Prabhu now Civil Aviation Minister

Sunday, 11 Mar 2018 | PNS | New Delhi | in Sunday Pioneer

President Ram Nath Kovind on Saturday appointed Suresh Prabhu as the new Civil Aviation Minister, a statement said. A communique from the Rashtrapati Bhawan said Commerce and Industry Minister Prabhu will take additional charge of the Ministry of Civil Aviation. The announcement came two days after P Ashok Gajapathi Raju stepped down...

Govt dilutes RBI's power to select auditors for audit

Sunday, 04 Mar 2018 | IANS | Kolkata | in Sunday Pioneer

In the wake of an alleged multi-crore fraud on state-run Punjab National Bank (PNB), the auditors and financial professionals on Saturday accused the Central Government of “diluting the bank audit system as well as power of Reserve Bank of India (RBI) for selection of auditors for auditing of banks”. They also...

US steel, aluminum tariffs to likely hurt economies: IMF

Sunday, 04 Mar 2018 | PTI | Washington | in Sunday Pioneer

The IMF has warned that President Donald Trump’s decision to impose hefty tariffs on imported steel and aluminium is likely to cause damage to the US and its trading partners, urging all countries to “constructively” resolve trade disagreements. Trump on Thursday said that he would impose a 25 per cent import...

Slogans that caught the mind and spirit of India

Sunday, 04 Mar 2018 | Sudhanshu Patni | in Sunday Pioneer

India’s struggle for freedom was largely fuelled by the powerful communication by many leaders. Outstanding among them, Bal Ganga Dhar Tilak, Subhash Chandra Bose were great mass leaders, at the same time great communicators and who gave few punch lines which caught the mind and spirit of Indian masses. The spirit...



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Previous Govts indulged in business of illegally acquiring lands: CM

18 Mar 2018 | PNS | Chandigarh

Haryana Chief Minister Manohar Lal on Saturday said that the previous governments indulged in the business of illegally acquiring lands with ulterior motives and with the intent of having their own cut. “This was done not only in Rohtak but in the entire state...

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