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PM raps criticism, praises biz ranking

Sunday, 05 Nov 2017 | PNS | NEW DELHI | in Sunday Pioneer

Refuting all criticism over World Bank's India’s ‘ease of doing business’ ranking, Prime Minister Narendra Modi on Saturday said he hardsold India as an investment destination. “India has improved 42 ranks on the World Bank’s ‘ease of doing business’ ranking in a short span of three years, which was a...

‘India offers golden opportunities for global investors’

Sunday, 05 Nov 2017 | PTI | NEW DELHI | in Sunday Pioneer

India offers ‘golden opportunities’ for global investors in sectors such as infrastructure, transport, agriculture and food processing, Union Minister Nitin Gadkari said on Saturday. Not only the country is going to offer a world class infrastructure in highways in two years, waterways and agriculture are also undergoing massive reforms that...

Some more archaic laws can be further simplified: India Inc

Sunday, 05 Nov 2017 | PTI | NEW DELHI | in Sunday Pioneer

With the Government taking out about 1,200 laws off the statute books, India Inc on Saturday said some more ‘archaic and outdated’ laws can be further simplified. Speaking at an event here, President of industry body CII (Confederation of Indian Industry) Shobana Kamineni also said if some best practices are...

Foundation for poverty-free India to be laid by 2022: Niti

Sunday, 05 Nov 2017 | PNS | NEW DELHI | in Sunday Pioneer

Niti Aayog in a presentation on Saturday said the foundation for freedom from six problems -poverty, dirt, corruption, terrorism, casteism and communalism - will be laid by 2022 when India celebrates 75 years of Independence. The presentation published on its website “made a detailed case for making development a mass movement...

Fraudulent trade: Sebi slaps Rs 55L on 5 individuals

Sunday, 05 Nov 2017 | PTI | NEW DELHI | in Sunday Pioneer

Markets regulator Sebi has imposed a total penalty of Rs 55 lakh on five individuals for indulging in synchronised trading in the scrip of Shreeyash Industries. According to an order dated October 31, the regulator has levied the fine after noting that the trades done by the individuals were in...

‘India to be high middle income eco by 2047’

Sunday, 05 Nov 2017 | PTI | New Delhi | in Sunday Pioneer

Days after it gave India a 30 place jump in its ease of doing business ranking, the World Bank on Saturday said the Goods and Services Tax (GST) and reforms push by the Government will catapult the country to high middle income economy in 30 years. It credited India’s ‘extraordinary’...

Prabhu flags H-1B visa woes with US

Sunday, 29 Oct 2017 | S Rajagopalan | Washington | in Sunday Pioneer

Taking the stand that the contributions of Indian IT professionals have immensely benefited the US economy over the years, Commerce and Industry Minister Suresh Prabhu has urged the Trump administration to ease the movement of skilled persons to the United States under its H-1B and L-1 work visas. Prabhu, now...

FM: High growth, strong civil society must to end poverty

Sunday, 29 Oct 2017 | PNS | MUMBAI | in Sunday Pioneer

Finance Minister Arun Jaitley on Saturday said higher growth and a vibrant civil society are necessary to alleviate poverty. “How do you fight poverty? I think the first element you have to fight poverty is that the society must have resources to fight it,” he said, speaking at the...

Rs 8,698 cr as GST compensation released to States

Sunday, 29 Oct 2017 | PTI | BENGALURU | in Sunday Pioneer

The Centre has released Rs 8,698 crore to States to compensate them for revenue loss following GST implementation. All States barring Rajasthan and Arunachal Pradesh, have been given compensation for the first two months (July-August) after GST Tax rollout. “Rs 8,698 crore has been paid to states as...

AP, Emirates Airlines, ink 4-pact to boost aviation

Sunday, 29 Oct 2017 | V Sudhakar Rao | Amaravati | in Sunday Pioneer

Emirates Airlines signed four important agreements with the Government of Andhra Pradesh (AP), the Chief Minister, Nara Chandra Babu Naidu told. The agreements include construction of International Airport in Andhra Pradesh, Formation of Emirates Hub in Amaravati, operating air services to Dubai from Vijayawada, Tirupathi and Visakhapatnam and establishing Aviation...


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State’s first women’s university to come up at Jamshedpur

21 Nov 2017 | Parvinder Bhatia | Jamshedpur

State’s first women university will come at Sidhgora in the eastern part of Jamshedpur, Chief Minister Raghubar Das said on Monday in Jamshedpur. “I am happy to announce that first Women’s University will come up at Sidhgora...

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