Monday , 19 March 2018


Fortnight-long drive launched to process pending GST returns

IANS   NEW DELHI The government on Friday said it had launched a special drive to process the pending GST refunds on account of exports and that it was observing “refund sanction fortnight” from March 15 to March 29. The government wants to assure the exporting community that it is keen to see that all their eligible refund claims are ... Read More »

‘Need EV policy for India-specific transportation model’

PTI   NEW DELHI Niti Aayog Vice Chairman Rajiv Kumar Friday said there is need for a policy to promote electric vehicles (EVs) in India and the think tank is well-placed to develop it. India cannot completely depend on market or ministries working in silos to deliver a transportation model for future that meets the country’s ground reality, he added. ... Read More »


Reliance Industries bags ‘drivers of change’ award PANAJI: Reliance Industries Limited (RIL), one of the leading provider of energy, petrochemicals, textiles, retail, telecommunications and digital services, bagged the ‘Drivers of Change’ award at the Financial Times ArcelorMittal Boldness in Business Awards, during a ceremony that took place in London Thursday. The panel of FT journalists and independent judges selected the RIL out of six ... Read More »

US challenges India’s export subsidy programmes at WTO

WASHINGTON: The US has challenged India’s export subsidy schemes at the World Trade Organisation, saying these programmes harm American workers and manufacturers by creating an “uneven” playing field. Please like & share: Read More »

PSBs to link SWIFT with core banking solution by April 30

NEW DELHI: All public sector banks (PSBs) will have to link their SWIFT systems with their respective Core Banking Solution (CBS) systems by April 30 as a measure to prevent frauds like the recent one perpetrated on Punjab National Bank (PNB), it was announced on Thursday. Please like & share: Read More »

Indian economy to grow at 7.3% in FY19: World Bank

IANS   NEW DELHI India would grow at 7.3 per cent in 2018-19, the World Bank said on Wednesday forecasting that the economy would revert to its trend growth rate of 7.5 per cent by 2019-20 as it bottoms out from the impact of the Goods and Services Tax (GST) and demonetisation. In the current year, the economy is expected ... Read More »

India to witness faster growth in 2018-19: Deloitte

IANS   NEW DELHI Increased infrastructure spending and a revival in rural demand are likely to drive India’s growth in the coming fiscal, according to a report by Britain-based advisory multinational Deloitte. Deloitte’s Voice of Asia report, released on Wednesday, expects faster than expected growth for Indian economy against the backdrop of increasing crude oil prices, trade protectionism posing major ... Read More »

Need for national policy to tap huge opportunities in e-commerce: official

IANS NEW DELHI Commerce Secretary Rita Teaotia on Wednesday called for a comprehensive national e-commerce policy to tap the huge opportunities in this segment. According to the Minister, the country was not entirely ready to tap the opportunities offered by e-commerce and there was a crying need to ensure that various arms of the government like the Department of IT, ... Read More »


Uravi T and Wedge Lamps IPO opens on March 16 MUMBAI: Mumbai based Uravi T and Wedge Lamps Limited, manufacturing lamps and lighting products and distribution company with core focus on automotive lamps and instrument cluster lighting, will be entering capital market with an initial public offering opening on March 16 and closing on March 20. The company is offering ... Read More »

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