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Magsons Mithai Mandir introduces ‘Bournvita Barfi’

PANAJI: Magsons Mithai Mandir, have introduced ‘Bournvita Barfi’. Those interested have to place an advance order. The boxes are specially designed for gifting with pure chocolate and in mithai flavors too. Magsons Mithai Mandir, churns out wide varieties of farsans such as dhokla, fafda, pure ghee and kesar jalebis, and specially for sugar intolerant people – ’natural sugar sweets” (based on …

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CBDT allows taxman to widen certain ‘limited scrutiny’ cases

PTI   NEW DELHI The CBDT has issued a fresh directive on ‘limited scrutiny’ assessment cases allowing the tax officials to widen the scope of such probes if they receive “credible” information of tax evasion by assessees. The policy-making body for the Income Tax Department, however, made it clear in its directive issued on Wednesday that such an enquiry will …

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‘India needs smart laws to run smart cities’

KOLKATA: A forum of researchers, architects, urban planners and lawyers on Tuesday emphasised on the importance of bringing necessary changes in India’s legislative framework to aid sustainable urbanisation and develop smart cities in the country.

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Petrol price dips below Rs 74 mark

NEW DELHI: Petrol price Wednesday fell below Rs 74 per litre mark for the first time since April as the six-week long price reduction spree wiped off all of the massive price hikes witnessed in petrol and diesel rates earlier this year.

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F&B outlet inaugurated at Dabolim airport

VASCO: The airport director Bhupesh Chand Hans Negi has disclosed that the Airports Authority of India (AAI) has come out with a policy to appoint master concessionaire for retail; and food and beverages (F&B) for some few airports in India and in line with this policy the Goa International Airport had floated tenders to select the best in class agencies.

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Retreating oil prices: opportunity to put back reforms on course

D M DESHPANDE At last oil prices have fallen in the world markets; what a sigh of relief this is for both the Government and the citizens in India! With Brent crude slipping to a little over $60 a barrel, oil has seen a correction of 30% since the time it had touched $86 a barrel just last month beginning. …

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RBI Governor appears before parliamentary panel

PTI   NEW DELHI RBI Governor Urjit Patel Tuesday appeared before a parliamentary panel to brief on demonetisation and NPA situation in the public sector banks, among other issues, sources said. Patel was earlier scheduled to appear before the panel on November 12. Source said issues related to November 2016 demonetisation of old Rs 500/1000 notes, reforms in the RBI, …

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Govt, RBI should have dialogue to address problems on economy: Naidu

PTI   NEW DELHI In apparent reference to the recent spat between the government and the Reserve Bank, Vice President M Venkaiah Naidu Tuesday said there should be a regular dialogue between the two in the boardroom to arrive at solutions to address problems affecting economy. Referring to the issue of liquidity crunch, Naidu said the problem was because few …

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Corporation Bank donates for Kerala flood relief

PANAJI: Corporation Bank donated Rs 3.18 crores to the government of Kerala in support of relief efforts following the devastating floods that had affected the state earlier this year. Jai Kumar Garg, managing director and chief executive officer, handed over the cheque to Pinarayi Vijayan, chief minister, Kerala. Employees of the bank have volunteered and collected funds for the donation …

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Customer awareness prog in life insurance held

NT NETWORK   PANAJI With an aim to increase clientele, Exide Life Insurance organised a customer awareness programme recently for the Goa market. Through interactive sessions, audio-visuals and paper-pencil exercises, participants were enlightened on future financial needs and the importance of insurance. Commenting on the initiative, Mohit Goel, director, marketing and direct Channel, Exide Life Insurance, said, “We believe it …

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