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Audi launches new Q5 45 TFSI

NT NETWORK   PANAJI Audi drives in the most powerful and fastest Q5 yet – the Audi Q5 45 TFSI quattro Audi, the German luxury car manufacturer, launched the petrol variant of its hugely popular Q model – the Audi Q5 45 TFSI, equipped with a highly efficient petrol engine producing a power output of 185 kW (252 hp). Whether …

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Petrol, diesel price hiked for 1st time in more than a month

PTI   NEW DELHI Petrol and diesel prices were Thursday hiked for the first time in more than a month on the back of rising international rates and weakening rupee. The increase of 16 paisa a litre in petrol and 12 paisa per litre in diesel came after an 8-day self-imposed hiatus in rate revisions by state-oil firms in anticipation …

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Karnataka waives farms loans, raises levies on petrol, diesel, power

IANS   BENGALURU Presenting its maiden budget, the JD(S)-Congress coalition government in Karnataka on Thursday waived farm loans totalling Rs 34,000 crore, giving relief to distressed farmers across the state, while proposing higher levies on petrol, diesel and liquor and power to mop up more revenue. “I propose to waive farm loans totalling Rs 34,000 crore, with Rs 2 lakh …

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ECONOMIC SCAN

Vodafone introduces RED plans with lowest bill guarantee PANAJI: Vodafone India introduced the smartest postpaid plans in India with the lowest bill guarantee, complimentary mobile insurance, unlimited international roaming benefits, un-matched entertainment content offerings and much more. Speaking about the new Vodafone RED propositions, Avneesh Khosla, associate director – Consumer Business, Vodafone India, said, “Vodafone India is excited to introduce …

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India expecting US to get in touch with it over sanctions on Iran

PTI   NEW DELHI India is looking at the possibility of falling back on the rupee-rial arrangement for importing oil from Iran in the wake of US sanctions on buying oil from the Persian Gulf nation, official sources said Wednesday. They said India is expecting the Trump administration to get in touch with it over the issue of imposition of …

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‘Big 500’ corporates account for 90% CSR spend: survey

MUMBAI The ‘big 500’ companies in India contribute the lion’s share of more than  90 per cent of the total Corporate Social Responsibility (CSR) spends in India, and just 20 top corporations account for over 45 per cent, a new survey revealed on Wednesday. In terms of the geographical beneficiaries, Maharashtra received the biggest chunk of the total CSR fund …

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Coal imports by power sector in April-May reduced 15%: Goyal

IANS   NEW DELHI Coal imports by the country’s power industry reduced by nearly 15 per cent during April-May this year in view of increased supplies from state miner Coal India Ltd (CIL), Coal Minister Piyush Goyal said on Wednesday. This detail was provided by Goyal here while launching his ministry’s Coal Mine Surveillance and Management System (CMSMS) and the …

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Google aims to add 40 mn new Wi-Fi users in India by 2019

IANS NEW DELHI Google’s public Wi-Fi project is aiming to capture 40 million new connected users in India by 2019, resulting into at least $20 billion being added to the country’s GDP, a top company executive here on Wednesday. “India is a big market for the next billion users. Wi-Fi is a huge focus area and opportunity in terms of …

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EDC urges CM to generate jobs

NT NETWORK   PANAJI The board of directors of EDC including Sidharth Kuncalienkar, chairman Santosh Kenkre, vice chairman and Sandip Bhandare, who is also GCCI president, met the Chief Minister Manohar Parrikar on Tuesday to forward suggestions for generation of employment opportunities in the state. The delegation was also accompanied by Kiran Ballikar, managing director, EDC with other senior officials. …

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CCEA may okay hike in paddy, ragi MSP today

PTI   NEW DELHI The Cabinet Committee on Economic Affairs (CCEA) will meet on Wednesday to approve the support price of kharif crops and is likely to raise paddy MSP sharply by Rs 200 to Rs 1,750/quintal to honour the budget announcement to ensure that farmers get at least 1.5 times of the production cost. Among 14 kharif crops, the …

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