Wednesday , 17 October 2018
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Business

IKEA store attracts 40,000 customers on first day

IANS   HYDERABAD About 40,000 people visited IKEA’s first India store on the opening day here , a company spokesperson told IANS. The world’s leading Swedish home furnishings retailer received huge response from customers on Thursday. The spokesperson, however, declined to share the numbers relating to the business transacted on the first day. However, the response was in line with ... Read More »

UP set to become a trillion-dollar economy, says Kovind

IANS LUCKNOW President Ramnath Kovind on Friday inaugurated the “One District One Product (ODOP)” summit in the state capital and expressed hope that the changing environment in Uttar Pradesh would make the state a trillion-dollar economy sooner than later. Speaking at the inauguration session, the President said he can feel the excitement among the summit participants, which was reflective of ... Read More »

Lower tax rate to improve compliance, says Goyal

PTI   NEW DELHI The Lok Sabha Thursday passed four bills to amend the GST law, as Finance Minister Piyush Goyal said lower tax rates will improve compliance and enhance revenue collection. Replying to a debate on Good and Services Tax (Amendment) Bill 2018, he said tax collection will not come down despite reduction in taxes as he allayed the ... Read More »

Centre to provide `15 per kg discount on pulses for poor

PTI   NEW DELHI The Union Cabinet Thursday decided to provide a discount of Rs 15 per kilogram on pulses over wholesale market price to states for distribution under welfare schemes. States and UTs will be offered to lift 34.88 lakh tonnes of tur, chana, masoor, moong and urad at discount of Rs 15 per Kg over the prevailing wholesale ... Read More »

2-day real estate regulation seminar from Aug 18

NT NETWORK   PANAJI The Institute of Engineers (India), Goa chapter, will be holding a national seminar, RERA: A change management exercise, on August 18 and August 19. The seminar will emphasise on the need to standardise the regulations in the real estate sector and create awareness among consumers about the regulations in the Act. Briefing about the seminar, Gurunath ... Read More »

Cabinet nod to pacts between India, Indonesia

PTI NEW DELHI The Union Cabinet Thursday gave its nod to a pact on cooperation between India and Indonesia in scientific and technological sectors and also approved the signing of an MoU between the two countries in health sector. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved signing of the MoU between India and Indonesia which covers various ... Read More »

ECONOMIC SCAN

TTK Prestige launches new E gas hob-top PANAJI: TTK Prestige’s E gas hob top is India’s first electronically controlled convertible gas stove, which allows the home cook the freedom to not keep track of cooking time. The user merely has to programme the gas stove to the time required to cook the dish and automatically the stove turns off at ... Read More »

Gujarat tourism mulls over setting up a branch office in state

NT NETWORK   PANAJI Officials of Gujarat tourism met up with local tour operators on Wednesday to promote the ninth edition of the month –long, Saputara monsoon festival in Gujarat which is underway and will culminate on September 3. The festival for the first time will have group of tourists from Goa, said officials. The tourism department of Gujarat organises ... Read More »

Postmen to turn bankers: Minister

IANS   NEW DELHI Minister of State for Communications Manoj Sinha on Wednesday said that Prime Minister Narendra Modi will launch India Post Payments Bank (IPPB) on August 21 to provide financial services to people in underserved areas. “The department of Posts reaches every nook and corner of the country including rural and remote areas. With the upcoming nation-wide launch ... Read More »

Intel trains 99,000 people in Artificial Intelligence

IANS   BENGALURU Global chip maker Intel trained 99,000 developers, students and professors in Artificial Intelligence (AI) since April 2017 for ready talent in India, said the US-based firm on Wednesday. “We have trained over 99,000 developers, students and professors since April 2017 for making AI-ready talent available in the country,” said Intel India in a statement here. Philips, Mphasis ... Read More »