Wednesday , 21 November 2018
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India, US vow to expand economic ties

NEW DELHI India and the US Thursday pledged to expand their bilateral trade and economic partnership with a view to promoting investment and job creation. According to a joint statement issued after the inaugural India-US Ministerial 2+2 Dialogue, the two nations also agreed to work collectively with other partner countries in the Indo-Pacific region to support transparent, responsible and sustainable ... Read More »

New National auto policy coming soon: Geete

IANS   NEW DELHI A new National Auto Policy is currently being readied which will lay emphasis on reducing vehicular emissions as well as on green mobility, Heavy Industries Minister Anant Geete said on Wednesday. Also in the offing is the second edition of the Centre’s Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (Fame) programme which expires in ... Read More »

Determined to be heard, farmers, workers turn Delhi into sea of red

PTI   NEW DELHI Her feet were swollen, her legs weary and her body aching, but Sunita Devi was indefatigable as she held aloft a red flag and walked through the capital on a rain-drenched Wednesday morning, one of the many thousands of workers and farmers in a long and winding road of red. Driven by desperation and determined to ... Read More »

ECONOMIC SCAN

TechFest in city on Sept 7 PANAJI: The Indian Society of Heating Refrigeration and Air-conditioning Engineers (ISHRAE) Goa chapter will be holding its annual flagship event TechFest-Goa 2018 on September 7 2018 at Vivanta by Taj, Panaji. The theme for the fest this year is, HVACR and Cold Chain for Inland, Coastal and Marine Industry. Substantial trade is being conducted ... Read More »

HC grants time to Centre to decide Vedanta’s plea

PTI   NEW DELHI The Delhi High Court on Wednesday granted time to the Centre to decide Vedanta Ltd’s application for extension of the production sharing contract (PSC) to produce oil from a Rajasthan block. A bench of Chief Justice Rajendra Menon and Justice V K Rao allowed the Centre’s plea seeking two months time to comply with the court’s ... Read More »

New industrial policy to deepen link with global supply chains: Prabhu

IANS NEW DELHI The soon-to-be released new industrial policy would help to link domestic industry with the global supply chain, Commerce Minister Suresh Prabhu said on Wednesday. Addressing the annual session here of the Automotive Component Manufacturers Association of India (ACMA), Prabhu said the auto component industry had successfully used the global linkage to promote sectoral growth. “We are coming ... Read More »

ICRA downgrades Jet’s short, long term credit ratings

IANS   NEW DELHI Financially troubled Jet Airways has flown into yet another air pocket with rating agency ICRA downgrading the company’s short and long term credit facilities. The downgraded comes at a time when India’s aviation sector faces the headwinds of rising fuel prices and a weak rupee amidst heavy competition and low air fares that have already pushed ... Read More »

ECONOMIC SCAN

Financial literacy programme for women PANAJI: The women’s wing of GCCI in association with the Rotary Club of  Mapusa are organising a financial literacy program for women September 8, 10 am, at Mapusa Residency Hall. The faculty for the programme will be chartered accountants Minal Alway and Neeru Agnihotri.  The programme is being organised specially for women to create awareness ... Read More »

Demonetisation Failed To Help Nation

D M Deshpande The latest RBI report has reported that most of the notes banned in November 2016 have been returned to it. Except for quantifying the actual numbers, there’s nothing new in it. The last year’s annual report of the RBI had pretty much said the same thing and that it will come out with final figures after the ... Read More »

GST on overseas air tickets violates international norms: IATA chief

PTI   NEW DELHI Levying GST on overseas air tickets violates international norms and also weakens the competitiveness of carriers, IATA chief Alexandre de Juniac said Tuesday. He also flagged various concerns about the Indian aviation sector, including high jet fuel prices, infrastructure woes and privatisation of airports. The International Airport Transport Association (IATA) is a grouping of more than ... Read More »