Saturday , 24 February 2018


economic scan

Pretty Home expo in Margao PANAJI: Pretty Home expo is underway at SGPDA ground, opp INOX, Margao and will be open until February 25, from 10.30 am to 9 pm daily. The organiser of the expo Pooja Kankonkar said that Pretty Home has become a leading brand of exhibitions in Goa over the years. More than 120 stalls of consumer ... Read More »

FICCI joins chorus for privatising state-run banks

IANS NEW DELHI Noting that recapitalisation of state-run banks over the last decade has had little impact on improving their health, industry chamber FICCI on Monday called for their privatisation in the interest of creating “a dynamic banking sector” in the country. The Federation of Indian Chambers of Commerce and Industry’s (FICCI) demand follows another industry body ASSOCHAM’s call on ... Read More »

Private companies invited to manufacture Dhruv helicopters

IANS   BENGALURU In a bid to push the ‘Make in India’ initiative, Hindustan Aeronautics Limited (HAL) on Friday invited private sector companies to manufacture the civil version of the indigenous Advanced Light Helicopter (ALH) Dhruv. HAL, the public sector defence major which has designed, developed and manufactures the ALH, issued a notice inviting ‘expression of interest’ from private firms ... Read More »

Liquor to cost more in K’taka as excise duty hiked

IANS BENGALURU Indian-made liquor (IML) in Karnataka would cost more from April 1 with Chief Minister Siddaramaiah proposing an 8 per cent increase in additional excise duty in the budget for 2018-19 presented on Friday. “I propose to increase the additional excise duty by 8 per cent on IML in different categories for mobilising additional resources,” said Siddaramaiah, while presenting ... Read More »

UK to push EU for City of London’s favoured Brexit plan

REUTERS LONDON Britain’s government is ready to push for the kind of Brexit regulation plan that the City of London has long favoured but which has already run into opposition in Brussels, the Financial Times reported on Friday. Finance minister Philip Hammond could make a speech as soon as next week to back a mutual recognition system to regulate financial ... Read More »

Govt to procure 320 lakh tonnes of wheat

IANS   NEW DELHI The Union Food Ministry said on Thursday it has decided to procure an estimated 320 lakh tonnes of wheat and 55 lakh tonnes of rice harvested in the current Rabi season. According to the ministry, a conference of food secretaries of the states under the chairmanship of Food Secretary Ravi Kant was held on Thursday in ... Read More »

WPI inflation eases to 6-month low of 2.84% in Jan

PTI NEW DELHI Inflation based on wholesale prices eased to a six-month low of 2.84 per cent in January on cheaper food articles even as vegetable prices continued to rule high. Calculated on the basis of Wholesale Price Index (WPI), the inflation was 3.58 per cent in December 2017 and 4.26 per cent in January 2017. WPI inflation at 2.84 ... Read More »

Untapped vegetable, fruit growers to get export market soon

IANS   NEW DELHI Quality agriculture commodities that have remained unnoticed by the outside world are set to foray into the international markets as the government wants to tap unexplored areas to boost exports and ensure better returns for their farmers. “Our plan is to tap the areas where the quality of vegetables and fruits is worth exporting but farmers ... Read More »

Agri Bazar project phase I completed

NT NETWORK   PONDA In order to facilitate farmers and traders related to agriculture commodities, Goa State Agriculture Marketing Board has come up with “Agri Bazar” at Ponda market sub yard. It is one of its kind project in the state, which will be combination of traditional market yard with modern farmers facilitation centre, informed chairman of the Board Ulhas ... Read More »

India needs more financial inclusion: Arvind

IANS   NEW DELHI Although India has made a lot of progress towards achieving financial inclusion, a lot more needs to be done, a top government official said on Wednesday. Launching the “State of the Agent Network” report here, government’s Chief Economic Advisor Arvind Subramanian said that providing essential goods and services to citizens was only the first policy step ... Read More »

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