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‘India not to implement WTO’s dispute panel recommendations’

New Delhi: India is under no obligation to implement the recommendations of the WTO’s dispute panel on its export promotion schemes, which was challenged by the US, as new Delhi has appealed against that order at the higher level, Parliament was informed on Wednesday. A dispute settlement panel of World Trade Organization (WTO) in its report issued to members on …

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Four students from Aakash Institute bag Top 3 ranks in NTSE Stage-I

Panaji: Four students from Aakash Institute, the national leader in test preparation services, have grabbed the top three positions in the National Talent Search Examination (NTSE) Stage-I in Goa. Two students who shared the top rank are Ojaswi Phal Desai from Margao branch and Sakshi Hangargekaar from Panaji branch of Aakash Institute. Aryan Sinha was ranked second, and Denham Fernandes …

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India provided 15 tonne of medical supplies to coronavirus-hit China: Govt

New Delhi: India provided 15 tonnes of medical supplies to coronavirus-hit China comprising masks, gloves and other emergency medical equipment at a cost of about Rs 2.11 crore, the government informed the Lok Sabha on Wednesday. In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the medical supplies included …

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Demand for petrol, diesel falls even on lower retail prices

New Delhi: Blindsided by Covid-19, domestic demand for petrol, diesel, jet fuel and shipping fuel has fallen by over 10 per cent in the first two weeks of March even though the global oil market remained favorable for Indian consumers with sharp fall in both crude and petroleum product prices. Sources in public sector oil marketing companies said that though …

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No plan to privatise Indian Railways as it belongs to people: Goyal

New Delhi: There is no plan to privatise Indian Railways as it belongs to the people of the country, Railways Minister Piyush Goyal asserted in Rajya Sabha on Tuesday after some members raised concerns over it. Replying to a discussion on the working of the Ministry of Railways, Goyal announced an investment of Rs 50 lakh crore in the national …

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BIZ SCAN

Hyundai launches All New CRETA PANAJI: Hyundai Motor India Ltd,  Tuesday launched the most awaited All New CRETA,  The Ultimate SUV, set to define the new benchmark in its segment with its futuristic design, power packed performance and extensive array of comfort and convenience features. Speaking at the launch Shrikrishna Zambodkar, General Manager, Alcon Hyundai Porvorim, Goa, said, “All New …

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Govt presents Budget of over Rs 1 lakh crore for J&K for FY’21

New Delhi: The Centre on Tuesday presented a Rs 1-lakh crore budget for Jammu and Kashmir for 2020-21, and said the “highest ever” allocations reflect its commitment to make the Union Territory “a model of development”. The government also presented a separate expenditure plan of Rs 55,317.81 crore for the last five months of the current fiscal. The Budget for …

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Das hints at rate cut; RBI presser turns a whimper

Mumbai: The RBI on Monday hinted at a rate cut but stopped short of a decision, belying market expectations at a hurriedly called presser even as it announced some liquidity enhancing measures to contain the economic fallout from the coronavirus. But Governor Shaktikanta Das was quick to assure that the Reserve Bank has “enough policy tools and stands ready to …

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‘No decision made to discontinue printing of Rs 2,000 banknotes’

New Delhi: The government on Monday said no decision has been taken to discontinue printing of Rs 2,000 banknotes, and state-owned SBI and Indian Bank are reconfiguring ATMs for Rs 500 and Rs 200 notes. “No indent was placed with the presses for printing of Rs 2,000 denomination notes for 2019-20. However, there is no decision to discontinue the printing …

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