Thursday , 23 March 2017
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Parliamentary panel against subsidising passenger fares out of freight revenue

NEW DELHI: A Parliamentary Standing Committee has endorsed the Railway Ministry’s view that there should be a stop to subsidising passenger fares out of the revenue earned from freight services, and advised the Ministry to draw a road map for its gradual withdrawal. Please like & share: Read More »

Himachal to launch single online portal for industry

SHIMLA: After reducing the industrial proposal clearance time frame to 30 days, Himachal Pradesh will now further ease doing business by launching a single online portal for project finalisation, an official said on Monday. Please like & share: Read More »

Telangana presents Rs 1.50 lakh-crore budget

HYDERABAD: The Telangana government on Monday presented a tax-free, revenue-surplus budget for 2017-18, proposing an expenditure of ` 1,49,646 crore — an increase of 14.75 per cent over the previous year. Please like & share: Read More »

Pak Parliament passes landmark Hindu marriage bill

PTI Islamabad Pakistan’s Parliament has finally passed the much-awaited landmark bill to regulate marriages of minority Hindus in the country. Pakistan’s Hindus were set to get an exclusive personal law to regulate marriages after the National Assembly unanimously adopted the Hindu Marriage Bill, 2017, Thursday. The law was passed after a lengthy process of enactment. It was the second time ... Read More »

PNG Jewellers opens showroom at Margao

NT NETWORK   MARGAO Spreading its  wings in Goa, the Purushttam Narayayan Gadgil (PNG) Jewellers on Friday opened its jewellery store in Margao at the hands of Bollywood actress, Raveena  Tandon in presence of the chairman and the managing director of  the PNG, Saurabh Gadgil and the executive director Parag Gadgil. This is the second store of  PNG in Goa in two years. Tandon had also inaugurated the PNG Panaji store. ... Read More »

Tax dept app to track refunds

PTI   NEW DELHI The I-T department has developed a mobile app for paying taxes and tracking refunds and is considering issuing PANs on real time basis using Aadhaar biometric. “Income Tax department is considering issuing of Permanent Account Number (PAN) on a real time basis using Aadhaar’s e-KYC facility. The proposal is at an initial stage of consideration,” Minister ... Read More »

Demonetised notes: submission by Mar 31

NT NETWORK   PANAJI Submission of old currency notes of Rs 500 and Rs 1000; The grace period for Indian citizen residing in India is March 31, and for Indian citizen resident outside is June 30. The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 was promulgated by the President of India (GoI Ordinance No. 10 of 2016 dated December ... Read More »

ECONOMIC SCAN

‘Insurance industry records 17% growth against GDP growth of 7%’ MUMBAI: The chairman of Insurance Regulatory & Development Authority of India (IRDAI) T S Vijayan said that against India’s GDP growth of 7%, the growth of insurance industry is recorded at 17% and that the GDP growth, demographic environment and insurance products developments are main factors for the growth of insurance industry. ... Read More »

Current account deficit will see 50% rise to $30 bn in FY18: ICRA

NEW DELHI: A rise in the prices and import volumes of crude oil and gold is likely to weigh on India’s current account deficit, taking it up by 50 per cent to $30 billion in 2017-18 from $20 billion in the current fiscal, domestic rating agency ICRA said on Thursday. Please like & share: Read More »

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