Wednesday , 14 November 2018
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Death and despair over shortage of water in Delhi

Reuters NEW DELHI Through the long summer months in Delhi, tens of thousands of people have cut back on daily showers and laundry because of a shortage of water that has led to fighting in some areas in which three people have been killed. Monsoon rains forecast for this week in Delhi will signal an end to the summer, but ... Read More »

Housing schemes, defence needs to push steel demand: Minister

IANS Bengaluru Demand for steel is expected to grow for meeting the needs of the state-run flagship schemes like Make in India, housing projects and the defence sector, said Union Steel Minister Chaudhary Birender Singh on Friday. “Demand for value-added and sophisticated grade of steel is expected to grow to meet the needs of state initiatives like Make in India, ... Read More »

Zebion opens first exclusive electronics superstore in Goa

PANAJI: Pune headquartered electronics major, Zebion Infotech, opened their first retail store in Goa on Wednesday, at Mapusa. The store offers a wide range of innovative yet affordable electronic products, and a special collection of music systems developed to cater to Goa’s entertainment culture. The store was inaugurated by Honorable Speaker of the Assembly, Dr Pramod Sawant, and MLA Rajesh ... Read More »

One year of GST: long way to go for simple, uniform tax regime

IANS   NEW DELHI Touted as the biggest economic reform since Independence, the Goods and Services Tax (GST) was supposed to replace the complex indirect tax system prevalent in the country with a more simplified, uniform regime. As its roll-out completes one year on June 30, it can be argued that while India has come a long way from a ... Read More »

Social security cover extended to 50 crore subscribers: Modi

PTI   NEW DELHI Prime Minister Narendra Modi today said social security cover has now been extended to around 50 crore subscribers, an increase of about 10-times since 2014. The Prime Minister interacted with the beneficiaries of various social security schemes through a video conference. “We all know that the one thing which is certain in life is the uncertainty ... Read More »

Govt hikes ethanol price by Rs 2.85 per litre

PTI NEW DELHI The government today hiked the price of ethanol produced from C-molasses by Rs 2.85 per litre to Rs 43.70 for the new season starting December 2018, according to sources. For the first time, the government has also fixed the price of ethanol produced from B-molasses at Rs 47.49 per litre. So far, the price was only fixed ... Read More »

ECONOMIC SCAN

IndiaFirst Life Insurance ties-up with Oxigen Services MUMBAI: IndiaFirst Life Insurance Company Limited, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), has announced its tie-up with Oxigen Services India Pvt. Ltd., to establish distribution of its insurance products at Oxigen retail outlets. R M Vishakha, MD and CEO, IndiaFirst Life Insurance, said, “IndiaFirst Life ... Read More »

Water Stressed India Needs Quick Action On The Ground

Dr D M Deshpande The Niti Aayog has released it’s Composite Water Management Index for Indian states recently. Irrespective of who has topped or who are the laggard states, the overall scenario is scary, to say the least. It also really does not matter to go in to the details of the methodology used, it’s efficacy etc. at this point ... Read More »

State-run banks hopeful of getting out of RBI’s watchlist by 2020

PTI   NEW DELHI Eleven public sector banks that are under the RBI’s watchlist for mounting bad loans today expressed confidence before a parliamentary committee that these would emerge out of the central bank’s Prompt Corrective Action (PCA) framework by 2020, sources said. Concerns were also raised about the “stagnation in lending operations” of state-owned banks during the meeting of ... Read More »

More women in labour force can boost India’s GDP

PTI KOLKATA India has one of the largest opportunities in the world to boost GDP by increasing women’s participation in the labour force, which presently stands at “only 25 per cent”, a report by McKinsey World Institute said. The contribution of women to India’s GDP is 18 per cent, one of the lowest proportions in the world, said the report, ... Read More »