Tuesday , 25 September 2018
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Business

From Oct 2, all shares in demat form: Govt

PTI   New Delhi Unlisted public companies have to compulsorily issue new shares in demat form beginning October 2, the government said Tuesday, amid continuing efforts to curb illicit fund flows. Besides, transfer of shares by these companies has to be done only in the demat or electronic form. This step has been taken for “further enhancing transparency, investor protection ... Read More »

New Goa-Bangalore cargo flight launched

NT NETWORK   PANAJI Giving boost to logistics in the state, transport of air cargo from Dabolim airport via Bangalore will soon be possible with the starting of a new Goa-Bangalore route shortly. The announcement of launch of Goa- Bangalore cargo flights was by the Goa Air Cargo Association on Tuesday. A senior official from the association said that, the ... Read More »

Falling Rupee – holding the  nerve is important

Dr D M Deshpande Indian currency is in the news again, mostly for wrong reasons. It has been falling continuously for quite some time; in fact, it is the worst performing Asian currency against US dollar losing 12 per cent this year. To put that in perspective, currencies of all emerging markets have declined, but the slide in the value ... Read More »

Luxury cruise liner ‘MV Viking Orion’ arrives in state

NT NETWORK   VASCO The first luxury cruise liner of this season ‘MV Viking Orion’ arrived at Mormugao Port, kicking off the tourism circuit for the year 2018-2019 of Goa. This is the maiden visit of MV Viking Orion to Mormugao Port wherein it has brought in 884 foreign guests and 470 crew members to the state from Mumbai Port ... Read More »

Fashion store ‘Snikita Trendz’ opened at Valpoi

VALPOI: ‘Snikita Trendz’-a fashion destination store inaugurated at the hands of Valpoi Municipal Council, chairperson, Parvin Shaikh and Zilla Parishad member, Premnath Hazare at Phoenix Avenue, next to Unity HS Valpoi. The newly opened store is a factory outlet for gents, ladies and kids garment. Speaking after inauguration, properitor Shweta Kadam said, “This store will offer variety of ready garments ... Read More »

Petrol, diesel prices continue to rise, at record high

PTI   NEW DELHI Petrol and diesel prices continued to rise Monday, scaling new highs as the depreciating rupee made imports costlier. Petrol price Monday increased by 23 paisa a litre and diesel by 22 paisa a litre, according to the price notification issued by state fuel retailers. The increase pushed the petrol price in Delhi to a record high ... Read More »

ECONOMIC SCAN

‘VPK credit society  contributes in economy’ PONDA: VPK Urban Co-operative Credit Society is turning out to be ace organisation in the field of cooperative sectors in the state and along with winning trust of the people; society is also contributing towards building economy of the state, informed Art and Culture Minister Govind Gaude on Sunday. He was addressing a gathering ... Read More »

India launches new digital bridge with Africa

IANS   NEW DELHI As part of India’s reachout to Africa, the External Affairs Ministry on Monday signed an agreement with the Telecommunications Consultants India Ltd. (TCIL) to establish a pan-African e-network between the two nations. “This project, called the e-VidyaBharati and e-ArogyaBharati Network Project, will serve as yet another bridge – a digital bridge – between our countries, shrinking ... Read More »

Modi pitches for investments in electric vehicles value chain

PTI   NEW DELHI Prime Minister Narendra Modi Friday pitched for investments in manufacturing of electric vehicles and smart charging facilities as he emphasised that better mobility can boost growth. Asserting that mobility powered by clean energy is the most powerful weapon in the fight against climate change, he said the focus must go beyond cars to other vehicles such ... Read More »

Petrol, diesel prices hiked by steepest level in a year; rates at record high

PTI   NEW DELHI Petrol and diesel price were Friday hiked by about 50 paisa per litre each – the steepest increase in rates since daily price revision came into effect over 14 months back – to push rates to their highest ever. Petrol price was hiked by 48 paisa per litre and diesel by 47 a litre, according to ... Read More »