Saturday , 21 January 2017
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Business

No charges on card payments for customers, pumps: Pradhan

NEW DELHI: There will be no additional charges on digital transactions made at petrol stations, Petroleum Minister Dharmendra Pradhan announced on Monday even as petroleum dealers threatened to stop accepting credit and debit cards after Friday. Please like & share: Read More »

India better placed amidst fragile world economy: FSDC

NEW DELHI: India appears to be much better placed with improved macro-economic fundamentals, as measures to eliminate shadow economy and tax evasion are expected to have positive impact on GDP, the all-powerful FSDC — headed by Finance Minister Arun Jaitley – said on Thursday. Please like & share: Read More »

PSBs to have more attractive pay packages: Vinod Rai

NEW DELHI: Public sector banks (PSBs) will have far more attractive pay packages with increased bonus, Employee Stock Ownership Plans (ESOPs) and other performances-linked variables in 2017-18, Bank Board Bureau chairman Vinod Rai said on Thursday. Please like & share: Read More »

Will release numbers on junked notes at earliest: RBI

MUMBAI: Putting to rest speculation on quantum of scrapped notes deposited in banks and post offices, the RBI today said it is reconciling invalid currency to physical balance and will release the numbers at the earliest. Please like & share: Read More »

MobiKwik to set up 13 offices pan-India

MUMBAI: Domestic mobile wallet platform MobiKwik on Thursday announced it will set up offices in 13 cities by the end of the first quarter of 2017 and hire over 1,000 people to drive business growth. Please like & share: Read More »

Demonetisation impact on India’s growth to be below 1%: Patel

IANS NEW DELHI The demonetisation drive will retard India’s growth but by no more than one percentage point, even as an industrial revival is on the horizon, says Pankaj R Patel, the new President of the Federation of Indian Chambers of Commerce and Industry (FICCI). He also termed as “unprecedented” the significant cut in banks’ lending rates and hoped for ... Read More »

Services sector contracts for 2nd month on cash crunch: PMI

PTI NEW DELHI Reeling under cash crunch, services sector contracted for the second consecutive month in December as the demonetisation move took a heavy toll on business activities and led to the sharpest fall of over three years in new orders, a monthly survey showed on Wednesday. The Purchasing Managers’ Index (PMI) survey further showed that the business confidence slumped ... Read More »

1.5 cr LPG connections issued to BPL households

NT NETWORK PANAJI Target of 1.5 crore connections fixed for the current financial year for Pradhan Mantri UjjwalaYojana (PMUY) has been achieved within a span of less than 8 months and the scheme is being implemented now across 35 states and UTs. The vision of Narendra Modi to provide clean cooking fuel to poor households in the country has been ... Read More »

ECONOMIC SCAN

Seminar on SC judgement at Margao PANAJI: Insurance Pensioners Association (IPA) will be holding a meeting cum seminar on January 8, at 10 am at the conference hall, LIC office, Rajadhyax Park, Margao. The topics include latest SC judgement in respect of LIC pensioners, mediclaim premium, etc. The general secretary BG Kerkar, Pune unit of IPA will address the gathering. ... Read More »

PM’S address full of sops

D M Deshpande The Prime Minister’s New Year’s Eve address had evoked a lot of interest and expectations. It was allowed to be hyped up and the media did exactly the same. Post announcement of demonetisation, there is this expectation, though unrealistic, that the PM will spring a surprise or two every time he chooses to address the nation. Please ... Read More »

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