Monday , 16 July 2018


India’s seafood exports cross $7 billion

IANS KOCHI For the first time, India’s seafood exports crossed $7 billion to touch $7.08 billion while its shipments touched 13,77,244 MT during the financial year 2017-18. In rupee terms, the exports of marine products were at Rs 45,106.89 crore as against Rs 37,870.90 crore in FY 2016-17 registering a growth of 19.11 per cent. Frozen shrimp and frozen fish ... Read More »

Startup Yatra to spread message in colleges, says Abhyankar

NT NETWORK   PANAJI At the startup portal of the government under the Goa Startup Mission about 21 startups have registered so far, said secretary IT, Ameya Abhyankar on Friday. He said that, the government is keen that local startups come on the online platform to be included in the incentive schemes provided under the state Startup Policy unveiled on ... Read More »

Govt rules out ‘knee-jerk’ reaction to tackle rupee fall

PTI   NEW DELHI “I have full faith that the RBI, which manages foreign exchange and rates, and the government will sit together and discuss. We will take a call on appropriate measures taking into consideration the global situation,” Finance Minister Piyush Goyal said The government Friday ruled out any “knee-jerk reaction” to tackle the fall in rupee and said ... Read More »

Girish Chandra Chaturvedi named ICICI Bank’s chairperson

IANS   New Delhi Private sector lender ICICI Bank appointed former bureaucrat Girish Chandra Chaturvedi as its non-executive part-time chairman on Friday. Chaturvedi is a 1977-batch IAS officer, who retired as the Oil Secretary in January 2013. The bank will now send Chaturvedi’s name to the Reserve Bank of India for clearance. The term of M K Sharma, the current ... Read More »

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 »