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Petrol, diesel prices stay unchanged on Diwali

NEW DELHI: Following five consecutive days of cuts, state-run oil marketing companies kept prices of key domestic transport fuels — petrol and diesel — unchanged on Wednesday, on the festival of Diwali.

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WB power regulator seeks details from CESC on demerger

PTI   KOLKATA WBERC, the state power regulator, has sought details from RP Sanjiv Goenka’s flagship company CESC Ltd on the demerger of Spencer’s and other non-power businesses from the company, an official said. “We had sent two letters to CESC. First, asking them to update the commission about the demerger based on media reports and letters received from public,” …

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World shares mixed ahead of US midterm election

AP   BANGKOK Share prices were mixed in Europe and Asia on Tuesday as cautious world investors awaited the outcome of the US midterm elections. Britain’s FTSE 100 lost 0.1 per cent to 7,093.77 while Germany’s DAX added 0.2 percent to 11,514.21. The CAC 40 in France was flat at 5,101.42. Wall Street was likewise headed for a lackluster start, …

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India voices concern to China over large trade deficit

PTI   BEIJING India on Tuesday voiced its concern to China over the large trade deficit with it which has climbed to over USD 51 billion, and underlined the need to boost bilateral trade in IT services, agriculture products, pharmaceuticals and tourism sectors in which it has proven strength and global presence but miniscule presence here. The bilateral trade between …

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Giant leap in ease of doing business

D M DESHPANDE The ease of doing business report has been released by the World Bank. It has some good news for the Indian economy after a while. India has pole vaulted 23 places to reach 77th place in the ease of doing business index. In two years (2016-18), the nation has jumped 53 places which indeed is a commendable …

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‘US embargo stopped Indian company from sending medicine to Cuba’

IANS   UNITED NATIONS The US embargo on Cuba is preventing Indian companies from sending medicines and development-related equipment to the Caribbean island nation, according to Secretary-General Antonio Guterres. In his annual report to the General Assembly on the US embargo on Cuba, he said that the State Bank of India (SBI) and at least four other banks have refused …

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Orra announces discount

NT NETWORK   PANAJI ORRA offers all the more reason to sparkle this festive season with up to 20% off on purchase of all diamond jewellery. ORRA also has exciting discounts on gold jewellery including flat 25% off on making charges of 22k gold jewellery and 0% deduction on old gold jewellery exchange. ORRA’s store in Margao launched new collection …

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China’s policies to open up economy will boost trade: IMF

IANS SHANGHAI Christine Lagarde, the managing director of the International Monetary Fund (IMF), on Monday praised China for facilitating economic and trade cooperation at a time of growing protectionism and an ongoing trade war between Beijing and Washington. Lagarde also spoke about China’s growing importance in global trade during the inauguration of the first China International Import Expo, which began …

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TNS Jewellers opens showroom in Margao

NT network   PANAJI TNS Jewellers has opened its second showroom in Goa at Margao. The inauguration was done at the hands of Nikunj Gupta, owner of TNS Jewellers on Friday at 2.30 pm at Avanti Plaza, Isidorio Baptista road, Malbhat-Margao. TNS Jewellers were one of the pioneers in the country to introduce the system of certification and hallmarking of …

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Retail technology firm Nukkad Shops enters Goa

NT network   PANAJI Nukkad Shops, a Hyderabad-based retail technology startup was launched in Goa recently. Focusing on digitalising billing, the company aims to unlock value for local kirana or grocery stores. Vivek Shukla, chief executive officer, Nukkad Shops said that with a software system in place, Kirana stores will be able to maintain records of cash flow and also …

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