Tuesday , 19 February 2019
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India presses China to import more products to reduce trade deficit

K Varma | PTI BEIJING India on Tuesday pressed China to import more Indian goods, especially pharmaceutical and IT products, as top commerce officials of the two countries held talks in Beijing on the widening trade deficit, which last year crossed USD 57 billion. Commerce Secretary Anup Wadhawan also discussed the progress made under Regional Comprehensive Economic Partnership (RCEP) during ... Read More »

Google to make information on political ads on its platform public

PTI NEW DELHI In the run-up to 2019 general elections, tech titan Google on Tuesday said it will make information on political advertisements on its platform public, providing details like who is purchasing election ads and the money spent. “To bring more transparency to the online election ads, Google will introduce an India-specific Political Advertising Transparency Report and searchable Political ... Read More »

Punjab to raise issue of FCI’s declining share in procurement with Centre

PTI CHANDIGARH The Punjab government will raise the issue of FCI’s declining share in foodgrain procurement from the state with the Centre, Chief Minister Amarinder Singh said. Expressing concern over the “gradual withdrawal” of the central procurement agency in foodgrain purchase from the state, Singh said he would ask the Union Food Minister to increase the share of Food Corporation ... Read More »

‘Foundry industry set to double growth rate in 5 years’

IANS   NEW DELHI The Indian foundry industry is set to double its growth rate in the next five years due to opening up of defence, railways and aerospace areas for the private sector, prompting the government to relax foreign direct investment norms, said the Institute of Indian Foundrymen (IIF) on Sunday. In a statement issued at the conclusion of ... Read More »

L&T stock loses 3% before recovery, after SEBI refuses buyback

IANS   MUMBAI Shares of engineering and construction conglomerate Larsen and Toubro (L&T) fell on Monday by over 3 per cent in opening trade following market regulator SEBI’s refusing permission last week for the company’s Rs 9,000 crore share buyback offer. The L&T stock, however, recovered during the day to close flat at Rs 1314.20 a share, down 0.31 per ... Read More »

Automated guided vehicle may cost just `1 lakh

IANS Dehradun Here is good news for the micro small medium enterprise (MSME) sector in India. Under technology innovation, a move is on to bring down the price of automated guided vehicles (AGVs), which are used for moving materials in the industry, from Rs 15-20 lakh to just Rs 1 lakh. IIT Roorkee and Tetrahedron Manufacturing Services (TMS) Pvt Ltd, ... Read More »

Doing business now easier, cheaper, faster, smarter: Modi

GANDHINAGAR: Prime Minister Narendra Modi on Friday said that his government had made doing business in India easier, cheaper, faster and smarter with his term accounting for almost 45 per cent of the Foreign Direct Investment (FDI) that the country received in the last 18 years. Please like & share: Read More »

33 Bhutanese coal trucks stopped from heading to Bangladesh

SHILLONG: Indian Customs law disallowed 33 Bhutanese coal-laden trucks at Dawki integrated check post (ICP) in Meghalaya to transit to Bangladesh following a Supreme Court order banning the transportation of extracted coal in Meghalaya, an official said on Friday. Please like & share: Read More »

Tickets of new Mumbai-Delhi Rajdhani Express sold out in 5 hours

NEW DELHI: A day after the Indian Railways announced a new bi-weekly Mumbai-Hazrat Nizamuddin Rajdhani Express starting Saturday, all its tickets for the next maiden journey were sold out within five hours, officials said. Please like & share: Read More »