Tuesday , 18 February 2020
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B & C

Nachani production on decline in state

Finger millet or ragi also commonly known as nachani is one of the healthiest grain available for consumption. Demand for ragi is steadily increasing as the grain is the latest fad among dieticians and fitness buffs for its ‘super cereal’ qualities. Once known as a humble grain and largely eaten by the working class, ragi demand is picked up significantly …

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Fish catch in state fell 40% in 2019: Economic Survey

Team B&C | NT Year 2019 was the worst ever for the fishing industry in the state with annual fish catch plunging nearly 40 per cent to 75,748 tons from 121,115 tons in the previous year, according to the Economic Survey 2019-20.   The Survey disclosed that, annual catch of through open-sea fishing (marine) as well as inland rivers decreased …

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Budget boost to MSMEs and startups

MSMEs and startups have several proposals to cheer about in Budget 2020, reports Team B&C The Finance Minister, Nirmala Sitharaman in her second Budget speech said that, a scheme to provide subordinate debt to MSME entrepreneurs will soon be introduced. The government has also asked the Reserve Bank to extend the debt restructuring window for micro, small and medium enterprises …

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Significant decline in bank credit in December 2019

Reflecting the slowdown in the economy, bank credit growth declined sharply in December 2019, finds out Shoma Patnaik A Reserve Bank of India (RBI) study on bank credit reveals no revival in the demand for funds from user sectors. On the contrary there is sharp deceleration in the pace of bank credit during the last month of the previous year.  …

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Smartphone market booms

It may be man or woman and young or old, everyone wants to have a Smartphone these days. Smartphone users are increasing and in future the figure will only grow higher, says Bhiva P Parab In today’s fast moving life, a mobile phone has become a necessity for nearly all people. Flaunting a snazzy mobile is become a fashion statement …

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Kineco set for good show

Pilerne based Kineco Ltd., is one of the few Goan companies to bag mainstream defence orders. The company plans to make a splash in Defexpo 2020, finds out Team B&C Kineco Ltd., is gearing for Defexpo India 2020. The four-day mega defence exhibition is being held in Lucknow from February 5- 9, and Kineco along with its subsidiary, Kineco Kaman …

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Corporate tax cut to mostly benefit large companies: Survey

The steep cut in corporate tax rate will benefit large companies the most as smaller ones were already paying lower rates, said the Economic Survey 2019-20.   Finance Minister, Nirmala Sitharaman had in September last year announced the lowering of the base corporate tax rate to 22 per cent from 30 per cent for companies that do not seek exemptions …

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Taj group set for new hotel launch in Dona Paula

A new Taj hotel property is opening shortly in Dona Paula, besides Cidade De Goa. The 299-room, Taj Hotel and Convention Center is positioned as an urban convention hotel in resort setting and is tentatively scheduled for February 14 unveiling.   The Valentine Day opening though is likely to be on invitation only while the formal launch is couple of …

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Strategic sale of Air India is a welcome step

By DM Deshpande This is the second attempt by NDA Government at disinvestment and strategic sale of premiere public sector airline Air India (AI). Its first attempt in 2018 did not elicit any bid from prospective buyers. It appears from the information memorandum document released by the government that efforts have been made to sweeten the deal. This time around, …

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Indian Oil among world’s top 500 brands

Indian Oil Corporation (IOC) entered the coveted list of the global 500 world’s most valuable and strongest brands for the year 2020. The list was released at the World Economic Forum in Davos by Brand Finance, an independent brand valuation consultancy. There are only 11 Indian brands in the coveted list and IOC is the only brand from India in …

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