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B & C

Government readies next round of measures to boost economy

The PMO and the North Block have been conducting a series of meetings with central and state government officials to boost revenue generation. The Prime Minister’s Office (PMO) and top officials of the finance ministry are working on administrative measures and incentive packages to boost the sluggish economy as the government is “deeply” concerned about the steep fall in key economic parameters besides dwindling …

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Yet another banking scam, the mess continues

By DM Deshpande Punjab and Maharashtra Cooperative Bank (PMC) is hit by a scandal that might take it all the way to liquidation. Initially it was thought that the scam was of small nature, but now it transpires that it’s a massive fraud. The RBI had to come out with a statement clarifying that banking in India is safe and …

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Industrial output contracts 1.1% in August

Data released by the ministry of statistics showed manufacturing and electricity contracted 1.2% and 0.9%, respectively, while mining output remained almost flat growing at 0.1%. India’s factory output contracted 1.1% in August as against a growth of 4.2% reported a month ago, thus signalling a deepening economic downturn. This may pave way for further monetary easing by the central bank for the sixth …

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VMSIIHE hospitality expo winds up on high note

Raia based, VM Salgaocar Institute of International Hospitality Education (VMSIIHE), held the first edition of the VMSIIHE Hospitality Career Expo 2019, a career expo targeted at students from various hospitality & culinary institutes graduating in the current academic year 2019-20. Speaking about the event, Prof. Irfan Mirza, director, VMSIIHE said, “The expo is the ideal platform for representatives of the …

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Looking beyond the bitter rhetoric

By Tensing Rodrigues Perhaps the borders are burning and so too our hopes for the future but looking from far it indeed looks stupid. If only we could overcome our petty feuds over unresolved disputes. The gains and losses at stake look no more than a few toys more in your box or mine. If we keep ourselves busy with …

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GMA celebrates annual day

The 44th AGM and annual day of the Goa Management Association (GMA) was held on October 10. The AGM was conducted by Harshvardhan Bhatkuly, chairman and was presided by Nitin Kunkolienker, president. Anup Prabhu Verlekar, secretary presented the report of activities while M Venkat Rao, treasurer placed the financial statement for approval before the general body. “We have to ensure …

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Marginal increase in supari production

Consumption of areca nuts is modest in the state, but for local farmers areca nut is good  plantation crop due to satisfactory returns and strong market from northern states, reports Bhiva P Parab Goa is a small state and so the area under cultivation of the areca nut (supari) is less compared to the other large states of India. However …

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Housing for all: Build it block by block

On World Architecture Day which is today, architect Nisha Soares reflects on the housing scenario in India and finds it sorely lacking The place I call home A poor and lonely citizen am I In search of a better life I move To cities as big and dense In search of jobs for a family to improve When will it …

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Consumers vs insurance companies at the consumer forum

While the primary aim of the consumer forum is to ensure consumers rights in many instances insurance claim complaints require evidential proof to come to a conclusion, finds out Diana Fernandes  The Consumer Disputes Redressal Forum, South Goa at Margao has this year, as they have in previous years received several cases against insurance companies looking to settle claims related …

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Bonus bonanza for PSU bank employees

It’s a Diwali bonanza for public sector bank (PSB) employees. Their accounts are being credited with part wage arrears even before the final agreement on the wage revision between the unions and the management.   It’s happening for the first time in the India’s banking history. “The employees can opt out or take the part arrear payments. If they take …

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