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ECONOMY
FDI zooms 34 percent to $1.92 bn in June
New Delhi, Aug 21 :
The inflow of foreign direct investment (FDI) zoomed 34 percent to $1.92 billion in June, according to official data released by the Department of Industrial Policy and Promotion.
The country had received FDI worth…
Govt to ensure better risk management in banks
New Delhi, Aug 21 :
The government will ensure better risk management in state-run banks in the wake of recent scandals involving lending practices, Finance Minister Arun Jaitley said Thursday.
"Some recent instances have been…
‘Suicides if mining doesn’t resume in Goa’
Panaji, Aug 21 :
If mining operations do not resume soon in Goa, there may be suicides in the state's mining belt, Leader of Opposition Pratapsing Rane said Thursday.
"If we are not able to resolve the issue, we may have to face…
Falling crude oil prices to help govt end diesel subsidies
New Delhi, Aug 21 :
With international crude oil prices going below $100 dollars a barrel this week, a top official said Thursday falling oil prices would help the government end diesel subsidies and meet the fiscal deficit target.…
LED street lights can save 5,000 MW in 3 years: ELCOMA
New Delhi, Aug 21 :
By switching to LED in street lighting, 5,000 mw of electricity consumption will be saved over a period of three years, lighting industry apex body ELCOMA India said Thursday.
"ELCOMA India, in its initiative to…
Sensex ends flat; consumer durables stocks up
Mumbai, Aug 21 :
A benchmark index of Indian equities markets closed flat Thursday after volatile trading wiped out initial gains made during early hours of trade.
Heavy selling pressure was seen in metals, oil and gas and realty…
Indian wines to participate in Vino Ljubljana Wine Fair
Ljubljana, Aug 21 :
In a bid to introduce and promote Indian produced wines Europe, the country will participate in upcoming Vino Ljubljana International Wine Fair from Sep 4-6 here.
However, according to promoters of Indian wines in…
Odisha to host nat’l symposium on best business practices on Aug 22
Reported by Chinmaya Dehury
Bhubaneswar, Aug 21:
In order to implement best practices of various states to improve business environment across the country, the Department of Industrial Policy & Promotion (DIPP) and Industry…
Sensex trades flat; metal stocks down
Mumbai, Aug 21 :
The benchmark index of the Indian equities market was trading flat in the early morning trade session Thursday, led by a fall in metals and healthcare stocks.
The 30-scrip sensitive index (Sensex) of the S&P…
States want lower threshold of Rs.10 lakh for levying GST
New Delhi, Aug 20 :
The Empowered Committee (EC) of state finance ministers Wednesday resolved to lower the threshold limit for imposing the proposed Goods and Services Tax (GST) from Rs.25 lakh (Rs.2.5 million) to Rs.10 lakh (Rs.one…