High petrol, diesel prices burden on consumers; tax cut should be joint call of Centre, states: FM
New Delhi: Finance Minister Nirmala Sitharaman on Friday acknowledged that consumers have a case for petrol and diesel prices to be brought down but said a reduction in taxes to make that happen should be a joint call of the central and state governments. As much as 60 per cent of the retail price of […]
$1.4 bn Cairn arbitration award: FM Sitharaman says it’s her duty to appeal
New Delhi: Finance Minister Nirmala Sitharaman on Friday indicated the government’s intent to appeal against an arbitration panel asking India to return USD 1.4 billion to UK’s Cairn Energy Plc, saying it is her “duty” to appeal in cases where the nation’s sovereign authority to tax is questioned. Last year, the government lost two high-profile […]
Delegation of FICCI JK calls on Advisor Baseer Khan
JAMMU: A delegation of Federation of Indian Chambers of Commerce and Industry (FICCI), Jammu and Kashmir today called on Advisor to Lieutenant Governor, Baseer Ahmad Khan and discussed several issues related to economic activities in the Union territory of Jammu & Kashmir. At the outset, FICCI appreciated efforts of the Government in alleviating the sufferings […]
‘J&K refreshes age-old bond with Gujarat for tourism promotion’
SRINAGAR: To strengthen and refresh the age-old bond between J&K and Gujarat, the J&K Tourism Department held a road show at Ahmedabad as part of its promotional campaigns across the country to attract tourists. Director Tourism Kashmir Dr. GN Itoo led the delegation of the representatives of local travel and hospitality sector for the promotion […]
Training prog for EOs of Agri deptt held in Sgr
SRINAGAR: The Agriculture Production and Farmers Welfare Department (APFWD) today organized a capacity building cum training program for enforcement officers vis-à-vis sampling and prosecutions under Insecticide Act 1968, Seed Act 1966 and Fertilizer Control Order 1985. The program was inaugurated by Director Agriculture Kashmir, Chowdhary Mohammad Iqbal. The Director on the occasion said that Capacity […]
COVID-19 prompts women to take ownership of money, invest more: Survey
New Delhi: A greater number of women in India are taking ownership of their money and investing more as compared to 2020, when the COVID-19 pandemic ravaged the economy and hit household budgets, according to a survey. The percentage of women who actively invest has risen by 10 percentage points since last year, the survey […]
Non-basmati rice exports increase to Rs 26,058 cr during April-Jan
New Delhi: The country’s non-basmati rice exports have increased to Rs 26,058 crore during April-January 2020-21 as against Rs 11,543 crore in the same period last fiscal, the commerce ministry said on Thursday. Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman M Angamuthu said several measures have been taken in terms of ensuring […]
ACT plans to raise a Rs 500 crore philanthropic fund
New Delhi: ACT, which was founded last year by various founders, leaders and VCs from India’s startup ecosystem, on Thursday said it plans to raise a Rs 500 crore philanthropic fund over the next two years to back solutions addressing societal problems at scale across education, healthcare, environment and women’s participation in the workforce. ACT […]
Wipro signs agreement to acquire London-headquartered Capco
New Delhi: IT services major Wipro on Thursday said it has signed an agreement to acquire London-headquartered Capco, a global management and technology consultancy, in a USD 1.45 billion (over Rs 10,500 crore) deal. This will be the biggest ever acquisition by Wipro. In a regulatory filing, Wipro said the acquisition will strengthen its position […]
More women resorted to unsecured personal loan borrowing during pandemic: Report
Mumbai: More women have resorted to unsecured personal loan borrowings rather than home loans or auto loans during the pandemic, a report said on Thursday. Personal loans, which are typically consumption loans borrowed without any security to meet expenses, have witnessed a 23 per cent year-on-year rise in the number of women borrowers in the […]
