The ongoing countrywide strike by truckers has led to an estimated direct and indirect loss of over Rs 50,000 crore to the economy and the government and transporters should resolve the crisis through negotiations, an Assocham statement said on Friday. Around 90 lakh trucks have been off the roads since July 20 with truckers protesting […]
India has become the most attractive destination for global investors and its GDP growth has moved much ahead of the inflation rate, Union Home Minister Rajnath Singh said on Monday. Speaking at a meeting of the Confederation of All India Traders (CAIT) here, he admitted that there were some problems with demonetisation and the implementation […]
The Government has set a target of doubling of farmers’ income by the year 2022. The Government has constituted an Inter-Ministerial Committee under the Chairmanship of Chief Executive Officer, National Rainfed Area Authority, Department of Agriculture, Cooperation and Farmers Welfare to examine issues relating to doubling of farmers’ income and recommend a strategy to achieve […]
The petroleum products are “constitutionally included” under the Goods and Services Tax (GST) but it is the GST Council which includes Finance Ministers of all states that would decide when petrol, diesel etc can be brought under its regime, parliament was told on on Wednesday. In a reply to Rajya Sabha, Petroleum and Natural Gas […]
Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday. However, broadly negative Asian and European indices capped gains. According to market observers, healthy buying was witnessed in banking, oil and gas, automobile and consumer durables stocks. […]
Applauding NABARD’s initiatives in promotion of Farmer Producer Organisations (FPOs) in line with Centre’s call for doubling farmers’ income by 2022, Union Minister Shri Arun Jaitley expressed optimism that the apex development bank would achieve the milestone of promoting 5000 FPOs in the next couple of years. Speaking of the reduction in farm size over the years, the Minister […]
In much unique initiative, the Khadi & Village Industries Commission (KVIC) will joined the National Day event of Montenegro, India on July 13. 2018 in the National Capital. The above event named as ‘Trendy Montenegro with ‘Indian Khadi’ will see diplomats, donning the hand-spun, hand-woven natural fibre. KVIC Chairman, Vinai Kumar Saxena has said that […]
Indian Railways is all set to establish its footprint in Sri Lanka with the export of six DMU (diesel multiple units) train sets consisting of 78 modern coaches worth Rs 600 crore. The first DMU train set comprising 13 coaches will be shipped out to the island nation in September while the rest will follow […]
US stocks traded on an upbeat note as financial shares rallied, bolstering the market. The Dow Jones Industrial Average on Monday jumped 279.38 points, or 1.14 per cent, to 24,735.86. The S&P 500 was up 20.44 points, or 0.74 per cent, to 2,780.26, Xinhua news agency reported. The Nasdaq Composite Index climbed 40.59 points, or […]
The government will soon come out with a National Policy on Official Statistics to bring the Indian system in line with the fundamental principles for official statistics adopted by the United Nations in 2014, Statistics and Programme Implementation Minister Sadananda Gowda said on Monday. The new policy will help enhance people’s faith official data and […]