New Delhi: Finance Minister Nirmala Sitharaman here on Saturday launched a common e-auction platform for assets attached by the public sector banks (PSBs). The platform, equipped with property search features and navigational links to all PSB e-auction sites, provides single-window access to information on properties up for e-auction as well as the facility for comparison […]
New Delhi: Seeking a bigger slice of public procurement pie, the micro, small and medium enterprises (MSMEs) sector has proposed small-ticket tenders so that they could participate in the bidding. In its Budget suggestions, Federation of Indian Micro and Small & Medium Enterprises (FISME) has said that smaller firms are getting elbowed out from public […]
Mumbai: Always a pricey possession, gold is set to remain more pricey in the New Year too as continuing geopolitical tremors, economic woes and rupee volatility are expected to push the yellow metal even to Rs 45,000 for 10 gram. Thanks to various government policies and the soaring stock market, gold witnessed periodic as well […]
New Delhi: Reliance Jio added over 91 lakh new subscribers in October, taking its total subscriber base to 36.43 crore, according to data released by the Telecom Regulatory Authority of India (TRAI). Interestingly, this increase in the number of subscribers for Jio comes although in the same month it announced to charge calls to other […]
New Delhi: Flipkart on Monday signed a memorandum of understanding (MoU) with the Housing and Urban Affairs Ministry’s Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) to empower skilled yet underserved sections of society by inducting them into e-commerce. To begin with, the e-commerce company will collaborate with state missions under the DAY-NULM to […]
New Delhi: Shops, business firms or companies with an annual turnover of Rs 50 crore or more and required to provide digital payment facilities to customers as part of government’s stride towards a less-cash economy, will not have to pay any penalty till January 31 for not installing the system. They would, however, be made […]
New Delhi: Chinese smartphone maker OPPO aims to manufacture 100 million handsets in India by the end of 2020, a top company executive said on Tuesday, adding that the year would also see an aggressive retail push to let more people experience flagship devices. The brand registered a growth of 92.3 per cent in Q3 […]
New Delhi: Petrol and diesel prices continued to increase on Tuesday because of the rise in crude oil prices in the international market. Petrol prices have increased for the third consecutive day, while the rise in diesel price has continued for the sixth consecutive day. State-run oil marketing companies on Tuesday increased the price of […]
Mumbai: Market benchmark Sensex slumped 304 points on the last trading session of 2019, dragged by losses in index-heavyweights Reliance Industries, HDFC twins, ICICI Bank and TCS. After swinging over 423 points intra-day, the 30-share BSE Sensex ended down by 304.26 points, or 0.73 per cent, at 41,253.74. The broader NSE Nifty closed 87.40 points, […]
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government’s spending push in the infrastructure sector. Addressing a press conference, she said Prime Minister Narendra Modi had in his Independence Day speech spoken of investing […]
New Delhi: The government on Tuesday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the fourth quarter of 2019-20 despite moderating bank deposit rates. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.9 per cent, while Kisan Vikas Patra […]
New Delhi: The government has extended the Sabka Vishwas (Legacy Dispute Resolution) Scheme, which received huge response with 73 per cent of the eligible taxpayers availing the amnesty scheme and committing to pay Rs 30,627 crore, by 15 days to January 15, 2020. “Keeping in view the taxpayers’ response, the central government has extended the […]
Mumbai: Equity benchmark BSE Sensex jumped over 150 points in the opening session on the first day of 2020, tracking buying in index heavyweights Reliance Industries, HDFC twins, ICICI Bank, L&T and Axis Bank. After rising 164 points in early trade on Wednesday, the 30-share BSE index was quoting 131.47 points or 0.32 per cent […]
New Delhi: The gross Goods and Services Tax (GST) revenue collected in the month of December 2019 is Rs 1,03,184crore of which CGST is Rs 19,962 crore, SGST is Rs 26,792 crore, IGST is Rs 48,099 crore (including Rs 21,295 crore collected on imports) and Cess is Rs 8,331 crore (including Rs 847 crore collected […]
Bhubaneswar: In a bid to assist visually impaired persons to identify banknotes, the Reserve Bank of India (RBI) today launched a mobile app. The Mobile Aided Note Identifier (MANI) is capable of identifying the denominations of Mahatma Gandhi Series and Mahatma Gandhi (New) series banknote by checking front or reverse side/part of the note including […]
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