(PTI) Ending years of speculation, Priyanka Gandhi Vadra formally entered politics on Wednesday with the Congress appointing her general secretary for Uttar Pradesh East in a move reflecting the party’s intent to go full throttle in the state ahead of the general elections. She will take over her new assignment in the politically crucial state — a Congress bastion till the mid 1980s — from the first week of February, a statement from the party said. The appointment is being seen as a masterstroke which will boost the morale of party workers in a state where Congress influence has been waning…
Author: Amit Bhanot
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT). The National Bench of the Appellate Tribunal shall be situated at New Delhi. GSTAT shall be presided over by the President and shall consist of one Technical Member (Centre) and one Technical Member (State). The creation of the National Bench of the GSTAT would amount to one time expenditure of Rs.92.50 lakh while the recurring expenditure would be Rs.6.86 crore per annum. Goods and Services Tax Appellate Tribunal is the forum of second appeal in…
Modi inaugurates Subhash Chandra Bose Museum at Red Fort, New Delhi
Bharat Heavy Electricals Limited (BHEL) has secured an additional order from Maharashtra State Power Generation Company (Mahagenco) for its ongoing 660 MW coal-based supercritical thermal power project at Bhusawal thermal power station (Unit 6). The project is being executed by BHEL on Engineering, Procurement & Construction (EPC) basis at Jalgaon district in Maharashtra. Mahagenco has reposed faith in BHEL by awarding the additional order for installation of emission control equipment, changes in various equipment/subsystems due to change in coal, modification in CHP/AHP, etc. With this order, the revised order value for the Bhusawal TPS Unit 6 EPC project is now…
Market capitalization of CPSEs at BSE increased from 13.66% as on 31 March 2016 to 14.61% as on 31 March 2017. Interestingly 50 CPSEs traded on stock exchanges of India as on 31.03.2017. Based on stock prices on Bombay Stock Exchange (BSE), as on 31.03.2017, the market capitalization of 50 CPSEs stood at Rs. 17.76 lakh crore as against Rs. 12.94 lakh crore stood as on 31.03.2016. Thus, there was increase in market capitalization of CPSEs by mammoth 37.24% (Rs.4.82 lakh crore) as on 31.03.2017 over market capitalization as on 31.03.2016. Important to note that after Modi government has taken charge…
(ET) Continuing its upward trend, the petrol prices in the national capital on Monday witnessed a significant rise of 1.02 rupees per litre while diesel became costlier by 26 paise per litre. Petrol in Delhi now costs Rs 71.14 per litre while diesel rate touched Rs 65.71 per litre. On Sunday, petrol was sold at Rs 70.12 per litre and diesel at Rs 65.45 per litre. Fuel prices in Mumbai rose only marginally with petrol getting costlier by 0.19 paise per litre. Diesel in the financial capital of the country was being sold at Rs 68.81 per litre.
(PTI) Fresh snowfall was witnessed in the higher reaches of Kashmir Monday and rains lashed the plains even as there was some respite from cold wave for valley residents. Moderate rains lashed the plains of Kashmir from early hours of Monday while there were reports of snowfall in higher reaches of the valley, officials said here. The MeT Office has forecast widespread rain and snow over the state with heavy falls at isolated places till Tuesday. The minimum temperature in Srinagar Sunday night settled at minus 0.3 degree Celsius, same as previous night, a MET official said. He said Qazigund, the gateway town…
(DJ) भारतीय प्रतिभूति एवं विनिमय बोर्ड (सेबी) ने इंजीनियर क्षेत्र की प्रमुख कंपनी लार्सन एंड टुब्रो (एलएंडटी) के 9,000 करोड़ रुपये के शेयर बायबैक प्रस्ताव को मंजूरी देने से इनकार कर दिया है। सेबी का कहना है कि इससे कंपनी के कर्ज और इक्विटी का अनुपात बिगड़ जाएगा। बाजार नियामक ने 18 जनवरी को लार्सन एंड टुब्रो को लिखे अपने पत्र में कहा, “इसलिए आपको सलाह दी जाती है कि आप इस बायबैक ऑफर को आगे न बढ़ाएं। शेयरों के बायबैक के बाद कंपनी पर बकाया कुल गारंटी और बगैर गारंटीवाला कर्ज उसकी चुकता पूंजी और मुक्त आरिक्षित कोष के दोगुना…
(DJ) एक फरवरी को पेश होने वाले बजट 2019 के डॉक्यूमेंट्स की प्रिंटिंग (छपाई) की प्रक्रिया हलवा रस्म के साथ शुरू हो गई है। वित्त मंत्रालय में आयोजित हुई इस इस हलवा रस्म के दौरान वित्त राज्य मंत्री शिव प्रताप शुक्ला, आर्थिक मामलों के सचिव शुभाष चंद्र गर्ग और सड़क परिवहन और राजमार्ग राज्य मंत्री पोन राधाकृष्णन मौजूद रहे। हमेशा की ही तरह बजट डॉक्यूमेंट्स की छपाई का काम बजट के संसद में पेश होने से दस दिन पहले शुरू हो जाता है। लंबे समय से चली आ रही इस रस्म के अनुसार बड़ी कड़ाही में हलवा बनाया जाता है और…
(PTI) The farm credit target is likely to be raised by about 10 per cent to a record Rs 12 lakh crore in the 2019-20 Budget to be presented on February 1, according to sources. For the current fiscal, the government has set a credit target of Rs 11 lakh crore. “The government has been increasing the credit target for the farm sector every year. This time too, the target is likely to be increased by around 10 per cent or Rs 1 lakh crore to Rs 12 lakh crore for the 2019-20 fiscal,” the sources said. The agricultural credit flow has…