(LiveMint) Federal indirect tax body, the Goods and Services Tax (GST) Council will consider reducing tax rates on a host of products on Saturday amid an intense political debate between Prime Minister Narendra Modi-led NDA government and the opposition Congress party on the tax reform’s implementation. The Concil’s 31st meeting will discuss reducing tax rate on items in the highest slab of 28% such as cement, cameras and dish washers as well as on products that are of local interest to individual states. However, there is no final word on the proposal for a disaster cess to raise resources for rebuilding states that face…
Author: Aruna Sharma
(ET) India is considering building emergency stockpiles of natural gas, on the lines of strategic oil reserves, to deal with supply disruption amid the country’s growing dependence on fuel and its import. The government wants domestic consumption of natural gas, a cleaner fossil fuel, to rise two-and-a-half times by 2030 and is encouraging big public and private investments in gas production, import, transport and distribution infrastructure. Local demand increased 5.5% between April and October to 35.1 billion cubic meters, increasing dependence on imports to 47% of total consumption from 44% a year earlier. “Today, we consume very little gas but once new…
(ET) The Muslim Women (Protection of Rights on Marriage) Bill, 2018, commonly known as triple talaq bill, will be discussed in the Lok Sabha on December 27. The Bill — which is aimed to protect the rights of married Muslim women and prohibit divorce by pronouncing talaq by their husbands — that was part of Thursday’s legislative business was postponed by Lok Sabha Speaker Sumitra Mahajan following request of Congress MP Mallikarjun Kharge. Soon after Mahajan asked Revolutionary Socialist Party (RSP) MP N.K. Premchandran to speak over the Bill, which was listed for the legislative business for consideration and passage, Kharge stood…
(AU) केंद्रीय वित्त मंत्री अरुण जेटली ने कहा कि केंद्र सरकार चालू वित्त वर्ष में अगले कुछ महीनों में सार्वजनिक क्षेत्र के बैंकों में 83,000 करोड़ रुपये की पूंजी डालेगी। इससे पहले बृहस्पतिवार को ही अनुपूरक मांग की दूसरी किस्त के जरिए सार्वजनिक क्षेत्र के बैंकों में 41,000 करोड़ रुपये डालने के लिए केंद्र सरकार ने संसद से मंजूरी मांगी। इसी के साथ चालू वित्त वर्ष में सार्वजनिक क्षेत्र के बैंकों में 65,000 करोड़ रुपये के बदले अब 1.06 लाख करोड़ रुपये की पूंजी डाली जाएगी। वित्त मंत्री जेटली ने कहा कि सरकार द्वारा पूंजी डालने से सार्वजनिक क्षेत्र के बैंकों…
(PTI) Extreme cold wave conditions prevailed in most parts of Uttarakhand, with Almora facing sub-zero temperatures for the last 24 hours, an official. According to the Regional Met Office, as many as 11 cities in the hill state are witnessing temperature below 5°C. Mussoorie recorded a minimum temperature -1°C on Thursday. The winter chill is also being felt in the plains.
(AU) दिल्ली-एनसीआर में भी सर्दी ने तेवर दिखाने शुरू कर दिए हैं। पहाड़ों की सर्द हवाओं से न्यूनतम तापमान में लगातार गिरावट दर्ज की जा रही है। राजधानी में बुधवार रात न्यूनतम तापमान में बड़ी गिरावट के कारण बीते सात साल का रिकॉर्ड टूट गया है। यहां न्यूनतम तापमान सामान्य से चार डिग्री कम 4.0 डिग्री सेल्सियस दर्ज किया गया। वर्ष 2011 के बाद 19 दिसंबर को कभी भी न्यूनतम तापमान में इतनी गिरावट नहीं हुई। दिल्ली-एनसीआर में गुरुग्राम सबसे ठंडा रहा। यहां न्यूनतम तापमान 1.8 डिग्री सेल्सियस दर्ज किया गया। मौसम विभाग ने दो दिन पहले दिल्ली, पंजाब, राजस्थान, हरियाणा…
(FE) Cash-strapped Air India could soon get equity infusion worth Rs 2,345 crore as part of the turnaround plan to meet its working capital requirements. The government on Thursday sought Parliament’s nod to grant Rs 2,345 crore to the ailing carrier and `1,300 crore for Air India Asset Holding Company, the special purpose vehicles (SPV) housing airline’s debt. The proposal was part of second batch of supplementary demands for grants 2018-19 tabled by finance minister Arun Jaitley . Air India has been facing delay in disbursing salaries and few of its planes are grounded due to lack of spares.
(AU) सरकारी बैंकों के अधिकारियों की यूनियन ने शुक्रवार और 26 दिसंबर को देशव्यापी हड़ताल का एलान किया है। इससे लोगों को परेशानी का सामना करना पड़ सकता है। हड़ताल के लिए शुक्रवार का दिन चुनने से साप्ताहिक अवकाश और क्रिसमस की छुट्टी के कारण अगले पांच दिनों तक बैंक बंद रहेंगे। एआईबीओसी के संयुक्त महासचिव रविंदर गुप्ता ने कहा है कि हमने वेतन-भत्ते की समीक्षा करने की मांग की है। इसके अलावा सरकारी बैंकों के विलय के खिलाफ हमारा विरोध है। हड़ताल का आह्वान ऑल इंडिया बैंक ऑफिसर्स कंफेडरेशन (एआईबीओसी) ने किया है। तीन लाख से ज्यादा बैंक कर्मियों के हड़ताल में…
(PTI) The board of Oil and Natural Gas Corp (ONGC) approved buyback of 25.29 crore shares for Rs 4,022 crore. Tn a regulatory filing, ONGC board approved buyback of 1.97 per cent of equity shares for Rs 159 apiece.In a regulatory filing, ONGC said its board had approved “buyback of equity shares of the company not exceeding 25.29 crore being 1.97% of the total paid-up equity shares of the company at the price of ₹159 per equity share payable i0n cash for an aggregate consideration not exceeding ₹4,022 crore.”
(Tribune) Prime Minister Narendra Modi on Wednesday gave his consent to visit Dharamsala in Himachal Pradesh and address a rally on the occasion of completion of one year in office of the current BJP government in the state. Modi gave the consent when Himachal Pradesh Chief Minister Jai Ram Thakur met him to request for his visit and to address the celebratory rally. Following the meeting, the state government issued a statement here, saying Jai Ram Thakur “urged the Prime Minister for his blessings and guidance on the occasion”. “The Prime Minister has agreed to visit Dharamsala on December 27”, it was…