(Zee News) Union Finance Minister Arun Jaitley on Thursday said entrepreneurship is going to be a strength of the Indian economy as jobs in the public as well as organised private sectors are not enough for the country`s huge working population.”The strength of the Indian economy is going to be entrepreneurship. There is relevance of both skilling and entrepreneurship in India. In the government, both at Centre and the states, as also public sector enterprises, there is limited capacity of job creation,” Jaitley said. He was speaking at the National Entrepreneurship Awards 2017 event held on the occasion of the…
Author: Aruna Sharma
(AU) प्रधानमंत्री के आर्थिक सलाहकार परिषद के अध्यक्ष एवं नीति आयोग के सदस्य बिबेक देबराय ने कहा है कि भ्रष्टाचार को खत्म करना और काले धन पर रोक लगाना रातोंरात नहीं हो सकता है लेकिन इसके लिए एक प्रक्रिया शुरू हो चुकी है और इसके अच्छे नतीजे सामने आ रहे हैं। जो इसकी आलोचना कर रहे हैं वे माने बैठे हैं कि यह सभी रोगों का इलाज है, लेकिन सरकार ने कभी यह दावा नहीं किया। प्रख्यात अर्थशास्त्री देबराय ने कहा कि नोटबंदी के बाद भ्रष्टाचार के खिलाफ किए गए उपायों के कारण ही बेनामी संपत्तियां जब्त की जा रही हैं।…
(FE) The Goods and Services Tax (GST) Council could bring down the tax rate on as many as 140 items from the highest slab of 28% as it meets in Guwahati on Friday, leaving only 40-odd items in this category, according to government officials. The items most likely to see a lower rate include sanitaryware, detergents, furniture, electrical switches, and plastic and ceramic pipes, among others. The council will deliberate on a key proposal made by a group of state finance ministers (GoM) which called for allowing all taxpayers to file returns quarterly even as they pay taxes on a…
(AU) दिल्ली-एनसीआर में स्मॉग का कहर जारी है। दिल्ली-एनसीआर में जहरीली हवा के कारण अगले 48 घंटे तक का आपातकाल (एयर इमरजेंसी) घोषित कर दिया गया है। राष्ट्रीय राजधानी में पीएम 2.5 और पीएम 10 का स्तर अभी भी सामान्य सीमा से कई गुना ज्यादा है जिससे प्रदूषित हवा में सांस लेने को मजबूर लोगों को कई तरह की स्वास्थ्य समस्याओं से जूझना पड़ रहा है। विजिबिलिटी इतनी कम हो गई है कि 10 मीटर तक भी दिखाई नहीं दे रहा है। विजिबिलिटी ने गाड़ियों की रफ्तार पर ब्रेक लगा दिया है। लगातार हादसे हो रहे हैं। बुधवार को धुंध की वजह से यमुना…
(FE) The Narendra Modi government’s flagship Pradhan Mantri Ujjwala Yojana (PMUY), which has provided more than 3 crore liquefied petroleum gas (LPG) connections to poor households over the last one and a half years, has had a multiplier effect on the manufacturers of equipment such as cylinders, pressure regulators, stoves and tubing — most of which fall in the micro, small and medium enterprises (MSME) segment. The number of cylinder makers across the country in 2014-15 was 102, which has gone up to 146 in 2016-17 and this industry’s turnover has surged from Rs 3,491 crore to Rs 5,258 crore during the…
Steel Authority of India Ltd. (SAIL) registered 21% growth in net sales revenue which stood at Rs. 13,442 Crore for the second quarter of FY17-18 (Q2FY18) as against Rs. 11,080 in CPLY. SAIL’s emphasis on increasing the share of high value products in its basket has begun to positively influence revenue earnings. SAIL recorded 4% growth in domestic sales in H1FY18 (Apr-Sept’17) with 21% improvement in sales of high value products like Cold Rolled and galvanized products. There has also been a sizeable 30% improvement in sales of railway products during H1 FY18. Registering positive EBITDA for the sixth consecutive…
Hindustan Petroleum Corporation Limited has posted Profit After Tax of Rs. 2659 crore during half year ended April-September, 2017. Gross sales increased by 14.8% to Rs. 1,14,044 crore during April-September, 2017 as compared to Rs. 99,350 crore for corresponding period of the previous year. Oil marketing company Hindustan Petroleum Corporation Ltd (HPCL) on Thursday posted 147.35 per cent year-on-year (YoY) rise in net profit at Rs 1,734.74 crore for the quarter ended September 30, 2017 against Rs 701.32 crore in the corresponding quarter last year. Average gross refining margin, the profit earned on each barrel of crude processed, advanced to $6.75…
Airlifting of the injured for the best available medical treatment, donating blood to patients and helping the victims with the physical presence of employees, NTPC family is extending all possible support to those affected by the accident that took place in NTPC- Unchahar on November 1, 2017. NTPC has extensively used 13 trips of air ambulances and 2 trips of Indian Air Force planes to take the injured to Delhi at the best of the treatment available in the country . For speedy road transportation of the victims, green corridors were created 24 times for evacuation of patients from the…
As part of the series of Road to GES events, in the run up to the Global Entrepreneurship Summit, NITI Aayog along with Proffer, a blockchain startup founded by graduates of MIT and Harvard, are organising a Blockchain summit and hackathon at IIT Delhi from Nov 10-13, 2017.The objective of the event is to explore how blockchain architectures can enable a new digital infrastructure for India, improving efficiency, transparency, privacy, and cost across all sectors.1,500+ students from IITs, MIT, Harvard, Berkeley, and top engineering institutions around the world will be participating in the event, with 500 attending in-person on IIT…
(ET) Following Sri Lanka’s request for emergency shipment of fuel, Prime Minister Narendra Modi on Wednesday assured President Maithripala Sirisena of “all possible assistance.” The two leaders spoke over telephone and a 21,000 kilolitre-shipment left Paradip Refinery in Odisha on Wednesday, according to a press statement issued by the Indian High Commission in Colombo. Lanka IOC, the Indian Oil Corporation subsidiary in Sri Lanka, has made 3,500 kilolitres from its stock available to the state-owned Ceylon Petroleum Corporation (CPC), with which it controls retail distribution of fuel in Sri Lanka. On Friday, a sudden fuel shortage gripped the country after CPC rejected…