Budget 2017: New law to freeze assets of offenders who flee, bad news for Mallya
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the Budget 2017 on Wednesday, said that the government proposes to freeze the assets of offenders who flee the country, according to media reports.
Jaitley begins Budget 2017 Speech, says demonetisation will improve GDP
New Delhi, Feb 1 (IBNS): Indian Finance Minister Arun Jaitley began presenting the Union Budget 2017 at 11 am on Wednesday batting for the demonetisation policy of PM Modi after initial confusion on whether the budget would be postponed owing to the death of a lawmaker.
Jaitley to present union budget, no postponement owing to MP demise
New Delhi, Feb 1 (IBNS): Indian Finance Minister Arun Jaitley would present the Union Budget 2017 at 11 am on Wednesday after initial confusion on whether it would be postponed owing to the death of a lawmaker.
Tata Motors hosts ‘Small Commercial Vehicle Application Expo’
Mumbai, Jan 31 (IBNS): Furthering initiatives for an enhanced customer purchase experience around its popular range of ACE Small Commercial Vehicles (SCV), Tata Motors recently hosted its ‘Small Commercial Vehicle Application Expo’ – ‘Har Business ka Ace’ in Mumbai, Jaipur, Udaipur, Bhubaneshwar, and Bikaner among the 44 cities where the Expo will take place.
New estimates of labour migration in India have revealed that inter-state labor mobility is significantly higher than previous estimates. This was stated in the Economic Survey 2016-17 presented by the Finance Minister Shri Arun Jaitley in the Parliament today. The study based on the analyses of new data sources and new methodologies also shows that the migration is accelerating and was particularly pronounced for females. The data sources used for the study are the 2011 Census and railway passenger traffic flows of the Ministry of Railways and new methodologies including the Cohort-based Migration Metric (CMM) .
Eight core industries grow by 5.6 pctin December
New Delhi, Jan 31 (IBNS): India's eight core industries regitered a growth of 5.6 per cent in December, official data released on Tuesday said.
Indian IT stocks pull down market on Tuesday
Mumbai, Jan 31 (IBNS): The Indian market plummeted on Tuesday largely due to the decline in share prices of leading Indian IT companies, according to media reports.
Low margins curtails production of Glucose, Marie & Milk Biscuits-Industry demands GST exemption
Kolkata, Jan 31 (IBNS): The Rs.36,000 Crore Indian Biscuit Industry has demanded complete waiver on Good & Services Tax on Low Price High Nutrition (LPHN) Biscuits priced under MRP Rs.100 per Kg.
Intex expands its e-payment services for Android users on Google Play Store
New Delhi, Jan 31 (IBNS): Mobile handset manufacturer Intex Technologies on Tuesday announced their in-house digital e-payment App – Intex MyWallet going live on Google Play Store for all android users outside Intex as well .
Tata Motors kicks-off India’s first Indian Truck Driver Race training & selection program
Kolkata/Mumbai, Jan 31 (IBNS): In keeping with its commitment of making trucking aspirational for Indian drivers and bringing them to truck racing, Season III of T1 Prima Truck Racing Championship will also feature an Indian truck driver’s race for the first time.
Whirlpool launches Air Purifiers
Kolkata, Jan 31 (IBNS): Whirlpool of India Limited, a subsidiary of Whirlpool Corporation, the world’s leading home appliance company, today announced the launch of its Purafresh Air Purifiers with 6th Sense AnionShield Technology and an Intuitive Touch Panel in the Indian market.
Indian IT stocks plummet on fear of strict H1-B visa norms
Mumbai, Jan 31 (IBNS): Indian IT stocks crashed on Tuesday afternoon following the news of the H1-B visa bill being introduced in the US House of Representatives.
Maruti Suzuki NEXA marks another milestone: 200th showroom inaugurated
Hyderabad, Jan 30 (IBNS): Expanding its premium automotive experience, India’s leading passenger vehicle maker, Maruti Suzuki India Limited on Monday inaugurated its 200th NEXA Showroom in Hyderabad.
ASSOCHAM submits suggestions to political parties for inclusion in election manifesto
New Delhi, Jan 30 (IBNS): The Associated Chambers of Commerce and Industry of India (ASSOCHAM) today submitted its suggestions to various political parties in Goa for inclusion in their respective election manifesto.
FM faced with excessive hopes on ‘Solve-All’ Budget: ASSOCHAM
Mumbai, Jan 30 (IBNS): Meeting excessive expectations riding on the forthcoming Union Budget, being seen as a ‘Solve-All’ big mover in the aftermath of demonetization, could be a challenging task for the Finance Minister Arun Jaitley who has to reckon in the fall out of the Goods and Services Tax, stress in the small industry and trade as also the rural landscape, an ASSOCHAM pre-Budget assessment pointed out.