India is likely to surpass the United Kingdom in the world’s largest economy rankings in 2019, according to a report by global consultancy firm PwC.As per the report, while the U.K. and France have regularly switched places owing to similar levels of development and roughly equal populations, India’s climb up …
Read More »Daily Archives: January 21, 2019
Soon, no e-way bills for non-filers of GST returns
Non-filers of GST returns for six consecutive months will soon be barred from generating e-way bills for movement of goods.The Goods and Services Tax Network is developing an IT system such that businesses that have not filed returns for two straight returns filing cycles, which is six months, would be …
Read More »GST: construction equipment gets a boost
GST implementation was indeed a long-awaited, welcome decision by the government which has helped construction equipment industry to align tax rates at a single point.It has helped the industry by relieving them from various procedural restrictions which existed while goods were under transit, like waybills, transit passes and its connected …
Read More »Brokers want SEBI to roll back new risk management framework for F&O
The Securities and Exchange Board of India’s (SEBI) recent move to revise the risk management framework by tweaking the margin requirements for equity derivatives segment is facing resistance with broker associations demanding a roll back or at least an indefinite postponement of the new norms that will come into effect …
Read More »Rationalise new norms for external borrowing: NSEFI
National Solar Energy Federation of India (NSEFI), a non-profit organisation, has written to the Prime Minister’s Office requesting to direct the Reserve Bank of India (RBI) to rationalise the new ECB framework suitably, excluding repayment of rupee loans from the negative list.NSEFI apprises you that till date, RBI allowed the …
Read More »As you reap, so shall you add value to farm produce
A fusion of traditional practices, management expertise and technology has taken agriculture to a higher level at a farm located in Udayampuli Village of Tirunelveli district. Jaycee Agro Farms has emerged as a model in which the farmer is in control of the food chain — from production to marketing.The …
Read More »A pill a day keeps the doctor away
Omega-3 is an important fatty acid with immense health benefits for the body and brain. It is found in abundance in fish oil and many pharmaceutical companies extract the oil to develop it into a pill for daily dosage.While the health benefits of Omega-3 cannot be disputed, many — especially …
Read More »Traders to mobilise and vote as one: CAIT
The trading community has decided to make its presence felt as a single consolidated vote bank for the upcoming general elections. The Confederation of All-India Traders (CAIT) said on Sunday that from February 1, its officials would travel to nearly 100 cities to convince traders and their staff to vote …
Read More »RBI: on the horns of a dilemma
After changing the stance of the monetary policy in the October review meeting to ‘calibrated tightening’ from ‘neutral’, the Reserve Bank of India (RBI) under Shaktikanta Das may choose to change the stance back to ‘neutral’ again in the February review meeting, after retail inflation grew at the slowest pace …
Read More »117 feared dead in Mediterranean incident
More than 100 African migrants who set off in a rickety, inflatable dingy have died in a wreck off the Libyan coast, humanitarian workers said on Saturday, in what was the deadliest such episode in recent months. The scale of the catastrophe became clear after three survivors, two Sudanese and …
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