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Daily Archives: January 21, 2019

‘In 2019, India to beat U.K. in economy size’

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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