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Daily Archives: February 4, 2019

GST collection may grow 18% in FY20: govt.

The Union government has projected over 18% growth in Goods and Services Tax (GST) collections in 2019-20 based on the rising trend in revenue mop-up witnessed during the three-month period ending January 2019, Revenue Secretary Ajay Bhushan Pandey said. “Last fiscal our average collection was Rs. 89,000 crore. This fiscal …

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Amazon evaluating changes to FDI rules

U.S. e-tail giant Amazon sees “very good long-term prospects” in the Indian market but is evaluating recent changes in FDI rules for online marketplaces to ensure there are no “unintended consequences” for customers and sellers on its platform, a top company official has said. With the new rules coming into …

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A ‘pink revolution’ quietly takes shape in Maharasthra

High quality pork to benefit farmers, consumers A ‘pink revolution’ is quietly taking shape in Maharashtra. The objective is to breed imported pigs to address the problem of protein deficiency in a sizeable section of the population that has been deprived of access to affordable meat besides providing livelihood to …

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A date with prosperity

Surrounded by industries, this farm stands out in Vanjipalayam area, less than 10 km from the knitwear town of Tiruppur. Bunches of golden yellow fruits hang from the trees in the months of June, July and August. K.G. Murugavel grows the Barhee variety of dates on his 2.5-acre plot. Switching …

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Indian phones pale before Chinese dragon

Chinese products, marketing savvy have pushed Indian brands to 9% market share, from 50% in 2014 Once among the go-to smartphone brands for Indian consumers, home-grown mobile phonemakers such as Micromax, Lava, Karbonn and Intex are now struggling to make a mark. These brands have been unable to challenge the …

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