New Delhi: The Securities Appellate Tribunal (SAT) has refused to give any interim relief to Essel Group chairman Subash Chandra and his son Punit Goenka against a Sebi order that barred them from holding the position of a director or key managerial personnel in any listed company. The appellate tribunal has asked Sebi to file…
New Delhi: The GST Council on July 11 will discuss some more measures to tighten the noose on fake registration and fraudulent generation of input tax credit (ITC) as it looks to check tax evasion, a top official said on Friday. “We are thinking of some other measures and we will take them through the…
New Delhi: HCL Foundation on Friday said it has partnered with the National Cooperative Union of India (NCUI) to train over 5,000 women, youths and artisans from marginalized communities for sustainable income-generating opportunities. As per the Memorandum of Understanding (MoU), HCL Foundation and NCUI’s Centre for Entrepreneurship Development and Cooperation (CEDC) will set up a…
New Delhi: India and the US are working to ‘quickly conclude’ the mutual recognition agreement (MRA) for authorised economic operators of both countries to expedite customs clearances, CBIC Chief Vivek Johri said on Friday. The two countries in September 2021 entered into an MRA to recognise the AEOs of both countries. The AEO programme enables…
New Delhi: Australian Foreign Minister Penny Wong on Friday announced the appointment of Philip Green as Australia’s next High Commissioner to India. Green, who was most recently Australia’s ambassador to Germany, would succeed incumbent Barry O’Farrell. “The Australia-India relationship has never been closer. Australia and India share perspectives, challenges and a democratic heritage,” Wong said, announcing…
New Delhi: Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to USD 34.98 billion in May, while the trade deficit widened to a five-month high of USD 22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery,…
Hyderabad: The city-based National Thermal Power Corporation (NTPC) on Thursday signed an MOA(Memorandum of Agreement) with the Hospital Development Society, Osmania General Hospital under CSR to support procurement of Medical Equipment” for Osmania General Hospital. The initial installation and commissioning of the project will be six months while the annual monitoring of the project including…
Kolkata: The fire that broke out at the Kolkata airport on Wednesday night started at a small room that is used by airlines to store various stationery items, its director C Pattabhi said. Speaking to PTI on Thursday, he said an investigation has already started to ascertain the exact cause of the fire. “The small…
New Delhi: The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with effect from Thursday to boost the domestic availability and check prices, a finance ministry notification said. Usually, India imports ‘crude’ soybean and sunflower oils and not their ‘refined’ form. Yet, the…
Kolkata: India generated an income of USD 7,400 million through medical tourism over the last decade, and the figure is expected to rise to USD 43,500 million in the next 10 years, officials said. The health sector in India has seen many private investments in the past five years, they said on Wednesday at the Indian…
