New Delhi: The government has not yet taken any decision on the issue of India joining the trade pillar of the Indo-Pacific Economic Framework (IPEF), a 14-member grouping, a senior official said. The IPEF was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 in Tokyo. The 14…
New Delhi: The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/tonne with effect from October 18. As per a government notification, the special additional excise duty (SAED) on crude petroleum has now been reduced to Rs 9,050 per tonne from Rs 12,100 per tonne, effective October 18. The Centre…
New Delhi: Embattled Adani Group on Monday latched on to a complaint by a BJP MP to make its first direct attack on TMC lawmaker Mahua Moitra, who has been at the forefront of criticising the conglomerate ever since Hindenburg alleged fraud, saying groups and individuals have been working overtime to harm its name and…
New Delhi: As India and the UK inch closer to sealing a free trade agreement, a forthcoming book says the pact is critical for India’s ambition to become a manufacturing powerhouse while the UK seeks to clinch new deals to highlight the benefits of Brexit. In his forthcoming book “The Reverse Swing-Colonialism to Cooperation”, veteran journalist…
Well, some peaceniks back home who messed up (or designed mischievously) our foreign policy to suit their domestic purposes, may find fault with the present dispensation at the Centre headed by Narendra Modi’s BJP-led NDA. I, for one, as a citizen, feel that Modi’s spontaneous statement soon after the attack of the innocent Israelis by the most…
Panaji: For years, imported whiskies have been considered a status symbol in India. But the Indian and global palate is changing. Super-premium Indian whiskies are the new toast to whisky lovers globally and Three Monkeys Indian Single-malt whisky distilled by Dr. Mohan Krishna-led Cheers group is in the forefront. The Indian whisky market is very…
New Delhi: The CAG on Friday denied any malfeasance in the transfer of auditors connected with reports that unearthed alleged irregularities in the Centre’s flagship Bharatmala and Ayushman Bharat schemes, saying transfers and postings are a matter of administrative convenience, and attaching ulterior motives to these is highly presumptuous. In a statement, the Comptroller and Auditor…
New Delhi: Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the country’s first international budget carrier, and AIX Connect,…
New Delhi: The CBIC on Thursday said that there is no GST on Gangajal, amid Congress claims that the government has imposed an 18 percent tax on it. “Gangajal is used in pooja by households across the country and puja samagri is exempt under GST… All these items have been exempt since the introduction of…
Mumbai: The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain provisions, including Know Your Customer (KYC) norms. The central bank also found non-compliance with certain provisions related to ‘RBI Guidelines for Licensing of Payments Banks, ‘Cyber security framework in…
