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Cabinet allows up to 20 pc FDI in IPO-bound LIC: Sources

New Delhi, Feb 26 (PTI) The government on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer, sources said. The decision in this regard was taken by the Union Cabinet, chaired by Prime Minister Narendra Modi. [...]

Cabinet approves offering of coal via common e-auction window

New Delhi, Feb 26 (PTI) The government on Saturday approved offering of dry-fuel by coal companies, including state-owned CIL, through a common e-auction window instead of sector specific auctions. The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. In a statement, the coal [...]

Lanka IOC raises petrol, diesel prices

Colombo, Feb 26 (PTI) Indian Oil Corporation's Sri Lankan subsidiary raised the price of petroleum by Rs 20 on Saturday, citing hike in fuel costs globally. Apart from the price revision of petroleum, diesel will now be Rs 15 costlier. This fuel price hike is the second this month by Lanka Indian Oil Company (LIOC). [...]

Cabinet allows up to 20% FDI in IPO-bound LIC: Sources

New Delhi, Feb 26 (PTI) The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment (FDI) under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer, sources said. The decision in this regard was taken by the Cabinet, chaired by Prime Minister Narendra Modi. [...]

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Cabinet allows up to 20 pc FDI in IPO-bound LIC under automatic route: Sources. PTI RR ANZ ABM ABM

Biz with over Rs 20 cr turnover to mandatorily generate e-invoice from April 1

New Delhi, Feb 26 (PTI) Businesses with turnover of over Rs 20 crore will have to generate electronic invoice for B2B transactions from April 1, the Central Board of Indirect Taxes and Customs has said. Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of [...]

India Turned COVID-19 Crisis into an Opportunity of Growth – Priyam Gandhi-Mody

Sunjay Sudhir, Indian Ambassador to the UAE launches The Book ‘A Nation to Protect’, showcasing India’s COVID-19 response under the leadership of Prime Minister Narendra Modi, in the UAE at India Pavilion, EXPO2020 Dubai, United Arab Emirates (NewsVoir) India Pavilion yesterday witnessed the release of “A Nation to Protect: Leading India Through the COVID Crisis” [...]