by PTI News | Mar 21, 2022 | 8:10 pm | Economy, News
New Delhi, Mar 21 (PTI) A Parliamentary panel on Monday expressed concern over inadequate budgetary allocation for department of fertilisers for 2022-23 fiscal and asked the finance ministry to allocate sufficient funds in Budget itself for timely and optimum utilisation of the amount. The standing committee on chemicals and fertilisers in its report on 'Demand [...]
by PTI News | Mar 21, 2022 | 8:09 pm | Corporate Action, News
New Delhi, Mar 21 (PTI) Capital markets regulator Sebi on Monday imposed penalties totalling Rs 15 lakh on three entities for indulging in non-genuine trades in illiquid stock options on BSE. In three separate orders, the regulator levied a fine of Rs 5 lakh each on Sanjay Bansal, Abhishek Sheth HUF and Abhishek Mall. The [...]
by PTI News | Mar 21, 2022 | 8:02 pm | Corporate Action, Economy, News
New Delhi, Mar 21 (PTI) Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the Income Tax Act, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to the Lok Sabha, Chaudhary said the government will come out with a [...]
by PTI News | Mar 21, 2022 | 7:58 pm | Economy, News
Jaipur, Mar 21 (PTI) Short-term crop loans of Rs 18,000 crore have been disbursed to farmers in Rajasthan this year and that of Rs 20,000 crore are expected to be sanctioned in the coming year, a state minister said on Monday. State Cooperative Minister Udai Lal Anjana gave this information in reply to a question [...]
by PTI News | Mar 21, 2022 | 7:50 pm | News
New Delhi, Mar 21 (PTI) A Parliamentary panel on Monday suggested that the government should extend the period of repayment of loans under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector. The Parliamentary standing committee on industry has also asked the government to digitise the GST system to ensure paperless refund of [...]
by PTI News | Mar 21, 2022 | 7:32 pm | News
New Delhi, Mar 21 (PTI) Indian Potash Ltd on Monday signed an agreement with Israel Chemicals Ltd for supply of 6-6.5 lakh tonnes muriate of potash (MOP) annually during 2022-27 period. The collaboration is aimed at boosting domestic availability of fertilizers. According to an official statement, Indian Potash Ltd (IPL) signed a Memorandum of Understanding [...]
by PTI News | Mar 21, 2022 | 7:29 pm | News
New Delhi, Mar 21 (PTI) The Union government has sanctioned armed security cover of over 200 CISF personnel to guard the recently launched Jio World Centre, a business and entertainment centre in Mumbai developed by Reliance Industries Ltd (RIL).The centre, touted to be about 12 times larger than a FIFA football field and 10.3 times [...]
by PTI News | Mar 21, 2022 | 7:29 pm | IPO, News
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]
by PTI News | Mar 21, 2022 | 7:28 pm | News
Beijing, Mar 21 (PTI) There were no foreigners among the 132 people on board the Chinese passenger plane which crashed in the southern Guangxi Zhuang Autonomous Region on Monday, the official media reported. The Boeing 737 aircraft of China Eastern Airlines, which flew from Kunming to Guangzhou, crashed in Tengxian County in the city of [...]
by PTI News | Mar 21, 2022 | 7:19 pm | Economy, News
Mumbai, Mar 21 (PTI) There is no prospect of the economy falling into a stagflation vortex and retail inflation is expected to moderate going forward, Reserve Bank Governor Shaktikanta Das said on Monday, notwithstanding fears of imported inflation given the massive spike in commodity prices, especially crude oil, after Russia invaded Ukraine last month. Already [...]
