New Delhi, Mar 12 (PTI) The Consumer Affairs Department will organise 'Consumer Empowerment Week' during March 14-20, coinciding with World Consumer Rights Day. In an official statement, the department said that the 'Consumer Empowerment Week' to celebrate and commemorate 75 years of progressive India and the glorious history of its people, culture and achievements. The [...]
Interest rate on employees' provident fund deposits on Saturday was cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year. This is the lowest interest rate since 1977-78 on deposits that employees make towards their retirement fund. Interest rate on employees provident fund [...]
New Delhi, Mar 12 (PTI) Union minister Nitin Gadkari on Saturday said the government is targeting a pace of 50 km per day for national highways' construction in the country, and expressed hope that the pace in the current fiscal year will be higher than that in 2020-21. Addressing 'ET Global Business Summit' virtually, Gadkari said the [...]
New Delhi, Mar 12 (PTI) CPI MP Binoy Viswam on Saturday urged Finance Minister Nirmala Sitharaman to reconsider the decision of reducing the EPFO interest rate accusing the government of “throwing the working class under the bus”. In a letter he wrote to the minister, Viswam accused the BJP-led government of showing its “true colours” [...]
New Delhi, Mar 12 (PTI) The railways will now open food plaza, fast food units and multi-cuisine restaurants, taking over from its catering arm IRCTC, in a bid to generate non-fare revenue, according to an order issued by the Railway Board. The Indian Railway Tourism and Catering Corporation (IRCTC), which is responsible for serving food [...]
New Delhi, Mar 12 (PTI) Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months. Addressing 'ET Global Business Summit' virtually, Gadkari further said the government is working on a plan to shift public transport to 100 per cent clean energy [...]
New Delhi, Mar 12 (PTI) Bureau of Indian Standards (BIS) has seized 1,032 pressure cookers and 936 helmets which were found to be without ISI mark and violated the Quality Control Orders (QCO), the government said on Saturday. The BIS has conducted search and seizure operation for violation of QCO on helmets and pressure cookers, [...]
Dubai, Mar 12 (PTI) Union Steel Minister Ram Chandra Prasad Singh on Saturday said production of steel in India will increase in the years to come as it expands scale of reprocessing scrap materials. Speaking to PTI here, Singh said as part of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) it will be easier for [...]
New Delhi, Mar 12 (PTI) The RBI has lifted all restrictions on HDFC Bank, permitting it to launch new digital initiatives, the private sector lender said on Saturday. "We would like to inform one and all that the Reserve Bank of India (RBI) has lifted the restriction on the business generating activities planned under the [...]
New Delhi, Mar 12 (PTI) Union Minister Hardeep Singh Puri on Saturday launched the ‘India WaterPitch-Pilot-Scale Start-up Challenge’, under which the government will select 100 start-ups and they will be provided with Rs 20 lakh each as funding support as well as mentorship, a statement said. According to the Ministry of Housing and Urban Affairs, [...]
