by PTI News | Apr 5, 2022 | 9:47 pm | Economy, News
Mumbai, Apr 5 (PTI) The country will need USD 17.77 trillion to meet its long term net-zero goals but it will have to find additional resources worth USD 12.4 trillion to complete the green journey, according to a study.If this funding gap is met from external sources then household spending will rise by USD 7.9 [...]
by PTI News | Apr 5, 2022 | 9:35 pm | Economy, News
Jammu, Apr 5 (PTI) Jammu and Kashmir Lt Governor Manoj Sinha on Tuesday said that the Union Territory has registered a record increase in terms of area covered under natural farming, and is giving an impetus to organic farming. He also said that in the long run, organic farming with technology-based assistance will reduce the [...]
by PTI News | Apr 5, 2022 | 9:08 pm | Economy, News
New Delhi, Apr 5 (PTI) The Supreme Court on Tuesday held that a company does not die upon amalgamation with a transferee company which can be fastened with the income tax liabilities of the amalgamated firm depending upon the terms of amalgamation and facts of each case. A bench comprising justices U U Lalit and [...]
by PTI News | Apr 5, 2022 | 8:06 pm | Corporate Action, Economy, News
Mumbai, Apr 5 (PTI) India Inc has raised a record USD 19 billion in green capital in 2021, led by Wall Street major Bank of America, which is only a fraction of the USD 1 trillion that global corporations raised in green financing in the year.While corporate India raised USD 19 billion in green capital [...]
by PTI News | Apr 5, 2022 | 7:20 pm | Commodities, Economy, Foreign Exchange and Rupee Price, News
New Delhi, Apr 5 (PTI) The government on Tuesday extended the timeline for disbursement of loan for ethanol projects under different schemes till September 30 this year, as part of its efforts to boost domestic production and achieve ethanol blending of 20 per cent by 2025. In an official statement, the government said it has [...]
by PTI News | Apr 5, 2022 | 6:58 pm | Economy, News
Jammu, Apr 5 (PTI) The economy of Jammu and Kashmir registered 7.5 per cent growth in last fiscal year on various initiatives undertaken by the finance department, an official said. The department took various initiatives for completion of more projects than in previous years, enhancement of revenue collection, besides ensuring financial discipline for improving public [...]
by PTI News | Apr 5, 2022 | 6:32 pm | Economy, News
New Delhi, Apr 5 (PTI) Parliament on Tuesday passed a bill to revamp the functioning of the institutes of chartered accountants, cost accountants and company secretaries, with Union Minister Nirmala Sitharaman asserting that the changes will usher in transparency and will not in any way impact the autonomy of these bodies. Rajya Sabha passed the [...]
by PTI News | Apr 5, 2022 | 6:25 pm | Economy, News
Mumbai, Apr 5 (PTI) The Reserve Bank on Tuesday said it has decided not to activate the countercyclical capital buffer at this point in time as it is not required.The framework on the countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines in February 2015 wherein, it was [...]
by PTI News | Apr 5, 2022 | 6:10 pm | Economy, News
New Delhi, Apr 5 (PTI) Economic think tank ICRIER on Tuesday said it has partnered with global internet group Prosus to establish a research centre. The centre -- ICRIER Prosus Centre for Internet and Digital Economy (IPCIDE) -- will conduct research at the intersection of technology, policy and economics, ICRIER said in a statement. Areas [...]
by PTI News | Apr 5, 2022 | 6:02 pm | Economy, News
New Delhi, Apr 5 (PTI) The government on Tuesday said action is taken against food adulteration under the Food Safety and Standards Act by state commissioners and food officers at the state and district levels, respectively. In a written reply to the Rajya Sabha, Minister for Health and Family Welfare Mansukh Mandaviya said that Food [...]