by PTI News | Mar 11, 2022 | 9:36 pm | Economy, News
New Delhi, Mar 11 (PTI) The government on Friday appointed former financial services secretary Debasish Panda as chairman of the Insurance Regulatory and Development Authority of India (IRDAI). The Appointments Committee of the Cabinet has approved Panda's appointment as chairperson of the insurance regulator initially for a period of three years from the assumption of [...]
by PTI News | Mar 11, 2022 | 9:19 pm | Economy, News
Jammu, Mar 11 (PTI) The Jammu and Kashmir government has set up a honey processing unit in the winter capital of the Union Territory and registered 340 beekeepers of the Jammu division for the facility.KK Sharma, Director, Agriculture Production & Farmers Welfare, Jammu, inaugurated a 100 kilograms capacity unit established under the apiculture development scheme at [...]
by PTI News | Mar 11, 2022 | 9:08 pm | Economy, News
New Delhi, Mar 11 (PTI) The Indian Renewable Energy Development Agency Ltd (IREDA) on Friday signed a pact with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide techno-financial expertise for solarisation of its campuses. IREDA and CIPET function under the Ministry of New and Renewable Energy (MNRE) and the Ministry of Chemicals [...]
by PTI News | Mar 11, 2022 | 8:54 pm | Economy, News
New Delhi, Mar 11 (PTI) Finance Minister Nirmala Sitharaman on Friday invited Canadian pension funds to invest in the National Monetization Pipeline and National Infrastructure Pipeline. The finance minister exchanged views on cooperation for promoting bilateral investment and trade during a meeting with Mary Ng, Canadian Minister of International Trade, Export, Small Business & Economic [...]
by PTI News | Mar 11, 2022 | 8:51 pm | Economy, News
New Delhi, Mar 11 (PTI) Offices of the income tax department across the country will remain open on all Saturdays this month after Union Finance Minister Nirmala Sitharaman directed them to do so in order to resolve taxpayers' issues and grievances, a senior official said on Friday. Sitharaman early this week rapped the policy-making boards [...]
by PTI News | Mar 11, 2022 | 8:50 pm | Economy, News
New Delhi, Mar 11 (PTI) State-owned Indian Bank on Friday said it has declared NPA account Topsgrup Services as fraud for diversion of funds worth Rs 34.08 crore. The non-performing asset (NPA) Topsgrup Services and Solutions Ltd has been declared as fraud and reported to the RBI as per regulatory requirement, Indian Bank said in [...]
by PTI News | Mar 11, 2022 | 8:48 pm | Economy, News
New Delhi, Mar 11 (PTI) The government has earmarked Rs 500 crore for a scheme to provide support to the existing pharma clusters and MSMEs across the country to improve their productivity and sustainability, an official release said on Friday.The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, released the guidelines for the scheme -- [...]
by PTI News | Mar 11, 2022 | 8:46 pm | Economy, News
Mumbai, Mar 11 (PTI) Amid a massive spike in crude oil prices following Russia's invasion of Ukraine, Reserve Bank Deputy Governor Michael Patra on Friday said the government can slash duties on crude and thus prevent the pass-through effect on inflation and sustain the economic recovery as "our growth story remains as weak as it [...]
by PTI News | Mar 11, 2022 | 8:34 pm | Economy, News
New Delhi, Mar 11 (PTI) The government in 2021 eased 79 "burdensome" compliances of the power sector under the EoDB-RCB programme, which were affecting individual consumers and industry, an official statement said Friday.Ease of Doing Business-Reducing Compliance Burden (EoDB-RCB) is a programme of the government to reduce the regulatory compliance burden on citizens and businesses.It [...]
by PTI News | Mar 11, 2022 | 8:22 pm | Economy, News
New Delhi, Mar 11 (PTI) Consumers can now get the purity of their un-hallmarked gold jewellery tested at assaying facilities recognised by the Bureau of Indian Standard (BIS)."The charges for testing of gold jewellery upto 4 articles is Rs 200. For 5 or more articles, the charges are Rs 45 per article," an official statement [...]
