Jewellers of India are on 3 days strike post imposition of 1 % excise duty in Union Budget 2016-17. They have also expressed feedback on customer’s pan card saying that many customers do not have pan card. Government has made pan card compulsory over jewellery purchase over Rs 2 lakhs. Ahmedabad, Rajkot and Saurashtra jewellers […]
Business
Business
Gujarat government’s new Electronics policy; subsidy upto Rs 100 Cr on EMC setup
Gujarat Government has announced subsidy upto Rs 100 crores on capital cost to establish a Electronics Manufacturing Cluster (EMC) in state in addition to other incentives under its ‘Electronics Policy 2016’. “This new policy is aimed at attracting an investment of USD 6 billion in the next five years, and aims to create 5 lakh […]
BSE Sensex rebounds over 436 points on rate cut hopes
A day after suffering losses following the presentation of the Union Budget, the benchmark Sensex bounced back by over 436 points on Tuesday, bolstered by renewed hopes of a rate cut by the Reserve Bank amid positive Asian cues. With the Budget out of the way, the focus now shifts to RBI Governor Raghuram Rajan’s […]
Gujarat CM welcomes Union Budget 2016-17 by Modi led NDA govt
Today Gujarat Chief Minister Aanandiben Patel welcomed Union Budget 2016-17 by Modi led NDA government. CM said while appreciating the budget is focusing on development of rural India, farmers and youth will boost growth, generate employment & opportunities for common man. ‘Standup India’ for aspiring SC/ST and women entrepreneurs, relief on affordable housing will benefit […]
Petrol price down by Rs 3.02 per litre, diesel price up by Rs 1.47 per litre
Today Price of petrol was lowered by Rs 3.02 per litre and price of Diesel was raised by Rs 1.47 per litre. Revised prices will be effective from the midnight of February 29 and March 1. New fuel prices were declared immediately after presenting of Budget 2016-17 by finance minister Arun Jaitley.
Sensex regains 23,000, Nifty above 7,000 ahead of Economic Survey
The benchmark Sensex reclaimed the 23,000-mark as it rebounded by over 251 points in early trade today, spurred by buying by funds and retail investors ahead of release of the Economic Survey later in the day. The beginning of the March series in derivatives contracts and positive global cues kept mood upbeat. The 30-share index […]
Astroflix.com to launch Globally in Mobile World Congress, Barcelona!
Mumbai: In probably the first of its kind move, India’s number One and World’s number Three Astrology portal, www.GaneshaSpeaks.com is to globally launch its online video offering, Astroflix.com – World’s First 4K Zodiac Channel, at the Mobile World Congress 2016 at Barcelona, Spain this Monday. Mobile World Congress, a global event, known to attract 2000+Exhibitors […]
Railway Budget 2016-17 Highlights: Budget presented by minister Suresh Prabhu
Today in Delhi, Railway Minister Suresh Prabhu presents his second Railway Budget in the Parliament for the year 2016-17. Prabhu said I am happy to announce that action has been initiated on 139 budget announcements made last year. Highlights of Railway Budget 2016-17 are as follows: 8.5 lakh crore to be spent over 5 years […]
Gatishil Gujarat’s Gatishil Budget of Rs 85557.78 cr for 2016-17
Today afternoon in Gandhinagar, Gujarat Finance Minister Saurabh Patel presents Budget 2016-17 in Assembly. Allocation of funds (rupees in crores) for Budget for 2016-17 are as follows: Agriculture and allied activities: 5940.08 Rural Development: 2764.89 Special Zone development programs:50 Irrigation and flood:14294.20 Energy:6823.82 Industries and minerals:2955.26 Transport:7969 TeleCommunication:997.35 Science and environment:721.96 General Financial Services:2645.78 Social […]
Nepal will import 80MW electricity from India
Nepal will import up to 80 megawatts of electricity from India beginning tomorrow to ease the ongoing energy crisis plaguing the country. Prime Minister Narendra Modi and his Nepali counterpart KP Sharma Oli will inaugurate the Dhalkebar-Muzaffarpur transmission line using a remote control from Hyderabad House in New Delhi tomorrow to supply electricity to Nepal, […]