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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 […]

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PPF in exemption list, only EPF interest to attract tax

Seeking to dispel fears of the salaried class, the government today said PPF will not be taxed on withdrawal and only the interest that accrues on contributions to employee provident fund made after April 1 will be taxed while principal will continue to be tax exempt. In an interview to PTI, Revenue Secretary Hasmukh Adhia […]

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Would like to direct Hollywood film based in India:Prakash Jha

Filmmaker Prakash Jha says he is open to directing a Hollywood film rooted in India. Jha, who has helmed socio-political films like “Gangaajal”, “Apaharan” and “Raajneeti”, feels it is difficult to direct a movie which is based in a territory he is not familiar with. “My films are rooted here. So, somebody has to give […]

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Ishrat case: Supreme Court to hear plea for quashing action against Gujarat

The Supreme Court today agreed to hear a plea seeking quashing of criminal prosecution, suspension and other actions taken against Gujarat cops in the 2004 alleged fake encounter killing of Ishrat Jahan in view of recent testimony of jailed LET operative David Headley. Headley, the Pakistani-American terrorist, had told to a Mumbai court that Jahan […]

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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 […]

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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 […]

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Hardik Patel’s bail plea hearing now on March 3; Hardik sad over Lalji’s resignation

Today Hardik Patel Patidar leader who is in Lajpore jail was produced in Surat Court under charges of sedition for hearing on his bail plea. On a question about Lalji Patel ‘s resignation Hardik considered it is very sad thing. Now hearing will be held on March 3 as Public prosecutor demanded more time. During […]

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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.

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Virendra Sehwag signed by Cricbuzz as Expert for ICC World T20

Swashbuckling former India opener Virender Sehwag has been roped in by Cricbuzz as its in-house expert analyst for the ICC World T20, which will kick off on March 8th. Sehwag, who has appeared as a panelist on several television-based cricket shows, will be making his first appearance on a wraparound show for a website. As […]

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Lok Sabha brief uproar over privilege motion vs Smriti Irani

The issue of privilege motion against HRD Miniter Smrit Irani created a brief uproar in the Lok Sabha before Finance Minister Arun Jaitely started presenting the Union Budget 2016-17 today. Opposition members were on their feet seeking to know the status of their notices against Irani for “misleading” the House on the Rohith Vemula issue. […]