Kashmir Fallout: India To Restrict Imports From Malaysia
India is considering restricting imports of some products from Malaysia in reaction to the country’s leader criticising New Delhi for its actions in Kashmir.…
BUSINESS NEWS
Passenger Vehicle Sales Drop 24 Per Cent In September
Domestic passenger vehicle sales dropped by 23.69 per cent in Sept to 2,23,317 units, down from 2,92,660 units…
Govt Constitutes Panel To Suggest Measures To Augment GST Revenue
The govt has constituted a committee of officers to suggest measures to augment collections, expand the tax base and check evasion…
Moody’s Cuts India GDP Growth Forecast To 5.8 Per Cent for FY 2020
NEW DELHI – Moody’s Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying the economy was experiencing a pronounced slowdown which is partly related to long-lasting factors.…
Jio to Charge 6 Paisa Per Minute For Voice Calls to Rival Phone Networks
NEW DELHI – Forced by regulatory uncertainty over review of sunset clause for call termination charges, billionaire Mukesh Ambani’s Reliance Jio on Wednesday announced it will charge customers 6 paise per minute for voice calls made to rival phone networks,…
India Slips 10 Places To 68th On Global Competitiveness Index
NEW DELHI/GENEVA – India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the US as the world’s most competitive economy. India,…
Effects Of Global Slowdown More Pronounced In India: IMF
WASHINGTON – The largest emerging market economies like India are experiencing an even “more pronounced” effect of the global downturn, new IMF chief Kristalina Georgieva has said, warning that the global economy is witnessing “synchronized slowdown” which will result in…
Amid Internet Gag, Tax Payers Stare At Fine Upto Rs 5000
SRINAGAR – Thousands of people, who have failed to file Income Tax return due to suspension of internet services for the past over two months in view of unrest in Kashmir valley following scrapping of Article 370 and Article 35…
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