Business

NEW DELHI: On Monday, the GST Council failed to reach any consensus for the second time in a week on compensating states for the shortfall in GST collections. The meeting, chaired by Finance Minister Nirmala Sitharaman, was a continuation of the 42nd. GST Council Meeting held last week. Addressing the …

There was short-term pressure on Mazagon Dock with leveraged investors selling and exiting the market, he says Nitin raheja, Co-Founder, AQF Advisors. On the AMC Mazagon Dock and UTI Charts From a valuation perspective, the Mazagon Dock IPO was very attractively priced. It has been a great experience for retail …

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Tribune news service Chandigarh, October 12 The Punjab government decided on Monday to open more activities in the areas outside the containment zones after October 15. A spokesman for the Punjab government said a decision has been made to reopen schools and training institutions gradually after October 15, subject to …

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NEW DELHI: The fiscal cost and impact on economic activity of measures unveiled by the government on Monday to stimulate consumer demand and capital spending appear to be “fairly modest” but may help build confidence in the short term, economists said. Finance Minister Nirmala Sitharaman announced on Monday measures to …

In a move to boost consumer demand in the economy during the holiday season, the government on Monday announced a series of schemes such as paying cash instead of LTC and ₹Advance of 10,000 festivals to government employees. The advancement of the festival along with similar advancements were abolished on …

Americans Paul R Milgrom and Robert B Wilson have won the Nobel Prize in Economics for “improvements in auction theory and inventions of new auction formats.” The winners were announced in Stockholm on Monday by Goran Hansson, secretary general of the Royal Swedish Academy of Sciences. The award culminates a …

Power supply has been restored in several areas in Mumbai, Maharashtra Energy Minister Nitin Raut said on Monday after a grid failure caused a widespread outage in the state capital and its suburbs that affected services. trains, delayed exams and caused traffic jams. “Power supply has been restored to all …

This year’s economics honorees, Paul Milgrom and Robert Wilson, have improved auction theory and invented new auction formats, benefiting sellers, buyers and taxpayers around the world, ”said the academy. The 2020 Sveriges Riksbank Prize in Economics in Memory of Alfred Nobel has been awarded to Paul R. Milgrom and Robert …