NEW DELHI – You could soon take a seaplane from the bank of the Yamuna River to Ayodhya or from Mumbai to Shirdi for a pilgrimage. the Sagarmala Development Company (SDCL), under the Ministry of Navigation and Inland Waterways, issued an Expression of Interest (EoI) on Saturday for seaplane services …
Read More »Imports rise for the first time since last February, exports fall 0.8%
NEW DELHI: Indicating a rebound in economic activity, imports increased for the first time since February, increasing 7.6% to $ 42.6 billion in December, while exports were 0.8% lower to $ 26.9 billion due to lower shipments of oil products to UAE and parts of Europe. As a result, the …
Read More »Tower damage case: Airtel writes to DoT, says Jio’s charges against him are ‘unfounded, scandalous’
NEW DELHI: After JioAlleged allegations that rival telco channel partners were inciting and provoking agitators involved in tower disruption, Airtel has released a letter to the telecommunications department criticizing the charges as unfounded and scandalous. Airtel has told the department of telecommunications (DoT) that Jio’s accusations against him did not …
Read More »Exports fall 0.8% in December, trade deficit increases to $ 15.71 billion
NEW DELHI: Hiring for 3rd month in a row, India exports was marginally reduced by 0.8% in December 2020 even when the trade deficit expanded to $ 15.71 billion due to the increase in imports. Exports in December 2020 stood at $ 26,890 million, compared to $ 27.11 in the …
Read More »Innovation, integrity and inclusion will help build ‘Atmanirbhar Bharat’: PM Modi
SAMBALPUR / ODISHA: Prime Minister Narendra modi on Saturday he said that innovation, integrity and inclusion have become the key mantras in the field of administration which can help the country to achieve the goal of ‘Atmanirbhar Bharat’. Laying the foundation stone for the permanent campus of IIM-Sambalpur Through a …
Read More »RIL and Mukesh Ambani fined for ‘manipulative trades’
MUMBAI: Markets regulator Sebi fined Reliance Industries, Mukesh Ambani and two other entities a total of Rs 70 crore on Friday for alleged manipulative trading of the shares of Reliance Petroleum, which merged with RIL in 2009 in a case that was dates back to 2007. Sebi, in his 95-page …
Read More »GST cleanup increases 11.6% in December to a record high of Rs 1.15 lakh cr
NEW DELHI: Tax collection on goods and services increased 11.6% in December to hit a record 1.15 lakh crore rupees due to higher demand, in part due to Diwali, better compliance and higher prices for some goods. The latest released data showed that collections in December, which were for November …
Read More »Air travel between India and the UK will partially resume from January 8 with 30 weekly flights
NEW DELHI: Flights between India and the United Kingdom (UK) will resume from January 8, Civil Aviation Minister Hardeep Singh Puri said on Friday. However, to ensure strict adherence to all protocols, Indian and UK airlines will each operate 15 flights per week, i.e. 30 weekly flights, to and from …
Read More »GST Collections at All-Time High of Over Rs 1.15 Lakh Crore in December
NEW DELHI: GST Collections hit a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and a renewed economy. GST gross revenue collected in December 2020 is Rs 1,15,174 crore and is the highest since the introduction of Tax on goods and services since July 1, …
Read More »Trump Extends Freeze on H-1B Visas and Other Work Visas Until March 31; Indian IT professionals will be affected
WASHINGTON: US President Donald Trump extended the freeze on the most sought after H-1B visas along with other types of foreign work visas for three months to protect American workers, saying that while the therapies and Covid-19 vaccines are recently available, their effect on the labor market and community health …
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