Tag Archives: Business News

The production of eight main industries contracts 9.6% in July

NEW DELHI: Hiring for the fifth consecutive month, the departure of eight core infrastructure sectors fell 9.6 percent in July due to the decline mainly in steel production, refinery products and cement. Output from eight basic sectors had expanded 2.6 percent in July 2019, data released by the Ministry of …

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International flight ban until September 30; flights to and from countries with air bubbles to continue | India Business News

(Representative image) NEW DELHI: The government has extended the scheduled suspension international flights until September 30, 2020. However, scheduled flights travel bubbles india It has started creating with various countries such as the US, UK, Germany and France, and people eligible under government regulations can fly to and from India …

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Mumbai Airport News: Adani Group to Acquire 74% Stake in Mumbai Airport; will take over the upcoming Navi Mumbai airport too | India Business News

NEW DELHI: Paving the way for billionaire group Gautam Adani to acquire a majority stake in Mumbai airport from GVK Group, the two corporations announced on Monday reaching an agreement for Mumbai International Airport Limited (MIAL), as well as the upcoming airport Navi Mumbai. the Adani Group will acquire 74% …

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Center unlikely to give ground on GST compensation

NEW DELHI: The government is unlikely to give in to demands to change the goods and services tax (GST) offset formula despite opposition-ruled states requiring the Center to borrow from the market and transfer funds to cover the deficit between real collections and the promised growth of 14%. Senior government …

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