JK trade show 2024; a grand gala of culture, commerce concludes on high note

SRINAGAR: The Jammu and Kashmir trade show 2024, a vibrant celebration of innovation, culture and commerce, concluded on high note on Monday at the picturesque heritage gardens of Government Arts Emporium in Srinagar. Organized by the Jammu and Kashmir Trade Promotion Organization (JKTPO) under the aegis of Industry and Commerce Department, government of Jammu and […]

Centre imposes stockholding limit on wheat to check hoarding ensure price stability

NEW DELHI: Centre has imposed a stockholding limit on wheat for retailers, wholesalers, processors and big-chain retailers from Monday, to check the hoarding of the foodgrain and to ensure price stability, a senior official said on Monday. Single retailers, big-chain retailers, processors and wholesalers will disclose wheat stocks every Friday, said Union Food Secretary Sanjeev […]

Market ends on higher note in volatile session

NEW DELHI: The stock market on Monday ended on a higher note in a volatile session. Sensex opened at a record high of 77,543.22, and closed at 77,337.59, up 36.45 points, or 0.05%. The index created a fresh all-time high of 77,851.63, and touched a low of 76,954.87. Nifty 50 opened at a record high […]

Railway services, students’ hostels exempted from GST

NEW DELHI: The GST Council meeting chaired by Finance Minister Nirmala Sitharaman has decided to exempt services provided by Indian Railways from GST. Addressing the media after the council meeting, the Finance Minister said the purchase of railway tickets and payments for waiting room and cloak room charges have been exempted from GST. Similarly, no […]

SBI plans to open 400 new branches across country in FY25: Chairman

NEW DELHI: As part of the network expansion plan, State Bank of India (SBI) is planning to open 400 branches across the country in the current financial year. The country’s biggest lender opened 137 branches last fiscal. Of the total, 59 new rural branches were launched. “Somebody asked me if 89 per cent of digital […]

Bangladesh to receive $900 mn World Bank financing for sustainable growth

NEW DELHI: The World Bank’s Board of Executive Directors has approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth. “Decisive reforms will help Bangladesh sustain growth and strengthen resilience to climate change and other shocks,” Abdoulaye Seck, […]

GST Council tweaks tax rates

GST Council tweaks tax rates

Waives Interest, Penalty On Tax Dues For First 3 Years Of Rollout NEW DELHI: The GST Council on Saturday decided to tweak tax rates on items, including accommodation services for students and solar cookers, and took a host of taxpayer-friendly measures including waiver of interest and penalty for demand notices issued in the first three […]

Marengo Asia Hospitals partners with Noora Hospital to launch exclusive Orthopedics & Spine OPD Services

SRINAGAR: Marengo Asia Hospitals Gurugram, a leading healthcare provider in Delhi NCR, announced the launch of their exclusive Orthopedics & Spine OPD Services in partnership with the city-based Noora Hospital, at Umer Abad Zainakote, today. Explaining about the recent advances in spine complications and treatment modalities, Dr Rajesh Kumar Verma, Clinical Director, Orthopedics Joint Replacement […]

Budget 2024: FM vows Centre’s support to states via timely tax devolution

NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday underlined Centre’s support to states through timely tax devolution and GST compensation arrears to stimulate growth. At the pre-budget meeting with state finance ministers, Sitharaman also nudged states to take advantage of the scheme under which the Centre gives 50-year interest free loan to states for undertaking […]