Majority of attendees at India’s business summit are women: US
Saturday, November 18, 2017, 10:55 PM
A majority of entrepreneurs, investors and ecosystem supporters who will attend the Global Entrepreneurship Summit in India are women, the US said on Saturday. US President Donald Trump’s daughter Ivanka Trump, who is also a top White House advisor, will be leading the American contingent at the Global Entrepreneurship Summit (GES) in Hyderabad later this month, the State Department has said.
Cheque facility may be withdrawn to push digital transactions
Saturday, November 18, 2017, 10:52 PM
A senior functionary of industry body CAIT said the Centre may withdraw the bank cheque book facility in the "near future" to encourage digital transactions. Confederation of All India Traders (CAIT) secretary general Praveen Khandelwal said the government needs to encourage use of debit and credit cards. "In all probability, the Centre may withdraw the cheque book facility in the near future to encourage digital transactions," he said.
5 militants, Indian soldier killed in Kashmir fighting
Saturday, November 18, 2017, 10:48 PM
Officials say five suspected militants and an Indian air force commando have been killed in a fierce gunbattle in disputed Kashmir. Top police officer S.P. Vaid says Indian troops on Saturday cordoned off northern Hajin village on a tip that militants were hiding in civilian homes. Vaid says the militants tried to escape from the security cordon while firing their guns, triggering a heavy exchange of gunfire.
Kamal Haasan, Rajinikanth's political plans still unclear
Saturday, November 18, 2017, 10:38 PM
Will they, won't they? Kamal Haasan and Rajinikanth's political plans continue to be a hot topic of discussion in Tamil Nadu, and the superstars too have fanned the speculation with their oft cryptic behaviour. The press has also fuelled the frenzy — the Hindi and English channels based in the North, especially, who fly down their anchors any time either of the two superstars show any indication of making a major announcements.
Congress to discuss schedule for party president election on Nov 20
Saturday, November 18, 2017, 10:29 PM
The Congress Working Committee (CWC) will discuss the schedule of its presidential election in a meeting early next week, news agencies have reported. The CWC meeting, to be held on Monday at 10.30am, will take place at incumbent president Sonia Gandhi's residence, PTI quoted party sources as saying. Rahul is expected to be the only candidate in the running.
Don't foresee more changes in GST rate structure in next few months
Saturday, November 18, 2017, 10:10 PM
Finance Secretary Hasmukh Adhia on Saturday said the recent reduction in GST rates on mass consumer goods items has resolved nearly 90 per cent of problems and discontentment related to the indirect tax regime. According to Adhia, he does not foresees any further changes in GST rate structure in the near future after the latest changes which were incorporated after the last GST Council meet.
Effective transmission of policy rates crucial: RBI
Saturday, November 18, 2017, 10:00 PM
The Reserve Bank of India is concerned about poor transmission of policy rates as it (transmission) is crucial for achieving the inflation target set for the central bank by the government, said a top RBI official. But it is yet to take a call on a draft report on by an internal study group to address the weaknesses of the existing monetary transmission system.
Revenue collected under GST in October at Rs 95,131cr: Sushil Modi
Saturday, November 18, 2017, 9:53 PM
The revenue collected under the Goods & Services Tax (GST) in October was Rs 95,131 crore and average revenue shortfall of states has come down to 17.6 percent, Bihar Deputy Chief Minister Sushil Modi said. Modi, who heads the Group of Ministers (GoM) on GST Network, said the average revenue shortfall of all states for August was 28.4 percent and it has come down to 17.6 percent in October.
Premier German football club launches official fan club in Bengaluru
Saturday, November 18, 2017, 9:47 PM
The football club, founded in 1909 and popularly known as BVB, plays in the Bundesliga, the top tier of the German football league system, and is one of the most successful clubs in German football history. Now, in a first in the country, BVB has chosen Namma Bengaluru to launch their first ever official fan club.
Cards used more, face to face shopping than online purchases: Visa
Saturday, November 18, 2017, 9:31 PM
Even as consumers have transitioned from cash to digital to settle payments transactions post demonetisation of Rs 500 and Rs 1000 notes in November’16, contrary to popular perception the usage of digital modes like cards for shopping face to face to face or real time is much higher than for online purchases during Diwali this year, a study by payments processing major Visa shows.
Don’t release ‘Padmavati’ until changes are made, says Rajasthan CM
Saturday, November 18, 2017, 9:24 PM
With the protests intensifying across Rajasthan, Chief Minister Vasundhara Raje on Saturday requested Information and Broadcasting Minister Smriti Irani not to allow the release of ‘Padmavati’ until some changes are made to it so as to ensure that the upcoming Bollywood movie ‘does not hurt the sentiments of any community’. The period drama has been mired in multiple controversies with several groups accusing the movie of distorting historical facts.
Policies can't just be framed within four walls of Ministry
Saturday, November 18, 2017, 9:15 PM
Union Minister Suresh Prabhu today said trade policies cannot be formulated just within the four walls of the Ministry and that there must be an outreach to more agencies. Policies of trade and commerce "are becoming extremely intricate," the Union Minister of Commerce and Industry said, Prabhu said more stakeholders need to be consulted on this subject.
Man accidentally shoots himself and his wife during a talk
Saturday, November 18, 2017, 9:07 PM
A man accidentally shot himself and his wife while giving a lecture about guns in places of worship following recent nationwide shootings. The incident took place Thursday afternoon at the First United Methodist Church in Tellico Plains, Tennessee. Police say two unnamed individuals, in their 80's, were immediately transported to the University of Tennessee Medical Center.
Hardik, the Pied Piper of Patidars, threatens to take BJP by storm
Saturday, November 18, 2017, 8:58 PM
Hardik Patel swung from one end of the political pendulum to the other, sometimes idolising the Shiv Sena, sometimes flirting with Kejriwal, and then finally tilting towards the Congress. In his short tenure as a leader, Hardik has, quintessentially, knocked on the door of contrasting ideologies and political outfits. Yet, he remains the Pied Piper of the Patidars.
Policy implementation failed to keep pace with Modi's vision
Saturday, November 18, 2017, 8:54 PM
Leading NRI industrialist G P Hinduja has said that the speed of policy implementation in the Indian economy has failed to keep pace with Prime Minister Narendra Modi's vision. Addressing a gathering of business people and parliamentarians at a Global Business Meet on 'Invest in India' by the Indo-European Business Forum (IEBF) at the House of Lords complex in London yesterday.