Wednesday 15th of August 2018 02:25:54 AM  Agra

Govt working on to improve the health of the Banking Sector

New Delhi-Indian Govt has taken note of Standard & Poors Global Ratings, a prominent global rating agency, which states, inter-alia, that the worst is almost over for Indias banks. It further states that India is at the tail-end of its bad-loan recognition problem as a stringent non-performing loan recognition coupled with tighter yet faster resolution under Indias new bankruptcy law and rebounding corporate profits, will help banks gradually recover from a protracted bad-debt cycle and the Governments ongoing recapitalisation programme of Rs 2.1 lakh crore will help shore up depleted capital positions of the banks. It also states that the Government is working on a four-pronged strategy to improve

Special Package to Boost Export of Textiles

New delhi-India has the potential to become one stop sourcing destination for brands and retailers from ASEAN. There are opportunities for textile manufacturers from ASEAN to invest here and cater to domestic market as well as exports because of competitive advantages available in India including availability of raw material, trained man-power and presence of the entire textile value chain. Further, 100% FDI is allowed in the textile sector under automatic route.

Central GST Delhi West Commissionerate arrests two Rohini based businessmen

New Delhi-Central GST Delhi West Commissionerate arrested two Rohini based businessmen here in Delhi in a case of fraudulent issuance of Input Tax Credit invoices without actual supply of goods involving tax evasion of approximately Rs. 201 crore relating to Plastic Granule Industry. Searches were conducted at several places during which various incriminating documents and evidences were found...

55 million Indians were pushed into poverty to fund their healthcare

New Delhi-As per a recently published research paper based on cross-sectional analysis of National Sample Survey Office ) data, 55 million Indians were pushed into poverty in a single year because of having to fund their own healthcare, and out of this, 38 million fell below the poverty line due to spending on medicines alone. It is true that the total expenditure on out-patient care is significantly higher than the in-patient care. Further, as per the 71st Round (January-June 2014) of the National Sample Survey Office(NSSO) on Health in India, purchase of medicine accounted for around 72% in rural sector, and 68% in urban sector, of the total expenditure...

Jaipur the next proposed site for UNESCO World Heritage

The site namely The Walled City of Jaipur, Rajasthan has been proposed for World Heritage. As per Operation Guidelines 2017, only one site can be nominated by the state party each year. The recognition of World Heritage is a matter of great pride. It impacts the local economy by giving a boost to domestic and international tourism leading to increased employment Generation, creation of World class infrastructure and augmentation of sale of local handicrafts, handlooms and heritage memorabilia. Besides, it adds to the prestige of the country as well as prescribed site.

KVIC Launches Exclusive Western and Ethnic Designer Wear

New Delhi-Union Minister of State for Micro, Small and Medium Enterprises Giriraj Singh launched Western and Ethnic Designer Wear collections at Khadi Bhawan at Connaught Place .During the launch the Minister said that Khadi has come a long way after Prime Ministers call to make Khadi the signature fabric of India and a means for the economic transformation of the country. The Minister hoped that in the coming days Khadi will become a global

3rd BRICS Film Festival concluded with India Day

The 3rd BRICS Film Festival took place in Durban, South Africa, along with the International Durban Film Festival from 22-27th July, 2018. The last day of the festival was celebrated as India Country Day followed by Awards and Closing Ceremony.Newton bags honour at BRICS Film Festival.The film festival is aimed at celebrating world-class film productions from the BRICS nations with the objective of inspiring more collaboration from these nations....


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