With the new GST rate cut coming into play from September 22, the Ministry of New and Renewable Energy on Wednesday highlighted that the rationalization of GST rates across the renewable energy value chain from 12% to 5% will make electricity more affordable.
Traders’ bodies across north Bengal have demanded immediate security measures and compensation for traders who suffered heavy losses during recent communal violence in parts of Murshidabad and adjoining Malda districts.
A move that is set to bring relief to industries and businesses that rely heavily on cooking fuel, the oil marketing companies have announced a Rs 41 cut in the prices of 19-kg commercial Liquefied Petroleum Gas (LPG) cylinders, effective 1 April.
Honorary General Secretary, Federation of Chamber of Commerce and Industries of Eastern India, Surajit Paul, has formally requested mayor Goutam Deb to reconsider certain aspects of the recent mandate requiring Bengali-language displays on business signboards.
Leader of Opposition and former Chief Minister Jai Ram Thakur has accused the Himachal Pradesh government of pushing the industries under distress.
BSG has launched a “BSG 25-Tonne Plastic Collection Drive” as part of its “Say No to Plastic” initiative.
Reliance India Limited's exports for the year was Rs 3,40,048 crore (US$ 41.4 billion), a strong jump of 33.4 per cent from FY22 exports of Rs 2,54,970 crore (US$ 33.6 billion).
Naveen Patnaik instructed the officials in Industrial Promotion & Investment Corporation of Odisha (IPICOL) to further reduce the turnaround time for applications and pushed for faster grounding of projects.
This scheme provides entrepreneurs with a 9% interest subsidy on loans up to Rs 25 lakh and a 7% interest subsidy on loans up to Rs 5 crore, as well as a provision for margin money of up to 25% of the project cost up to Rs 25 lakh, the Minister said.
The Central Government is of the opinion that public interest requires the extension of the public utility service status to the said industries for a further period of six months.
