Tag: Industry
17 Results
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Between the modern and mythical
This is the story of the slow growth of a village on the path of progress. Set in Shivapura, a village that is tranquil and beautiful, the story becomes something of the dark tragedy of our modern times. Chandrashekhar Kambar, with the help of his translator, has managed to pull off the duality between contentment …
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March 11, 2018 -
Guv highlights darker side of India’s manufacturing, construction industry
India’s construction and manufacturing industry is the country’s second-largest employer and contributor to economic activity, after agriculture. But a darker side to this explosive growth is that it is also one of the most dangerous. The sector must be more prepared to ensure safety of those who work in its lowest rungs. Despite a decline …
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February 23, 2018 -
Angul Zilla Mahotsav flagged off
The three-day long Angul Zilla Mahostav was inaugurated last night by rural development minister Bikram Keshari Arukh. Except local MP and Talcher MLA, all the four MLAs ~ Mahesh Sahu , Rajani Kanta Singh,Susanta Behera and Sanjeev Sahu ~ attended the inaugural function. Addressing the gathering, minister Arukh said that Angul is rich in culture …
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January 20, 2018 -
Industry body urges govt to check rising iron ore prices
The rising prices of iron ore in past two-three months has pushed up sponge iron rates by 25 per cent to Rs 24,000 a tonne, an industry body said while seeking immediate government intervention. Iron ore is one of the main raw materials used to produce sponge iron. The other is non-coking coal. “Sponge iron …
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January 7, 2018 -
In 2017 that saw oil, gas production switch to revenue-sharing mode
While the strategic petroleum sector, including oil and gas, continues to remain outside the new GST indirect tax regime that replaced a 70-year-old system, the industry did manage in 2017 to switch over to a new exploration regime that gives producers marketing and pricing freedom. The petroleum industry has been pushing for its inclusion in …
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December 30, 2017 -
Flat income tax system undesirable: Industry, trade officials
As the taskforce to draft a new direct tax law gets cracking, industry and trade officials say a flat rate income tax system is undesirable for a country like India with wide income inequality. The new law is to replace the existing Income Tax Act, 1961. “A flat rate is not progressive in an unequal …
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November 30, 2017 -
J-K demands ‘structured package’ for trade, industry from RBI
Finance Minister of Jammu and Kashmir (J-K) Haseeb Drabu, asked the Reserve Bank India Governor, Urjit Patel, for a “larger structured package” for J-K’s trade, businesses and industry to get back into profitable operations. “The state’s trade, businesses and industry need a larger structured package to get back into profitable operations and mere restructuring of loans …
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November 25, 2017 -
Industry honchos hail Moody’s rating upgrade for India
Financial sector stalwarts have hailed India’s rating upgrade by Moody’s, saying it was long overdue and will reduce the borrowing cost for the country. Moody’s Investors Service on Friday raised India’s sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms. SBI Chairman Rajnish Kumar said …
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November 17, 2017 -
Govt working on fiscal incentives to boost industry: Prabhu
Commerce and Industry Minister Suresh Prabhu today said he is working closely with the finance ministry and other departments to firm up policy initiatives along with fiscal incentives to give a fillip to industrial growth and job creation. Prabhu said the country’s economy is doing good and it has a huge growth potential in coming …
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October 5, 2017 -
Industry, exporters bring up GST concerns at meet with FM
Industry bodies and exporters raised their concerns related to the Goods and Services Tax (GST), including timely refund of duties, with Finance Minister Arun Jaitley at a meeting here today. “The minister gave a sympathetic hearing to our concerns and assured all possible help. He has taken all our points positively,” Federation of Indian Export …
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September 28, 2017 -
Indian industry not investing in job-intensive sectors: Panagariya
Debunking the notion that rigid labour laws are holding back industrial growth in India, the Niti Aayog has said the real reason behind low job creation is the industry’s inability to invest in labour intensive sectors. “The major impediment in job creation is that our entrepreneurs simply do not invest in labour intensive activities,” Niti …
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August 25, 2017 -
Two years of ‘Baahubali’: Lessons its success taught the industry
It's been two years since the release of the first part of SS Rajamouli's "Baahubali" franchise and there is so much to learn from its success, feel the next-gen filmmakers such as Chandoo Mondeti, Nag Ashwin and Sankalp Reddy. The success of "Baahubali" as a franchise across the length and breadth of the country has proved …
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July 10, 2017 -
Rakesh Roshan clocks 50 years in Bollywood industry
It is half a century since the prolific filmmaker Rakesh Roshan took to the Industry. Over the span of time, the multi-talented personality has juggled many roles successfully. Rakesh Roshan is known to be an actor in addition to a producer, director, and screenwriter. After years of working behind the screen, Rakesh Roshan made his …
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July 1, 2017 -
Industry prepared for GST rollout from 1 July: CII
As the GST Council meets here to finalise issues before the Goods and Services Tax is implemented from 1 July, industry lobby CII said on Sunday that Indian industry is ready for the rollout of the pan-India indirect tax regime. "GST is the most significant indirect tax reform introduced in the country since Independence," Confederation …
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June 18, 2017 -
Tobacco playing havoc with health, industry on a high
James Bond of yesteryears Pierce Brosnan for once endorsed a scented chewing-tobacco product from India. The Hollywood star falling for the Indian delicacy is enough proof how tempting our products are! In monetary terms, the tobacco industry’s annual business is more than Rs.10,000 crore and it brings in another Rs. 2,000 crore in foreign exchange …
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May 31, 2017 -
Can Asia cope with Revolution 4.0?
The pervasive sentiment of Asian financial leaders and economists who gathered for the ADB’s 50th annual meeting in Yokohama in the past few days was optimism about Asia’s prospects. They expressed confidence that the region would continue to lead global economic growth, despite some political instability and indications of protectionism seen elsewhere. The optimism appears …
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May 12, 2017 -
Andhra CM seeks California’s help in technology, industry
Andhra Pradesh Chief Minister N. Chandrababu Naidu, who began his week-long visit to the US, sought California state's help in areas like technology, industry and agriculture. Naidu, leading a high-level delegation, met California Governor Jerry Brown at Sacramento on Thursday. The Chief Minister said Andhra Pradesh would emerge as the gateway to Southeast Asia given …
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May 5, 2017