Tuesday, May 2, 2023

Go First files for bankruptcy, blames US engine maker



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You can opt for higher pension till June 26



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India clears air on chip, ship schemes

While the US has sought details on the types of financial assistance provided under the semiconductor programme and criteria for each downstream good to qualify for the incentive, Canada has asked if the support provided under the shipyards policy is limited to certain sizes or types of ships.

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Monday, May 1, 2023

'Winning battle of mind key to market victory'



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GST collections surge 12% in April to touch record high of Rs 1.87L cr



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Calls for extension of pension date as confusion reigns

With just a day left for the May 3 deadline and still no clarity from the Employees' Provident Fund Organisation on how pension will be calculated or arrears transferred from an employee's provident fund to the pension scheme, subscribers are struggling to assess whether signing up for the scheme will be in their best interest. There have also been requests to push back the deadline.

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Twenty Point Programme: Government shines on 11 parameters

The Indian government succeeded in achieving more than 90% target completion in six out of 14 parameters under the Twenty Point Programme, as per data from the Ministry of Statistics and Programme Implementation. Performance in three parameters was labeled "poor" or below 80% target, which included area covered under plantation and construction of roads under Pradhan Mantri Gram Sadak Yojana.

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Demand for NREGS Work at 10-month high

Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) rose for the third consecutive month in April, climbing to a 10-month peak due to a drop in agricultural activities. Preliminary data from the rural development ministry showed 31.84 million people requesting work under the scheme in April, an increase of over 12% from the previous month.

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Iranian NSA pitch for trade in national currencies in his meeting with Doval

Stating that improved Iran-India ties are not against any other country, the Iranian NSA underlined that global and regional developments had created very good conditions to strengthen interactions between the two countries in the field of energy, transportation and transit, technology, and banking. India in the past used national currencies for oil trade with Iran and over the last year has introduced trade with number of countries in national currencies.

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