Free Press Journal
  • Eating out and items of daily use get cheaper on lower GST

    As many as 178 items of daily use were shifted from the top tax bracket of 28% to 18% , while a uniform 5% tax was prescribed for all restaurants, both air- conditioned and non-AC. Earlier AC restaurants attracted 18% GST, while non-AC ones levied 12%.

  • India needs multi-pronged approach to agriculture, says Venkaiah Naidu

    Visakhapatnam : Vice President M Venkaiah Naidu on Wednesday called for a comprehensive, multi-pronged approach to agriculture with focus on crop diversification as well as technology infusion to make the sector viable and sustainable.

  • Crisil to buy data analytics firm Pragmatix for Rs 56 crore

    Mumbai : Rating agency Crisil on Wednesday said it has entered into a definitive agreement to acquire 100 per cent stake in data analytics company Pragmatix Services Pvt Ltd for Rs 56 crore.

  • Finmin asks PSBs to submit fund-raising roadmap in a month

    The government had last month unveiled a whopping Rs 2.11-lakh crore two-year programme to strengthen the NPA-hit public sector banks (PSBs), which includes  recapitalisation bonds, budgetary support,  equity dilution.

  • ONGC, Cairn bid for 41 oil and gas areas

    New Delhi : State-owned ONGC and Vedanta Ltd on Wednesday emerged as the biggest bidders for oil and gas blocks, putting in 41 out of 56 bids received in India’s maiden auction under open acreage licensing regime.

  • India is set to become extremely attractive place for biz: Jaitley

    Singapore : With greater digitisation and formalisation of financial activities and businesses, India is set to become an “extremely attractive” country to do business, Finance Minister Arun Jaitley said  on Wednesday.

  • Sebi bans Abyss Assam Real, others from capital markets

    New Delhi : Regulator Sebi has barred Abyss Assam Real Estate and its directors from the markets for four years and asked them to refund the money raised from investors without complying with the public issue norms.

  • NCLAT issues notice to RCom

     New Delhi : The National Company Law Appellate Tribunal on Wednesday issued a notice to Reliance Communications over a petition filed by Manipal Technologies Ltd seeking to recover its dues.

  • All is well in Infosys, says Murthy

    Bengaluru : Infosys founder N R Narayana Murthy on Wednesday said all is well in the company and its Chairman Nandan Nilekani has the skills of simplifying “lots” of complexities in the software major.

  • WR finalises tender for Bhayandar station’s FOB

    Mumbai: Western Railway has finalised tender and awarded contract within a record time of seven days for the construction of a new Foot Over Bridge at Bhayandar station.

  • Sensex slides for 3rd day, trade deficit sparks worries

    Mumbai: Stock investors got increasingly worried about the possibility of fiscal slippage as the Sensex plunged 181 points due to concerns over trade deficit that ballooned to an almost 3-year high.