The government on Monday introduced a Bill in the Lok Sabha to amend the Chit Funds Act, 1982, to facilitate orderly growth of the sector and provide more financial products to investors. The Chit Funds (Amendment) Bill, 2018, was introduced by Minister of State for Finance Shiv Pratap Shukla amid din. The Bill aims to remove bottlenecks being fac...
Secondary agriculture is an important and independent activity and a division needs to be created in all the three departments of the agriculture ministry to promote it, says the Doubling Farmers' Income (DFI) Committee. In the 9th of 14 reports uploaded on the ministry's website, the committee, headed by Ashok...
A month after starting its international operations in Perth in Australia, Indian online cab aggregator Ola on Monday said it has begun offering rides in Sydney through its local driver-partners. "People of Sydney can avail the introductory offer for free rides. Customers can download the Ola app, register for an account and book their rides," the city...
Around 31 per cent of companies in India are considering a different organisational structure, a recent joint study by global advisory firm Willis Towers Watson and Confederation of Indian Industry showed. "The top five drivers for considering this change include creating a performance-driven culture (49 per cent), meeting changing c...
The Goods and Services Tax (GST) Council on Saturday finalised April 1, 2018 for the nationwide mandatory rollout of inter-state e-Way Bill, Finance Minister Arun Jaitley said here. "Intra-state e-Way Bill will be rolled out in phased manner with four groups of states. Each group will come under it every week after April 1 and ef...
President Ram Nath Kovind on Saturday appointed Suresh Prabhu as the new Civil Aviation Minister, a statement said. A communique from the Rashtrapati Bhawan said Commerce and Industry Minister Prabhu will take additional charge of the Ministry of Civil Aviation. The announcement came two days after P. Ashok Gajapathi Raju stepped down as the Aviation M...
Non-practicing entity Portal Communications has filed a lawsuit against Apple for alleged infringement of three patents related to natural language voice query systems -- the technology being used by the iPhone-maker in its products in the form of the Siri virtual assistant. According to tech website Appleinsider, in its filing with the Eastern ...
German car manufacturer Volkswagen is set to recall 33,142 vehicles in China after detecting faulty drain valves, the Chinese General Administration of Quality Supervision, Inspection and Quarantine on Saturday. The car maker has filed a plan to recall the Touareg models manufactured between December 2014 and November 2017, the reports Xinhua news ag...
The International Solar Alliance (ISA) on Saturday signed agreements with global financial institutions, including development banks. "The International Solar Alliance and the African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Green climate fund, and the New Development Ba...
San Francisco, March 10 Microsoft has started selling a customised version of the newly-launched Samsung Galaxy S9 and Galaxy S9+ on its store. The "Microsoft edition" smartphones will give users access to a range of Microsoft's apps such as Excel, Skype, Cortana, OneNote, PowerPoint, Word and Microsoft Launcher after setting up the phon...
