Now home buyers to be treated as financial creditors: Governmnent

New Delhi, May 25 : In a huge relief for home buyers, the Central government on Friday said they would now be treated as financial creditors and would have a share in the proceeds earned by sale of assets of bankrupt real estate companies. “Good news for home buyers: Now in situation of real estate […]

Centre open to bringing fuel under GST

New Delhi, May 25 : With petrol and diesel rates rising daily, the Central government on Friday advocated bringing transport fuel under the GST to curb the price hike. While Road Transport and Highways Minister Nitin Gadkari said that bringing petrol and diesel under the Goods and Services Tax (GST) will benefit the states, Finance […]

Thoothukudi plant not operating since March 27: Vedanta

Thoothukudi/Chennai, May 24 : London-listed Vedanta Resources on Thursday said that its Sterlite copper smelter plant at Thoothukkudi district, whose closure has been accompanied by two days of rioting, arson and police firing, has not been operating since March 27, 2018. On Wednesday, the Tamil Nadu Pollution Control Board (TNPCB) ordered the closure of the […]

India obvious candidate for UNSC seat: Dutch PM

New Delhi,, May 24 : Declaring India to be an “obvious candidate” for a seat in the UN Security Council (UNSC), the Netherlands on Thursday said it would do its utmost towards finalising an EU-India free trade agreement (FTA) with Holland providing the perfect pivot for India to expand its trade relationship with Europe. At […]

As government ponders on fuel prices, petrol hits Rs 85 in Mumbai

New Delhi, May 24 : Even as the central government discusses measures to curb the persistent rise in domestic transport fuel prices, the petrol cost in Mumbai breached the Rs 85 a litre mark on Thursday. The price of the fuel is already at an all-time high in Mumbai at Rs 85.29 per litre along […]

India, Netherlands agree to boost trade, cooperate across multiple sectors

New Delhi, May 24 : India and The Netherlands on Thursday agreed to boost bilateral trade and investment and strengthen cooperation across multiple sectors, including agriculture and food processing, water management and science and technology, following a bilateral summit between Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte. Jointly addressing the media with […]