Centre Financial News

sugar stocks and trades to avoid hoardings, the government on Thursday issued orders to mandatory disclose the stock position of sugar for traders, wholesaler, retailer, big Chain Retailer and processors of sugar on its portal (esugar.nic.in) of Department of Food and Public Distribution on every Monday of the week. «This mandatory weekly stock disclosure for these entities is another proactive step in the Government of India's efforts to maintain a balanced and fair sugar market. By preventing hoarding and speculation, GoI is aiming to ensure that sugar remains affordable for all consumers.

ALSO READ: NEET PG 2023: Health ministry reduces cut-off to zero across all categories Opposing the government's decision, Stalin wrote on X, "By reducing the NEET PG cut-off to 'zero', they are accepting that 'eligibility' in National 'Eligibility' Cum Entrance Test is meaningless. It's just about coaching centers and paying for the exam.

The Lok Sabha passed the Women's Reservation Bill with 454 votes on Wednesday evening. The Nari Shakti Vandan Adhiniyam will grant 33% seats to women in the Lower House of Parliament as well as state legislative assemblies.

Women's Reservation Bill, Bihar chief minister Nitish Kumar alleged on Wednesday that the BJP-led central government will not implement the bill and that they have taken it forward only to gain political advantage in the elections. «They will not implement the bill; if they wanted to do so, they would have done it earlier,» he said. «Women's Reservation is necessary and we have been demanding it since the beginning… They will not implement it. We have told them to do a caste-based census, we have demanded this,» Bihar CM said while talking to the reporters in Patna. Discussion for passing of the Bill in the House began today at 11 with Union Law Minister Arjun Ram Meghwal introducing the amendments in the Bill. The Bill will be taken up in Rajya Sabha on September 21, government sources said. Meanwhile, seeking immediate implementation of the Women's Reservation Bill, Congress Parliamentary Party Chairperson Sonia Gandhi extended her party's support to the «Nari Shakti Vandan Adhiniyam 2023» Bill. «A delay in the implementation of the bill is a gross unfairness to the women of the country,» she said, adding, «I stand in support of Nari Shakti Vandan Adhinyam 2023.

₹8,65,117 crore as on 16 September. The collections witnessed a 23.5% jump from the corresponding period of the last fiscal during which the collections was ₹7,00,416 crore. The government has issued refunds amounting to ₹Rs.

Indian Space Research Organisation (ISRO), “Vikram Lander exceeded its mission objectives. It successfully underwent a hop experiment.

Australia has lost its reputation for being at the cutting edge of financial markets technology, and its restoration requires the ASX to face more competitive pressures and for regulators to encourage blockchain’s homegrown adoption.

International Trade Centre (ITC), a United Nations-WTO joint venture, has begun work on developing a prototype of Global Trade Helpdesk to enhance information access for small businesses in line with the G20 plan for trade endorsed at the New Delhi summit, Pamela Coke Hamilton, its executive director, told ET. The ‘Jaipur Call for Action’ under India’s G20 presidency has roped in Geneva-based ITC for “appropriate, aggregated, trade-related information relevant for MSMEs (micro, small and medium enterprises)” available on a single portal and a non-exhaustive list of links to relevant government websites for MSMEs. The New Delhi declaration adopted last week by the G20 leaders had endorsed the proposal. “We will have an initial report on the Global Trade Helpdesk for members next year – to be shared at our annual meeting of stakeholders – and the plan is to work towards building a prototype,” Coke Hamilton said in an interview to ET.

Piyush Goyal said Yashobhoomi, a state-of-the-art convention centre that was inaugurated by Prime Minister Narendra Modi on Sunday, will help spur trade, industry, export and employment. The centre in Dwarka in the national capital will also promote small and medium businesses, farmers and artisans, and provide new opportunities and markets to them, he added. Built at a cost of ₹5,400 crore, the first phase of the India International Convention and Expo Centre, named Yashobhoomi, has a total built-up area of over 180,000 square metres. It's among the world's largest MICE (Meetings, Incentives, Conferences and Exhibitions) facilities.

Tinder on Sunday said it has partnered with the not-for-profit organisation Centre for Social Research to offer safety guidance to its users. The additional safety guide, along with the existing 15 safety features on the app, is part of Tinder's efforts to ensure the safety of its users, utilising NGO CSR India's insights amid the intersection of technology and violence against women, Tinder told PTI. Tinder users will get a prompt through in-app message for accessing the «Dating Safety Guideline».

IICC) — YashoBhoomi — in Dwarka and the nearly two-kilometre extension of the Airport Express line from Dwarka Sector 21 to YashoBhoomi Dwarka Sector 25 on Sunday. The mega expo centre in Delhi is said to find its place among the world's largest MICE (meetings, incentives, conferences, and exhibitions) facilities. The operationalization of YashoBhoomi at Dwarka could bolster PM Modi's ambition to have a world-class infrastructure for hosting meetings, conferences, and exhibits in the nation.Key highlights of YashoBhoomi

Check all LIVE Updates on Yashobhoomi Convention Centre inauguration here, The Delhi Metro Rail Corporation (DMRC) is going to operate the Airport Express Line at a massive speed of 120 kilometres per hour (KMPH) from Sunday, an official statement said on Saturday.The convention center, built across more than 73,000 sq m of area, comprises 15 convention rooms including the main auditorium, the grand ballroom, and 13 meeting rooms with a total capacity of holding 11,000 delegates. “Traffic Advisory: In view of the inauguration of The India International Convention & Expo Centre (IICEC) by the Hon’ble PM Shri @narendramodi on 17.09.2023, special traffic arrangements will be effective.

NDA government at the Centre for not deciding the share of Telangana in Krishna river waters, Telangana Chief Minister K Chandrasekhar Rao on Saturday said people should question the BJP leaders on the matter. He was speaking at a public meeting at Kollapur in Nagarkurnool district after inaugurating the Palamuru Rangareddy Lift scheme. He took exception to some BJP activists allegedly running behind his bus when he was coming for the inauguration of the project and the public meeting. He hit out at the NDA government for not taking steps to determine Telangana's share in Krishna river waters since it came to power in 2014. In a blistering attack, he claimed that BJP leaders from the undivided Mahabubnagar district should go to Delhi and take up with PM Narendra Modi for referring the matter of Telangana's share to the Krishna tribunal if they «have any sense of shame». «We asked for water.

Standard Chartered Bank has inaugurated its private banking centre in the city, the over-century-old bank said on Saturday. This Private Banking Centre is the fifth after Bengaluru, New Delhi, Kolkata, and Mumbai. Aimed at serving high net worth and ultra-high net worth clients, the Private Banking Centre offers products, advisory, and insights to manage, grow, and protect personal and business wealth. «Being one of the oldest global banks in India, we have relationships across multi-generations and therefore we can focus both on a traditional approach while offering bespoke, objective, and holistic advice supported by an open architecture platform,» said the Bank's Managing Director and Head Affluent, Private Bank and Branch Network, Nitin Chengappa. «We are excited to open our new private banking centre in Chennai.

Supreme Court has said, asking the Centre if there are ways the benefits of schemes, including PM Cares fund, which were meant for children orphaned during the COVID-19 pandemic, can be extended to all orphans. A bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra on Friday asked Additional Solicitor General Vikramjeet Banerjee, appearing for Centre, to seek instructions in the matter. «You have rightly brought out a policy for orphans, whose parents died due to the COVID pandemic. An orphan is an orphan, irrespective of whether the parents died in an accident or illness. By bringing these schemes, you are attending to the condition and not the parentage. »You seek an instruction on whether benefits of schemes including PM Cares fund meant for children orphaned during the COVID-19 pandemic can be extended to other orphaned children," the bench told Banerjee. The ASG said he was recently given a brief to appear in the matter and would respond to the court's query in four weeks' time.

Narendra Modi will inaugurate the first phase of the India International Convention and Expo Centre (IICC), named YashoBhoomi, in Dwarka tomorrow, Sunday, September 17. Besides this, PM Modi will also inaugurate the extension of the Delhi Airport Metro Express line from Dwarka Sector 21 to a new metro station at Dwarka Sector 25 on Sunday. Delhi Police issued a traffic advisory in view of the inaugural ceremonies.

India International Convention and Expo Centre (IICC), which is named YashoBhoomi, in Dwarka will be inaugurated by Prime Minister Narendra Modi on Sunday, which also marks the leader's birthday. He is also set to dedicate the extension of Delhi Airport Metro Express line from Dwarka Sector 21 to a new metro station at Dwarka Sector 25. The operationalization of YashoBhoomi at Dwarka could bolster PM Modi's ambition to have a world-class infrastructure for hosting meetings, conferences, and exhibits in the nation. «The soon-to-be-inaugurated 'Yashobhoomi' at Dwarka has state-of-the-art features and unparalleled facilities. It will stand out as one of the top convention and exhibition centres globally,» PM Modi wrote in a Facebook post while sharing the pictures.

₹9,300 using an instant loan app. When the payment was delayed, voice messages in another language were allegedly sent to her, threatening that her morphed photos would be sent to her close contacts.

Rahul Navin, special director, Enforcement Directorate has been appointed as the acting director of the ED as SK Mishra’s tenure ended on Friday. A 1993-batch IRS officer, Navin was appointed as Special Director in the Enforcement Directorate in November 2020. He has been working as an Officer on Special Duty at the Enforcement Directorate, since November 2019. Earlier, Navin worked as an Additional Director and Course Director, 63rd Batch of the Indian Revenue Service. In July, the Supreme Court had allowed the extension of Enforcement Directorate Director Sanjay Kumar Mishra's tenure until September 15 and made clear to the centre that there will be no more extension in Mishra's tenure. The top court had on July 11 held as «illegal» two successive extensions of one year each granted to Mishra and said the Centre's orders were in «breach» of its mandamus in the 2021 verdict that the IRS officer should not be given further term. It had also curtailed Mishra's extended tenure to July 31 from November. Mishra was first appointed the ED director for two years on November 19, 2018.

windfall tax on petroleum crude to 10,000 rupees per tonne from 6,700 rupees per tonne, according to a government notification. The increase will come into effect from September 16. The government has cut the windfall tax on aviation turbine fuel to 3.50 rupees per litre from 4 rupees per litre. Two weeks ago, the Centre had cut the windfall tax or special additional excise duty on petroleum crude to Rs 6,700 per metric ton from Rs 7,100. The tax rates are reviewed every fortnight based on average oil prices in the previous two weeks. India first imposed windfall profit taxes on July 1 last year, joining a growing number of nations that tax supernormal profits of energy companies. The government levies tax on windfall profits made by oil producers on any price they get above a threshold of $75 per barrel.

Also read: India’s August oil demand up by 2.5%, 2023 growth revised lower to 239,000/bbl: S&P Global Haryana: VAT on petrol (18.20%) and diesel (16%) Punjab: VAT on fuel at 13.77% Haryana: VAT on fuel at 9.92% Union Minister Anurag Thakur took a dig at the Congress-ruled Rajasthan government regarding VAT on fuel. Thakur said, "Central government and PM Modi have given relief to the people by reducing that tax...The state tax (VAT) has been increased in the states that are ruled by Congress and the 'Ghamandiya' alliance.