Centre Financial News

Central Drugs Standard Control Organisation (CDSCO) to do so. As of now, all manufacturing activities relating to drugs and cosmetics are regulated by only the state governments through their drug control organisations, official sources told PTI. The draft bill also mentions that the Central government may regulate, restrict or prohibit selling, stocking, exhibiting or offering sale or distribution of any drug online by notification.

A man previously convicted of human trafficking of children is living at an Ontario centre offering services for children with autism, police say, prompting a community safety advisory.

New Delhi: Finnish telecom gear maker Nokia and India’s Telecom Sector Skill Council (TSSC) will train 300 people in 5G, IoT and allied skills at the Nokia Centre of Excellence which was inaugurated at ITI Kubernagar, Gujarat, Monday.   The centre is setting up a skill lab for training of the candidates with the aim of providing placement offers within 4-6 weeks of course completion to at least 70% of learners. About 300 such candidates will benefit from the program in the first year of the project.   “As part of our larger commitment to local communities, we are facilitating connectivity and digitization to further positive socio-economic, educational and health impacts in India.

New Delhi: To enhance trade facilitation and ease the process for exporters, the Directorate General of Foreign Trade (DGFT) has introduced new measures under the advance authorisation scheme. The scheme enables duty-free import of inputs for export purposes, with the eligibility of inputs determined by sector-specific norms committees based on input-output norms.

Delhi Jal Board has said it received Rs 1,071.37 crore from the National Mission for Clean Ganga (NMCG) in the last eight years and spent Rs 1,011.67 crore under the Yamuna Action Plan — III during the period. In response to an RTI query, the DJB said it received another Rs 205 crore in funds from the NMCG in the last five years and spent all of it in expenditure under the Namami Gange Project.

World Bank President Ajay Banga on Sunday said there is a need to replicate the 'Control and Command Centre', also called 'Vidya Samiksha Kendra', in Gandhinagar in Gujarat in not just other parts of the country but also the world as a model of leadership. Banga along with the United States Secretary of the Treasury Janet Yellen visited the centre, which gathers and analyses academic and administrative data of 11.5 million students, nearly half a million teachers, and 50,000 schools across Gujarat.

Congress on Sunday made it clear that it will not support the Centre's ordinance on the control of administrative services in Delhi and will oppose any such attempt of the central government to «sabotage federalism» in the country. Congress general secretary K C Venugopal said the party's stand is clear as it will oppose any such move by the Centre to intervene in states ruled by opposition parties through the governors and has decided to oppose the Delhi ordinance in Parliament whenever a bill comes up. «We are consistently opposing the attempts of the Union government to sabotage federalism.

fake call centre operating in Maharashtra's Palghar district and allegedly cheating people in Canada and threatening them to make payments for online purchases, officials said on Sunday. Twenty three people have so far been arrested in this connection, they said. Acting on a tip-off, the police raided the call centre, operating from six flats at a housing complex in Nane village of Wada taluka to evade coming under the scanner of security agencies, on the intervening night of Friday-Saturday, Superintendent of Police (Rural) Balasaheb Patil said.

To provide relief to retail consumers, the Centre is selling tomato at a discounted Rs 90 per kg in select cities like Delhi-NCR, Patna and Lucknow. National Cooperative Consumers' Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) are selling tomato on behalf of the Centre through mobile vans.

Mansukh Mandaviya said on Saturday and stressed on ensuring «comprehensive and saturation coverage» of all health schemes. He said that concerns over sex-ratio imbalance across the country were discussed at the Swasthya Chintan Shivir here. It has been decided that the Centre and states will work on a mission mode to address the issue, the minister said on the last day of the two-day conclave in the Uttarakhand capital.

Himachal Pradesh, that have been hit by natural calamities in their hour of crisis, Union Minister Anurag Thakur said on Saturday. The Union government has already released Rs 361 crore in two installments and more financial aid will be released shortly, he said. Chief Minister Sukhvinder Singh Sukhu on Saturday said Himachal Pradesh has suffered losses of about Rs 8,000 crore as heavy rain wreaked havoc in the hill state, triggering landslides and flash floods and damaging roads and other infrastructure.

Navy Rafale to equip the Indian Navy with the latest-generation fighter. The Indian Navy’s 26 Rafale will eventually join the 36 Rafale already in service, said Dassault Aviation.  This decision comes after a successful trial campaign held in India, during which the Navy Rafale demonstrated that it fully met the Indian Navy’s operational requirements and was perfectly suited to the specificities of its aircraft carrier, it said.  India on Thursday announced a new multi-billion-dollar deal for French fighter jets as Prime Minister Narendra Modi visited Paris for a two-day trip that saw him feted as the guest of honor during France's national day celebrations.

₹1600/tonne, from nil. Earlier in May 2023, the windfall tax on petroleum crude was cut to zero from ₹4,100 per tonne by the government.

government employees who are eligible to go back to OPS as per the instructions but do not exercise the option by the deadline will continue to be covered in the national pension system (NPS). The option once exercised shall be final and the officers cannot change it afterward, the order said.

Aware Super has made its first data-centre play, cutting a $US500 million ($746 million) cheque to buy a stake in Switch after it was taken private by IFM Investors and NYSE-listed DigitalBridge for $US11 billion in December.

Narendra Modi France Visit LIVE News: Indian Prime Minister Narendra Modi begins a two-day visit to France on Thursday where he will attend the traditional Bastille Day military parade as guest of honour and discuss major new defence deals, AFP reported.French President Emmanuel Macron's red-carpet welcome for the Hindu nationalist leader comes weeks after Modi was given the rare honour of a White House state dinner in Washington -- a city he was once banned from visiting.Despite differences over the war in Ukraine and tensions over human rights in India, New Delhi and Western democracies are keen on deepening ties because of mutual concerns about China."India is one of the pillars of our Indo-Pacific strategy," an aide to Macron told reporters this week on condition of anonymity.Macron has made Modi guest of honour for the July 14 military parade, which kicks off France's national day celebrations, with the participation of Indian troops and Indian-flown French-made fighter jets underlining close defence ties.India is one of the biggest buyers of French arms, with Modi announcing a landmark deal for 36 Rafale fighter jets during a trip to Paris in 2015 that was worth around 4.0 billion euros ($4.24 billion) at the time.He is set to unveil the purchase of another 26 marine versions of the state-of-the-art aircraft during this visit, as well as a deal for three Scorpene-class submarines, according to reports by the Tribune news website in France and the Hindustan Times newspaper in India.

₹3,500 per month, the DA rate will be 701.9% of pay subject to a minimum of ₹15,428. For basic pay between ₹3,501 and ₹6,500 per month, the DA rate will be 526.4% of pay subject to a minimum of ₹24,567. For a basic pay of over ₹6,500 and up to ₹9,500, the DA rate will be 421.1% of pay subject to a minimum of ₹34,216.

Goa government will write to Union Finance Minister Nirmala Sitharaman seeking to reconsider the GST council's decision to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse racing.Goa Industry Minister Mauvin Godinho, who is the state's representative on the GST council, told reporters on Wednesday that the imposition of tax will prove to be a «very negative factor» for the industry and affect tourism in the coastal state. «I have already taken up this issue with Chief Minister Pramod Sawant who said he would be writing to the Centre to reconsider the tax. The CM will take up this issue with the Centre and the Finance Minister. It will ultimately go for reconsideration before the GST council,» Godinho told reporters. He said stakeholders in the online gaming, casino gaming and horse racing industry wanted the entire taxation to be done on the gross gambling revenue (GGR). «There is no dispute on the imposition of 28 per cent GST but they have decided to impose it on the full face value. That is the only difference,» the minister said.

Per quintal tomato prices have shot by over 1300%.... morePer quintal tomato prices have shot by over 1300%.

₹7,532 crore to 22 state governments under the State Disaster Response Fund (SDRF). “In the wake of heavy rains across the country, the guidelines have been relaxed and the amount has been released as immediate assistance to states without waiting for the utilisation certificate of the amount provided to the states in the last financial year," the ministry of finance said. The state disaster response fund (SDRF) has been constituted in each state under Section 48 (1) (a) of the Disaster Management Act, 2005.

Money Laundering Act (PMLA) was to empower the relevant investigating agencies to deal with tax fraud and money laundering matters, and not giving outright access to data to any party, said revenue secretary Sanjay Malhotra. “Under the recent finance ministry notification, it was clarified that it will only empower our tax authorities with more information,” the secretary told reporters Tuesday after the 50th GST Council meet here in the national capital. “GSTN is a recipient of information.