Daily Archives: September 12, 2019
N Srinivasan, MD of India Cements, on Thursday joined Rajiv Bajaj, MD of Bajaj Auto saying there was no necessity for any GST cuts on automobiles as the current crisis was a result of bad planning by automakers.
In a massive nationwide search operation carried out on exporters and their suppliers covering 336 locations on Wednesday, nearly 1,200 officers from the Directorate of Revenue Intelligence and Directorate General of GST Intelligence unearthed fraudulent claims of over Rs 470 crore of Integrated Goods and Services Tax (IGST) and seized fake invoices of Rs 3,500 crore.
Paris metro and other public transport workers were to walk off the job Friday for a huge one-day strike over President Emmanuel Macron’s plan to overhaul France’s retirement system. Ten of the city’s 16 metro lines will be shut down completely, while service on most others will be severely curtailed, in particular during Friday’s rush hours.
The 10-day long Ganesh Chaturti festivities concluded today, on the occasion of ‘Anant Chaturdashi’, with the ‘visarjan’ (immersion) of idols. As the city of Mumbai celebrated with colour, pomp and festivity, Shah Rukh Khan, wife Gauri Khan and son AbRam Khan joined in the celebrations as they bid Lord Ganesha goodbye.
Israeli Prime Minister Benjamin Netanyahu visited Russia on Thursday to meet President Vladimir Putin, as he looks to convey the image of a statesman ahead of an election on September 17. Netanyahu is looking to pull votes away from his rival Avigdor Lieberman of the nationalist Yisrael Beitenu party who relies on support from Israelis with roots in the former Soviet Union.
Record-breaker Sandeep Narwal was once again at his best as Patna continued their winning momentum, edging out Jaipur Pink Panthers 36-33 in a thrilling Pro Kabaddi League fixture here on Thursday. Coming on the back of a big victory against Tamil Thalaivas here on Monday, three-time champions Patna thus picked their second win in a row to jump from rock bottom to ninth place in the 12-team table and keep their playoff hopes alive.
Bank credit and deposits growth slowed to 10.24 per cent and 9.73 per cent to Rs 96.80 lakh crore and Rs 127.80 lakh crore, respectively, in the fortnight to August 30, show the latest RBI data. In the year-ago fortnight, advances were at Rs 87.80 lakh crore while deposits stood at Rs 116.46 lakh crore.