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business \ consumer \ development \ industry
Washing machines : Currying favour ?
If you say that your washing machine doesn’t get that ‘masala’ stain off your naughty kid’s shirt, your worries will apparently disappear if you buy one with a ‘curry’ button. (A washing machine with the button, not a shirt!) A washing machine has been launched for the Indian market, with a special mode to tackle […]
Less hassles to register trade mark
New Delhi: To promote ease of doing business, the government (March 6) cut the number of trade mark forms from 74 to just eight and nearly halved the fee for e-filing applications to Rs 4,500. These changes were notified in the Trade Mark (TM) Rules, 2017. “These rules, which replace the erstwhile Trade Mark Rules […]
Nestle lost 100 crore due to Cash Ban
New Delhi: FMCG major Nestle says it has taken Rs 100 crore hit on sales due to demonetisation and the sector will take another six months to overcome the impact of the government’s move to scarp old high value notes, according to a PTI report. “We took an impact in November. If you look on […]
Bangladesh : India’s biggest Trade Partner?
The Dhaka-Delhi trade and commercial relations are growing at a “substantial pace”, the Indian high commissioner in Bangladesh has said. “Bangladesh is now India’s biggest trade partner in South Asia,” Harsh Vardhan Shringla said on Thursday at the opening of the fourth Indo-Bangla trade fair. The India-Bangladesh Chamber of Commerce and Industry (IBCCI) organised the […]
airlines \ business \ development
India’s latest airline Zooms in!
Durgapur/New Delhi, Feb 12: A new domestic airline is taking shape. Zoom Air is set to … well zoom this month. Taking wings, Zoom Air today flew its inaugural flight from the national capital and will start commercial operations from February 15. The CRJ 200 LR plane landed at the Kazi Nazrul Islam Airport, Durgapur, […]
Arun Jaitley \ budget \ business \ development
Budget halves Basic Tax Rate; More Public Spending
New Delhi: Most middle income tax-payers have welcomed the Union Budget proposals announced February 1, though opposition parties bicker over the fine print. The big news is that donations to political parties will become more transparent. In a pre-poll Budget aimed at softening the demonetisation blow, Finance Minister Arun Jaitley halved the basic income tax […]
Has the Cash Ban cleaned up the Real Estate market?
New Delhi: Has the note ban actually cleaned up dirty dealing in the Real estate market? Some believe so! Anyway, half the potential buyers for apartments and such have disappeared! A Gloomy time for real estate barons! But the feeling is that the sector has been forced to ‘clean up’. The Property market, long considered […]
business \ education \ naked truth
Education isn’t a commodity, students aren’t consumers!
New Delhi: You can’t sue a college for not giving you a ‘placement’. Education isn’t a commodity to be bought or sold or with ‘special offers’. Students are not consumers. A youth’s plea against an institute for allegedly not providing him with an internship or job as promised at the time of admission, has been […]
business \ development \ Media \ naked truth
Will Celebs who endorse sweets go to jail?
New Delhi: Bollywood stars and other celebs may be thrown into jail for five years if they endorse ‘politically incorrect ‘foods, or else they may have to cough up a whopping 50 lakhs in fine. It’s all in the name of ‘consumer protection’. The Centre for Science and Environment (CSE) has recommended a complete ban […]
business \ demonetization \ economy \ money \ naked truth \ Prime Minister Modi
‘Seized cash’ in Police Stations: headache for cops!
Prime Minister Narendra Modi’s demonetisation move has an unexpected victim: the police department. Why? Because the police department literally has stacks and stacks of 500 and 1000 rupee notes in safes at their police stations. The ban on currency notes of Rs 500 and Rs 1,000 has left the police confused. What is to be […]
business \ letters \ NARENDRA MODI \ Prime Minister Modi
After Demonetisation , what?
Taking the nation by surprise, Prime Minister Narendra Modi on Tuesday night announced demonetisation of Rs. 1000 and Rs. 500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his first televised address to the nation, Mr. Modi said people holding notes of […]
Useful Info: Exchanging your 500/1000 rupee notes
The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for anti-national and illegal activities. High denomination notes have been misused by terrorists and for hoarding black money. India […]
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