Author: Editorial
Many economic data indicate a difficult time for the global economy. Real Vision Group’s CEO Raul Paal said this in an interview to ET Now. Here are the highlights of this interview: You are saying that the global recession is going to come and that there may be a bigger decline than in 2008…? My job is to guess. I cannot guarantee anything for sure. Looking at many things, I feel that the time to come can be challenging. First America and Global talk of economic growth. Today economic growth is declining all around. Many countries have already gone into…
Indigo Chief Finance Officer Rohit Philip resigns, Aditya Pandey will take charge from September 16. Rohit Philip, chief finance officer of IndiGo, the country’s largest airline, has resigned. The company gave this information on Friday. IndiGo parent company Inter Globe Aviation said in a briefing to the stock markets that they will be replaced by Aditya Pandey. He will take up his term on 16 September. Philip’s resignation will take effect from 15 September. Letter to SEBI A letter to SEBI is under dispute between the two founders of Indigo Airlines, Rakesh Gangwal A and Rahul Bhatia. Gangwal had written…
Former Prime Minister of the country Manmohan Singh has advised the Narendra Modi government to overcome the difficulties of the economy. He has given ways that the problems of the economy can be overcome. Singh said that the problem of slowdown is increasing rapidly, in such a situation, if the Modi government does not take quick steps, then the difficulty may increase. These are the 6 suggestions that Manmohan Singh has given to bring the country’s economy back on track. Make GST easy The government should make GST easy and bring it to a reasonable level. GST should be made…
In response to the country’s richest person Mukesh Ambani’s plan to store data inside the country, Facebook has said that data is not new oil. Countries like India should allow its free flow instead of depositing it within their borders. According to Facebook’s Vice President of Global Affairs and Communications, Nick Clegg, data sharing is extremely important for the country’s security as India is kept away from global data-sharing measures aimed at ending crime and terrorism. Ambani compared data with oil Recently Reliance Industries chairman Mukesh Ambani had said that data is the new oil. He proposed to store the…
Continuos decrease in the demand when it comes to auto sector continues. The decrease in demand is at a low level in the last two decades. In such a situation, the people of the auto sector have demanded a reduction in the GST rate from the government. GST Council is scheduled to meet on 20 September. Recently, Minister of State for Finance Anurag Thakur said that the Central Government wants the rate to be reduced, but in this case, the Central Government cannot make a decision individually. Let me tell you, the decision to reduce or increase the rate is…
Small businessmen can get relief from the filing of the first annual return and audit report of GST, which has been postponing for two years. It is expected that the GST Council in its meeting on 20 September can exempt those with less than Rs 5 crore turnover from filling GSTR-9, GSTR-9A and GSTR-9C for FY 2017-18. This is expected to provide relief to about 85 percent of the assessees, although the industry is seeking to abolish it for 2018-19 as well. Extended till 30 November CBIC recently extended the last date of GSTR-9, GSTR-9A and GSTR-9C till November 30…
Delhi-NCR has overtaken Bengaluru and Mumbai in terms of setting up startups. Research firms TIE Delhi-NCR and Zinnov have submitted a report by cities on setting up startups across the country. According to this report, 7000 startups and 10 unicorns have been established in Delhi-NCR so far and their potential value is around $ 50 billion i.e. around Rs 3.59 lakh crore. It is followed by Bengaluru with 5,234 startups, Mumbai with 3829 startups and Hyderabad with 1940 startups. All these startups have been established between 2009 and 2019. Toyota Fortuner Celebrates TRD Celebrity Edition on 10th Anniversary 23% of…
To compete with JioFiber, Bharti Airtel has launched Airtel Xstream Fiber. Airtel extreme fiber users will get unlimited broadband at a speed of 1Gbps for the price of Rs 3999 per month. With this, you will be able to make unlimited landline calls on any network. Apart from this, customers will get all the benefits of Airtel like Netflix Subscription Free for three months, Amazon Prime Membership for 1 year, ZEE5 and Airtel Extreme App. From September 11, Airtel Extreme Fiber is available in Delhi, Gurgaon, Faridabad, Noida, Ghaziabad, Mumbai, Pune, Bangalore, Chennai, Chandigarh, Kolkata, Indore, Jaipur and Ahmedabad cities.…
Insurance Regulatory and Development Authority of India (IRDAI) has alerted the general public to fraudulent phone calls. The regulator has told the public that if they have any offer to give higher benefits in the policy, then they should not fall into its trap. The regulator said that such calls are coming to the common people. In these, the caller describes himself as an officer of IRDA or Integrated Complaint Management System (IGMS). IRDA has warned the policy holders and the public that many times the caller tries to mislead them by claiming that they are from the Insurance Transaction…
“Public Data Will be Sold on Social Media, The Government Can Change The IT Act” Social media and tech companies may soon get approval to sell customer data. For this, the government can change the IT Act in the coming days and issue new guidelines. Under the new act, it will be legal right to sell customer data across tech and social media companies like Google, Facebook and Amazon. New rules will boost competition According to CNBC’s news, the government is considering the purchase and sale of data, which can help in bringing new schemes to the common man. Other…