-The Hindu Business Line Firms seen to be largely cooperating New Delhi: To clear confusion over the new prices of items under the Goods and Services Tax, the Finance Ministry is working to set up a National Anti-Profiteering Authority to curb any unwarranted price hikes. “The process for selection of members and the Chairman will start soon. We are working to ensure that the authority can be set up by early next month,...
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Card, online payments made safer; customer liability cut
-The Times of India MUMBAI: Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of 'zero liability' and 'limited liability' for bank customers for any card or online fraud. The central bank has also made it mandatory for banks to register all customers for text message alerts and permit reporting of unauthorized transactions through a reply to the alert message. The proposal to limit...
More »Organic certification may help boost profits for mango farmers -Sandeep Moudgal
-The Times of India BENGALURU: Major post-harvest losses of the mango value chain - from farmer to local market -- due to improper handling, transportation, grading, packaging and storage has finally caught the attention of the government, just as the season draws to a close. To stem these losses, the government is now looking to introduce a system of organic certification to increase scientific harvesting and storage of the fruit. According to...
More »After LPG, government wants you to give up subsidy on train tickets
-MoneyControl.com The ministry is hoping that the well-to-do passengers will opt out of the subsidy. After LPG, a 'Give-It-Up' campaign for subsidy on train tickets could be launched soon. The Indian Railways is gearing to launch the campaign from August, says a report in the Business Standard. Through this, the passengers will have the choice to either forego 100 percent subsidy or give up 50 percent. The passengers will also have a...
More »Drought shadow over grain output
-The Hindu Govt. still hopeful of achieving 100 lakh metric tonnes target Chennai: Even as it predicted that the severe unprecedented drought witnessed in the State during 2016-17 “may affect the foodgrain production over the next two years,” the Tamil Nadu government appears hopeful of achieving the target of 100 lakh metric tonnes in agricultural production during 2017-18. Listing out various policies and strategies for agro-ecological intensification during 2017-18, the State government, in...
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