Singapore-based Indian-origin businessman Sunny Verghese has been appointed as the Chairman of the Geneva-based World Business Council for Sustainable Development. Verghese, 57, Co-Founder and the CEO of Singapore's agri-business group Olam International Limited, is the first World Business Council for Sustainable. . . . .
Mumbai’s Matunga station on Central Railway (CR), entered the Limca Book of Records as a first all-women station in India. The station has a staff of 41 women and the unique initiative was taken by CR General Manager DK Sharma in July 2017 with the aim of empowering women. Accordingly, women staffers were posted. . . . .
Gujarat has topped a perception-based index of mobility of goods and efficiency of the logistics chain, closely followed by Punjab and Andhra Pradesh. Based on indicators such as infrastructure, services, the safety of cargo, timeliness, track and trace the state has been ranked the highest in the index, as per the. . . . .
The Union government allowed overseas investors to make 100 percent FDI (foreign direct investment) in single-brand retail trading and construction development without any government approval.The decisions were taken at a Cabinet meeting, chaired by Prime Minister Narendra Modi in New Delhi. It also approved changes. . . . .
Aanchal Thakur created history as she gave India the first-ever international medal in skiing. The 21-year-old, who hails from Manali, won bronze in Alpine Ejder 3200. She clinched the medal in the slalom race category. The Cup organised by the Federation Internationale de Ski (FIS) in Turkey. Turkey. . . . .
The net Direct Tax collections represent 67% of the total Budget Estimates of Direct Taxes for Financial Year (F.Y.) 2017-18 (Rs. 9.8 lakh crore). from April to December 2017 Gross collections adjusting have increased by 12.6% to Rs. 7.68 lakh crore. Refunds amounting to Rs.1.12 lakh crore have been issued during April to. . . . .
The World Bank is estimating India’s economy to grow by 6.7 percent during the current fiscal year, higher than the 6.5 percent estimate by the Indian government. The Gross Domestic Product (GDP) growth is expected to rise to 7.3 percent in 2018-19, making India again the world’s fastest growing economy,. . . . .