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Petrol, diesel, other fuel prices may come down by Diwali: Pradhan

Tuesday, September 19, 2017, 10:25 AM

Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said fuel prices may come down by Diwali, which falls next month. The comments come amid criticism by opposition parties of a sharp rise in oil prices after the daily rate revision mechanism was introduced by the government recently. "Fuel prices may come down by Diwali festival," said the minister who was on a brief visit.
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Modi's 1 crore jobs challenge may be biggest re-election risk

Wednesday, September 6, 2017, 1:13 PM

With job creation seen as his government’s biggest failing, Prime Minister Narendra Modi replaced both ministers in charge of employment. Their successors face an uphill task. India will have the world’s biggest labor force by 2027 and the millennial generation is crucial to anchor one of the fastest paces of economic growth.
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Govt clarifies on GST on newspaper advertisement space sale

Wednesday, August 23, 2017, 10:00 PM

Space selling for advertisement in print-media will attract 18% GST if an agency does so as an agent of a newspaper on commission basis, the government said. GST of 5% will be levied if the advertisement agency works on principal to principal basis buys space from the newspaper and sells such space for advertisement to clients on its own-account, a finance ministry statement said.