Gold Silver Reports (GSR) – The government is unlikely to insist on implementing the reverse charge mechanism, a key anti-evasion measure proposed under the goods and services-Tax (GST), on concerns that the rule will adversely impact small businesses while not yielding revenue gains.
Narendra Modi
Petrol Price Kiss Highest Level Under Narendra Modi Govt (BJP), Diesel at Record High
Gold Silver Reports (GSR) – Petrol Price Kiss Highest Level Under Narendra Modi Govt (BJP), Diesel at Record High — The hike, necessitated due to firming international oil prices, comes on back of a 13 paisa increase in rates of petrol effected yesterday and a 15 paisa hike in diesel, it said.State-owned oil firms, which have been since June last year revising auto fuel prices daily, today raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification.
Prime Minister Narendra Modi Addresses Indians In London
Gold Silver Reports (GSR) – Prime Minister Narendra Modi Addresses Indians In London — Indians Are Becoming Aspirational’ — Prime Minister Narendra Modi said that people have more expectations of his government because they trust that it can deliver. “People know that when they say something, the government will listen and do it,” he said.
India Moves to Reduce its Reliance on Russia’s Defense Imports
Gold Silver Reports (GSR) – India Moves to Reduce its Reliance on Russia’s Defense Imports — India’s defense scientists have developed a new indigenous system that identifies missile targets to replace the Russian-developed seeker on all future BrahMos, Sudhir K. Mishra, the chief executive officer of BrahMos Aerospace said.
India Halts Cooking Gas Price Increases to Boost Use
Gold Silver Reports – India has halted monthly increases in subsidized cooking gas prices as Prime Minister Narendra Modi pushes to provide the fuel to the poor and cut the use of polluting options, according to people with knowledge of the matter.
Modi Set to Retain Grip on Home State After Bellwether Vote
Gold Silver Reports – Indian Prime Minister Narendra Modi’s party is set to return to power in his home state, an election that’s considered a bellwether before the national vote in early 2019. Stocks erased the day’s losses.
Link Aadhaar to Catch Benami Properties
Gold Silver Reports – Link Aadhaar to Catch Benami Properties – In several addresses to the nation (called Mann Ki Baat), Prime Minister Narendra Modi has repeated his plans to root out black money from the system by cracking down on benami properties.
India to be High Middle Income Economy by 2047: World Bank CEO
Gold Silver Reports – Days after it gave India a 30 place jump in its ease of doing business ranking, the World Bank Saturday said the goods and services tax (GST) and reforms push by the government will catapult the country to high middle income economy in 30 years.
Exit Polls Show Modi in Lead
Gold Silver Reports — Exit Polls Show Modi in Lead — India’s rupee strengthened to a four-month high after most exit polls showed Prime Minister Narendra Modi’s party ahead of its rivals to win power in Uttar Pradesh. Stocks fluctuated as investors stayed cautious before results of elections in the most politically crucial state.
Delhi Leader Kejriwal Took Action to Reduce Air Pollution
Gold Silver Reports ~ In a city where motorists routinely run red lights and drive on the wrong side of the road, many doubted the feasibility of Delhi leader Arvind Kejriwal’s plan to roughly halve the number of cars in India’s capital in a bid to reduce air pollution.