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Top 10 biz headlines gst rates for 5-star hotels, oil crisis, and more

The Goods and Services Tax (GST) Council is likely to rationalise rates for five-star hotels in its meeting on Friday, holding out hopes for a boost to the tourism industry.

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Top 10 biz headlines gst rates for 5-star hotels, oil crisis, and more

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  1. Top 10 biz headlines:GST rates for 5-star hotels, oil crisis, and more GST rates for 5-star hotels, oil crisis, and more

  2. CURRENTS AFFAIRS Council is likely rationalise rates for five-star hotels in its meeting on Friday, holding out hopes for a boost to the tourism industry. In 2018-19, when Modern Coach Factory (MCF) at Raebareli manufactured about 1,500 rail coaches against a capacity of a mere 1,000, it surprised many. Apart from its human workforce, 44 robots are also being credited for this stupendous success. » The Goods and Services Tax (GST) Private equity (PE) firms Bain Capital and TPG Capital are believed to be in preliminary talks on acquiring a minority stake in the Tata group’s Tata Capital Financial Services (TCFSL). The Union Cabinet’s approval on August 28 for opening commercial coal mining to the 100 per cent foreign direct investment (FDI) gave the impression of major reform in a sector dominated by state-owned Coal India Ltd (CIL). The rural development ministry has started work on assigning a standardized unique number for each surveyed plot, a senior government official said. The unique number will have details of the state, district or zilla, tehsil or taluka, block level and street information, wherever applicable, and information about the plot including size and ownership details. Reliance Jio Infocomm has become the new leader in the voice minutes market, with a 36% share, pulling ahead of Bharti Airtel (33.5%) and Vodafone Idea (30.7%), reported Economic Times. Catch here for full information → Top 10 biz headlines

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