Following are the business news highlights till 1930 hrs today:
DEL6 BIZ-PENSION-CABINET
New Delhi: The government hopes to create 1 crore new jobs by bearing the entire 12 per cent of the basic salary that employers are mandated to make towards pension for the first three years for new employees.
DEL14 BIZ-PRASAD-FACEBOOK
New Delhi: The government has shot-off notices to Facebook and Cambridge Analytica on the data breach issue and will decide on action to be taken after receiving their responses, IT Minister Ravi Shankar Prasad said today.
DEL31 BIZ-RBI-LD ICICIBANK
Mumbai: The Reserve Bank has imposed a penalty of Rs 58.9 crore on the country's leading private sector lender ICICI Bank for violating its directions on direct sale of securities.
DEL35 BIZ-GAS-PRICE
New Delhi: The government has raised natural gas price by 6 per cent to its highest level in two years, a move that will result in higher CNG and cooking gas prices.
DCM42 BIZ-GST-RETURNS
New Delhi: The government has extended the date for filling up a form for claiming transitional credit by three months till June 30.
DCM19 BIZ-CEA-GROWTH
New Delhi: Having overcome the short term consequences of GST and demonetisation, India can now propel itself into a higher growth trajectory, Chief Economic Adviser Arvind Subramanian said today.
DCM28 BIZ-FINMIN-LOUS
New Delhi: The finance ministry has asked RBI to look into the problems being faced by industry and banks by the abrupt ban on LoUs, and provide some breathing space to them, sources said.
DCM31 AVI-AIRINDIA-SLOTS
New Delhi: Disinvestment-bound Air India has more than 6,200 slots for domestic and international flights, which could be among the key attractions for potential bidders, according to an official document.
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