NEDFi gross income up 16.97% to Rs 184.84 crore in FY 2020-21

Financial institution North Eastern Development Finance Corporation Limited (NEDFi) said that despite the volatile economic scenario due to the COVID-19 pandemic and during the financial year 2020-21, the gross income of the corporation grew by 16.97% year-on-year to Rs. 184.84 crores. NEDFi held its 26th Annual General Meeting on November 23, 2021. PVSLN Murthy, CMD, … Read more

All countries have to play by the same rules of the road: Biden tells Xi at virtual summit

The United States will always insist on its values, rules are universal and countries must abide by them, US President Joe Biden said at the start of the much-anticipated virtual meeting with Chinese President Xi Jinping. “We have a responsibility to the world as well as our people. – I’ve talked about this – all … Read more

Companies reach out to government for clarity on implementing GST on credit notes

Several businesses offering customers discounts, reduced prices or extended payment cycles amid the COVID-19 pandemic have approached the government to clarify the impact of the Goods and Services Tax (GST) on these amounts. According to tax experts, enterprises issuing credit notes or credit memorandums – which are given directly to consumers for not paying money … Read more

Bengaluru’s ‘Alpine Girl’ walks to 50 high-altitude lakes in Kashmir

Battling arthritis, a Bengaluru woman earned the title of ‘Alpine Girl’ within a span of four months by trekking 50 high-altitude lakes in Kashmir at an altitude of about 10,000 feet above sea level. Possibly the first woman to visit these high-altitude lakes, Namrata Nandish, who lives in the Bellandur region of Bengaluru, started at … Read more

Japan to spend $18 billion on cash payments to families with children

Japan will spend nearly 2 trillion yen ($18 billion) on cash payments to families with children under 18 as part of an economic stimulus plan, the Yomiuri newspaper reported on Friday. Under the plan, families entitled to receive 100,000 yen per child regardless of household income around spring next year, the paper said without citing … Read more