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GST will make farm goods, services dearer: task force
Introduction of GST would help attain higher GDP growth and pull down prices of manufactured items, but would make farm goods and services expensive, the 13th Finance Commission Task Force on Goods and Services Tax (GST) said here today.

T-Series: Digi music
Music ripped off CDs or downloaded illegally, that can be found on digital music players, laptops and phones, robs the Indian music industry of over Rs 1,000 crore annually, according to market estimates. T-Series, the Indian music company which has rights to more than 200,000 songs, 30,000 music videos and movies, wants to change that. It has moved in with legitimate digital music on pen-drives and MicroSD cards, ideal for the preferred media devices, in the hope it will down one more deterrent to consuming media legally. The soundtrack of Blue is the first from its stables to be thus released, followed by All the Best and London Dreams.

News of the day

India, US work out liability insurance issues for N-plants
US nuclear companies will start cooperating with India under the bilateral Indo-US atomic deal once the issues relating to liability insurance as raised by some American companies are sorted out by the two sides.
Small Business

India agrees to supply additional 30 MW power to Nepal

India has agreed to provide an additional 30 MW of electricity to Nepal, which is facing an acute power shortage. - "Melbourne has racists, but racism not endemic in city" - ISB placements kick off with Rs 40-lakh offer - INOX to buy majority stake in Fame India - Engineers India FPO in July - Rama Bijapurkar: Unprepared for our consumption">Rama Bijapurkar: Unprepared for our consumption - "We plan to acquire mid-size E&P companies" During talks between External Affairs Minister S M Krishna, who is here on a three-day visit, and Premier Madhav Kumar Nepal yesterday, India agreed to supply an additional 30 MW of power, the Prime Minister"s Foreign Affairs Adviser Rajan Bhattarai said. Nepal currently imports 20 MW of electricity from India from the Tanakpur barrage situated in the Indo-Nepal border. Besides the additional 30 MW of power which India has agreed to provide, Nepal has requested for another 30 MW of electricity to deal with the power deficit, Bhattarai said. At present, Kathmandu and other major cities of the country are going through an eight-hour electricity cut daily due to the low level of water in the reservoirs of the major power stations of Nepal.


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