Gujarat Chamber of Commerce & Industry

3/2014-2015

Thu, 17 July 2014

Trade & Industry

Environment Ministry launches web portal for submission and monitoring of Forest Clearance proposals

Shri Prakash Javadekar, Minister for Environment, Forests and Climate Change launched a web portal for online submission and monitoring of forest clearance proposals, thereby minimizing the need for human interface between project proponents and officials dealing with Forest Clearance proposals in the Central and the State Governments.

Read More

Gujarat brings Onions, Potatoes under Essential Commodities Act

The Gujarat government put onion and potato under the Essential Commodities list to prevent undue increase in prices of kitchen staples mainly due to hoarding amid rain shortfall in the state.

Read More

Gujarat Government gets Rs. 8794 crore through VAT on Petroleum Products

Gujarat government’s net revenue through Value Added Tax(VAT) was Rs. 40976.21 crore in year 2013-14, up from Rs. 39,464 crore in 2012-13 and Rs. 31,291 crore in 2011-12. In 2013-14, the total revenue through VAT on petrol and diesel was Rs. 8,504 crore, while revenue through VAT on other petroleum products was Rs. 290 crore.

Read More

Economic & Finance

Inflation dips to 4month low of 5.43%

The Wholesale Price Index based inflation declined in June after touching 5-month high of 6.01 per cent in May. It was 5.16 per cent in June 2013.

Read More

Inflation dips to 4month low of 5.43%

The Wholesale Price Index based inflation declined in June after touching 5-month high of 6.01 per cent in May. It was 5.16 per cent in June 2013.

Read More

FIIs pour Rs 17,000 crore in Indian markets in July

Net investments by foreign investors in equity market stood at Rs 7,505 crore ($1.25 billion) till July 11. Net inflow for the debt market was Rs 9,286 crore ($1.55 billion), taking the total amount to Rs 16,791 crore ($2.8 billion).

Read More

SBI has cut deposit rates of Rs.1 crore or more in two buckets by 25 basis points each. The bank will pay 6.25% interest on deposits of Rs.1 crore or

SBI has cut deposit rates of Rs.1 crore or more in two buckets by 25 basis points each. The bank will pay 6.25% interest on deposits of Rs.1 crore or more in the seven days to 60 days bucket, down from 6.50%, while deposits in the 61 days to less than one year bucket will yield 6.75%, down from 7%.

Read More