Delhi based Baan Ganga Impex is found to Have invoices from non-existing 48 entities creating a web of suppliers among themselves and passing on ITC to each other. It availed invoices worth Rs 685 crore from fake entities and managed to get refund of Rs 35 crore.
12th November 2020 Ministry of Finance State of Economy – Strong Recovery COVID active cases decline from over 10 lakh to 4.89 lakh active cases with Case Fatality Rate (CFR) at 1.47 percent Composite Purchase Managers Index (PMI) rose to 58.9 in Oct vs. 54.6 last month, registering strongest increase in output in close to […]
COVID-19 has left an unprecedented impact on the hotel sector in India. HVS ANAROCK anticipates the overall Indian hospitality sector, including organized, unorganized and semi-organized operators, to incur an estimated revenue loss of nearly Rs 90,000 crore in 2020. Occupancy and average daily rate (ADR) are expected to reach pre-COVID levels by 2022 and 2023 respectively, presuming that a vaccine is in place by early 2021 and becomes widely available before the year-end.
Ayu Devices incubated at SINE, IIT Bombay in 2017 has developed a digital stethoscope that can help doctors listen to heart and lungs sounds while keeping at a safe distance from the patients.
Psephologists failed again. Bihar’s complex caste politics proved unpredictable. Though media-fuelled ambition couldn’t help Tejaswi find his way to become Chief Minister, the State’s inherent political-nature has reserved a place for him.
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