Daily Sector News Today – 31.10.2017
* BANKING: World Bank has signed a pact with the Indian government to give $200 mln loan for Assam Agribusiness and Rural Transformation Project.
* ECONOMY: Government bond prices fell sharply after some market participants who met a top official from the Reserve Bank of India came away with the impression that the central bank's single-minded focus was on curbing inflation, the risks to economic growth notwithstanding.
* ENERGY: The Maharashtra government has appealed to farmers to clear their pending electricity bills and also waived the late fee for these dues, under the 'Mukhyamantri Krishi Sanjeevani Yojana 2017' scheme.
* GOVERNMENT: Revenue Secretary Hasmukh Adhia is likely to be designated as the next finance secretary after incumbent Ashok Lavasa retires today, a finance ministry official said.
* RAILWAYS: The government has given infrastructure status to development of railway stations and adjoining commercial infrastructure, paving the way for easier access to institutional credit.
* TAXATION: The government has extended the date for filing Goods and Services Tax Return-2 for July to Nov 30 and for Goods and Services Tax Return-3 to Dec 11.
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* ECONOMY: Government bond prices fell sharply after some market participants who met a top official from the Reserve Bank of India came away with the impression that the central bank's single-minded focus was on curbing inflation, the risks to economic growth notwithstanding.
* ENERGY: The Maharashtra government has appealed to farmers to clear their pending electricity bills and also waived the late fee for these dues, under the 'Mukhyamantri Krishi Sanjeevani Yojana 2017' scheme.
* GOVERNMENT: Revenue Secretary Hasmukh Adhia is likely to be designated as the next finance secretary after incumbent Ashok Lavasa retires today, a finance ministry official said.
* RAILWAYS: The government has given infrastructure status to development of railway stations and adjoining commercial infrastructure, paving the way for easier access to institutional credit.
* TAXATION: The government has extended the date for filing Goods and Services Tax Return-2 for July to Nov 30 and for Goods and Services Tax Return-3 to Dec 11.
