Economy

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20 Jun 2022

PM INAUGURATES RAILWAY ELECTRIFICATION

The electrification of the Konkan Railway will not only save Rs 150 crore on diesel but will lower the threat to the environment. Not only will the trains save fuel but they will also reduce pollution significantly, Environment Minister Nilesh Cabral said

16 Jun 2022

MAUVIN RELEASES DRAFT INDUSTRIAL POLICY '22

Business owners in Goa are set to receive massive fiscal and non-fiscal boost as the draft Goa Industrial Growth and Investment Promotion Policy, 2022 has laid greater emphasis on improving the Ease of Doing Business in Goa

02 Jun 2022

RESTAURANTS OWNERS IN FIX ONCE AGAIN

Restaurants in the state which were just recovering from a 2 year blow due to the pandemic, now have to deal with exorbitant vegetable prices. While some are barely scrapping by, many have had let go of staff or hike their prices risking reduced customers. Here’s a detailed coverage on the plight faced by restaurant owners in the state.

20 Apr 2022

Solar a promising alternative as power costs soar

Solar power was one of the major options to overcome rising costs, power shortages, the government said today. Goa has been facing power shortages over the past few days leading to industrial estate along with many homes too facing power cuts.

20 Apr 2022

Eco-friendly industries welcome says Mauvin

Eco-friendly industries are welcome in Goa. The government is trying to change the procedure so that industries can come to Goa without any hassles, he said, speaking on the ease of doing business. Once the plan is ready, it will be put in public domain, Industries Minister Mauvin Godinho said on Tuesday .

10 Apr 2022

India's foreign exchange reserves dipped by $11.17 billion

India's foreign exchange reserves dipped by $11.17 billion in the week ended April 1, due to a sharp plunge in foreign currency assets. This is the steepest weekly fall ever, the Reserve Bank of India data showed.

30 Mar 2022

Councillors questions MMC budget figures, after MMC passes revenue budget

The Mormugao municipal council held the budget meeting for the year 2022-2023 today during which it was observed that the projected revenue for the upcoming year was 174% more than the previous year.

30 Mar 2022

CM tables budget before State Legislative Assembly today

The chief minister Dr Pramod Sawant presented the FY 22-23 budget during the second day of the Assembly Session today with focus being laid on Swayampurna Goa 2.0. With the state’s fiscal deficit well within the 4% target, the budget has proposed an allotted sum for the repayment of loans.

28 Mar 2022

6th hike in fuel prices, prices expected to up further 6th hike in fuel prices, prices expected to up further

Fuel prices in the state have seen a rise for a week now with 6 hikes in 7 days. Fuel in the state rose by nearly 4 rupees in 7 days with prices expected to rise even more owing to international rise in oil prices.

25 Mar 2022

Petrol, diesel hiked once again – third time in one week

Petrol, diesel prices were increased by 80 paise a litre, a third hike in four days. Prices had been on a freeze since November 4 ahead of the assembly elections in five states. A couple of days back the LPG rates too had been raised by around 50 rupees.