Cabinet approves revision in ethanol prices

New Delhi

The Cabinet Committee on Economic Affairs has approved the revision in the price of ethanol under Ethanol Blended Petrol programme for supply to the PSU oil companies. The revised price of ethanol would be fixed at Rs 40.85 per litre under EBP and will be applicable for the forthcoming sugar season 2017-18. GST and transportation charges will also be payable additionally. TNS

New Delhi

GSTN launches offline tool for filing returns

To make the process of filing returns simpler, GST Network on Wednesday launched an offline tool for filing purchase returns GSTR-2. The tool will allow taxpayers to export data of GSTR-2 to excel. This will be helpful in comparing this data with purchase register to take actions like accept, reject and modify, GSTN said. TNS

Chandigarh

HDFC launches SmartUp Zone for startups

HDFC Bank has launched Smart Up Zone, an exclusive area inside the branch dedicated to startups, in Chandigarh. The bank plans to open similar zones in Amritsar, Jalandhar and Ludhiana. Through this zone, specially trained bank staff will offer tailor-made banking and advisory solutions to entrepreneurs. TNS

Chandigarh

Land Rover unveils all-new Discovery in India

Land Rover has announced the launch of the 5th generation Discovery in India with prices starting from ?71.38 lakh. Available in two powertrain options, the 3.0 L Diesel 190 kW & 3.0 L Petrol 250 kW, the all-new Discovery is Land Rover’s most versatile SUV yet, with class leading practicality and capability. TNS

New Delhi

CPI-IW for September static at 285 points

The All India Consumer Price Index for Industrial Workers (CPI-IW) for September remained stationary at 285. Retail inflation for industrial workers slid to 2.89% in September, from 4.14% in the same month last year, on account of cheaper food items. PTI