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Tag: 2014

First since 2014: Ghaziabad may raise circle rates to meet stamp duty target

First since 2014: Ghaziabad may raise circle rates to meet stamp duty target

Finance
The stamp and registration department in Ghaziabad is believed to have written to the Uttar Pradesh government recommending that circle rates be raised in the current financial year. Circle rates have remained unchanged in Ghaziabad since 2014. “We have sent our recommendations to the state government on circle rates. It is for the government to take a call on the matter,” said ML Patel, AIG (stamps). “In the last financial year, we could manage to meet 89% of the stamp duty target set by the state government,” he added. In the 2018-19 financial year, the UP government had set a target of collecting Rs 1,626 crore as stamp duty, but could manage only Rs 1,442 crore. Officials said one of the reasons that led to a shortfall in stamp duty was a recent slowdown in the real estate sector. Anot
Ryanair post first loss since 2014 amid fare cuts

Ryanair post first loss since 2014 amid fare cuts

Business
Ryanair posted a net loss of €19.6m (£17.2m) for the last three months of the year, its first quarterly loss since March 2014.The airline carried 32.7 million passengers compared with 30.4 million for the same period a year earlier as revenue rose 9% to €1.53bn.But the airline said "excess winter capacity in Europe" cut its profit.Ryanair said chairman David Bonderman will leave in the summer of 2020.While the company blamed too many airlines chasing too few passengers, costs may be the real problem, industry experts said.The company's fuel bill leapt 32% and its staff costs rose 31%. In total, Ryanair's operating costs rose 20% to €1.54bn."The heart of the big drop in their profitability is that their fuel costs are very high this ye...
8 dead in worst escalation in Gaza since 2014

8 dead in worst escalation in Gaza since 2014

World
Eight people have been killed in the worst escalation of violence Gaza has seen since the 2014 war. A fresh wave of fighting erupted in the Gaza Strip, leaving an Israeli soldier and seven Palestinians dead after two days of unrest.An Israeli aircraft fired towards a militant who was part of a group launching rockets at its territory, the Israeli military said.The Israeli military said an Israeli soldier was also killed and another wounded after a firefight erupted.It came as a man in southern Israel was killed after Gaza militants fired dozens of rockets at a residential building early on Tuesday.Hamas and other militant groups have since said they had accepted an Egyptian-brokered ceasefire to end two days of fighting with Israel that had pushed the sworn enemies to the b...
Israel deals 'hardest blow' to Hamas since 2014 Gaza war

Israel deals 'hardest blow' to Hamas since 2014 Gaza war

World
Israel has carried out its biggest attack against Hamas militant targets in Gaza since the war in 2014, Prime Minister PM Benjamin Netanyahu says.The raids were a response to rockets fired into Israel, he said, pledging more if necessary, but Palestinians said a ceasefire had been agreed.Palestinian health officials said two people were killed and 12 injured in an air strike in Gaza City. Three Israelis were hurt by one of more than 90 rockets fired on Israel.The Israel Defense Forces (IDF) said it had struck facilities used by Hamas, which dominates Gaza, including a battalion headquarters in Beit Lahia, a training camp located in a high-rise building in the al-Shati refugee camp in northern Gaza, weapons storage facilities and ...