Prime Minister Narendra Modi has allowed his subsidy bill to balloon in the lead up to crucial elections, at the risk of breaching his budget deficit goals.
Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard.
Govt is likely to mop up another Rs 1,500 crore via buyback plan of some PSUs
In what could be seen as a silver lining for the power sector, generation from conventional sources went up by 5.8% year-on-year in January to 101.1 billion units (BU). Since electricity cannot be stored, generation is the most robust indicator of demand.
Prime Minister Narendra Modi on Wednesday announced a defence industrial corridor in the Bundelkhand region of Uttar Pradesh, one of the most backward regions of the state.
For the first time the data available in the Goods and Services Tax (GST) system can be the basis of credit, he said.
India’s GDP growth in the third quarter of the current fiscal is likely to be in the range of 6.5-7 per cent and may expand further in following three months, said a SBI research report.
Sajjan Jindal, in a tweet on Wednesday, said that since US Commerce Secretary Wilbur Ross is recommending higher import duty on steel and aluminium, India should consider imposing such tariffs as well as India needs a “level playing field.”
On Wednesday, the RBI released the minutes of the February monetary policy meeting, which details the arguments governor Urjit Patel put forth while voting to keep the interest rate unchanged. Here’s what he said.
FDI in the country grew by a meagre 0.27 percent to USD 35.94 billion during the first 9 months of the current fiscal.
India will have the right over 65 per cent of 6 million barrels of crude oil that ADNOC will store at the country’s maiden strategic storage at Mangalore.
India’s medium-term potential growth is likely to be above 7 per cent, backed by policy reforms, higher investments and stable global growth environment, says an UBS report.
Uttar Pradesh Investors’ Summit 2018 LIVE: A two-day event is a first event by the Yogi Adityanath government in the state. President of India, Ram Nath Kovind is also likely to attend the event on day 2.
The much awaited Cabinet nod for auctioning of coal mines for commercial use by private players will provide operational flexibility to coal consumers — predominantly power, metals and cement producers — who have been mostly dependent on public sector Goliath Coal India for coal linkages.
Expressing its disappointment with the recent regulations brought out by the Telecom Regulatory Authority of India (Trai) on predatory pricing, industry body Cellular Operators Association of India (COAI), which is dominated by the incumbent operators, stated it will benefit only a particular operator.
Prime Minister Narendra Modi on Tuesday reiterated that the government will take all necessary steps to double the income of farmers by 2022.
Gujarat deputy chief minister and finance minister Nitin Patel on Tuesday proposed Rs 183,666 crore budget for the year 2018-19.
In key reform, CCEA okays methodology for auction of coal blocks to private players for commercial use
Fadnavis said backward districts in the Marathwada and Vidarbha regions are attracting a large share of these investments.
The participants included representatives from industry, former commerce secretaries, government officials, academia, think tanks, civil society and trade policy experts.
Jio joins the list of other leading global companies such as Apple, Netflix, Tencent, Amazon, Spotify and many others.
The fraud is being probed by several agencies including Enforcement Directorate, CBI, SFIO and Income Tax Department.
As part of an MoU, Amazon India will educate, train and enable rural khadi artisans to directly sell their products to Amazon.in customers.
Briefing about his interactions with the Indian business leaders, he said prospects of Canadian investments in India were also discussed, especially the role played by the pension funds of Canada.
Prime Minister Narendra Modi on Tuesday shared his roadmap for doubling farmers’ income by 2022, saying that it will not be done by using old approach. Addressing over 300 stakeholders of agriculture during ‘Agriculture-2022: Doubling Farmers’ Incomes’, Narendra Modi laid 4-point formula for achieving the ambitious target.
Gujarat Budget highlights 2018-19: With the first budget after assuming power last year, Vijay Rupani led BJp government in Gujarat has tried to focus on the rural economy and health care. The budget also promises employment to youths and allocates substantially to boost the infra-structure.
Gujarat Budget 2018-19 updates and highlights: Gujarat deputy CM and finance minister Nitin Patel presented Gujarat Budget 2018-19 today.
Finance Minister Heng Swee Keat presented the Budget on Monday and announced ‘hongbao’ or the ‘SG Bonus’ where a part of the expected surplus from Budget of FY17 S$9.6 billion will be shared with all its citizens above 21 years of age.
As part of this partnership, customers can pay using Unified Payments Interface (UPI), Credit and Debit cards, PhonePe wallet and other external wallets like Jio Money and Freecharge for their fuel purchases, through the POS device at IOCL retail outlets in Bengaluru.