Barring oil, a 71.5% jump in imports of gold and 94% surge in those of pearls, precious and semi-precious stones and a 19% rise in electronic items pushed up overall imports.
In a joint address to the media with Israeli counterpart Benjamin Netanyahu following delegation-level talks in New Delhi, Prime Minister Narendra Modi said, “We will strengthen the existing pillars of cooperation in areas that touch the lives of our people.
Not to be discouraged, Andhra Pradesh Chief Minister Nara Chandrababu Naidu has since found a way out of the quagmire, going for Light Metro Rail (LRT) in place of the medium metro prescribed by DMRC.
Four states currently implementing the electronic way bill (e-way) system as a pilot are generating 1.4 lakh bills per day on the GST Network (GSTN) portal.
The index of industrial production (IIP), for its erratic movement and the generally subdued levels, may have shed a bit of its status as a high-frequency indicator of the state of economy.
The drive to make power plants compliant with environmental norms is going to open up a Rs 1.3-lakh-crore opportunity in the next three years for emission control equipment providers.
While budgetary support, fundraising via debt have been on the rise, workload given to NHAI has also been increasing.
The National Democratic Alliance government’s flagship Urja Ganga gas pipeline will now be extended by 750 km to connect the seven North-Eastern states of the country, petroleum minister Dharmendra Pradhan said on Thursday.
The government has proposed to accord exploration companies the right of first refusal at the time of auction of mines they had explored.
The government’s move on Wednesday to allow 100% foreign direct investment (FDI) in real estate broking and consulting firms was widely hailed by industry players.
Ahead of the Budget for 2018-19 on February 1, Prime Minister Narendra Modi on Wednesday held deliberations with over 40 economists on the theme ‘Economic Policy – The Road Ahead’.
The government on Wednesday clarified that there was no extension granted for filing outward sales return (GSTR-1) under the goods and services tax (GST) as the deadline ends at midnight on January 10.
Indian solar manufacturers are divided in their reactions to the Directorate General of Safeguards’ recommendation of imposing provisional 70% safeguard duty on the import of solar cells for 200 days.
The Telecom Commission on Tuesday approved the recommendation of the Telecom Regulatory Authority of India (Trai), removing the intra-band cap of 50% spectrum holding by operators in a circle.
Finance minister Arun Finance minister Arun Jaitley held a meeting with top industrialists on Tuesday along with commerce and industry minister Suresh Prabhu to shape the agenda for participation at the forthcoming annual meeting of World Economic Forum at Davos.
As the deadline for filing first of the comprehensive returns (GSTR-1) is Wednesday, businesses have had a mixed experience with the GST Network (GSTN) portal.
Lower-than-expected inflation is estimated to pull down nominal GDP growth to 9.5% in FY18, against the budgeted 11-11.5%, according to chief statistician TCA Anant.
The Centre is of the view that state-run GAIL (India) should focus on creating gas pipelines in the country and not on marketing, petroleum minister Dharmendra Pradhan said on Tuesday.
Around 20,000 projects across the country have been registered under the Real Estate (Regulation and Development) Act, a senior housing and urban affairs ministry official said.
Encouraged by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government led by chief minister Yogi Adityanath is planning to invite bids for 100 MW of solar power projects by March.
The Supreme Court on Tuesday stayed the invocation of bank guarantee of Rs 1.65 crore given by Ultratech Cement pursuant to a 2008 contract for the allocation of a coal block which was held void by the SC in 2014.
The December quarter is expected to be encouraging for thermal power companies with gradual recovery in demand and higher electricity prices in the spot market.
Kerala’s loss-making public sector units are set to report good tidings. Indications are that they have collectively posted a profit of Rs 34.19 crore in the first half of the current fiscal, whereas in the corresponding period of the previous fiscal they had logged a collective loss of Rs 113 crore.
The Telecom Commission (TC) on Tuesday will take up the proposal to relax the cap on spectrum holding by telcos. If approved, the relaxation will not only remove a hurdle to the Vodafone-Idea merger, but also enable Reliance Jio to acquire Reliance Communication’s spectrum in 800 MHz band.
Aiming to connect 1.5 lakh gram panchayats through high-speed broadband, under the second phase of the Bharat Net project, telecom minister Manoj Sinha on Monday pitched for penalising those who delay the project work.
The Indian Railways will deploy drones to monitor railway projects and maintenance work, and manage crowd in order to enhance safety and efficiency in operating trains.
In what could be termed as one of the most ambitious plans of the Indian Railways, the transporter is set to commission a feasibility and cost study for elevated railway tracks across the 10,000 km length of the Golden Quadrilateral connecting the four metros.