Page 198 of ECONOMY

India’s power consumption grows 17.2 pc to 134.13 bn units in June

Power consumption in June last year was recorded at 114.48 BU, which was higher than 105.08 BU in the same…

July 1, 2022 13:05 IST

India’s manufacturing sector activity eases to 9-month low in June amid price pressure

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 53.9 in June from 54.6 in May,…

July 1, 2022 12:47 IST

Laws governing business must lose criminalising provisions

Criminal liability must be done away with for all procedural and technical lapses. Imprisonment should be imposed only for serious…

Updated: July 1, 2022 12:01 IST

Explainer: Labour reforms — a long and slow process

Over 6 years later, 4 labour codes were notified following presidential assent. Though these laws are yet to take effect,…

July 1, 2022 08:42 IST

Global credit conditions more negative amid rising borrowing costs, slower economy growth: Moody’s

It said the surge in energy and food costs spurred by the conflict in Ukraine is weakening the purchasing power…

June 30, 2022 14:19 IST

Seven states among top achievers in ‘ease of doing business’ ranking of states, UTs

Himachal Pradesh, Uttar Pradesh, Odisha, and Madhya Pradesh are the other states categorised as achievers in the ranking.

June 30, 2022 13:14 IST

GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh crore monthly tax ‘new normal’

A nationwide Goods and Services Tax (GST), which subsumed 17 local levies like excise duty, service tax and VAT and…

June 30, 2022 13:04 IST

IMF sets tough conditions for Pakistan to revive USD 6 billion loan facility: Report

The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing…

June 29, 2022 12:42 IST

Five years of GST: Sectoral impact

Lack of recognition of cryptos as currency could result in GST levy on them as ‘goods’.

Updated: June 29, 2022 09:36 IST

Council approves GST rate hikes

The Fitment Committee’s proposal to raise tax rate from 12% to 18% on aseptic packaging paper, including Tetra Pack, was…

June 29, 2022 05:30 IST

What next for GST?

Land and real estate can be brought into the GST net, even as stamp duty is retained so as not…

June 29, 2022 04:30 IST

5 Years Of GST – III: Administrative systems get strong after initial lapses

High inflation and a general improvement in compliance also helped. Of course, part of the revenue jump is optical as…

June 29, 2022 02:30 IST

Experts stress on need to set up mechanism for systematic consideration of environment in all economic decisions

The seminar underscored the importance of using a conceptual framework that integrates scientific and economic data with traditional accounting principles…

June 28, 2022 20:25 IST

GST council clears proposal to remove tax exemptions on some items

Opposition-ruled states have been pressing for either extension of the GST compensation regime or increasing states’ share in revenue from…

June 28, 2022 18:37 IST

Record $82 billion dealmaking spree sees India defy global slump

The move illustrated how India’s flagship companies, facing disruptive trends such as the rise of fintech and climate change, are…

Updated: June 28, 2022 14:35 IST

Five Years of GST: Sectoral impact

Manufacturing has benefited from GST as lifting of embargo on ITC has reduced costs, says EY India. If real estate…

Updated: June 28, 2022 09:19 IST

India & EU resume FTA talks

The EU, even after the Brexit, continued to be India’s largest export destination (as a bloc) in FY22, though it…

June 28, 2022 05:15 IST

India witnessing early signs of sustainable economic revival, says Deepak Parekh

Parekh said high growth in non-oil and non-gold imports reflects the pick-up in domestic demand and the domestic economic activity…

June 27, 2022 19:56 IST

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