Shruti Srivastava
FSSAI CEO on Nestle’s Maggi: If their product was safe, why did they destroy it?
Maggi samples given clean chits were from factory that manufactures largely for exports, says FSSAI.
Japan’s Muji to foray into single brand retail segment
Ever since the FDI policy was liberalised by the government in 2012, Ikea, Promod, Le Creuset, Decathlon, Fossil Inc, Pavers England, Brooks Brothers and Damiani have already got a nod from the FIPB among others.
Indian rupee stronger against others, likely to keep exports under pressure
With rupee being one of the strongest currencies over the last few months, India has seen a decline in its exports, which fell for the seventh straight month in June, contracting 15.82 per cent year-on-year.
Government eyes gold deposits to cut market burden
Under the Gold Monetisation Scheme, depositors will be allowed to deposit only gold coins and bars, and will receive interest at the annual rate of 2.5 per cent.
JNPT on govt’s radar before World Bank’s 2016 report
JNPT handled 4.12 million TEUS in 2013 and handles about half of India’s containerised throughput.
Key challenges in implementation of Black Money Law
Faced with queries from professionals regarding the implication of the new Black Money Act, tax experts say that lack of clarity and paucity of time are the main challenges for implementation of the law.
Is Narendra Modi govt serious to make taxpayer’s life simpler?
Amid controversies over MAT and new I-T return forms, the image-makeover exercise the tax department had embarked on seems to have fallen on its face with questions arising on the efficacy of the Narendra Modi's initiatives t
PSUs, Central depts to get Rs 1 cr per MW to set up solar units
The projects have to be implemented by 2017 and the PSUs and ministries would be free to use the power so generated for either self-use or sell it to third party or discoms.
Maggi noodles row: Processed food industry’s fate hangs in balance
The battlelines were drawn well before the country’s food regulator passed its June 5 order that imposed a country-wide ban on Nestle India’s Maggi noodles.
CBDT to field officials: Check bank, property details during assessment
As per the CBDT’s assessment, in 2015-16, of Rs 8.27 lakh crore, the tax demand difficult to recover is Rs 6.73 lakh crore, almost 81 per cent of the total demand.
WTO ruling may not affect India’s poultry industry
Almost 96% of consumption in India is of live birds and just 4% of frozen meat.
Not just raids, need fear of jail to scare tax evaders: CBDT
The department has asked the field staff to add at least 25 lakh new assessees every month — a stiff target by all counts considering that it is nearly equivalent to the number of new assessees added annually.
GST: Most important tax reform since 1947?
Finance Minister Arun Jaitley estimates GST Bill will help increase India’s GDP by around 2 per cent.
One year in office: Narendra Modi sarkar assesses itself
The compendium has been tentatively titled SAMVAD, an acronym for ‘Self assessment of Narendra Modi government on various deliverables’.
UP govt seeks more powers for states in new GST council
The GST Council proposal has not gone down well with the Centre, which is drafting a reply to UP government’s proposal.
The complex ‘saral’: Cracking the form in tax reform
The simplicity of the income tax return form and widening of tax net are promises made by all finance ministers in the past.
Black money: 3 years of jail if convicted in Benami deals, proposes Narendra Modi govt
Finance minister Arun Jaitley had announced in the Budget 2015-16 that the govt will introduce a legislation to deal with the issue of domestic black money generation.
Amid cry for beef ban, meat exports from India on a rise
US department of agriculture shows that India has been the largest exporter of beef in the world since last year.
Relief for FIIs, Indian govt allays fears on tax claims topping $6.4 bn
The development is significant given the uproar among foreign investors following around 90 tax notices slapped on FIIs by the revenue department.
Satyam Computer scam: How India’s biggest accounting fraud unfolded
Amid the ongoing probe, on February 2, Mahindra & Mahindra-owned Tech Mahindra expressed interest in acquiring Satyam.
PAC red-flags UMPP bidding, coal diversion for Sasan
On the issue of diversion of surplus coal from Reliance Power’s Sasan UMPP, PAC recommended the de-allocation of “the surplus coal/coal block from Sasan UMPP.
Deadline near, India Inc scrambles to get women directors on board
One in six are from family, 119 firms comply in March; 313 yet to meet requirement.
Foreign trade policy to be launched on Apr 1, sops likely for manufacturing, services
The much-delayed foreign trade policy (FTP), set to be unveiled on April 1, is likely to provide incentives for manufacturing and exporting from India, value addition in exports...
Narendra Modi govt unlikely to relax FDI in e-commerce sector for now
With its focus firm on lifting the manufacturing sector off the ground, the govt has shelved the debate on relaxing FDI in e-commerce...
Key BJP-ruled states pick holes in Centre’s GST Bill
BJP-ruled states like Gujarat, Maharashtra, Rajasthan and MP flagging several concerns regarding the Constitution Amendment Bill to implement the GST.
India turning to services to bridge widening trade deficit with China
Outdone by China in the manufacturing sector, India is turning to the services sector to bridge the growing trade deficit between the two nations.
Hallmarking of precious metals to be taken up by Cabinet next week
Currently, hallmarking the jewellery is a voluntary exercise.
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Top News
- 'Not a single NPA in three decades': Adani Group rebuts allegations of not paying bank loans
- India's V-Day: Over 1.9 lakh beneficiaries get Covaxin, Covishield jabs; no complications so far
- HDFC Bank penalises its executive for inadvertently selling shares
- PM Modi announces Rs 1,000 crore Startup India seed fund, launches weekly TV show Startup Champions
- Rakesh Jhunjhunwala on selling spree; big bull cuts stake in Titan among other stocks
- HDFC Bank reports 18% jump in net profit to Rs 8,758 crore; gross NPA ratio at 0.81%
- Cashless health insurance claim settlement for Covid-19 treatment: IRDAI issues new instructions
- EXPLAINER- Can Trump pardon himself? Would the courts reject the move?
- Equity strategy for post-pandemic world: Morgan Stanley lists key themes to watch out for in 2021
- RBI open to examining bad bank proposal, says Shaktikanta Das; wants lenders to identify risks early
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