Economy
NITI Aayog CEO Amitabh Kant explains how India can achieve 9-10% growth
Electric mobility will be the newer area of growth, especially with the cost of battery falling radically, he said.
Assam govt sops to tea sector to boost exports: ITA
The northeastern state, the largest producer of tea in the country, has also allowed interest subvention of 3 per cent on all term loans and working capital advances which will lead to lower cost of f
India’s slowdown story is older than IL&FS crisis; these reasons aggravated trouble
The main reasons behind the slowdown were global factors and domestic factors such as a sharp decline in consumer confidence and a negative central government fiscal impulse.
Hurun Global Rich List 2020: ‘Realty, logistics could help India add wealth faster, catch up with China’
The report states that when Chinese GDP was comparable to that of India’s, the country had almost zero billionaires.
Govt removes tariff caps for solar, wind power auctions
The tariff cap was one of the reasons cited by the industry, which slowed down the pace of adding renewable generation capacities to 8.6 giga-watt (GW) in FY 19 from 11.3 GW and 11.8 GW in FY17 and FY
India and Chile set to have another round of trade talks next month
The expansion of the existing PTA with Chile is expected to help India as it is a member of the Pacific Alliance, where New Delhi is an observer. After the expansion of the PTA, the trade basket will
India’s forex reserves jump to lifetime high of USD 481.54 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The gold
GST fraud of Rs 150 crore unearthed after raids in Delhi, UP, J&K
GST intelligence officials conducted raids at units in Jammu and Kashmir, Delhi and Uttar Pradesh, finding most of them to be fake companies, officials said.
Why interest rate cut may not bring economic relief amid Coronavirus outbreak
Only a rate cut in the current situation will only lead to asset bubbles and possibly no correction in demand.
Global GDP may lose $77-347 billion due to coronavirus, Asia to be hit significantly: ADB
China would account for $103 billion of those losses, or 0.8 per cent of its GDP.
Government seeks Parliament nod for Rs 54,000 crore additional spending
Finance Minister Nirmala Sitharaman presented the second and final batch of supplementary demands for grants in the Lok Sabha.
Modi’s ‘Digital India’ dream may soon reach factories; most companies plan to become digital soon
It is essential for manufacturing firms to first understand and then embark on digital transformational journey.
RBI ready to intervene in whatever way required to respond to coronavirus challenges, says Shaktikanta Das
The deadly virus that originated from China has spread to nearly 80 countries and has taken the lives of more than 3,300 people.
Disinvestment puts India’s PSU icons on sale as Modi govt scrambles for money
Faced with the highest unemployment in 45 years and a shadow-banking crisis that’s crippling lending, Modi needs the money to plug a budget hole and fund spending on infrastructure and reforms.
Income Tax refund: Paid tax under dispute? Here’s how you can get it back in Vivad se Vishwas
If the amount of tax paid is more than the amount payable under 'Vivad se Vishwas', the appellant will be entitled to refund.
Asia-Pacific economies face $211 billion hit from coronavirus, warns S&P Global ratings
S&P said it expected the region to grow 4.0 per cent this year as supply and demand shocks blow a $211 billion hole in the economy.
Covid-19 fallout: IMF warns of growth plunge, pledges $50 billion
With this, the IMF joined governments, central banks and multilateral bodies globally to firm up steps to deal with the epidemic that has spread to over 70 countries, with its epicentre in China.
Vivad se Vishwas: AAR cases, STT, disputes over Rs 5-cr tax demand out of ambit
All direct tax related cases pending before the Commissioner (Appeals), Income Tax Appellate Tribunal, high courts or the Supreme Court as on January 31, 2020 are eligible for the scheme.
Global food prices decline in February for first time in four months
World cereal utilisation in the 2019-20 cycle is now forecast to reach a record level of 2,721 million tonne, driven by higher food, feed and industrial usages.
IFC to pump $54 m in Suguna for India, Bangladesh, Kenya expansion projects
On the development impact, IFC said the most significant, expected project-level outcome would be the impact on the incomes of poultry farmers who participate in Suguna’s outgrower (contract farming
Vivad Se Vishwas scheme: Wealth tax, STT, CTT disputes kept out of amnesty scheme
The Direct Tax Vivad Se Vishwas Bill was passed by the Lok Sabha on Wednesday, paving the way for the government to notify rules and procedures for implementation of the scheme, which was proposed in
Maharashtra economy to grow at 5.7% in 2019-20: Economic Survey
The average share of the state's contribution is 14.3 per cent among all the states in the All India nominal GDP, it said.
Ultra rich people in India to double in next 5 years; here’s how more people will become richer
While India faces headwinds of a prolonged economic slump, the number of Ultra High Net Worth Individuals (UHNWIs) in the country is expected to double in the coming five years.
Karnataka Budget: Yediyurappa govt gives massive thrust to decongest Bengaluru, allots Rs 8,772 cr for city development
"For the year 2020-21, a total amount of Rs 8,772 crore is provided for the Bengaluru development sector," he said presenting the State Budget in the Assembly.
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Most Read
- NITI Aayog CEO Amitabh Kant explains how India can achieve 9-10% growth
- Coronavirus Latest Updates: 3 fresh cases reported from Ladakh, Tamil Nadu — Total goes up to 34
- Coronavirus: Hotel used for quarantining collapses in China, 70 people trapped
- GST fraud: Two directors of apparel exporting firms arrested for fraudulently claiming refund
- Yes Bank crisis: PayNearby says functioning 'without any disruption'
- Special liquidity window: RBI to offer Yes Bank Rs 10,000-crore loan
- Textile exports from nearly 15 states shrink in last five years; these states see maximum contraction
- P Chidambaram says RBI's draft for Yes Bank is bizarre; asks how nobody noticed big jump in loan book
- Reliance Communications' resolution plan filed before NCLT
- Yes Bank customers scramble for cash withdrawal at branches, most ATMs run dry
- Amazon has eyes on medical sector, internal team working to develop cure for common cold
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Budget 2020
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
- Economic Survey 2020: Fudging food and fertiliser subsidy
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