Economy

‘Indian Railways suffered Rs 30k-crore avoidable loss’

The CAG has indicted the Indian Railways for not employing strict checks and balances in its dual freight policy...

indian railways News

Finer details of GST are yet to be worked out: KM Mani

KM Mani, finance minister of Kerala and chairman of the empowered committee of state finance ministers...

Finer details of GST are yet to be worked out: KM Mani

Defence ministry to seek DAC’s permission to buy M-777 guns

The ministry of defence is expected to seek the Defence Acquisition Council’s (DAC) permission for fresh letter of acceptance...

Defence ministry to seek DAC’s permission to buy M-777 guns

States brainstorm over GST nitty-gritty

State FMs meet to iron out differences over revenue-sharing between states and the Centre

States brainstorm over GST nitty-gritty

NICDA plans on hold amid fears of Japan pullout from DMIC

The government has put off a decision to subsume the DMIC Development Corporation (DMICDC) and the DMIC Project Implementation Trust within the proposed National Industrial Corridor Development Author

NICDA plans on hold amid fears of Japan pullout from DMIC

Private energy firms take up issues with Dharmendra Pradhan

Issues such as extension of production-sharing contract (PSC), auction of marginal fields, public-private partnership...

Private energy firms take up issues with Dharmendra Pradhan

Govt seeks public comments on replacing multiple permissions

As part of its efforts to improve India’s ranking in the World Bank's 'Ease of Doing Business' index, the government...

Govt seeks public comments on replacing multiple permissions

Rafale deal: India, France set up teams to work out details

To meet the critical requirements of Indian Air Force (IAF), India and France on Wednesday decided to set up teams ...

Rafale deal: India, France set up teams to work out details

China power gear makers mull repair Centre in India

Chinese power equipment suppliers are expected to soon set up a dedicated repairing centre in India.

Economy News

Govt cuts PPA contract period from 25 years

To improve the chances of power developers entering into concessional fuel-supply agreement with coal producers...

Govt cuts PPA contract period from 25 years

SC asks Centre to file affidavit on NCLT

Supreme Court on Wednesday asked the Centre to file an affidavit by Thursday on steps it has taken to set up National Company Law Tribunal...

SC asks Centre to file affidavit on NCLT

Customs revenue stagnant at 1.6% of GDP in last 5 years

Despite an increase in the share of the indirect taxes, customs revenue was stagnant at around 1.6% of GDP for five years ended in FY14...

Customs revenue stagnant at 1.6% of GDP in last 5 years

Commerce min asked to arrest trend of falling EOU numbers

Taking note of the fall in the number of export-oriented units...

Commerce min asked to arrest trend of falling EOU numbers

Investments on agenda in Narendra Modi’s South Korea, China & Mongolia visits

Prime Minister Narendra Modi’s forthcoming visit to China starting May 14, 2015, will come in handy for India...

Investments on agenda in Narendra Modi’s South Korea, China & Mongolia visits

Govt may sell 10% IOC stake by early July on improving market sentiments

A 10% stake sale in IOC could fetch R8,800 crore at the current market prices.

Govt may sell 10% IOC stake by early July on improving market sentiments

2G scam: SC refuses to stay trial in PMLA case

The Supreme Court on Tuesday refused to stay the trial in a special court in a money laundering case...

2G scam: SC refuses to stay trial in PMLA case

Coal ministry in JV with Jharkhand, rail ministry for fuel evacuation

THE coal ministry entered into a tripartite agreement with the Jharkhand government and railway ministry to form a JV for undertaking financing and implementation of identified projects on equity basi

Coal ministry in JV with Jharkhand, rail ministry for fuel evacuation

MMDR rules to retain 2 stage auction model

The government is unlikely to accede to the industry's demand for doing away with the two-stage auction model proposed for iron ore, bauxite, limestone and manganese ore.

MMDR rules to retain 2 stage auction model

NTPC denies interest in Tilaiya ultra mega power plant following Reliance Power’s exit

NTPC has denied any plan to step into the 4,000-mega watt (MW) Tilaiya ultra mega power plant (UMPP) in Jharkhand.

NTPC denies interest in Tilaiya ultra mega power plant following Reliance Power’s exit

Govt employees under NPS set to get more flexibility

Government employees covered under the National Pension System (NPS) will soon get the right to choose their retirement fund manager.

Govt employees under NPS set to get more flexibility

Amended norms lower fines on defaulters of service tax

Businesses that have intentionally defaulted on service tax payments in the last four years will get partial relief from the hefty 100% penalty.

Amended norms lower fines on defaulters of service tax

European Union free trade agreement talks likely to resume on PM Narendra Modi push

India and the European Union will likely resume free trade agreement (FTA) negotiations in June.

European Union free trade agreement talks likely to resume on PM Narendra Modi push

REITs unlikely to charm retail investors

Real estate developers like DLF, Parsvnath and Omax have finally got a favourable tax regime on Real Estate Investment Trusts.

REITs unlikely to charm retail investors

Forex reserves hit all time high of $345 bn as coffer swells by $1.4 bn

Forex reserves rose by $1.40 billion last week to an all-time high of $344.60 billion, RBI data showed.

Forex reserves hit all time high of $345 bn as coffer swells by $1.4 bn

Goa’s low grade ore miners for more sops

Producers of low-grade iron ore in Goa said the government should have removed the duty on ore with less than 58% ‘fe content’.

Goa’s low grade ore miners for more sops

Local industry contests USTR allegations

US has asked India again to solicit inputs and conduct stakeholder consultations on the proposed National IPR Policy.

Local industry contests USTR allegations

SC to hear FPI’s plea on tax treatment

Castleton Investment challenges AAR’s ruling to pay MAT on capital gains, thereby withdrawing India-Mauritius DTAA benefit

SC to hear FPI’s plea on tax treatment
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