MPC will meet before October 4, says Das

It is the first time that the newly-constituted monetary policy panel will meet »
ADVANCE PLANNING: Bringing forward the Budget will help ministries begin disbursing funds from April 1. File photo

Cabinet’s formal nod to be sought for Budget on Feb. 1

“The decision to change the Budget date is a Cabinet decision,” Mr. Madhavan said. »

Women in senior roles help spur more profit

Companies with greater participation of women in decision-making roles generate higher market returns and superior profits, a Credit Suisse Research Institute report has said. “The higher the perc... »
CLEAN CONTENT: The advisory has also suggested a framework
for users to report occurrences of abusive content online

Centre to block online content on child abuse

About 850 sites were banned last year after an SC order. »

Tourism meet sees pacts worth Rs.15,000 cr.

Five states -- Gujarat, Rajasthan, Karnataka, Uttarakhand and Chattisgarh – signed 86 MoUs worth close to Rs.15,000 crore during the recently concluded Incredible India Investors’ Summit.Gujarat lead... »
World Bank President Jim Yong Kim. Photo: V.V. Krishnan
WASHINGTON, September 28, 2016

Jim Yong Kim reappointed World Bank chief

The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as President of the multilateral development lender after the nomination period closed without any challengers coming forward.Mr... »
MUMBAI, September 24, 2016

Indian industry ready to snap trade relations with Pakistan

Indian industry is ready to severe ties with Pakistan amid growing tensions between the nuclear-armed nations following an attack by militants on a military camp in the border region of Uri which kil... »
TRADE TIES: Bilateral trade between the neighbours was just $2.6 billion in 2015-16 (with India’s exports $2.2 billion) or 0.4 per cent of India’s overall goods trade worth $643.3 billion in the same year. File photo
NEW DELHI, September 24, 2016

Pakistan’s MFN tag may stay for now

The Government of India is not considering any proposal to withdraw the Most Favoured Nation (MFN) status accorded to Pakistan, as even without the move, the level of bilateral trade is “very low,” o... »
TAX NET: Union Finance Minister Arun Jaitley said consensus was also reached on jurisdiction over assessees.
NEW DELHI, September 24, 2016

GST council sets exemption threshold for tax at Rs.20 lakh

The Goods & Services Tax (GST) Council has decided that businesses in the Northeastern and hill states with annual turnover below Rs.10 lakh would be out of the GST net, while the threshold for t... »
NEW DELHI, September 23, 2016

Consensus eludes GST Council on major issues

Tamil Nadu may not join the rest of the country in rolling out the Goods & Service Tax (GST) from April 1, 2017, the deadline Prime Minister Narendra Modi has given for implementing the new indir... »
UDHAGAMANDALAM, September 23, 2016

UPASI, China Tea Marketing sign pact

In a bid to work jointly towards sustainable development of the tea sector, the United Planters' Association of Southern India (UPASI) and the China Tea Marketing Association (CTMA) have signed a Mem... »
NEW DELHI, September 23, 2016

Share insights on infrastructure, Jaitley tells BRICS nations

Finance Minister Arun Jaitley on Thursday called for a formal mechanism within BRICS nations to share and exchange experiences on infrastructure development.“Infrastructure is the key to the growth of... »
Washington, September 22, 2016

Fed keeps key rate unchanged but hints of coming hike

The Federal Reserve is keeping its key interest rate unchanged but signalling that it will likely raise rates before year’s end. The Fed said in a statement ending its latest policy meeting Wednesday... »
NEW DELHI, September 22, 2016

India-De Beers joint venture to be wound up

The Cabinet Committee on Economic Affairs approved initiating the process of winding up of Hindustan Diamond Company Pvt. Ltd. (HDCPL) — a 50:50 joint venture of the Government of India and De Beers C... »
SOME RESPITE: Analysts see only marginal relief for commuters as such road stretches are few.
NEW DELHI, September 22, 2016

Commuters to be spared from tolls on small roads

The Centre has notified the scrapping of toll tax collections on small road stretches and bridges developed at a cost of less than Rs.100 crore. Analysts, however, expect only marginal relief for com... »

Centre decides to do away with separate rail budget

Jharkhand unveils six policies to woo investors

‘Domestic consumption to lift GVA growth to 7.7%’

Need more data to help small enterprises, says Centre

Centre sends BS-V auto emission norms for a ‘six’

Rich Indians worry as ‘dollar’ visa set to end

GST deadline remains a challenge, says Sinha

Simplify factory inspections for ‘ease of doing business’: CII

NEW DELHI, September 28, 2016

India now ranks 39 among most competitive economies

India has risen rapidly among all countries in the global competitive stakes by climbing 16 notches to the 39th position during the past year in the WEF’s Global Competitiveness Index. According to t... »
MY CUPPA: The scheme aims at improving tea quality through modernisation of tea-factories. File photo
KOLKATA, September 24, 2016

Tea quality plan a dampener

A 20 per cent export clause in a 12th plan scheme for upgrading tea quality is proving to be a dampener for the industry, as the clause is restrictive, sources said.The scheme is valid up to March 31... »
Mega deal: The EU is seeking an “ambitious, comprehensive and balanced” FTA with India.
NEW DELHI, September 24, 2016

EU may re-engage with India on free trade talks

European Union (EU) hopes to soon re-engage with India on negotiations regarding the proposed Free Trade Agreement (FTA), which, it said, will also include an investment protection pact.The EU is see... »
NEW DELHI, September 23, 2016

States adopt reforms to ease business climate

About a dozen states have implemented 75 per cent or more of the 340 reform areas chosen to rank States on ‘business reforms action plan’ as part of the Centre’s the ‘ease of doing business’ initiativ... »
MUMBAI, September 23, 2016

Centre names economists to monetary policy committee

The Centre on Thursday named three academics trained in economics as the external appointees on the monetary policy committee (MPC) that will work with the Reserve Bank of India’s three members to de... »
KOLKATA, September 23, 2016

‘E-commerce firms may take space in malls’

Private equity investments made in retail assets in the first half of 2016 has risen to Rs.3,350 crore in the first half 2016 against Rs.250 crore a year ago, following an enabling environment and an... »
Minister of State for Finance, Arjun Ram Meghwal. File photo: Ramesh Sharma
New Delhi, September 22, 2016

Will meet April 1 target for GST rollout: Meghwal

Stressing that the new indirect tax regime is a major tool for improving ease of doing business, Minister of State for Finance Arjun Ram Meghwal today said the government will be able to implement Go... »
MUMBAI, September 22, 2016

Current account deficit narrows

India’s current account deficit (CAD) narrowed in the first quarter of the financial year to $300 million as compared with $6.1 billion in the year-earlier period. The deficit sharank to 0.1 per cent ... »
NEW DELHI, September 22, 2016

Digital classifieds to be $1.2-bn. market

The digital classified industry is projected to grow three times to $1.2 billion, on the back of growing smartphone penetration and Internet user base, according to a joint-report by Google and KPMG.T... »
Finance Minister Arun Jaitley and Railway Minister Suresh Prabhu. File photo.
September 21, 2016

Understanding the rationale behind rail, general budgets' merger

Ending a 92-year-old tradition, the Union Cabinet on Wednesday decided to merge the Railway budget with the General budget and agreed in principle to advance the date of its presentation in Parliamen... »

Cabinet to decide on rail, general budgets merger

High import duties, trade pact impasse irk Germany

Moody’s sees slower pace of new bad loans

India’s external debt rises to $486 billion

GST notification triggers uncertainty over excise duty

Finance Ministry moves to fill SAARC Development Fund posts

Current account moves into surplus, raises export concerns

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