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Economy

  • GST Council to finalise registration, other rules on Sep 30

    GST Council to finalise registration, other rules on Sep 30  

    Moving on fast track to meet the April 2017 GST rollout deadline, the tax department today came out with draft rules relating to registration, invoice and payment which will be finalised by the GST Council on Friday.

    26 Sep 2016, 9.48 pm  |  Source: PTI

  • Govt clears 11 FDI proposals worth Rs 2,325 cr

    Govt clears 11 FDI proposals worth Rs 2,325 cr  

    An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.

    26 Sep 2016, 7.08 pm  |  Source: PTI

  • Banks Board Bureau recommends 9 names for PSB exec dir post

    Banks Board Bureau recommends 9 names for PSB exec dir post  

    The Banks Board Bureau (BBB) today recommended nine candidates for the post of Executive Directors in various public sector banks.

    26 Sep 2016, 7.08 pm  |  Source: PTI

  • KPMG-Ficci tie up for GST awareness

    KPMG-Ficci tie up for GST awareness  

    Tax consultancy firm KPMG today said it has tied up with industry chamber Ficci for an awareness campaign on GST to highlight benefits and challenges of the new indirect tax regime.

    26 Sep 2016, 6.10 pm  |  Source: PTI

  • India`s petro consumption to grow 6% next fiscal: Moody`s

    India's petro consumption to grow 6% next fiscal: Moody's  

    India's petroleum consumption will grow at 6 percent in 2017-18, double the rate at which fuel demand in China is projected to grow, Moody's Investors Service said today.

    26 Sep 2016, 5.10 pm  |  Source: PTI

  • Maharashtra to get Rs 2,000 cr for forest conservation

    Maharashtra to get Rs 2,000 cr for forest conservation  

    To increase the green cover in the state, the Forest department is keen on reviving eco-battalion concept for large scale tree plantation, Mungantiwar told PTI.

    26 Sep 2016, 3.42 pm  |  Source: PTI

  • India printer mkt edges lower 4.7% in June qtr on weak demand

    India printer mkt edges lower 4.7% in June qtr on weak demand  

    However, consumer sentiment was good and going forward, this segment is expected to pick up in coming quarters, with festive mood in India gathering traction, IDC said in a report.

    26 Sep 2016, 3.32 pm  |  Source: PTI

  • India likely to import 2 MT wheat to boost supplies

    India likely to import 2 MT wheat to boost supplies  

    "Imports will increase in the coming months and reduce pressure on the domestic availability," Food Ministry Joint Secretary Prashant Dwivedi told PTI on the sidelines of an AGM of Roller Flour Millers Federation of India (RFMFI) ...

    26 Sep 2016, 3.32 pm  |  Source: PTI

  • FM Jaitley to address seminar on corporate bond market on Sep 27

    FM Jaitley to address seminar on corporate bond market on Sep 27  

    Jaitley will deliver the valedictory address at the one day BRICS Seminar on 'Challenges in Developing the Bond market in BRICS' in Mumbai tomorrow, a finance ministry statement said.

    26 Sep 2016, 1.54 pm  |  Source: PTI

  • Scientific solution needed to increase crop yield: PM Modi

    Scientific solution needed to increase crop yield: PM Modi  

    The Prime Minister said the 21st century is a technology driven century and India's requirements can be met through a scientific solution.

    26 Sep 2016, 1.28 pm  |  Source: PTI

  • Tobacco body wants to air views at WHO meet, writes to PM

    Tobacco body wants to air views at WHO meet, writes to PM  

    "NGOs, under the influence of multinational companies from western countries and promoting the interests of supermarkets and mega markets, have been influencing WHO to adopt resolutions at conferences, which will affect the liveli...

    26 Sep 2016, 1.24 pm  |  Source: PTI

  • SGX aims to host global Masala bonds

    SGX aims to host global Masala bonds  

    "SGX is currently Asia's Masala bond hub, and we have ambitions to be the home for Masala bonds globally. This will build on our current position as the leading exchange in Asia for debt listings from Indian issuers outside their ...

    26 Sep 2016, 12.24 pm  |  Source: PTI

  • Demand for coal to be robust; imports to reduce: Anil Swarup

    Demand for coal to be robust; imports to reduce: Anil Swarup   

    Anil Swarup, Secretary at Ministry of Coal is very confident of uptick in coal demand going forward because the per capital power consumption in the country is much below that of China.

    26 Sep 2016, 12.00 pm  |  Source: CNBC-TV18

  • Jharkhand CM Raghubar Das in US to attract investments

    Jharkhand CM Raghubar Das in US to attract investments  

    During his nearly a week-long trip, the Chief Minister will kick off his official schedule from tomorrow by attending the Mining Expo near Bellagio in Las Vegas, which is said to be the largest mining show in the world.

    26 Sep 2016, 11.08 am  |  Source: PTI

  • GDP growth to top 8% on rains, reforms: Arvind Panagariya

    GDP growth to top 8% on rains, reforms: Arvind Panagariya  

    Elaborating, he said, "This will happen because there will be impact of reforms also (besides a good monsoon). We still have not seen (the impact of reforms). There were serious governance issues earlier. Projects were stuck. The ...

    26 Sep 2016, 10.08 am  |  Source: PTI

  • India seeks Korean expertise to develop rivers as waterways

    India seeks Korean expertise to develop rivers as waterways  

    Earlier this year, Parliament has enacted a legislation to convert 111 rivers across the country into National Waterways, a move that would boost movement of goods and passengers via rivers and reduce transportation cost substanti...

    26 Sep 2016, 10.08 am  |  Source: PTI

  • Finance Ministry may talk to EC before finalising Budget date

    Finance Ministry may talk to EC before finalising Budget date  

    The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise.

    26 Sep 2016, 10.08 am  |  Source: PTI

  • Congress CMs to press for 18% GST cap

    Congress CMs to press for 18% GST cap  

    The party leadership has written to the chief ministers and finance ministers, asking them to firmly reiterate the capping of the GST rate at 18 per cent in the upcoming meeting.

    26 Sep 2016, 10.08 am  |  Source: PTI

  • GST: Life insurers want exemption; general differential rates

    GST: Life insurers want exemption; general differential rates  

    Life insurers, who are set to write to the Prime Minister seeking exemption from the new tax regime, feel that their premium income has remained stagnant since the industry was brought under service tax in 2012.

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Centre`s 37% sugar quota bar irks sugar mills in Maharashtra

    Centre's 37% sugar quota bar irks sugar mills in Maharashtra  

    The Union government, in a letter dated September 8, has asked every sugar mill in the state to keep only 37 percent of its stock, thus pushing them to offload the rest by September 30.

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Karnataka Minister for policy changes in tune with emerging biz

    Karnataka Minister for policy changes in tune with emerging biz  

    "There are certain laws that needs to be followed. If you are a facilitator or an aggregator, and if you are making money from that platform, you are responsible for safeguarding passengers or customers," he told PTI here.

    26 Sep 2016, 9.08 am  |  Source: PTI

  • `All villages in Punjab to have toilets, water supply by 2017`

    'All villages in Punjab to have toilets, water supply by 2017'  

    State Water Supply and Sanitation Minister Surjit Singh Rakhra said the work on this project, under the Swachh Bharat Mission, is already underway and will be completed by October 2, 2017.

    26 Sep 2016, 9.08 am  |  Source: PTI

  • 86 MoUs worth Rs 15,000 crore signed during 1st tourism summit

    86 MoUs worth Rs 15,000 crore signed during 1st tourism summit  

    The first investment summit for tourism held in India came to a resounding close with several announcements being made to promote investments in the sector.

    26 Sep 2016, 9.04 am  |  Source: PTI

  • Govt depts asked to emulate example set by Rlys in cleanliness

    Govt depts asked to emulate example set by Rlys in cleanliness  

    Railways Minister Suresh Prabhu, who spoke on the occasion, said the nine-day campaign 'Swachhta Saptaah', was successfully conducted in Railways from September 17 ending.

    26 Sep 2016, 9.00 am  |  Source: PTI

  • India`s move to ratify Paris Climate deal a `big` step: Dave

    India's move to ratify Paris Climate deal a 'big' step: Dave  

    "Prime Minister has announced that India will ratify the Paris agreement, implying the agreement arrived at in Paris has been accepted by India in binding. The goals decided, the targets fixed with regards to climate change, 55 na...

    26 Sep 2016, 9.00 am  |  Source: PTI

  • Monetary Policy Committee:  A job well begun

    Monetary Policy Committee: A job well begun  

    The MPC has six members, three from RBI (ie. governor, and deputy governor and executive director in charge of momentary policy) and three external members appointed by the government.

    26 Sep 2016, 7.45 am  |  Source: CNBC-TV18

  • Haryana to become kerosene-free from April 1 next year

    Haryana to become kerosene-free from April 1 next year  

    Haryana will become kerosene-free from April 1 next year, while eight of the state's 21 districts will get the status on November 1 this year, an official spokesperson said today.

    26 Sep 2016, 7.44 am  |  Source: PTI

  • Vigilance clearance awaited for new MPC members

    Vigilance clearance awaited for new MPC members  

    The all-powerful Monetary Policy Committee's first rate decision on October 4 hinges on vigilance clearance for the government-nominated three independent economists coming in time.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Rs 6.41 lakh cr investment potential in MoUs signed by Haryana

    Rs 6.41 lakh cr investment potential in MoUs signed by Haryana  

    Haryana government has signed a total of 406 MoUs for an investment of Rs 6.41 lakh crore in the state, after the Happening Haryana Global Investors' Summit held in March this year, a government official said today.

    24 Sep 2016, 6.44 pm  |  Source: PTI

  • Crop insurance to farmers within two weeks: Odisha govt

    Crop insurance to farmers within two weeks: Odisha govt  

    Odisha government today said arrangements are being made to provide crop insurance to the farmers affected by last year's drought within two weeks even as opposition Congress walked out of the House in protest.

    24 Sep 2016, 5.02 pm  |  Source: PTI

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