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Economy

  • West Bengal emphasises on developing new tier II & III townships

    West Bengal emphasises on developing new tier II & III townships  

    But, a real estate developer on the sidelines said, "The theme cities have not able to attract bidders' interest and so the state government has decided to develop Bolpur theme city of their own." The state governemnt had decided ...

    29 Sep 2016, 2.50 pm  |  Source: PTI

  • Govt move localised; foreign investors need not fear: Niti Aayog

    Govt move localised; foreign investors need not fear: Niti Aayog   

    Foreign investors have nothing to fear and should not feel nervous, says Kant. India is going about its business and it has taken all possible actions to maintain peace, he adds.

    29 Sep 2016, 1.32 pm  |  Source: CNBC-TV18

  • India, Canada look for ways for early closure of trade deals

    India, Canada look for ways for early closure of trade deals  

    The issue, among others, will figure during the meeting between the trade ministers of both the countries in Toronto.

    29 Sep 2016, 12.10 pm  |  Source: PTI

  • Sugar prices to remain firm for next 3-4 quarters: ICRA

    Sugar prices to remain firm for next 3-4 quarters: ICRA  

    According to credit rating agency ICRA, sugar prices have remained firm and increased from around Rs 31,500/million tonnes in March to Rs 36,000/million tonnes in August and continue to hover around the same price in September, 20...

    29 Sep 2016, 10.00 am  |  Source: PTI

  • Bengal govt ink MoU with Burn Standard Co for Kolkata monorail

    Bengal govt ink MoU with Burn Standard Co for Kolkata monorail  

    Chief Minister Mamata Banerjee said the state government will provide land for the project which will go from Budge Budge and cross Taratala and Alipore to reach Ruby Hospital.

    29 Sep 2016, 10.00 am  |  Source: PTI

  • Suresh Prabhu inaugurates new railway tracks, train in Jharkhand

    Suresh Prabhu inaugurates new railway tracks, train in Jharkhand  

    Launching the new train service and tracks through video conferencing here, he said, "This will uplift the area and will go a long way in satisfying the needs of the local people."

    29 Sep 2016, 9.28 am  |  Source: PTI

  • Rs 1,269 crore assistance for crop damage to Maharashtra

    Rs 1,269 crore assistance for crop damage to Maharashtra  

    This was approved at a meeting of a high-level committee meeting for central assistance headed by Home Minister Rajnath Singh.

    29 Sep 2016, 9.28 am  |  Source: PTI

  • Need to examine high growth in farm credit, says Mundra

    Need to examine high growth in farm credit, says Mundra  

    "If the land bank is the same, the area under irrigation has not changed significantly, if the fragmentation is continuously happening, then what accounts for the increase in lending?" he said at an event here.

    29 Sep 2016, 9.28 am  |  Source: PTI

  • Inflation is inching down; room for easing: Chief Eco Advisor

    Inflation is inching down; room for easing: Chief Eco Advisor  

    Arvind Subramanian stands pat by his forecast that the Indian economy will grow by 7-7.75 percent in this year. In an interview to Business Standard, the Chief Economic Advisor said that the advancing of the Budget cycle will mean...

    29 Sep 2016, 8.34 am  |  Source: CNBC-TV18

  • DFCCIL signs MoU with Railways

    DFCCIL signs MoU with Railways  

    Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a government enterprise under the administrative control of the Ministry of Railways, is at present carrying out construction of 3,342km eastern and western freight...

    29 Sep 2016, 8.32 am  |  Source: PTI

  • Internet governance must be open, inclusive: Ravi Shankar Prasad

    Internet governance must be open, inclusive: Ravi Shankar Prasad  

    "This world has to be an equal world...this world has to be a world where voice of everyone is heard and the architecture of internet governance must emerge from that point....you must take views of all countries, particularly cou...

    29 Sep 2016, 7.38 am  |  Source: PTI

  • CBEC chief bats for minimal exemptions for India Inc under GST

    CBEC chief bats for minimal exemptions for India Inc under GST   

    Lesser the number of exemptions, the better it will be as each exemption distorts structure of the tax regime says, Najib Shah, Chairman of Central Board of Excise and Customs in a CNBC-TV18 special series, in association with Min...

    28 Sep 2016, 9.46 pm  |  Source: CNBC-TV18

  • Mahindra warns of `demographic disaster` sans jobs

    Mahindra warns of 'demographic disaster' sans jobs  

    Welcoming a move to develop "giant" special economic zones in coastal areas, industrialist Anand Mahindra today warned that without job creation on a war footing our "demographic dividend can turn into a disaster".

    28 Sep 2016, 9.44 pm  |  Source: PTI

  • Govt expects improvement in India`s ease of doing biz ranking

    Govt expects improvement in India's ease of doing biz ranking   

    With a host of reform measures, including the Goods and Services Tax (GST) and enactment of insolvency law, the country will also witness improvement in its ranking in the World Bank's Ease of Doing Business in coming years.

    28 Sep 2016, 8.14 pm  |  Source: PTI

  • Inflation to avg at 5% in FY17; RBI may cut 25 bps in Dec: Pros

    Inflation to avg at 5% in FY17; RBI may cut 25 bps in Dec: Pros   

    While the probability of a rate cut is slim in next four months, there are high chances of it in next 12 months, Pronab Sen, Country Director at IGC said.

    28 Sep 2016, 6.26 pm  |  Source: CNBC-TV18

  • Govt approves India-Singapore MoU to boost innovation

    Govt approves India-Singapore MoU to boost innovation  

    "The MoU will enhance bilateral cooperation activities in the arena of industrial property rights of patents, trademarks and industrial designs," an official statement said.

    28 Sep 2016, 4.36 pm  |  Source: PTI

  • CCEA clears Rs 2,256 cr project for CBEC`s GST integration

    CCEA clears Rs 2,256 cr project for CBEC's GST integration  

    The implementation strategy for the project will be to ensure readiness of CBEC's IT framework by April, 1, 2017, when GST is to be introduced, an official statement read.

    28 Sep 2016, 3.38 pm  |  Source: PTI

  • `GDP to bank credit growth link weakening due to alternatives`

    'GDP to bank credit growth link weakening due to alternatives'  

    The total credit dispensed by the non-bank entities has increased to 37.40 percent in these two years, which is twice the pace of the 19.22 percent growth reported by banks, he said.

    28 Sep 2016, 3.30 pm  |  Source: PTI

  • World Bank unanimously reappoints President Jim Yong Kim

    World Bank unanimously reappoints President Jim Yong Kim  

    The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced today.

    28 Sep 2016, 7.22 am  |  Source: PTI

  • Modi not to attend SAARC Summit

    Modi not to attend SAARC Summit   

    Prime Minister Narendra Modi will not attend the SAARC Summit in Islamabad in November amidst heightened tension between India and Pakistan.

    27 Sep 2016, 9.52 pm  |  Source: PTI

  • Reasonably possible to meet Apr deadline for GST: Jaitley

    Reasonably possible to meet Apr deadline for GST: Jaitley   

    Lauding the progress achieved so far on GST implementation, Finance Minister Arun Jaitley today exuded confidence that it is "reasonably possible" to meet the April 1 deadline to roll out the new indirect tax regime.

    27 Sep 2016, 8.56 pm  |  Source: PTI

  • Corporate bonds: Gandhi cautions against ignoring bank funding

    Corporate bonds: Gandhi cautions against ignoring bank funding  

    Even as the government and the Reserve Bank are working in concert to deepen the corporate bond markets, deputy governor R Gandhi today said we must be "realistic" in our goals and not squeeze out the bank financing in the process...

    27 Sep 2016, 6.10 pm  |  Source: PTI

  • Centre to utilise waterways to transport logistics: Gadkari

    Centre to utilise waterways to transport logistics: Gadkari  

    Gadkari said this hailing the arrival of car carrier ship MV Dresdan with 500 cars at Coachin Port.

    27 Sep 2016, 6.04 pm  |  Source: PTI

  • ISA urges govt to extend MIP on steel by 6 months

    ISA urges govt to extend MIP on steel by 6 months  

    ISA has requested the government to favourably consider continuation of the MIP regime pertaining to imports pf 66 HS codes of iron and steel, it said in a statement.

    27 Sep 2016, 6.00 pm  |  Source: PTI

  • NGT notice to MoEF on decentralisation of EC for sand mining

    NGT notice to MoEF on decentralisation of EC for sand mining  

    Taking note of the plea, a bench headed by Justice Jawad Rahim issued notice to the Environment Ministry seeking its reply within two weeks. The matter was listed for next hearing on November 2.

    27 Sep 2016, 6.00 pm  |  Source: PTI

  • Monthly returns to be mandatory under GST

    Monthly returns to be mandatory under GST  

    As regards the refunds, the rules specified the procedure for claiming refund of any tax, interest, penalty, fees or any other amount under GST.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • CoalMin to go `totally digital` from Nov 1: Swarup

    CoalMin to go 'totally digital' from Nov 1: Swarup  

    Among other ministries, the HRD Ministry had also said it is working to ensure that degrees and certificates are given to students in digital format from the 2017 academic session onwards.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • Puducherry government to waive crop loans of farmers

    Puducherry government to waive crop loans of farmers  

    Talking to reporters here today, Chief Minister V Narayanasamy said the cabinet had approved the proposal of the Cooperative Department to write off crop loans totalling Rs 20 crores due from farmers to the primary agricultural co...

    27 Sep 2016, 2.14 pm  |  Source: PTI

  • ADB sticks to Asia growth forecasts on China, India strength

    ADB sticks to Asia growth forecasts on China, India strength  

    The Manila-based lender increased its growth forecast this year for China to 6.6 percent from 6.5 percent and for 2017 to 6.4 percent from 6.3 percent, citing fiscal and monetary stimulus measures in the world's second-largest eco...

    27 Sep 2016, 11.07 am  |  Source: Reuters

  • Tripura Assembly ratifies GST Bill

    Tripura Assembly ratifies GST Bill  

    State Finance Minister Bhanulal Saha moved a resolution to ratify the Constitution (122 Amendment) Bill, 2014, which was passed without any opposition.

    27 Sep 2016, 9.42 am  |  Source: PTI

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