Gradual recovery in the credit quality of corporates driven by higher commodity prices, lower interest rates, improved capital structures, and efficiency gains to limit the increase in stressed loans.
In an interview to CNBC-TV18, Dorab Mistry, Director of Godrej International spoke at length about agro commodities.
The government, in its budget announcement in 2017 said that company promoters that hold shares via private trusts will be imposed a 10 percent tax on dividend income exceeding Rs 10 lakh.
The consumer demand for diamond jewellery saw a marginal growth in 2016, driven by strong performance in the US, where the demand exceeded USD 40 billion for the first time, while the strength of the US dollar weighed on the performance in some of the other key global markets, according to De Beers' 'Diamond Insight Report: 2017'.
Latest price data released by the commerce ministry today showed that food prices, especially pulses continued to fall owing to a supply glut, while a rise in certain food items pulled up the inflation level. Wholesale inflation remained low in August last year at xx percent
"A strong India is in Japan's interest and a strong Japan is in India's interest," Abe said after laying the foundation stone of the project at a ground at Sabarmati in Ahmedabad.
The largest firms on Wall Street have already begun to explore such opportunities, which are causing many employees to adapt to the new technologies or find new job profiles.
The 3.6 million pre-owned car market grew at nine per cent as the demonetisation reduced market size by two lakh units or an estimated six per cent of the overall used car sales market, it said.
Updates from Japanese Prime Minister Shinzo Abe's two-day trip to Gujarat.
Watch accompanying video of CNBC-TV18’s Ekta Batra detailing about what to expect from August wholesale price index (WPI) inflation data.
Chairing a high-level meeting on 'Projects on Decongestion of Delhi, Union Road Transport Minister Nitin Gadkari said a comprehensive exercise for decongesting arterial road network of national highways connecting NCT Delhi was on.
Union Minister Arjun Ram Meghwal today said that "Sankalp se Siddhi" (Attainment through Resolve) scheme, which aims at good governance, is a five year plan under which new India movement 2017-2022 would take place.
The Standing Committee on Anti-profiteering will act as a complaint processing machinery and will refer any cases it finds fit for investigation to the Directorate General of Safeguards (DGS)
The findings showed that occupation is the single- largest determinant of how frequently households use bank accounts or have zero-balance accounts.
Recently, Prime Minister Narendra Modi had expressed concerns over the huge number of litigations involving the tax department.
With automation slowly gain ground, 87 percent of the respondents in a survey saw the process as having a positive impact on their current work situation.
According to findings by the financial service major, government spending growth is slowing down sharply, while half of the population is seeing weak income growth.
"Where any outstanding liability, inclusive of any accrued interest is waived in accordance with the approved Resolution Plan, such waiver/write-back should not be subject to tax under both normal and Minimum Alternate Tax (MAT) provisions of the Income-tax Act, 1961," Assocham said in a letter to Central Board of Direct Taxes (CBDT).
Realisation from exports stood at Rs 11,621.97 per tonne in the said period. The total value of exports stood at Rs 1,098.58 crore and the volumes 9.45 lakh tonnes in April-June of 2017-18, according to the data maintained by the National Horticultural Research and Development Foundation (NHRDF).
The state government has announced a Rs 32,000 crore scheme to waive farm loans of up to Rs 1 lakh by lending institution as on or before March 31, 2016. The state government in a release said that farm loans of Rs 10,000 and above have been waived benefiting 11,27,890 farmers.
Talks on the Bilateral Trade Investment Agreement (BTIA) —- the official title of the pact -- started in 2007 but have been marred by various flip-flops and disagreements. The discussions have remained deadlocked on issues like tariffs on automobiles and wines and spirits, EU trade officials said.
The much-delayed peer-to-peer (P2P) lending guidelines have been finalised and will soon be released by the Reserve Bank of India (RBI) once it is notified by the government.
Summons from the income tax department have been sent to tax experts for giving valuation certificates to startups.
According to the Japanese financial services major, post-GST restocking is likely to drive a faster pace of industrial output growth in the coming quarters. Before the implementation of Goods and Services Tax (GST), destocking was triggered largely owing to a steep fall in demand from consumers as they delayed purchases.
"As regards non-fiat crypto currencies, I think we are not comfortable...non-fiat cyptocurrencies like bitcoins, for example," Sudarshan Sen said at a fintech event by KPMG.