Government official says 43.68 lakh GST returns filed for October which is highest in 3 months. CNBC-TV18's Timsy Jaipuria has exclusive details.
The country's food and retail market is expected to touch USD 482 billion by 2020, up from USD 258 billion in 2015, with recent reforms making the sector more competitive and market- oriented, it said.
Coal India is planning to double supplies to power generators within a radius of 60 km of its mines by increasing the transportation of coal via road to meet the shortages at plants.
Divestment targets have been met only thrice out of the 16 times the Indian government has set them.
In an interview to CNBC-TV18, Manish Wadhawan, MD & Head of Interest Rates at HSBC India spoke at length about bond market.
The Moody's upgrade, the first since January 2004, lifted India up a notch to the second-lowest level of investment grade. Standard & Poor's and Fitch have had the country, the third-largest economy in Asia, at the lowest investment grade level for about a decade.
Road Transport and Highways Minister Nitin Gadkari on Monday asked NITI Aayog CEO Amitabh Kant to scrap the battery swapping proposal to promote electric vehicles saying that the technology is not viable.
The logistics sector has been granted infrastructure status which will help it access loans on easier terms, encourage manufacturing in the country and help improve economic growth, the government said on Monday.
Oil eased on Monday, as traders were wary of betting too heavily on which way prices might move ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at propping up prices.
There are signs of improvement for all stakeholders; however, it's still early days as DBT is not yet fully implemented both in terms of geography and its offerings.
BJP's youth wing in Tamil Nadu on Monday began a state-wide exercise to inspect whether hotels have revised prices after the GST council brought all hotels in the five percent bracket without Input Tax Credit.
European shares rose on Monday as confidence over global economic activity helped investors brushed off worries over the collapse of government talks in Germany.
While global and local money managers have been bullish on India for a while now, an upgrade from a rating agency adds some incremental benefits.
Expecting growth to revive next year, Moody's has said a 7.6 percent GDP expansion can result in corporates reporting a pre-tax profit growth of 5-6 percent over the next 12-18 months.
The government has been working on ways to attract more investments into transport and logistics as part of efforts to bolster infrastructure development in the country. Amending the existing framework, a notification issued by the Department of Economic Affairs (DEA) has widened the category of infrastructure sub-sectors to "transport and logistics" from the earlier sub-head of "transport".
Moody’s upgrade along with the recognition by the IMF chief and the World Bank sends out the clear message that the Indian economy is on the right track.
Patrick Kilbride, Vice-President, International Intellectual Property at GIPC, also asked India to take a leaf from China's recent efforts to strengthen IP protections
The digital ad spend, currently at Rs 9,800 crore, will see an exponential increase on widespread usage of 3G-4G services and the ongoing surge in Internet penetration, according to the survey conducted by industry body Assocham and KPMG.
ISMA has pegged the output at 25.1 million tonne in 2017-18 season as against 20.2 million tonne in the last sugar season (October-September).
The bank has now decided to install electronic surveillance systems at all its branches and ATMs.
The upward trend would continue in coming months as egg production is likely to be lower by 25-30 per cent this year, he said. "Egg prices have increased significantly as many poultry farms have reduced production for the current year because they did not get better rates last year," Katri told PTI.
Breach of personal data is one issue surrounding Aadhaar and to rectify this problem UIDAI is evaluating the framework of providing dummy numbers.
His views came while addressing Bar Leadership Summit recently through a video message. The summit aimed at deliberating upon issues and concerns surrounding liberalisation of the Indian legal services sector.
Moody's ratings upgrade has interpreted that India's potential is likely to materialise, that's the word coming in from Former Reserve Bank of India (RBI) governor, YV Reddy. Speaking exclusively to Latha Venkatesh, Dr Reddy says the measures to strengthen the Indian economy are in place.
The Reserve Bank of India said on Friday it was withdrawing the OMO sale that was scheduled for Nov. 23 due to "recent market developments and based on a fresh review of the current and evolving liquidity conditions".