Viral Acharya said efficient monetary transmission is a sine qua non (a necessary condition) for the successful pursuit of its objectives by any central bank.
Around 56 percent of the registered taxpayers filed their GSTR-3B returns for October within due date.
The agency expects services growth to ease to 7.3 percent from 8.7 percent in the first quarter.
The telecom regulator has suggested raising the limit for overall holding across all bands to 35 percent from 25 percent.
There has been a significant transformation that has taken place over the last 25 years. The Indian economy has changed in many ways. But it is not a time for us to get complacent. There is a lot more that needs to be done.
The NBFC-MFIs segment, according to MFIN, is expected to grow further on account improvement in loan disbursements and decrease in risk assets.
The Goods and Services Tax (GST) Council had announced forming the committee on November 10 to suggest ways for simplification of the returns filing process.
The study done by the Credit Suisse reveals corporate India has an aggregate debt of USD 530 billion.
The food processing sector has the potential to attract USD 33 billion investment and generate employment of 9 million person days by 2024, a study by Grant Thorton said
By bringing logistics at par with roads in term of its status, the government has provided the necessary platform for development. It remains to be seen if the private sector bites the bullet and participates in the development of a logistical backbone
GSTN Chairman Ajay Bhushan Pandey-headed panel comprises VAT commissioners of Karnataka, Gujarat, Telangana, and senior officials from the Department of Revenue and the CBEC.
Under the Pradhan Mantri Awas Yojana (Gramin) a target of to construct one crore new houses by March 31, 2019 was set. Of these, 51 lakh houses had to be completed by 31st March, 2018, the Rural Development Ministry said in an official statement.
Shah also took a jibe at Congress vice president Rahul Gandhi, saying his visits to Gujarat had increased as he thought the state was a "tourist spot".
DHL chief executive officer (CEO) Ken Allen said that he sees a strong growth in cargo movements between India and China as the two countries continue to expand bilateral trade.
Ferrying of coal in uncovered vehicles and rail wagons is said to be one of the key reasons behind high pollution levels along the transportation route from coal mine or importing sea port to user plants like power generation houses.
A ban on the use of petroleum coke, a dirtier but better-burning alternative to coal, is spurring expectations India will buy even more coal from the United States in coming months.
India imports about half of its annual consumption of 27 million tonnes of petcoke, Dharmendra Pradhan said in a tweet.
India’s Chief Economic Adviser Arvind Subramanian has been commenting on crucial aspects of the economy, flagging problems and offering solutions
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.
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.
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.