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Economy

  • 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

  • Many GST rates to bring administrative, legal problems: Frmr FM

    Many GST rates to bring administrative, legal problems: Frmr FM   

    In today's edition of Indianomics, former Finance Minister Yashwant Sinha outlined the politics of GST and said that too many GST rates will lead to administrative and legal problems and added that GST should be kept as simple as...

    24 Sep 2016, 5.00 pm  |  Source: CNBC-TV18

  • Haryana hails Rs 20 lakh threshold limit for GST

    Haryana hails Rs 20 lakh threshold limit for GST  

    Finance Minister Capt Abhimanyu said in a statement that Prime Minister Narendra Modi, was in favour of implementing GST in the entire country from April 1, 2017 onwards and the state was also fully prepared in this regard.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • Nirmala announces incentives for marine sector under MEIS

    Nirmala announces incentives for marine sector under MEIS  

    Commerce Minister Nirmala Sitharaman today announced a raft of measures, including setting up of agencies for aquaculture and fisheries in all coastal states and export incentives for marine products, under the Merchandise Exports...

    24 Sep 2016, 10.04 am  |  Source: PTI

  • Poland seeks partnership with India in agri, food processing

    Poland seeks partnership with India in agri, food processing  

    Poland today sought partnership with India in agriculture and food processing sectors and offered its expertise in these areas.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • Railways to spend entire outlay of Rs 1.21 lk cr this yr:Sinha

    Railways to spend entire outlay of Rs 1.21 lk cr this yr:Sinha  

    He said average investment in Railways during the last five years had been to the tune of about Rs 46,000 crore, which was increased to Rs 1 lakh crore last year, out of which Rs 94,000 crore was spent.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • No extension in deadline for black money disclosure scheme

    No extension in deadline for black money disclosure scheme  

    In a series of tweets, Revenue Secretary Hasmukh Adhia said that expectations are raised that looking to the enthusiasm of people for making IDS declaration, the date for income disclosure scheme (IDS) would be extended.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • `Consensus at GST Council signals April 2017 cut-off feasible`

    'Consensus at GST Council signals April 2017 cut-off feasible'  

    A decision on contentious issues like exemption and threshold taken with consensus without voting in the first meeting of GST Council signals that the April 2017 rollout deadline is achievable, experts said.

    23 Sep 2016, 7.22 pm  |  Source: PTI

  • States happy with outcome of GST Council`s first meeting

    States happy with outcome of GST Council's first meeting  

    At the first meeting of the GST Council, states proposed certain formulae based on their revenues for calculating compensation while the Centre proposed compensating states if the revenue growth rate falls below 12 percent.

    23 Sep 2016, 7.20 pm  |  Source: PTI

  • Pay hikes may not aid urban demand revival in H2FY17: UBS survey

    Pay hikes may not aid urban demand revival in H2FY17: UBS survey  

    Central Pay Commission (CPC) may not aid an urban demand recovery in second half of FY17 as widely anticipated says a UBS Evidence Lab's report put together by Head of India Research Gautam Chhaochharia and Analyst Sanjena Dadawal...

    23 Sep 2016, 6.51 pm  |  Source: Moneycontrol.com

  • Budget merger will be very helpful: MoS Railways

    Budget merger will be very helpful: MoS Railways  

    "Rather, it will be very helpful," he told reporters here, when asked if there would be "any difficulty" for the Railways with the central government's decision to merge the two Budgets.

    23 Sep 2016, 4.36 pm  |  Source: PTI

  • GST Council has compromised for less on threshold limit, says EY

    GST Council has compromised for less on threshold limit, says EY   

    The fact that the Centre will only govern GST on services is a good move as it will take time to train the states, till then it makes sense for the Centre to administer GST on services, says Harishanker Subramaniam of EY.

    23 Sep 2016, 3.00 pm  |  Source: CNBC-TV18

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