Having posted growth of above 7 percent for six consecutive quarters, India's gross domestic product is expected to have expanded just 6.5 percent in the October-December quarter - the weakest in nearly three years.
18 Jan 2017, 11.53 am | Source: Reuters
A senior DDA official, when contacted said, "Certain pockets of areas falling under the scheme lack basic infrastructure around flats like link roads, street lights, and so we will address these issues. The new scheme should be ou...
18 Jan 2017, 11.52 am | Source: PTI
"A potential of 25 MW of wind power has been assessed at village Bidda, district Reasi, Jammu and Kashmir, out of which 6 MW is being harnessed in the first phase as a pilot project," State Minister for Science Technology Sajad Lo...
18 Jan 2017, 10.42 am | Source: PTI
Deposits have surged and credit growth has declined post demonetisation. To spur credit demand, banks have undertaken steep cuts in their MCLR in January 2017.
18 Jan 2017, 10.42 am | Source: PTI
The country's Central Statistics Office amended the way India counted its gross domestic product (GDP) numbers in January 2015, amending the base year to 2011-2012 from 2004-2005.
18 Jan 2017, 9.30 am | Source: CNBC
"Dec'16 betters the Nov'16 record of highest number of passengers in a month and records 23.9percent growth. No demonetisation slowdown," Raju, the Civil Aviation Minister tweeted.
18 Jan 2017, 9.16 am | Source: PTI
RBI Governor Urjit Patel will brief here tomorrow a parliamentary panel about demonetisation and its impact on the economy and the steps taken by the central bank to deal with the cash crunch.
18 Jan 2017, 8.56 am | Source: PTI
In a relief for the foreign investors, the tax department has put on hold its recent directive on taxation on indirect transfers.
18 Jan 2017, 8.51 am | Source: CNBC-TV18
The United Nations World Economic Situation and Prospects (WESP) 2017 report launched today said India's economy is projected to grow by 7.7 percent in fiscal year 2017 and 7.6 percent in 2018, benefiting from strong private consu...
18 Jan 2017, 7.44 am | Source: PTI
Sitharaman, the Commerce and Industry Minister, emphasised that industrial revolution "can give us answers", adding that countries like India cannot stay away from robotics.
18 Jan 2017, 7.44 am | Source: PTI
Budget Caravan visits city of Ludhiana in the heart of Punjab. The city is known for its small scale industries. It is a hub for small scale units whether it is to do with hosiery, auto parts, cycle manufacturing or even sewing ma...
17 Jan 2017, 11.05 pm | Source: CNBC-TV18
Looking to showcase flagship programmes like Make In India, Union Ministers Nitin Gadkari and Nirmala Sitharaman today joined over 100 corporate honchos from India at the WEF meet here even as China positioned itself as the new ch...
17 Jan 2017, 10.02 pm | Source: PTI
Accusing the government of compromising national interest, the Congress said that a "tainted" UK-based note printing company De La Rue has been shortlisted for printing of plastic notes despite it being blacklisted.
17 Jan 2017, 9.50 pm | Source: PTI
In a relief to FPIs who were fearing multiple taxation, the tax department today kept in abeyance its recent circular on indirect transfer of shares by foreign investors.
17 Jan 2017, 9.28 pm | Source: PTI
Speaking to CNBC-TV on the sidelines of the World Economic Forum in Davos, Switzerland, Uday Kotak, Vice Chairman and MD of Kotak Mahindra Bank said that US president-elect Donald Trump’s policy could have implications for count...
17 Jan 2017, 9.26 pm | Source: CNBC-TV18
India is projected to grow by 7.7 per cent in fiscal 2017, remaining the fastest growing large developing economy, as it benefits from strong private consumption and gradual introduction of significant domestic reforms, a Unit...
17 Jan 2017, 9.02 pm | Source: PTI
As artificial intelligence gains currency, leaders at top technology companies including Microsoft and IBM today said there is a need to create "new collar jobs" as innovations would replace some jobs and existing employees would ...
17 Jan 2017, 8.08 pm | Source: PTI
The "end of globalisation" is one of the biggest threats to Asia Pacific's overall economic and political security, while India has a "medium" political risk forecast, says a report.
17 Jan 2017, 7.44 pm | Source: PTI
Steel ministry to take proposal to NITI Aayog for using left-over gases from coke ovens and blast furnaces for generating renewable power
17 Jan 2017, 7.33 pm | Source: Moneycontrol.com
Alternative Investment Funds (AIFs) are also seeking uniformity among regulators, including SEBI, RBI, PFRDA and IRDA, on regulatoy provisions
17 Jan 2017, 6.15 pm | Source: Moneycontrol.com
Just when one thought that the issue of retrospective tax was dealt with the income tax officials issued a ‘clarification’ which is more confusing than the original notification and has once again ignited the retrospective tax...
17 Jan 2017, 5.27 pm | Source: Moneycontrol.com
IRDAI said that the norms for the order of preference to Indian reinsurer and the branch offices of the foreign reinsurers will come into effect immediately.
17 Jan 2017, 5.21 pm | Source: Moneycontrol.com
According to the global financial services major, the WPI readings are likely to head towards 4 percent in the first quarter of this year from 3.4 percent in October-December quarter of 2016.
17 Jan 2017, 5.10 pm | Source: PTI
India is a global diamond polishing hub where 14 out of every 15 rough diamonds in the world are polished.
17 Jan 2017, 4.21 pm | Source: Reuters
By focusing on the adoption and implementation of new technologies that improve infrastructure efficiency, companies could achieve real-time supply chain visibility, it said.By focusing on the adoption and implementation of new te...
17 Jan 2017, 4.02 pm | Source: PTI
Speaking to CNBC-TV18, Ajit Gulabchand, Chairman and Managing Director of Hindustan Construction Company, said that he hoped to see the benefits of demonetisation materialise in the form of lower taxes.
17 Jan 2017, 3.28 pm | Source: CNBC-TV18
"Invalidating existing high-denomination notes addresses the stock of black money but does little to address future flows. Eliminating such flows will require further reforms like lowering stamp duty on property transactions, elec...
17 Jan 2017, 3.28 pm | Source: PTI
A drop in production could lift local prices and prompt the world's second-biggest consumer to allow duty-free imports of the sweetener, supporting global prices that are trading near their highest level in 1-1/2 months.
17 Jan 2017, 2.53 pm | Source: Reuters
According to sources, there is a proposal to allow 100 percent Foreign Direct Investment in single brand retail sector "through automatic route" with certain conditions.
17 Jan 2017, 2.24 pm | Source: PTI
The government had come out with a 4-month long Income Disclosure Scheme, which closed on September 30, 2016, to give an option to domestic black money holders to declare their unaccounted wealth and come clean by paying 45 percen...
17 Jan 2017, 2.10 pm | Source: PTI