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Budget 2017

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Economy

  • Budget Caravan: Ludhiana`s Budget wish list

    Budget Caravan: Ludhiana's Budget wish list   

    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

  • India to showcase growth story at WEF annual meet

    India to showcase growth story at WEF annual meet  

    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

  • No collaboration with tainted UK-based note printing co: FinMin

    No collaboration with tainted UK-based note printing co: FinMin  

    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

  • Tax dept keeps in abeyance circular on indirect transfer

    Tax dept keeps in abeyance circular on indirect transfer  

    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

  • India’s macros are looking good, says Uday Kotak

    India’s macros are looking good, says Uday Kotak   

    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`s economy projected to grow by 7.7% in FY 2017: UN report

    India's economy projected to grow by 7.7% in FY 2017: UN report  

    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

  • RBI Guv to brief parliamentary panel on demonetisation tomorrow

    RBI Guv to brief parliamentary panel on demonetisation tomorrow  

    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.

    17 Jan 2017, 8.56 pm  |  Source: PTI

  • AI may replace some jobs, employees need retraining:IT leaders

    AI may replace some jobs, employees need retraining:IT leaders  

    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

  • `End of globalisation` top threat to APAC security: Report

    'End of globalisation' top threat to APAC security: Report  

    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

  • Govt eyes steel units’ residual gases to produce clean energy

    Govt eyes steel units’ residual gases to produce clean energy   

    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

  • Budget 2017: VC, PEs seek clarity on capital gains tax on unlisted stocks

    Budget 2017: VC, PEs seek clarity on capital gains tax on unlisted stocks  

    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

  • FM needs to come clean on the new ‘retrospective tax’

    FM needs to come clean on the new ‘retrospective tax’  

    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 norms bring global reinsurers on par with Indian players

    IRDAI norms bring global reinsurers on par with Indian players  

    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

  • RBI may consider a rate cut in first half of this year: DBS

    RBI may consider a rate cut in first half of this year: DBS  

    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`s rough diamond imports drop 4.7%YoY in Dec: Trade body

    India's rough diamond imports drop 4.7%YoY in Dec: Trade body  

    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

  • `Making New Silk Road `Smart` can boost region`s GDP by 4-7%`

    'Making New Silk Road 'Smart' can boost region's GDP by 4-7%'  

    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

  • Budget 2017: Would like to see deep cuts in tax rates, says Ajit Gulabchand

    Budget 2017: Would like to see deep cuts in tax rates, says Ajit Gulabchand   

    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

  • Note ban can do little to stop future blackmoney flow: Assocham

    Note ban can do little to stop future blackmoney flow: Assocham  

    "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

  • Maharashtra`s sugar output drops as mills close early

    Maharashtra's sugar output drops as mills close early  

    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

  • Govt mulls easing FDI norm for single brand retail

    Govt mulls easing FDI norm for single brand retail  

    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

  • IDS disclosures valid if taxes realised by December 5: CBDT

    IDS disclosures valid if taxes realised by December 5: CBDT  

    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

  • GST to have minimal impact on inflation, GDP growth: Nomura

    GST to have minimal impact on inflation, GDP growth: Nomura  

    According to the Japanese financial services major, while the resulting inflation impact will be minimal, the impact on growth would be marginally negative in the run up to its implementation.

    17 Jan 2017, 2.00 pm  |  Source: PTI

  • Budget 2017: Jaitley may give more tax breaks for first-time buyers of shares

    Budget 2017: Jaitley may give more tax breaks for first-time buyers of shares  

    The government may announce a new scheme or overhaul the structure of Rajiv Gandhi Equity Savings Scheme (RGESS), which has found few takers

    17 Jan 2017, 1.41 pm  |  Source: Moneycontrol.com

  • MP approves 6 projects worth Rs 3,285 cr of investment

    MP approves 6 projects worth Rs 3,285 cr of investment  

    "The committee approved the six projects which would bring capital investment worth Rs 3,285 crore in the state," a Public Relations department officer said today.

    17 Jan 2017, 12.16 pm  |  Source: PTI

  • Budget 2017: FM may hike service tax from 15% to close gap with 18% GST rate

    Budget 2017: FM may hike service tax from 15% to close gap with 18% GST rate  

    A higher service tax will prevent a greater price shock after GST kicks-in from July 1, 2017; it will also help the Centre partially offset the revenue loss from foregoing exclusive rights over service tax that accounts for 14% of...

    17 Jan 2017, 12.12 pm  |  Source: Moneycontrol.com

  • India among top six promising markets, but slips one notch

    India among top six promising markets, but slips one notch  

    According to the annual global CEO survey of consultancy giant PwC, released here at the WEF annual meeting, the top two markets from the growth point of view are the US, as voted by 43 percent of respondents, followed by China (3...

    17 Jan 2017, 12.08 pm  |  Source: PTI

  • Demonetisation a success, should benefit organised sector: Enam

    Demonetisation a success, should benefit organised sector: Enam   

    Chairman of Enam Securities Vallabh Bhansali believes demonetisation is a success despite ‘flip-flop on rules that government has to calibrate on daily basis.’

    17 Jan 2017, 11.22 am  |  Source: CNBC-TV18

  • India imports 2.7 mn tonnes wheat so far this fiscal

    India imports 2.7 mn tonnes wheat so far this fiscal  

    However, traders have not signed any import deals for wheat delivery beyond March as they are sceptical that the government may reimpose customs duty on the grain when the harvesting of the new crop starts from April 2017.

    17 Jan 2017, 9.58 am  |  Source: PTI

  • Current account deficit likely to be 1.3% of GDP in 2017: Report

    Current account deficit likely to be 1.3% of GDP in 2017: Report  

    According to Japanese financial services major Nomura, as the cash crunch eases from April-June quarter of this year the country's import growth is expected to rebound faster than the export growth.

    17 Jan 2017, 9.58 am  |  Source: PTI

  • Railway ministry, Karnataka sign MoU for suburban railway system

    Railway ministry, Karnataka sign MoU for suburban railway system  

    The MoU for the development of suburban railway system in Bengaluru was released by Railway Minister Suresh Prabhu and Chief Minister Siddaramaiah at a function here.

    17 Jan 2017, 9.54 am  |  Source: PTI

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