The Cabinet on Wednesday approved a 'Buy in India' policy with an aim to boost domestic manufacturing and services by granting preference to local suppliers.
India retained its numero uno position being the world's top most greenfield FDI investment destination for the second consecutive year, attracting USD 62.3 billion in 2016, says a report.
MakeMyTrip Chairman & Group CEO Deep Kalra has taken over as vice chairman from music app Saavn co-founder and President Vinodh Bhat.
However, according to the Asia list, Taj Mahal was at No. 2 spot after Angkor Wat.
The government may prune the goods and services shipment target of USD 900 billion fixed for 2020 when it unveils a mid-term review of India's foreign trade policy later this year, exporters' body FIEO said today.
The undertone of monetary policy, political stability and Eurozone’s economic recovery might lead to further appreciation of both the British Pound and the euro vis-à-vis the Indian rupee.
"I would like to say one thing that in 2003, when new players entered the market similar upheaval took place but everything was settled in 1-2 years. I don't feel there is any threat to jobs," Sinha said.
India is ranked 16th on the global power risk and reward index, but the overall score is dampened by the country's weak risk profile, Fitch Group's BMI Research said today.
Anil Pant, Managing Director and Chief Executive Officer of Aptech, is seeing no slowdown in the hiring sentiment for skilled individuals across companies.
The recent set of results highlights the ills of the sector. Pharmaceutical companies are having a tough time with the US authorities pulling them up regularly for irregularities at one end, while on the other hand the companies are taking a hit on the revenue front at the international and domestic front.
The Taxsutra CNBC-TV18 GST Camp brings you comprehensive coverage focusing on the important issues that the goods and services tax (GST) implementation will bring about. This is going to be a series that CNBC-TV18 takes across the country as the country prepares itself for the last lap as the countdown to the GST starts from the July 1. Shereen Bhan has with her an eminent panel of guests.
The engines worth about Rs 200 crore are manufactured at the Diesel Locomotive Works (DLW) in Varanasi.
Under the GST rates announced last week, hybrid cars, which are considered eco-friendly, are slated to attract a 15 per cent cess over and above peak rate of 28 per cent, same as those of large luxury cars and SUVs.
According to a CNBC-TV18 report, Telangana officials visited Madhya Pradesh recently to study the calendar year model and were convinced to implement the same in Telangana.
The association has announced a State-wide bandh on May 30 to protest the proposed increase in tax under GST for hotels, which it felt was too high.
According to the global financial services major, notwithstanding the "gradual pace" of recovery on the ground, the government's current measures are steps in the right direction.
According to EEPC, as against engineering exports of just about USD 20 million in April, 2016, the shipments of these goods have gone up significantly to USD 146.42 million in April this fiscal, which is a whopping 640 per cent or more than six times growth.
Expense ratio is the measure of the cost incurred by an investment company to operate its mutual fund.
Dynamic Asset Allocation is not an impossible task, but definitely a domain area of seasoned investment specialists, who are rational, reasonable and grounded.
The government has proposed to levy 18 per cent tax on telecom services under the Goods and Services Tax (GST) regime.
Public Works minister Naeem Akhtar said the government will bring a special bill in the state Assembly and there will be a comprehensive debate on it by lawmakers regarding imposition of the GST.
"Seventy per cent of medical equipment used are imported from foreign nations. This situation has to change because it makes the treatment very costly," he said after launching a book to mark Tata Memorial Centre's 75 years of social service.
Exporters fear that the tax refund policy after GST’s rollout will increase their capital cost, locking up large amounts of funds till actual trade takes place
Currently, the RBI has four Deputy Governors, two of them are internal appointees. The third DG is typically a career public sector banker while the fourth is an economist who will handle the monetary policy.