Confederation of All India Traders (CAIT) wrote to the Prime Minister after Walmart CEO Doug McMillon raised issues concerning data privacy and regulatory stability for the e-commerce sector and urged Modi to reduce the number of licences and permits for the opening of new stores.
September oil imports, which dropped below 4 million bpd for the first time since June 2016, were about 18.7% lower than in August and down 8.4% from a year ago, the data showed.
IT majors such as TCS, Wipro and Infosys are looking at ways to ensure employees stay motivated and are given the opportunity to grow professionaly.
The stress test examines the potential impact on banks of liquidity pressures in the NBFC sector developing into widespread failures.
India was Malaysia's third-largest export destination in 2018 for palm oil and palm-based products worth 6.84 billion ringgit ($1.63 billion).
Finance Minister Nirmala Sitharaman had in August said the government would consider amending the MSME Act to move towards a single definition.
All officials under Groups 'A' and 'B' categories shall not accept any gift without the sanction of the government if the value exceeds Rs 5,000, they said, citing recently amended rules.
Sunit Bagai, president of the Rajasthan Petrol Diesel Association (RPDA) said fuel pumps located in the border areas are on the verge of shutdown due to increased VAT rate.
A bench of justices Deepak Gupta and Aniruddha Bose, while allowing the transfer petition of Facebook, asked the registry to place all connected matters before the chief justice of India for listing before an appropriate bench in last week of January 2020.
Home Minister Amit Shah has approved the proposal of payment of all 7th CPC allowances to the government employees of Union Territory of Jammu and Kashmir and Union Territory of Ladakh, which shall come into existence from October 31.
The biggest challenge traditional financial institutions face comes from fin-tech startups and Silicon Valley giants
On Monday, the Solvent Extractors' Association of India (SEAI) asked its members to stop buying palm oil from Malaysia, an unprecedented call aimed at helping New Delhi punish the world's second-largest palm oil producer for criticizing India over its policy toward Kashmir.
This amount is only till March 2019 and the dues have since risen in the following months as the government faces continued financial pressure
Striking a note of caution, he said Prime Minister Narendra Modi has more faith in corporates than him.
The two countries have been locked in trade disputes for months, slapping higher tariffs on each other's products and the US withdrawing a key concession to India.
The move by the two employee unions is largely a protest against the recent mergers of 10 public sector banks (PSBs)and the dipping rates on deposits, they said a joint statement.
Government has fixed the issue price at Rs 3,835 per gram with settlement date as October 30, according to a finance ministry statement.
IRDAI has recently issued guidelines barring insurers from denying a health insurance for a series of ailments; this will push costs upwards
The IMF’s World Economic Outlook database forecasts that India’s GDP growth will be well short of 8 per cent even by 2024. To beat this rather depressing forecast, it’s time for radical reforms
Sitharaman said India wants to create an ecosystem to invite the companies to tap the country's market.
Besides, Sitharaman led the Indian delegation to the G20 Finance Ministers and Central Bank Governors meeting in which the deliberations centred on international taxation and 'Stablecoins', which are cryptocurrencies pegged to a stable asset.
Five persons including HDIL promoters have been arrested in the case.
Anne-Marie Gulde-Wolf, Deputy Director, Asia and Pacific Department, IMF, said India should address the non-bank financial sector issues.
The bank clarified that the passbooks have been stamped in order to ensure full compliance with the latest RBI guidelines in this direction.
The forex reserves had increased by a higher $4.24 billion to a new high of $437.83 billion in the previous reporting week.