Falling prices of solar cells and modules, over 90 percent of which India imports from China, have triggered a decline in the cost of solar power generation and led Indians increasingly to adopt the technology.
Some local beverage firms have been adding less than 10 percent fruit juice content to their products, but are still selling product with 12 percent GST instead of 40 percent.
The government wants to prevent any default on interest payments by public sector banks, because it will result in credit rating downgrade
India is currently the fastest growing aviation market in the world, registering a double-digit growth in air passenger traffic for the 44th month in May.
"Even though the demand drivers continue to remain robust, ICRA expects industry growth to moderate in the current fiscal (expected growth of 7-9 percent in the current fiscal), with the domestic volumes already touching a new peak of 7.1 lakhs in the previous fiscal," ICRA said.
In 2017-18, the gross fiscal deficit of states was reported at 3.1 percent of the gross domestic product (GDP) compared to a target of 2.7 percent, according to Reserve Bank of India data.
According to Grant Thornton's Dealtracker report, the year so far has witnessed deals (both merger and acquisition and private equity) worth $74.8 billion through 638 deals as against $39.3 billion by way of 610 transactions in January-June 2017.
Under the GST regime, tax at the rate of 5 percent and 12 percent is levied on economy and business class air tickets, respectively.
The job ad published on the ECB website on Monday formally launches the process to replace France's Daniele Nouy, whose five-year term ends on December 31.
Sugar output in Uttar Pradesh, the country's leading producer, is estimated to increase to around 13-13.5 million tonnes in 2018-19 from 12.05 million tonnes this year.
India imported 487,147 tonnes of palm oil in June, the lowest since February 2014, the Solvent Extractors' Association of India (SEA) said in a statement.
Speaking on the occasion of India becoming the Vice-Chair of the Asia Pacific (APAC) Region of World Customs Organisation (WCO) , Ramesh said the country will encourage greater communication and connectivity within the region and implement single window system for inter-operability among stakeholders.
Despite their significance to the Indian economy, SMEs have been traditionally under-served by conventional financial institutions
Moody's today said it expects delinquencies on LAP portfolios, but added this will not pinch hard as the loans have low loan to value ratios and are 'secured' with properties as collaterals.
The USTR said last week that it proposed the levy in response to Beijing's decision to retaliate for US tariff hikes over complaints China is hurting American companies by stealing or pressuring foreign enterprises to hand over technology.
Lord Vishnu plays a very important role in Indian mythology and religion. Parshuram is believed to be his sixth incarnation. In the story of Parshuram, we learn about how wealth plays a very important role in day to day life.
The comprehensive scheme will provide retirement, health, old age, disability, unemployment and maternity benefits to 50 crore workers in the country
The Authority is yet decide the quantum of additional funds as detailed project reports for all the highway projects to be taken up this year are still underway
LIC will own 51 percent in IDBI Bank after the deal and will be the bank's largest shareholder
WPI witnessed a growth of 4.43 percent in May. The data for the month of April has been revised to 3.62 percent from 3.18 percent earlier
Foxconn had in 2015 announced an investment of $5 billion in Maharashtra to set up a manufacturing unit to make mobile phones and allied components
At the meeting, Chief Minister Shivraj Singh Chouhan discussed to take the soybean produce to China which is facing a shortfall of 11.5 million tonnes following trade tension with the US.
"It is imperative that the government and the private sector works hand in hand to ensure a successful skilled ecosystem," Pradhan said.
The meeting was organised by the Chhattisgarh Chamber of Commerce and Industries and the Chhattisgarh State Industrial Development Corporation.
Gujarat NRE Coke had failed to get any suitor for resolution under the Insolvency and Bankruptcy Code (IBC) as an ongoing concern as no plan was accepted by its secured creditors.