This blog will keep track of breaking news and important developments through the day.
The move may result in the resolution of lesser economic offences being dealt with in-house, which will in turn bring down the number of routine cases pending with the NCLT
The government may have to prepare a plan to deal with issues concerning Air India’s large workforce ahead of a potential disinvestment.
Airlines will be able to offset the adverse impact of rising fuel prices and a fall in the value of the rupee by raising working capital from foreign lenders
NITI Aayog member Ratan Watal had in February submitted a report titled ‘Transforming India’s gold market’ comprising 84 recommendations to the government
Growth is forecast to rise to 7.3 percent in fiscal year 2018/19 and 7.5 percent in 2019/20 on strengthening investment and robust private consumption, the report said.
In the second episode of Coffee Can Investing, Samit Vartak, founder and chief investment officer of SageOne Investment Advisors tells Saurabh Mukherjea about his life’s journey so far and the filters he applies when selecting a stock to invest in.
FinMin had budgeted for a surplus of Rs 45,000 crore for the current financial year. Therefore, a higher-than-estimated of Rs 5,000 crore would lead to a windfall for the Centre.
The growth in LOCs in any period depends on a variety of factors, including the progress of projects overseas being funded under LOCs, and diplomatic priorities of the Government of India and the partner country, he said further.
There is a loose correlation between sales growth and fresh hiring. Top line growth invariably translates into a corresponding expansion in the employee base
The TRAI Act mandates that the regulator has to ensure fair competition, consumer protection and growth of the industry, said Sharma who is set to complete his term as TRAI chief on Thursday.
Indicting NHAI for undue favour to a developer on a stretch, CAG in its latest report said it cost NHAI a loss of nearly Rs 100 crore.
Registered taxpayers under the erstwhile indirect tax regime were allotted a 15-digit provisional ID before the introduction of the Goods and Services Tax (GST) on July 1, 2017.
Vijay Goel was replying to a question on whether India's average per capita income during the last four years has been much higher than the average per capita income of previous four years.
There is a concessional duty of 8 percent for the spice under the SAFTA (South Asia Free Trade Agreement), while import of 2,500 tonnes of pepper is allowed at zero duty under the ISLFTA (Sri Lanka Free Trade Agreement).
General elections will be held in April and May 2019 in India. The merger will be initiated only by the end of Q2FY20.
The 60 discoveries clubbed into 26 contract areas spread over 3,100 sq km and eight sedimentary basins will be put on offer.
The government does not want to make it a blanket ban, particularly in cases where trips are necessitated for business purposes
The mills paid around Rs 20,682 crore as sugarcane purchase price to farmers till July this year, but there are still arrears worth Rs 593 crore, the official in the state sugar commissioner's office said.
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said.
It said inflationary pressures were also exerted by a pick up in domestic demand and recent hike in procurement prices of major crops by the government, as it seeks to win support from farmers ahead of national elections next year.
In its annual country report, the International Monetary Fund also said that a dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality.
Responding to the five-hour debate, Finance Minister Piyush Goyal said "this government follows the kind of budget making where there is least deviation between the planned and actual estimates".
According to an analysis of 173 companies by Icra, consumer-oriented sectors like auto, FMCG, consumer durables and airlines as well as commodity-linked sectors like cement, iron & steel and oil & gas, saw stronger sales growth in the June quarter.
The total asset base of all the fund houses put together was Rs 19.97 lakh crore in July last year.