The fiscal deficit target of 3.4 percent of GDP is likely to slip, DK Joshi, the chief economist at the rating agency crisil said on November 15.
A jump in online distribution, coupled with high margins, is getting smartphone makers interested in gaining a share of the smart TV pie.
He was speaking at the inaugural session of the second edition of 'Innovation Conclave' organised here by Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) in collaboration with Deutsche Gesellschaft fr Internationale Zusammenarbeit (GIZ) GmbH and the MSME Ministry.
These legislations assume significance in the wake of scam in the Punjab and Maharashtra Cooperative Bank affecting lakhs of customers who are facing difficulties in withdrawing their entire money due to restrictions imposed by the Reserve Bank of India.
The minister of state for railways said "some people" are trying to malign the image of Prime Minister Narendra Modi. Noting that the economy slows down every three years but it will pick up soon.
Oil imports fell 31.74% to $9.63 billion in October from $14.11 billion in the year-ago period.
The move is aimed at promoting design, engineering and manufacturing of lighter, smarter, value added, safe and faster premium bicycles which are comparable with global standards for exports and domestic market, the statement.
India's economic growth hit a six-year low of 5 percent in the first quarter of the current fiscal. It is estimated that the growth may further slip to below 5 percent in the second quarter and overall the economy is likely to register a less than 5 percent expansion for the full fiscal.
The news rules will apply to financial service providers under section 227, the government told CNBC-TV18
The much-needed progress is believed to have been made during the meeting between the Union Commerce and Industry Minister Piyush Goyal and US Trade Representatives Robert Lighthizer in Washington DC on Wednesday.
While shipments of edible oil increased to 149.13 lakh tonnes in the 2018-19 marketing year (November-October) from 145.16 lakh tonnes in the previous year, the imports of non-edible oil grew to 6,36,159 tonnes from 5,09,748 tonnes during the period under review, Solvent Extractors' Association said in a statement.
"We couldn't harvest soybeans last month due to continuous rainfall," said Shantabai Chikhale, 65, while harvesting with her son on a one acre plot in Maharashtra, India's second largest soybean production state.
The higher palm oil purchases, hitting 9.4 million tonnes, lifted India's total vegetable oil imports by 3.5% for the 12 months to 15.5 million tonnes, the Solvent Extractors' Association (SEA) said in a statement.
In 2019, LIC is looking to invest a total amount of Rs 3.49 lakh crore into debt and equities
The rosy mood came after the OPEC on November 14 said it expected demand for its oil to fall in 2020
This was the sixth time Modi participated in the BRICS summit, his first being at Fortaleza, also in Brazil in 2014
White House economic adviser Larry Kudlow said negotiators for the world's two largest economies were in close touch via telephone but he gave no further details on the timing of a possible deal
The income tax department has also launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer.
Metals, including steel, continue to play a vital role in building India a modern economy, the minister said, adding that there is a strong positive correlation between steel usage and a nation's economic growth.
Corporates are now having specialised training sessions to sensitise employees on whistleblowers,LGBT and labour reforms
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A report prepared by the Aurangabad divisional commissioner's office said that unseasonal rains affected 44,33,549 farmers, ruining crops over 41,49,175 hectares of land in eight districts.
The road transport and highways and MSME minister said the government can think of giving incentives to such clusters, which will have all the facilities like labs and design centres, for the leather industry.
In another relief, it has also decided to simplify the two GST forms by making various fields of these forms as optional, the Central Board of Indirect Taxes and Customs (CBIC) said in a statement.
Khare emphasised that the media and entertainment industry has been predominantly private across television, films and OTT offerings.