The Indian economy is estimated to have suffered a loss of USD 3 billion due to Internet shutdown in the country from 2012-17, according to a study by ICRIER.
"While India's global trade grew by 16.32 percent between 2016-17 and 2017-18, India's total trade with LAC (Latin American countries) grew by 19.63 percent," the department said in a series of tweets.
The twitter handle of GST Systems Project is designed and developed by GSTN -- the information-technology backbone of the Goods and Services Tax.
Delving into history, Kumar claimed that the British rulers had meted out a harsh treatment to the state following its active participation in the Revolt of 1857, which led to its relative backwardness.
The results will be closely watched given the persistent pressure on asset quality
Enforcement Directorate's action confiscating assets worth over Rs 15,000 crore is being seen as part of its first action against absconders such as Vijay Mallya and Nirav Modi.
The foodgrain output in the 2017-18 crop year (July-June) is estimated at an all-time high 277.49 million tonnes, as per the second advance estimates released by the ministry in February. The record production in last couple of years has led to fall in prices of agri-commodities and level of distress in farm sector.
The Ministry of Health is planning to bring amendments to the Drugs and Cosmetic Rules, 1945, to bring the regulations for e-pharmacies, and the draft rules have been shared with states and comments of state drug regulators sought, a ministry official said.
Jaitley, however, did not go to his office after the 90-minute meeting of the Cabinet at the residence of Prime Minister Narendra Modi.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
The listed funds -- passive exchange-traded funds (ETFs) and active non-ETFs -- account for a large part of foreign portfolio investor (FPI) activity in India.
In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.
The global brokerage had said earlier that it expected RBI to maintain an extended pause and start the rate hike cycle only from the beginning of next year. Following the surge in global crude oil prices in recent weeks, the RBI may now prefer to opt for a rate hike sooner than later, the report said.
A decision on return simplification could be on the cards with the Sushil Modi-led Group of Ministers putting before the Council the three models of new return form for discussion, an official said. With Jaitley been advised by doctors to stay in isolation to avoid contracting infection, the meeting has been planned through video conferencing.
As against the demand of Rs 25,000 crore for financial year 2017-18 for Swachh Bharat Abhiyan (Grameen), an allocation of only Rs 13,948.27 crore has been made
Indian economy is expected to witness a cyclical recovery driven by investments as well as consumption, and the average GDP growth is expected to rise to 7.8 percent in the first half of this year, says a report. According to the Japanese financial services major Nomura, investment and consumption demand are the main drivers for India's growth, amid worsening net exports.
"The government's Aspirational Districts Programme (ADP) aims to correct this by focusing on education, health and nutrition on a real-time basis. We are capturing incremental progress of 115 districts on 49 indicators," Kant said in a statement.
In the 2018-19 budget, the government had after a gap of 14 years reintroduced 10 percent tax on long-term capital gains exceeding Rs 1 lakh from sale of shares.
The issue was discussed at a meeting of the Island Development Agency (IDA), chaired by Home Minister Rajnath Singh. The progress made towards preparation of development plans for identified islands was also reviewed.
It said that before getting into a trade deal, India should review and assess its existing FTAs in terms of benefits to various stakeholders like industry and consumers, trade complementarities and changing trade patterns in the past decade.
The annualised premium equivalent of the life insurer rose by 17.6 percent in FY18 to Rs 7792 crore
"It's very disgusting that we are regularly making complaints against malpractices of e-commerce companies but government chose to avoid traders," CAIT Secretary General Praveen Khandelwal said.
The auction was conducted on NSE's e-bid platform from 1530 hrs to 1730 hrs after the close of market hours.
The policy is set to be announced soon, he said while addressing a function organised to celebrate Panchayati Raj Diwas under Gram Swaraj Abhiyan at Gurgaon in Haryana today.
Till now, it has received 47.56 lakh applications for 26,502 vacancies of assistant loco-pilots and technicians, and another 1.90 crore for 62,907 vacancies of Level-1 (erstwhile Group 'D') posts. This takes the total number of applications received for 89,409 posts to a whopping 2.37 crore.