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  • Exports to improve in the coming months: DGFT Nov 04, 2020 07:00 PM IST

    Exports to improve in the coming months: DGFT

    Yadav said that presently, the availability of containers for exports is the biggest challenge the EXIM fraternity is facing.

  • Without second wave, India may reach pre-COVID growth levels by end-2020: Govt Nov 04, 2020 06:02 PM IST

    Without second wave, India may reach pre-COVID growth levels by end-2020: Govt

    Services PMI also rose to 54.1 in October, ending a seven-month sequence of contraction and signalling improved market conditions. With the onset of the festival season, overall consumption is expected to see a further uptick in the coming months, according to the government's monthly economic review.

  • Exclusive | Finance Ministry receives recommendation to reduce GST compensation cess on coal from Rs 400 to Rs 50 per tonne Nov 04, 2020 02:34 PM IST

    Exclusive | Finance Ministry receives recommendation to reduce GST compensation cess on coal from Rs 400 to Rs 50 per tonne

    A white paper prepared by Council on Energy, Environment and Water along with Environmental Defense Fund and Shakti Sustainable Energy Foundation had highlighted that carbon taxation should be a key policy instrument for India's carbon mitigation strategy and meeting climate goals.

  • Aon Salary Increase Survey: Increment of 7.3% projected for 2021 Nov 04, 2020 01:36 PM IST

    Aon Salary Increase Survey: Increment of 7.3% projected for 2021

    The study said that, as of September-October 2020, 87 percent of surveyed companies report they intend to pay out salary increases in 2021.

  • Explained: Here’s why the TV or AC you wanted to buy may be out of stock this Diwali Nov 04, 2020 12:51 PM IST

    Explained: Here’s why the TV or AC you wanted to buy may be out of stock this Diwali

    Import curbs on certain items, coronavirus-induced restrictions on flights and closer scrutiny on shipments from China have led to delays in arrival of components and finished goods

  • India, US ties to get stronger, PE flow to continue irrespective of who the next president is Nov 04, 2020 12:35 PM IST

    India, US ties to get stronger, PE flow to continue irrespective of who the next president is

    India stands to benefit significantly from this ongoing reorganization of global geopolitics.

  • Indian services sector registers growth in October for first time since February: PMI Nov 04, 2020 11:39 AM IST

    Indian services sector registers growth in October for first time since February: PMI

    At 54.1 in October, up from 49.8 in September, the seasonally adjusted India Services Business Activity Index posted above the 50.0 no-change mark for the first time since February.

  • RBI exploring investment options for reserves, sources say Nov 03, 2020 06:59 PM IST

    RBI exploring investment options for reserves, sources say

    The official added that the RBI was studying the possibility of investing in AAA-rated corporate dollar bonds, which offer better returns than sovereign credit.

  • India's exports dip 5.4% in October, trade deficit narrows to $8.78 billion Nov 03, 2020 06:20 PM IST

    India's exports dip 5.4% in October, trade deficit narrows to $8.78 billion

    During April-October 2020, exports declined 19.05 percent to $150.07 billion, while imports fell 36.28 percent over the same period last year to $182.29 billion.

  • The US economy under Trump: By the numbers Nov 03, 2020 04:44 PM IST

    The US economy under Trump: By the numbers

    Trump inherited an economy with already-low unemployment of 4.7 percent when he took office in January 2017, less than half the peak hit in the aftermath of the 2008 Global Financial Crisis.

  • Harsh Goenka says 'India is back', highlights strength in rural demand, resumption in hiring Nov 03, 2020 03:51 PM IST

    Harsh Goenka says 'India is back', highlights strength in rural demand, resumption in hiring

    Harsh Goenka said rural demand has never been better and the company is back to hiring more people.

  • How to lock, unlock Aadhaar Card online; check details here Nov 03, 2020 03:35 PM IST

    How to lock, unlock Aadhaar Card online; check details here

    In recent times, the security of Aadhaar has come under scrutiny which somehow prompted UIDAI to provide the facility to lock/unlock Aadhaar biometric data online.

  • GST borrowing quantum has to be reasonable, will continue to request states to join; Finance  Secretary Nov 03, 2020 02:07 PM IST

    GST borrowing quantum has to be reasonable, will continue to request states to join; Finance Secretary

    He said while extending the loan, the Centre would take authorisation from states that repayment would be made only from the GST compensation cess which is being collected and repayment schedule will be set in such a manner that the collections in cess pool post June 2022 would be enough to repay the interest arising out of borrowing.

  • FM Nirmala Sitharaman says economic data pointing to rebound Nov 03, 2020 11:11 AM IST

    FM Nirmala Sitharaman says economic data pointing to rebound

    Finance Minister Nirmala Sitharaman said that the next Budget will focus on infrastructure and reforms.

  • Four ex-RBI governors including Raghuram Rajan, YV Reddy warn of NPAs delaying recovery Nov 02, 2020 08:12 PM IST

    Four ex-RBI governors including Raghuram Rajan, YV Reddy warn of NPAs delaying recovery

    All of them also agree that consolidation is no panacea for the banking sector's ills, and that governance is the elephant in the room and the government must pare down its stake in state-run banks.

  • Onion costliest at Rs 100/kg in Bengaluru; lowest at Rs 35/kg in Udaipur and Rampurhat Nov 02, 2020 06:54 PM IST

    Onion costliest at Rs 100/kg in Bengaluru; lowest at Rs 35/kg in Udaipur and Rampurhat

    Despite Maharashtra being the top onion producing state in the country, retail price of the commodity in Mumbai was a hefty Rs 77/kg.

  • Govt extends Emergency Credit Line Guarantee Scheme for MSME by 1 month Nov 02, 2020 06:11 PM IST

    Govt extends Emergency Credit Line Guarantee Scheme for MSME by 1 month

    The scheme has been extended till November 30 or till such time that an amount of Rs 3 lakh crore is sanctioned under the scheme, whichever is earlier, the Finance Ministry said in a statement said.

  • Maternity Benefits Act yet to deliver job opportunity advantages for women, shows TeamLease study Nov 02, 2020 05:14 PM IST

    Maternity Benefits Act yet to deliver job opportunity advantages for women, shows TeamLease study

    Women's participation in the workforce is yet to reap the benefits of the increased maternity leaves in India, said the research by TeamLease.

  • Festival spend, resumption of economic activities give fillip to October GST collections Nov 02, 2020 03:01 PM IST

    Festival spend, resumption of economic activities give fillip to October GST collections

    Goods and Services Tax collections rise 10.2 percent year-on-year to Rs 1.05 lakh crore in October, cross Rs 1 lakh crore-mark for the first time in FY21

  • Your non-life-cover premium to get costlier as insurers face Covid-19 losses, reinsurance charges Nov 02, 2020 01:49 PM IST

    Your non-life-cover premium to get costlier as insurers face Covid-19 losses, reinsurance charges

    Premiums across the fire, health and motor segments are likely to be hiked by 10-30 percent in 2021. This is due to the hike in insurers’ claims expenses, especially due to Covid-19

  • India’s Manufacturing PMI jumps to a decade high in October, output rises at quickest pace since October 2007 Nov 02, 2020 12:03 PM IST

    India’s Manufacturing PMI jumps to a decade high in October, output rises at quickest pace since October 2007

    The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.8 in September to 58.9 in October and pointed to the strongest improvement in the health of the sector in over a decade.

  • Amazon introduces ‘Dhanteras Store’ with gold gift vouchers starting Rs 500 Nov 02, 2020 10:06 AM IST

    Amazon introduces ‘Dhanteras Store’ with gold gift vouchers starting Rs 500

    Amazon's gold gift vouchers are redeemable across stores of major jewellery brands and will remain valid for 6-12 months.

  • Banking Central | Why banks love retail borrowers in hard times Nov 02, 2020 09:43 AM IST

    Banking Central | Why banks love retail borrowers in hard times

    The social stigma that accompanies a loan default is not desirable for an average household; for the big corporate, a loan default is no big deal. It's part of the game.

  • SC on Loan Moratorium: SC to resume hearing petitions seeking interest waiver Nov 02, 2020 09:38 AM IST

    SC on Loan Moratorium: SC to resume hearing petitions seeking interest waiver

    SC on Loan Moratorium LIVE updates: A bench headed led by Justice Ashok Bhushan will today resume hearing please seeking complete waiver of interest during the moratorium period.

  • India's strategy of dealing with COVID-19 paid off, economy set to bounce back: FICCI Nov 02, 2020 08:14 AM IST

    India's strategy of dealing with COVID-19 paid off, economy set to bounce back: FICCI

    "The dilemma for governments across the world was creating a balance between protecting lives and livelihoods. India took the path of a strict lockdown to ramp up health infrastructure and focused on human lives. This strategy has paid off," Reddy said.

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