Watch Prime Minister Narendra Modi talk about the mantra to transform India at Rising India Summit 2018.
In January, the GST collection slipped marginally to Rs 86,318 crore from Rs 86,703 crore in December.
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.
Deputy Chief Minister O Panneerselvam presented a Rs 17,490.58 crore revenue deficit budget for 2018-19 yesterday.
The October-December current account deficit widened to 2.0 percent of gross domestic product.
FDI in agriculture was Rs 515.9 crore in the entire 2016-17 fiscal, Rs 553.14 crore in 2015-16 fiscal and Rs 365.31 crore 2014-15 fiscal.
Spot gold was up 0.3 percent at $1,319.67 an ounce at 1239 GMT, but on track to end the week down 0.3 percent.
Nearly 25 percent of the overseas branches of the public sector banks (PSBs) suffered losses in 2016-17, the government informed Parliament today. "As per data reported by PSBs, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in loss in the financial year 2016-17," Minister of State for Finance Shiv Pratap Shukla said in a written reply to the Lok Sabha.
The government decision to auction coal mines for sale of dry-fuel in return will bring higher investment, create jobs and bring efficiency in the sector, Coal Minister Piyush Goyal said.
Citing RBI data, the minister said the gross NPAs of public sector banks on December 31, 2017 were Rs 7.77 lakh crore.
Govt has approved the pan-India implementation of the PMMVY in all districts of the country from January 1, 2017.
Watch India's most influential leaders, industrialists and policymakers brainstorm on making India a new world superpower at Rising India Summit 2018.
Developed indigenously, these Tata-Starbus hybrid electric buses come with full low-floor configuration, offer global design standards, can run on dual power and use lithium ion batteries, the firm said.
Latest data suggests that the Indian economy is showing clear signs of recover and is poised for a higher growth rate in Q4.
The government also informed the Lok Sabha that it had decided to conduct field trials of plastic currency notes of Rs 10 in five cites.
"The amount collected from the sale of electoral bonds under the first issue of the scheme is Rs 222 crore as on March 9, 2018," Minister of State for Finance P Radhakrishnan said in a written reply in Lok Sabha.
A few auto makers such as Suzuki and Suzuki Motor have been encouraging their suppliers to expand their capacity
The world's largest staffer has received 13,000 applications from India alone, wherein a candidate gets to the CEO for one month.
Attorney General KK Venugopal opposed a suggestion mooted by the top court that the government should submit a stays report on investigation in a sealed cover envelope.
Public sector banks (PSBs) are planning to tighten the corporate lending norms for loans above Rs 250 crore and transfer such loans under the consortium of banks for monitoring, discouraging multiple banking arrangements.
"Specific Southeast Asian states are now seeking to diversify their strategic partnerships, beyond a binary choice between Beijing and Washington," the Council on Foreign Relations, a U.S. think tank, said in a note this week.
A notification announcing sale contours of Air India is likely to be issued by early next week, CNBC TV18 has reported citing sources.
The minister underlined key role of the private sector to create new business models and strategies and leverage new technologies in order to fuel growth in the Indian economy.
The state's Finance Minister E Rajender presented the last full budget of the government for 2018-19 today with a total outlay of Rs 1,74,453. 84 crore. Agriculture and irrigation got the lion’s share of allocations.
International Monetary Fund said that globally growth is expected to revert to a weaker trend.