Watch the interview of Soumya Kanti Ghosh of SBI, DK Joshi of CRISIL, Tushar Arora of HDFC Bank and Upasna Bhardwaj of Kotak Mahindra Bank with Latha Venkatesh and Ekta Batra on CNBC-TV18, in which they discussed CPI and IIP numbers for month of February.
Assam Finance Minister Himanta Biswa Sarma today presented the state's first e-Budget with a deficit of Rs 2,149.04 crore in the Assembly, and no proposal of fresh taxes.
More than 100 startups in the country have received funding under the government's Fund of Funds (FFS) corpus with catalysed investment of Rs 517.92 crore, Parliament was informed today.
Here are key global and local developments that impacted business and markets through the day. Important local and global political developments also find resonance here.
Flexiloans is a fintech startup that helps small and medium enterprises raise working capital loans at a time when banks conventionally shy away from placing their bets on SMEs.
Even as the economy has largely recovered from the shocks of demonetisation and GST implementation, micro enterprises with borrowings of under Rs 10 lakh are yet to fully recover, a report said today.
Consumer food price inflation, a metric to gauge changes in monthly kitchen costs, fell to 3.38 percent in February as compared with a 4.58 percent growth in January.
"In some places trade has been to blame for the pains of globalisation or they used it as a scapegoat or they think we can live behind walls and borders," European Trade Commissioner Cecilia Malmstroem said at a conference in Brussels.
Less than nine months into the GST regime, revenue authorities have detected rampant tax evasion through black market and under-valuing of imports. Big data analytics by the authorities has revealed that although importers are paying GST, they are supplying the goods without bill, sources said.
In light of the increased number of scams surfacing over the last couple of decades, there have been multiple calls for the redefinition of ICAI’s role as a regulator and the setting up of a new regulator.
India is set to outpace China in enterprise application software spending growth with a 19.8 percent rise this year, compared with 18.9 percent in China, says a report.
Total exports from India during April to January 2017-18 also increased to 200.67 mkgs from 188.10 mkgs in the correspond period previous fiscal, according to Tea Board data.
The move comes after it was observed that several proposals involving time and cost overrun or extension in time frame of implementation of projects or schemes are being referred to the Cabinet or Cabinet Committees for consideration.
After Andhra Pradesh, Assam has become the second state to have an e-budget, but unlike the other state, Assam budget is available in Google Play Store so that anybody can access it, Sarma said.
Among others, the policy envisages to make a provision for a minimum salary of Rs 9,000 per month, compulsory paid leave of 15 days in an year and maternity leave benefits to full-time domestic helps.
This blog will keep you posted on various developments in the Maharashtra farmers' protest.
The Fugitive Economic Offenders Bill 2018 aims to impound and sell assets of fugitives such as Nirav Modi, who is alleged to be behind the nearly Rs 12,700 crore fraud at Punjab National Bank.
The mammoth farmers march to Mumbai is a "stunning example of people's power", Gandhi said on Twitter.
In a meeting last week, the minister took review of the coal stock at various power plants and coal loading by Indian railways.
India’s Northeast has been reeling under farmer crisis caused by land erosion, floods and the general terrain of the land.
In an interview with Moneycontrol, Rajat Verma, MD and Head of commercial banking India, HSBC, said the share of PSBs in large corporate lending will reduce over next 5 years.
Fadnavis was responding to a discussion in the Assembly, initiated by Leader of Opposition Radhakrishna Vikhe Patil, who lauded the farmers participating in the 'Kisan Long March' for their peaceful protest while demanding a complete loan waiver and compensation for hailstorm and pink bollworm pest attack on crops.
These notices have been issued under the Prevention of Money Laundering Act have been sent based on information received by FIU.
Under the ISA framework as many as 32 countries have ratified the agreement, while 30 have joined the group of nations, which aim to promote solar energy as means of development particularly in developing nations.
The prime minister, Uttar Pradesh Governor Ram Naik and Chief Minister Yogi Adityanath received the French president and his wife Brigitte at the airstrip here. The prime minister and the French president pressed a button to energise the solar panels and dedicated the 75 MW facility to the people.