The consumption boom is being fuelled by rising debt
NBFC sector including HFCs came under pressure after series of default by group companies of IL&FS beginning September last year.
The government will reimburse the freight paid by Indian exporters through a cash transfer to their bank accounts, the statement said.
In this series, we take a deeper look at the businesses and corporations, and the people, that left an impact on the world.
The CMIE numbers are based on a survey of tens of thousands of households across India. The figures are regarded by many economists as more credible than the jobless data produced by the government.
The authority has also asked the realty firm to pass on Rs 57.76 lakh to the buyers of 'Auric City Homes' project as the company has already admitted lapses and passed on Rs 90.84 lakh to the purchasers.
Competition from low-cost nations like Vietnam and Bangladesh is a major challenges the industry is facing.
An agreement in this regard was signed between the World Bank and the Government of India on March 4.
The scheme aims to create about 50,000 work-from-home jobs, especially for women and differently-abled persons, in the three-year period till March 31, 2022
The PMI data are at odds with the GDP numbers and other indications of a slowdown
According to Kant, India is currently growing at over 7 per cent and if the country has to grow at 9 per cent, then e-commerce market will have to play a major role.
The sustainability of these prices beyond the current quarter appears uncertain as demand momentum is seen coming off in the first half of next fiscal given the impending elections.
The GSP programme covers 3,700 products. Fortunately, India used concessions for only just 1,784 of those.
A Nostro account is an account that a bank holds in a foreign currency in another bank.
The government in Budget 2019-20 also announced hiking of tax free gratuity to Rs 20 lakh for employees having service of more than five years.
Foreign Secretary Vijay Gokhale had not given any casualty figure in the airstrike and he had only given a statement, which was the government's "position", Sitharaman told reporters here.
"We do not agree with that at all. Our tariffs (import duties) are very consistent with the bound rates that we are entitled to in the WTO," Commerce Secretary Anup Wadhawan told reporters here.
The scheme was announced by then Interim Finance Minister Piyush Goyal during his Interim Budget speech on February 1.
There was practically no production in north India in January, due to a ban imposed on plucking, it said.
An arm of Tata Power-backed Resurgent Power Ventures, Renascent Power Ventures -- which has acquired 75.01 per cent stake in the Bara power plant -- will be offering 40 paise per unit cheaper electricity to Uttar Pradesh Power Corporation Ltd (UPPCL) under revised terms of power purchase agreement, a source said.
"The Reserve Bank of India (RBI)... has levied an aggregate penalty of Rs 10 million (Rs 1 crore) on the bank for non-compliance of regulatory directions observed during assessment of implementation of SWIFT-related operational controls," Yes Bank said in a regulatory filing.
This will provide some relief to policymakers and bolster hopes for a recovery in economic growth this quarter after Asia's third-largest economy lost momentum in the final three months of 2018.
US President Donald Trump on Monday said he intended to end India's preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty free.