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  • Donald Trump signs executive order aimed at preventing sales of counterfeit goods from overseas Feb 01, 2020 07:40 AM IST

    Donald Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

    Presidential trade adviser Peter Navarro urged Amazon, Walmart and digital commerce sites to take steps to ensure that the goods they sell are safe and legal.

  • Govt monitoring daily prices post-GST, no supply disruptions yet Aug 06, 2017 12:30 PM IST

    Govt monitoring daily prices post-GST, no supply disruptions yet

    The roll out of the biggest tax reform since Independence has been "relatively smooth" with multi-layer monitoring and officers of the tax department have been working overtime to weed out major bottlenecks in the implementation

  • Here's why GST will make mobile exchange offers less attractive Apr 03, 2017 04:35 PM IST

    Here's why GST will make mobile exchange offers less attractive

    Exchange offers on mobiles, televisions and refrigerators are going to attract a goods and services tax (GST) on the original price of the product and the reduction in the newer product will not be considered, reports Mint.

  • Bengal leather industry produces Rs 13,000 cr goods Feb 27, 2017 08:28 AM IST

    Bengal leather industry produces Rs 13,000 cr goods

    "It is heartening that the leather industry in the state produces goods worth Rs 13,000 crore and we look forward to the industry reaching a target of Rs 15,000 crore within two years," Mitra said while inaugurating the Kolkata edition of India International Leather Fair (IILF).

  • Telangana likely to complete data migration to GST by January Dec 01, 2016 07:54 AM IST

    Telangana likely to complete data migration to GST by January

    The data migration in the country began in November, a state government release said.

  • Railways' earnings dips by over 4% Nov 23, 2016 07:10 PM IST

    Railways' earnings dips by over 4%

    The railways earned Rs 79,475.42 crore up to September 2016 as against Rs 76,268.91 crore for the corresponding period last year, a decline of 4.04 per cent, Minister of State for Railways Rajen Gohain said in reply to a written question.

  • GST: Aerated drink makers fume at being put in demerit list Nov 07, 2016 08:30 AM IST

    GST: Aerated drink makers fume at being put in demerit list

    "Aerated drinks are not 'luxury' goods. Aerated drinks cater to the average hydration needs of Indians in the form of immediately-available hygienic and safe drink source," Indian Beverage Association (IBA) said in a statement.

  • Decoding: What does GST mean for you? Nov 04, 2016 06:17 PM IST

    Decoding: What does GST mean for you?

    The goods and services tax (GST) council on Thursday decided on four tier structure at 5, 12, 18 and 28 percent. While the division of items into slabs is yet to be done, it will remove the practice of one single tax rate for all goods and services.

  • India, Japan platinum demand to be strong in 2017: PGI Oct 18, 2016 03:00 PM IST

    India, Japan platinum demand to be strong in 2017: PGI

    Platinum was trading above USD 940 an ounce on Tuesday, up from an eight-month low hit the previous day, and it still remains up about 6 percent for the year so far. The drop-off in prices over the two months since Aug. 12 has widened platinum's discount to gold to the most since June.

  • Centre likely to propose 26% peak rate for GST Oct 18, 2016 08:14 AM IST

    Centre likely to propose 26% peak rate for GST

    It is likely that the Centre could propose a four-tier tax structure under the Goods and Services Tax. The peak slab could be around 26 percent, reports Business Standard

  • China producer prices in first rise for over 4 years: Govt Oct 14, 2016 09:38 AM IST

    China producer prices in first rise for over 4 years: Govt

    The producer price index (PPI) rose 0.1 per cent year-on-year in the month, according to the National Bureau of Statistics, adding it "ended 54 consecutive months of year-on-year falls".

  • Railways earnings fall short of target by over 11% in September Oct 14, 2016 08:56 AM IST

    Railways earnings fall short of target by over 11% in September

    Railways have earned Rs 12,413.96 crore in September this year as against the target of Rs 13,961.91 crore for the month, a decrease of 11.09 percent.

  • CPSUs need steps to meet 20% procurement target from MSMEs:LUB Sep 26, 2016 10:20 AM IST

    CPSUs need steps to meet 20% procurement target from MSMEs:LUB

    Industry body Laghu Udyog Bharti (LUB) today said that Central Public Sectors Units (CPSUs) need to take measures towards achieving the target of 20 per cent procurements from MSMEs.

  • GST implications for real estate Aug 04, 2016 12:19 PM IST

    GST implications for real estate

    The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended &#82

  • Cargo transports to soon find a waterway, but at what cost? Jun 21, 2016 04:07 PM IST

    Cargo transports to soon find a waterway, but at what cost?

    In order for companies to take to shipments over water, the government went ahead and said it would offer an incentive of Rs 1 per tonne per kilometer of cargo to them. But freight owners who are more used to roads will have to pay a small price for it.

  • Goods and services tax and what it means for the states Jun 15, 2016 08:22 PM IST

    Goods and services tax and what it means for the states

    Finance Ministry on Tuesday released a GST draft law after Arun Jaitley held a meeting with state finance ministers on the stalled GST Bill. Here are a few takeaways from the law.

  • China is the biggest and best 'abuser' of free trade: Trump Jun 13, 2016 07:44 AM IST

    China is the biggest and best 'abuser' of free trade: Trump

    "China is the biggest and best abuser. Mexico is a smaller version of China," Trump told his cheering supporters in this steel city of Pittsburgh, which is said to be a key swing state for November general elections as he hit out at several countries including Japan, Germany, Saudi Arabia and Iran.

  • Whole price index seen trending down for April May 16, 2016 08:46 AM IST

    Whole price index seen trending down for April

    Contraction in prices is estimated to be lesser on the back of hardening food inflation, reports CNBC-TV18. The WPI numbers will come at noon.

  • US Senator welcomes India FDI policy in e-commerce sector Apr 01, 2016 07:24 AM IST

    US Senator welcomes India FDI policy in e-commerce sector

    In a statement, Warner praised Prime Minister Narendra Modi's announcement that India will loosen FDI restrictions in the e-commerce sector and allow foreign companies to sell items directly to Indian consumers over the internet.

  • Chinese inflation accelerates to 2.3% Mar 10, 2016 03:10 PM IST

    Chinese inflation accelerates to 2.3%

    The consumer price rise reported today was up from January's 1.8 percent. Food prices surged 7.3 percent, up from the previous month's gain of 4.1 percent.

  • Railways freight traffic registers over 4% growth Mar 10, 2015 09:44 PM IST

    Railways freight traffic registers over 4% growth

    During the month of February, the freight traffic carried by railways was 89.64 MT, according to Railway Ministry data. The freight carried in February this year is an increase of 2.71 MT over the goods traffic of 86.93 MT carried by railways during the same period last year, showing an increase of 3.12 percent.

  • Delay in wagon induction causes Rs 1635 cr loss: CAG Dec 19, 2014 04:08 PM IST

    Delay in wagon induction causes Rs 1635 cr loss: CAG

    Punching holes in the railways' freight management, the Comptroller and Auditor General has found deterioration in the various efficiency parameters causing hindrance in smooth goods train operations and sought streamlining of the monitoring mechanism.

  • Alibaba shopping festival sells $2 bn in first one hour Nov 11, 2014 08:25 AM IST

    Alibaba shopping festival sells $2 bn in first one hour

    Alibaba did USD 3.1 billion in business in half a day during last year's festival, equivalent to what it sold in the full day in 2012.

  • India on the move Mar 08, 2014 01:33 PM IST

    India on the move

    India‘s trade is growing and mountains of goods have to be moved from one side of the world to the other, to the most remote corners, to the busiest centers. This is done every day by Maersk Line, the world‘s largest carrier of shipping containers providing a reliable chain supply for traders all over India.

  • India, US trade in goods touch all-time high in 2013 Feb 07, 2014 01:01 PM IST

    India, US trade in goods touch all-time high in 2013

    According to the figures released by the US Census Bureau, in 2013 the US exported USD 21.87 billion worth of goods to India, while imported USD 41.82 billion worth of goods, with the over trade being a record USD 63.7 billion.

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