Economy News

Inflation expected to rise; RBI likely to hike interest rates: Goldman Sachs

The report further said that India's consumer price index (CPI) is likely to go up because of higher commodity prices of oil and coal.

Nov 22, 2017

Over 43 lakh businesses file initial GST returns for October

Around 56 percent of the registered taxpayers have filed their GSTR-3B returns for October by November 20.

Nov 22, 2017

12% and 18% GST slab rates likely to be merged; Rs 95,000 cr revenue collected in October

But the government will reserve the 28 percent rate for demerit goods like cigarettes.

Nov 21, 2017

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Private sector hiring likely to stay muted till March 2018: Report

The wage cost control would remain a key area of priority in the short term.

Nov 20, 2017

Govt likely to cut GST rates on white goods like washing machines, AC

Besides pushing demand in the sector, the move will also be aimed at helping women to reduce their daily workload by making such white goods cheaper.

Nov 20, 2017

An Indian army soldier keeps guard from a bunker near the border with Pakistan

Pakistan's National Security Advisor says India creating a 'two-front situation'

The NSA said that Pakistan wants peace in Afghanistan, however, it is under stress because of India's involvement in the situation.

Nov 18, 2017

Moody's upgrade in India ratings shows growth story: NITI Aayog

Other global rating agencies like Standard and Poor's Financial Services (S&P) and Fitch Ratings to follow Moody's.

Nov 17, 2017

Despite a small market, global diamond producer starts operations in India

After the United States, India is the Diamond Producers Association's second country office.

Nov 17, 2017

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Markets cheer Moody's decision to upgrade India's credit rating

Sensex and Nifty gained over 370 points and 112 points, respectively, in early trade on Friday.

Nov 17, 2017

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RBI may release another list of 50 loan defaulters

March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against borrowers.

Nov 17, 2017

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Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

"I think the bottoming out of the economy is complete and now it should start moving upwards, Jaitley said.

Nov 16, 2017

Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals

This bill, however, bans H1-B dependent employers from replacing American jobs with H1-B employees.

Nov 16, 2017

45 companies to bid for India's first mega coastal economic zone

The first mega CEZ will stretch from Nashik, Thane, Mumbai, Pune and Raigarh.

Nov 16, 2017

Restaurants agree to lower GST rate, but menu prices may rise

Earlier, the tax rate was 18 percent for air-conditioned restaurants and 12 percent for non-air-conditioned eateries.

Nov 16, 2017

India beats US and China on farmland: Report

The US Geological Survey shows global farmland totals 1.87 billion hectares (4.62 billion acres), which is about 15 to 20 percent higher than earlier projections.

Nov 15, 2017

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Economy News

Inflation expected to rise; RBI likely to hike interest rates: Goldman Sachs

Over 43 lakh businesses file initial GST returns for October

12% and 18% GST slab rates likely to be merged; Rs 95,000 cr revenue collected in October

Private sector hiring likely to stay muted till March 2018: Report

Govt likely to cut GST rates on white goods like washing machines, AC

Pakistan's National Security Advisor says India creating a 'two-front situation'

Moody's upgrade in India ratings shows growth story: NITI Aayog

Despite a small market, global diamond producer starts operations in India

Markets cheer Moody's decision to upgrade India's credit rating

RBI may release another list of 50 loan defaulters

Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals

45 companies to bid for India's first mega coastal economic zone

Restaurants agree to lower GST rate, but menu prices may rise

India beats US and China on farmland: Report

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