Economy News

Energy Drive: When environment is at odds with business

Industry feels that environmental regulations such as Forest Rights Act 2006 have blocked industrial and mining development in the country for long.

Sep 19, 2017

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No further extension in filing returns under GST: Government

July returns are to be filed by October 10 under GSTR1, October 31 under GSTR2 and November 10 under GSTR3.

Sep 17, 2017

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GST recoil: Exporters say higher costs hit orders, exports drop 15% till October

Costs rise 1.25 percent as govt delays duty refunds; resulting liquidity crunch forces exporters to postpone shipments.

Sep 16, 2017

Finance Ministry seeks details of 40 accounts tagged for insolvency and bankruptcy

Commercial banks had expressed concerns over the extra provisioning requirements which is being looked at and if necessary, the ministry will have further discussions with the RBI.

Sep 16, 2017

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India's trade deficit widens to $11.64 billion in August

The trade shortfall was $11.45 billion in July.

Sep 16, 2017

Shed no tears, onion prices crash on income tax raids

The sudden crackdown of the I-T department created panic among the onion traders leading to an onion price crash.

Sep 15, 2017

Bleak days for black: PAN, company audit reports enter govt's watchlist

Ministry of Corporate Affairs and CBDT to share data for carrying out scrutiny, inspection, investigation and prosecution.

Sep 14, 2017

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Economy meltdown: India's corporate debt soars to seven-year high, says report

One out of five large companies is not earning enough to service even the interest of its loan, says a look at corporate debt data.

Sep 13, 2017

RBI may keep 'status quo on policy rates', says analyst as India inflation hits 5-month high in August

India's CPI surged to 3.36 percent in August from 2.36 percent in July. That was above market and economists' expectations of 3.2 percent.

Sep 13, 2017

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SBI Life to launch India's first billion dollar IPO in seven years

SBI Life's IPO is the biggest since state-run Coal India's 155 billion rupee ($2.4 billion) IPO in 2010

Sep 12, 2017

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Farm loan waiver likely to swell inflation by 20 bps: RBI paper

Farm loan waivers have been announced by both the central and state governments to provide relief to farmers facing distress due to natural calamities/crop failure.

Sep 12, 2017

Govt to pump in Rs 10 lakh crore to boost infra projects

The amount will be raised in tranches of Rs 10,000 crore, with each tranche earmarked for a specific project.

Sep 12, 2017

Morgan Stanley to invest upto $500-million to bridge India's infrastructure gap

Besides investing in logistics, healthcare, telecom and education, Morgan Stanley will also invest in roads, airports, ports and power plants.

Sep 12, 2017

Direct tax revenue grows 17.5% to Rs 2.24 lakh cr in Apr-Aug

Collection is 22.9 percent of the total Budget Estimates of direct taxes for 2017-18

Sep 11, 2017

Hurricane Irma leaves behind flooding and destruction in Florida

Hurricane Irma bought widespread devastation to the southeastern-most U.S. state of Florida, from Key West to Tampa, on Sunday (September 10).

Sep 11, 2017

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Economy News

Energy Drive: When environment is at odds with business

No further extension in filing returns under GST: Government

GST recoil: Exporters say higher costs hit orders, exports drop 15% till October

Finance Ministry seeks details of 40 accounts tagged for insolvency and bankruptcy

India's trade deficit widens to $11.64 billion in August

Shed no tears, onion prices crash on income tax raids

Bleak days for black: PAN, company audit reports enter govt's watchlist

Economy meltdown: India's corporate debt soars to seven-year high, says report

RBI may keep 'status quo on policy rates', says analyst as India inflation hits 5-month high in August

SBI Life to launch India's first billion dollar IPO in seven years

Farm loan waiver likely to swell inflation by 20 bps: RBI paper

Govt to pump in Rs 10 lakh crore to boost infra projects

Morgan Stanley to invest upto $500-million to bridge India's infrastructure gap

Direct tax revenue grows 17.5% to Rs 2.24 lakh cr in Apr-Aug

Hurricane Irma leaves behind flooding and destruction in Florida

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react