Economy News

Budget 2018: Will govt take steps to offer formal status to millions of contract workers?

Suchita Dutta, Executive Director of the Indian Staffing Federation, gives a peek into what the contract staffing sector in the country expects from Union Budget 2018.

Jan 18, 2018

Hunt for black money: Govt to monitor your jewellery and luxury goods purchases above Rs 6 lakh

The plans to monitor cash transactions above a limit is aimed at eliminating black money and promoting digital economy.

Jan 18, 2018

Digital transactions surge 11 percent in December 2017 but card transactions decline

The total digital payment transactions surpassed 1 billion in December 2017.

Jan 18, 2018

All Rs 10 coins valid: Here's what RBI said

All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank India (RBI) said.

Jan 17, 2018

Skill, job and English: You need only three things to make it to US

The Trump administration has no qualms admitting immigrants who are skilled, employed and can speak English fluently.

Jan 17, 2018

Pay more for lower berths, discounts on delayed trains: Know the recommendations of fare review committee

The panel proposed that the Railways follow the dynamic pricing model adopted by airlines and hotels.

Jan 17, 2018

HUL, Honda Motor get anti-profiteering notice for allegedly not passing on GST benefits

The notice seeks details from HUL about the pre and post GST prices of its entire products range.

Jan 17, 2018

Petrol at Rs 100? How long will Great Indian fuel fleece drag on?

What happens next, with prices actually hardening and the outlook appearing daunting?

Jan 16, 2018

How's Union Budget 2018 going to be different? Check out these points

Union Budget 2018 is supposed to be the final full Budget of the present government and it is the is the first post-GST era Budget.

Jan 16, 2018

Will Aadhaar linking deadline get an extension? UIDAI to hold talks with RBI, Trai

The current deadline to link Aadhaar number with essential services is March 31 which might extend again.

Jan 16, 2018

Diesel prices at record Rs 61.74/litre, petrol crosses Rs 71/litre; clamour for excise duty cut gains momentum

The hike in fuel prices has renewed the demand for a cut in excise duty on oil. The present government has lowered excise duty on petrol and diesel only once in its tenure.

Jan 15, 2018

Budget 2018: Agriculture sector top priority, says Arun Jaitley

"Among the priority areas, the agriculture sector is on top. Ensuring the benefits reaches the agri-sector and growth is visible — this is among the priority areas for us," said Jaitley.

Jan 15, 2018

Good news for employees: Tax-free gratuity limit may be raised to Rs 20 lakh

Employees are currently eligible for Rs 10 lakh gratuity if they have provided at least five years of continuous service at the time of termination.

Jan 15, 2018

Why is this Indian online portal and wholesale market listed in Notorious Markets List by US?

IndiaMart.com and Delhi's wholesale market Tank Road have figured in the annual American notorious markets list.

Jan 13, 2018

No need to visit check posts: E-way bill to make inter-state movement of goods easier from Feb 1

E-way bill system is considered to be an effective tool for tracking the movement of goods and check tax evasion.

Jan 13, 2018