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Indian stand gets world rap at WTO

Cabinet under Modi meets today to decide on whether to end country's isolation on issue, with July 31 deadline pressure mounting

Odisha targets Rs 3,200 cr IT exports in FY15

This is an increase of about 33% over the previous fiscal

Karnataka to amend Land Reforms Act

New rule will allow govt to take back land not being utilised for the purpose it was allotted

1,839 ha forest land in Odisha diverted for 15 industrial projects

Posco, Essar Steel, JSPL among the major beneficiaries

Sugar output to reach 25 mn tonne despite weak monsoon: Murugappa Group

Govt's move to hike import duty on sugar will boost domestic industry, says group chairman Vellayan

Features Rss icon

Why the monsoon numbers hide reality

Because the ecology of various regions differs, it is silly to club them all under one countrywide average number

Will budget reforms help the Railways get back on track?

While the government's intention is to revamp the country's rail network , a half-hearted attempt at creating a more efficient organisation ...

Why GAAR spooks corporate India

Trust deficit between taxpayers and tax administrators is the key factor that makes GAAR a non-starter

Bihar's bitter lesson in teacher recruitment

The revelation of fraud in the employment of teachers in the state is a lesson to government officials that quick-fix solutions to development ...

'Revenue-neutrality plea not sustainable with reference to terminal excise duty'

We supplied goods to projects financed by World Bank under contracts awarded under the International Competitive Bidding (ICB) route. We paid ...

Editorial Comment Rss icon

Strategic mistake

Lack of vision behind India's stand on trade facilitation

IT kicks off

Global economic hopes lead IT firms to think positive

A murky barrel

Petroleum pricing needs reform and transparency

A chorus of agreement

Why does India Inc praise every Budget?

A prudent gamble?

Significant changes to infrastructure finance

Columnists Rss icon

Shyam Ponappa: Extractive charges on spectrum and petroleum
Shyam Ponappa

The author examines whether government levies on these critical inputs are beneficial or detrimental

Barun Roy: A sequel to Hong Kong?
Barun Roy

Recent efforts to promote trade and tourism between China and Taiwan show the latter's risk factor as a flashpoint is no longer acute

Arvind Panagariya: India must call the US' bluff on patents
Arvind Panagariya

The recent US-India friction over trade is being driven by Big Pharma

Business Law & Tax Rss icon

Why GAAR spooks corporate India

Trust deficit between taxpayers and tax administrators is the key factor that makes GAAR a non-starter

Rajiv Memani

Need debate on the time required to be GAAR-ready: Rajiv Memani

Interview with CEO & country managing partner, EY India

Is cost audit losing its relevance?
Asish K Bhattacharyya

By introducing the concept of 'public interest', the government has made the 2014 Rules unnecessarily complicated

New employer to pay PF penalty
M J Antony

The Supreme Court has held that a company which takes over another is liable to pay damages for default in payment of contributions to the ...

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A case of tight-fisted executive and over-worked judiciary
M J Antony

Business Standard experts take a look at the challenges thrown by the Budget in growing financial stress in the judiciary, matters relating to ...

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Making it easy for business

States have to take the lead if India has to improve its rank as an industry-friendly destination

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (30/04) 5.20 6.16 4.77
IIP (31/03) -0.50 -0.20 3.51
GDP (31/12) 4.70 4.80 4.70
CPI (30/04) 8.59 9.87 9.39
CRR (29/01) 4.00 4.75 5.50
Bank rate (02/05) 9.00 9.00 8.50