From GDP growth concerns to note ban's impact on GST roll-out: 5 key developments

In other news, Donald Trump's Treasury pick outlines the President-elect's economic policy

Business Standard brings to you a list of five key developments across the country.

Tata, Flipkart's Bansals back India's pvt space mission to the moon

Ratan Tata, the interim chairman of the Tata Group, Flipkart co-founders Sachin Bansal and Binny Bansal and TVS Group Chairman Venu Srinivasan have become the latest backers of Team Indus, India’s first private mission to the moon. 

GDP grows 7.3% in Q2, but demonetisation could play spoiler in H2

The gross domestic product (GDP) growth accelerated slightly in the July-September quarter, compared to the growth recorded in the previous quarter, but economists and policy planners said growth will suffer a setback in the second half of the year because of the impact of demonetisation.

 

Nusli Wadia warns Tata Sons of legal action if special notice not withdrawn

Nusli Wadia, independent director (ID) on the board of Tata Steel, Tata Chemicals and Tata Motors, has warned holding company Tata Sons to withdraw the special notice to remove him from the Tata Steel board.

Demonetisation could delay GST roll-out, says West Bengal FM

Demonetisation of Rs 500 and Rs 1,000 currency notes, and the resulting turmoil, makes the April 1, 2017, target date for a national goods and services tax (GST) unlikely, said Amit Mitra, finance minister of West Bengal.

Trump's Treasury nominee outlines economic policy

President-elect Donald Trump’s pick to lead the US Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities as they seek a sustained pace of 3 per cent to 4 per cent economic growth.