Page 79 - Indivjal Dhasmana/ Pti

Implementation of new accounting standards postponed

Breather for companies as norms are deferred by a year

US praises Rajan's monetary stewardship

Criticises Modi govt for slow progress in reforms; doubts GDP numbers

Govt to tighten noose on income tax evaders

PM Modi has said that India needs to move from a situation where only a few pay direct taxes and many escape to a situation where more people pay a moderate amount.

YES: Pay revision to hit Punjab, Kerala most

Manufacturing PMI rises to three-month high

No jobs created; new export orders up for first time in 32 months

April-May fiscal deficit at 43% of BE

In April, first month of this financial year, it was 25.7% of the year's budgeted amount, compared to 23% in the same month of 2015

7th Pay Commission: Pay hike cheer for govt employees

Basic salary, pension to increase 2.5 times; Cabinet defers decision on allowances

Cabinet approves law to enable shops, malls, restaurants to stay open 24x7

The model Shops and Establishment Act will also enable women to work during the night with mandatory cab services and other workplace facilities

After many twists and turns, Monetary Policy Committee to be in place soon

The MPC is expected to be in place before the next monetary policy review by the RBI in August

States not diverting funds from health, education: NITI Aayog

More than half of the states saw fall in expenditure on health and education in 2015-16 compared to 2014-15

Avail I-T declaration window or face consequences, PM warns tax assessees

States received 16.7% more funds in FY16

Study conducted by NITI Aayog says only three saw a reduction in resources allocated

Brexit aftermath: Jaitley leads firefight to win investors' faith

Jaitley said the country had immediate and medium-term firewalls in the form of healthy forex reserves

India Inc's business confidence dips, reveals NCAER study

Their survey index of firms dipped in Jan-April to a 10-quarter low; however, political confidence measure rose

Views sought on Bill to take debt tribunals online

The amendment of the debt recovery law will computerise processing of tribunal cases for faster disposal

World Bank cuts forecast for India's growth to 7.6-7.7%

Cautions India against notable headwinds

GDP data discrepancies: Govt to release supply use table to tackle variation

The supply table describes the supply of goods and services, which are either produced in the domestic industry or imported

Services growth declines to 6-month low in May: PMI

At 51 points in May, it is weakest since Nov 2015

Discrepancies are inherent part of expenditure side of GDP as of now: T C A Anant

Interview with Chief statistician of India

India Post Payments Bank to be a reality

The total corpus of the payments bank is of Rs 800 crore, which will have Rs 400-crore equity and Rs 400-crore grant