Page 46 - Indivjal Dhasmana/workspace/business Standard Web/video

Global trade shows signs of rebound from Covid-19, recovery uncertain: WTO

Trade growth in Covid-19 related products was strong in June and July, showing the global economy's ability to help governments obtain supplies

Service activity moves towards recovery in September; PMI at 49.8

At 49.8 in Sept from 41.8 in August, but contracts for 7th month in row

GST Council has no jurisdiction over borrowing by states: Govt sources

As such issue of voting in the Council over this issue does not arise, they say

No breakthrough in GST compensation deadlock; next Council meet on Oct 12

About two thirds of states opt for RBI-window of Rs 1.10 trillion, rest still want the Centre to borrow instead

Covid-19 crisis: Signs of economic recovery fragile, say experts

Some major indicators raise hopes but there are segments showing that revival is still nascent

Carrying physical copies of e-invoices not required, clarifies GSTN

CBIC has said companies will not attract any penalty if they move goods without e-invoicing

FM not averse to providing further economic stimulus, says source

Asserts that recent trends of economic recovery are testimony to government's intervention

Exports rise for the first time in seven months, up 5% in September

Development marks yet another sign of revival as imports continue to decline, albeit at a slower pace, trade deficit shrinks

Labour codes hugely increase coverage of workers: Santosh Kumar Gangwar

In a Q&A, the Labour and Employment Minister says Removal of rigidity in labour laws, reducing compliance levels would stimulate setting up larger industries generate employment

Doing away with rigidity in labour laws will boost jobs: Minister Gangwar

The minister said that the laws protect the workers' right to strike and it has not been "taken away from them in any manner

From road transport to health insurance, tax rules that changed from Oct 1

TCS at the rate of 5% imposed on money remitted outside India

Record e-way bills generated in Sept, signal economic revival: Finance secy

Pandey said that almost 2.62 million e-way bills were generated on September 30, which was the highest ever count so far in a single day

Exports grow 5% in September in another sign of economic recovery

Commerce & Industry minister Piyush Goyal tweeted that exports stood at $27.50 billion in September 2020 against $26.02 billion in the same period last year

Committee looking to capture informal sector activities stuck on sample

The issue is whether the annual survey should change the sample every time as is done currently when this survey comes out after a gap of five years

EPF subscribers cross pre-Covid level in July, but number may be overstated

Earlier, there was a net addition of 20,164 to EPF subscription in April, 172,174 in May. However, new data now shows subscribers shrank by 61,807 in April and addition in May was just 40,551

FCRA Bill passed in Lok Sabha, civil society says it will throttle NGOs

MoS for Home says Bill necessary for Aatmanirbhar Bharat, is not against any religion or NGO

Expert panel suggests making GIFT city a gateway for global investors

Committee says IFSC should aim at providing Indian diaspora and individuals from Asia and Africa with full range of financial services, serve residents availing liberalised remittance scheme

21 states opt for Rs 97,000-crore RBI window to meet GST shortfall

This would help the proposal get cleared in the GST Council in case of voting

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

Govt's decision to hike duty on TV cells to further increase prices

The planned 5 per cent increase in duty on open cells to further worsen TV makers plight