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Schemes like PM Kisan, NYAY should better be left to states, says Y V Reddy

Fiscal risk is more if PM Kisan and NYAY schemes are at the Centre, because it does not have hard budget constraints

Assocham pitches for a reduction in corporation tax rates cut

The Assocham president also called for setting up development financial institutions, exempting securities held for at least three years from long term capital gains tax among other issues

Congress should come up with plan to implement Rahul's NYAY: Experts

Say Congress undoing what it achieved through MNREGA by targeting beneficiaries

Mixed scorecard: After good start, Modi govt's reform measures losing steam

When it came to the crux of labour reforms, the Modi government got cold feet

India generated record number of jobs in January 2019, shows EPFO data

Critics, however, don't find EPFO data robust as the bump is seen in the data because of the requirement that any establishment employing at least 20 people has to cut provident fund

Cannot take coercive action in circular trading cases: Bombay HC

The petitioner, whose business is in dealing with MS ingots, had filed a plea in court for personal liberty enshrined in the constitution

Jaitley bats for GST Council type of cooperation in farm, healthcare

Jaitley advocated for cooperative federalism in agriculture, rural development and healthcare for the larger national interest.

Arun Jaitley spars with economists who doubted official data's credibility

Jaitley says 70% of these 'so-called' economists are compulsive contrarians

GST appellate body clears air on tax credit for sweet shop vs restaurant

Sweet shop not to be regarded as extension of dine-out eatery, and will enjoy tax credit benefit, if its accounts are maintained separately

February WPI inflation surges to 2.93% on rise in food, fuel prices

Economists are not sure whether it is an effect of rise in the minimum support price or drop in rabi sowing acreage

Modi govt scorecard: Good work on GST, dragging on direct taxes code

While the govt has widened the tax base and provided substantial relief to MSMEs, its U-turn on DTC means the code will not be implemented before the next govt comes to power

A no-deal Brexit is unlikely, says UKIBC chairman Mervyn Davies

The Brexit vote had as much to do with dissatisfaction with the status quo as it was about anything else

Govt to focus on lowering tax rate and widening base, says Arun Jaitley

In his second Budget, Jaitley had announced that the corporation tax rate would be cut to 25% over four years

February services PMI shows uptick, overall inflation rate softens

Upbeat demand conditions in the domestic demand fed through to the labour market, with services sector jobs expanding at the same solid rate that was registered at the start of 2019

Maharashtra pips Delhi NCR again as race for FDI gets hotter in Q3

Delhi's nine-month show slightly better than western state's due to huge lead in Q1 inflows

India missing Rafale most now, feeling need of those fighter jets: PM Modi

Says enemies within and outside the country are scared

Cabinet clears ponzi Ordinance, fresh changes in the Companies Act

The ordinance on ponzi schemes will prohibit all deposit-taking activities that are not regulated by various regulators

WTO pegs global trade at 9-year low; India exports may take hit

The WTO's quarterly outlook indicator, comprising seven trade parameters, stood at 96.3, the lowest since March 2010 and down from 98.6 in November

Exports rise 3.7% in January; trade deficit widens to $14.7 billion

Imports also remained almost flat, growing by just 0.01% in January

WPI inflation eases to a 10-month low of 2.76% in January on cheaper fuel

The trend is in line with the consumer price inflation rate, which declined to a 19-month low of 2.05 per cent in January from 2.11 in December