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Angel tax exemption a good effort, but more needs to be done: Industry

The government's move on Tuesday to relax norms for start-ups will "unshackle angel investing" and unleash the next wave of entrepreneurship

Angel tax relief for startups: Funding cap for exemption raised to Rs 25 cr

The angel tax is levied on start-ups that have received an equity infusion in excess of the fair valuation, with the premium being paid by the investors as their income

High cost of credit worries exporters as growth space shrinks

According to the World Trade Organization, global trade entered a tough phase in the second half of 2018 and is expected to slow further in 2019

Ending MFN status for Pakistan an unprecedented move, say trade officials

Revoking the MFN status India granted to Pakistan back in 1996 has been argued as a plausible way of sending a strong message to the country.

Job creation, technology transfer, investments dominate India-US talks

Last year, both US and India had given a wide berth to contentious trade issues in the 2+2 dialogue

Fearing backlash at WTO, India rules out import duty hikes for copper, iron

Despite repeated requests from industry, govt does not want to raise levy on inbound metals

India-US talks on February 14: Crude oil imports to dominate agenda

Last year, both countries had given a wide berth to contentious trade issues in the 2+2 dialogue, instead focus on defence and foreign affairs

Engineering exports may face trouble cracking the $80-billion mark for FY19

This is expected to drag down the overall export growth of the country as the engineering sector remains a major foreign exchange earner

Services PMI dips for second month on rising expenses, domestic slowdown

It fell to 52.2 in Jan from 53.2 in Dec, but firms continued to hire

New definition to give start-ups, investors a bigger angel tax breather

DPIIT Secretary Ramesh Abhishek and officials from the CBDT met start-ups and investors to discuss ways to exempt small start-ups and investors from the angel tax

Walmart, Amazon shape online sellers lobby to fight new e-commerce rules

Amazon India, Flipkart shut down 60 categories, pushing out 45 mn products

Govt not to extend February 1 deadline for new e-commerce FDI norms

The e-commerce firms would not be able to have a select few sellers on the platform in which they have stakes in, directly or indirectly

India's core sector growth falls to 18-month low of 2.6% in December

Economists blamed an unfavourable base effect, along with a sudden slowdown in the growth of cement production and electricity output, for bringing down the overall growth rate of the core sectors

Textile package suffers delivery failure due to demonetisation, GST

Imaginatively designed incentives to grow jobs in the textile sector ran into the unforeseen headwinds of demonetisation and GST

Govt arms DIPP with policy oversight to assume singular control over retail

The new Department of Industrial Promotion and Internal Trade will be in charge of both e-commerce and physical retail

Thank you China for smoking: Indian tobacco heads to biggest market

Commerce Department has secured market access rights for Indian tobacco in China- the global leader in smoking

Amazon, Walmart push hard to extend FDI guidelines in e-commerce

Traders warn of nationwide stir against stretching deadline; while DIPP not in favour of extension, senior officials to mull issue after returning from Davos

South African President seals three-year strategic programme with PM Modi

Ramaphosa, who arrived in New Delhi early in the day, will be the guest of honour at the Republic Day parade

Lull in Chinese industrial demand won't hit India, say exporters

Latest downturn stems from structural adjustments in Chinese economy & trade war with US, both of which remain beneficial for India, they say

Why a Startup India certificate may be worth no more than a piece of paper

It rarely opens up the door to angel or VC funding and even the tax breaks it offers are usually meaningless