Page 1453 - Economy & Policy News

Flavoured milk to draw 12% GST: Gujarat-based Authority for Advance Rulings

The ruling was delivered in a case filed by Vadilal Industries for its product Power Sip. Harpreet Singh, partner at KPMG, said the government should now clarify its position on this issue

Indo-China trade deficit hits 7-year low amid Covid-19 pandemic

This is mainly due to robust double-digit growth in exports, coupled with contraction in imports

Global minimum tax may impact India's special rate on manufacturing firms

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms

Bengaluru, Delhi offer best prospects for job-seekers in Q1FY22: Teamlease

Mumbai remains at sixth spot; of the 21 sectors reviewed more than 8 will see a 9-11 percentage point rise in intent to hire this quarter

Cement firms set for blockbuster quarter; realty to boost top line growth

Demand remained strong in East, North, and Central India, while the West showed signs of revival

Low base, recovery in demand to drive up auto firms' Q4 earnings

Recovery in the African and Latin American markets should help exporters post better growth than the domestic market

Q4 earnings: Capital goods industry to benefit from govt's infra push

Exports of short-cycle products are expected to improve, aiding revenue mix

Q4 results preview: Quick economic recovery to aid banks' profits

On the profitability front, the brokerage pegs operating profit growth at 15 per cent YoY with 12 per cent YoY for private and 19 per cent for PSBs

Q4 results: Metals & mining firms riding high on the commodity price rally

Exports jumped 126 per cent year-on-year in March to 1.29 MT, compared with a monthly average of 0.65-0.75 MT in recent times

India will raise climate ambitions but 'not under pressure': Javadekar

Javadekar on Wednesday said India will raise its climate ambitions but "not under pressure", and that it will not allow anybody to forget their historical responsibility

Recruitment activity logs 2% drop in March over previous month: Report

Main drag was a decline in job postings in sectors

Amid Covid surge, govt approves stepping up of production of Remdesivir

Govt aims to ramp up the production capacity for manufacturing of the drug to around 7.8 million vials per month

Housing sales increase by 20% in January-March: 99acres.com report

The Indian realty landscape with conducive government policies and multiple incentives registered 20 per cent hike year-on-year sales in January to March: report

Four years after Modi push, no Indian firm in top league of auditors

Some prime slots are at best held by Indian arms of foreign firms with roots in Europe; govt itself favours the big four for mega advisory roles like disinvestment or asset monetisation

Recovery conundrum: India shows Covid-19 patients recovering faster

Data shows faster recovery for some states, with Delhi registering a recovery in three days, as against 7 days during the last four months of 2020

Discovered small fields: Govt may extend bank guarantee relaxation

Officials in the know say this re­laxation was given during the first wave of the Covid-19 pandemic

Central govt's indirect tax collection up 12% in FY21, GST number falls

Customs duty collections stood at Rs 1.32 trillion during FY'21, representing around 21 per cent growth.

Recovery tracker: Rising Covid-19 cases in India hit power, traffic

Effect on Mumbai's economic activity appears more pronounced than Delhi's

Covid-19: Deserted streets, fleeing workers threaten India's oil demand

After dipping by about 2 per cent in March from February, overall consumption of oil products looks set to extend declines this month.

Hotel industry braces for tougher months ahead amid localised lockdowns

The recovery seen during the past two quarters is set to be disrupted