Page 1966 - Economy & Policy News

India can end up with 5% real GDP growth this fiscal: Bibek Debroy

In the present scenario achieving a nine per cent GDP growth will be difficult, he said at the Tata Steel Kolkata Literary Meet here

Mumbai retailers warm up to running 24x7 outlets as new rules set in

New rules which allow shops and establishments to be open through the night with some riders come into effect from January 27

Former finance secy Garg pitches for large-scale expenditure reforms

He also noted that as the productivity of government expenditure is generally lower than that of private expenditure

Investment-driven growth model must have aggressive export strategy: Survey

The onus of rescuing economic growth has been placed squarely on exports, since the share of consumption in gross domestic product (GDP) remains constrained

Govt to give special family pension to soldiers who get re-employed

The government has been receiving grievances from various quarters for grant of dual family pension including special or liberalised family pension for armed forces personnel on lines of government

From liquidity to stress fund: Real estate, homebuyers' Budget expectations

Experts say the liquidity crisis is a major factor preventing completion of over 560,000 stalled units across top seven cities

RBI Governor underlines need for more structural reforms to revive growth

Shaktikanta Das also listed out some of the priority areas where structural reforms are necessary

India's forex reserves touch life-time high of $462.16 billion: RBI

In the previous week, the reserves had increased by USD 58 million to USD 461.21 billion

Yogi Adityanath credits investors for UP's positive image makeover

UP government to felicitate top MSME exporters of the state

Govt seeks Rs 10,000-cr interim dividend from RBI to fix fiscal gap

This is 3rd consecutive year when the Centre has made the demand

Top 10 business headlines: Govt seeks RBI interim dividend, telcos get help

News on why the government wants Rs 10,000 crore as interim dividend from the central bank and is going easy on telecom companies that owe it dues.

Davos 2020: Tariff wars now the new norm, disrupting global value chains

Tariff wars are among the three serious challenges to global trade.

PNB Housing Finance reports a 32% decline in PBT at Rs 298.2 crore

The shares of the housing finance company closed 5.01 per cent lower at Rs 542.30 per share on the BSE

IGST on ocean freight is not permissible under law: Gujarat High Court

Ocean freight is the cost incurred through an agreement between two foreign parties to bring goods to India via ocean.

BJP wants Sitharaman to give rural, infrastructure push in upcoming Budget

According to party, meeting fiscal deficit not the real economic issue for the government

Housing sales fall 9% in December quarter amid economic slowdown

Sales and new launches fell further on a low base

Not sharing PAN, Aadhaar? Employer may deduct 20% tax from your salary

In an 86-page circular on the matter, CBDT directed mandatory quoting of PAN or Aadhar number by employees under Section 206 AA of the Income Tax Act.

Malaysia hikes sugar import from India to resolve palm oil spat: Report

India, the world's largest edible oil buyer, this month effectively halted Malaysian palm oil imports apparently in retaliation to Malaysian PM Mahathir Mohamad's comments on Kashmir

Manufacturing goods tackle minefield of restrictions to reach China

The last of a three-part series on rising non-tariff barriers to Indian exports explores how manufacturing shipments are trying but failing to enter China

Tougher norms for high-value gems and jewellery transactions on cards

Preliminary discussions have taken place, said an informed source. Aadhaar is considered better for this purpose than the idea of a PAN (income tax) number