Page 2831 - Economy & Policy News

Move to probe builders for not passing GST benefit too harsh, say realtors

We want govt to bring down GST rate to 6% from 12% currently, said chairman of ATS Infrastructure

Increase in iron ore cap to benefit steel mills in Karnataka

The ruling is likely to help steel mills across Karnataka to receive more raw material and raise operating capacity

Critical need led to Rafale buy, although 2 fighters met IAF criteria: Govt

Sitharaman confirms in Rajya Sabha both Dassault Rafale and Eurofighter Typhoon were found fully compliant and that Rafale was purchased with an inter-governmental agreement

E-way bill adds to companies' woes on GST

Firms, traders fear there could be increased harassment of truck drivers in absence of a bill

GST, infrastructure status to spur investment in logistics sector

The grant of infra status and the implementation of GST have paved the way for consolidation and growth in the sector

Over 2,400 cases filed before NCLT since IBC enactment

In 2015-16, total number of complaints against listed companies stood at 14,978

Nod to Indian firm to conduct Phase-I clinical trial on Zika vaccine: Govt

The application was on the Zika virus vaccine claiming 100% efficacy in animals for grant of permission to conduct the Phase-I clinical trial, Ashwini Choubey

GST, rating upgrade major achievements of 2017, says FinMin

FinMin said that Moody's Investors Service upgraded India's local and foreign currency issuer ratings after a gap of 13 years

HSBC forecasts 7.6% GDP growth for India in FY20

In the medium term, GST alone may add 40 bps to GDP growth through productivity gains, HSBC noted

Rs 5k cr spent on printing of new 500 notes till Dec 8 at Rs 3 apiece: Govt

RBI has printed 365.4 crore pieces of Rs 2,000 notes at the cost of Rs 1,293.6 crore

Moody's announces stable outlook for India power sector over 18 months

Moody's also says that the government's debt restructuring of the financially weak distribution utilities under the Ujwal Discom Assurance Yojana will gradually improve state-owned discoms

Iraq overtakes Saudi Arabia as India's top oil supplier: Dharmendra Pradhan

Saudi Arabia supplied 21.9 MT of crude oil in the first seven months of 2017-18, says Dharmendra Pradhan

I-T dept unearths undisclosed income of Rs 7,961 cr post demonetisation

National Crime Record Bureau seized Rs 18.7 cr till Nov 30, 2017

GSTN brings in option for monthly, quarterly filing of forms

Taxpayers with annual aggregate turnover up to Rs 1.5 crore in the previous financial year or anticipated in the current financial year can avail the option of filing quarterly returns

13% dip in number of Indians visiting US due to note ban, slow visa process

The drop was a significant 18.3 per cent during the second quarter months of April, May, and June

Australian institute offers technological help to prevent stubble burning

The project will kick off with a workshop hosted by the International Food Policy Research Institute in Chandigarh.

Cheaper train tickets? Railways may offer discounts like hotels, airlines

Piyush Goyal also said that in the coming year, plans are being made to maximise utilisation of assets

Trump admin may stop spouses of H1B visa holders from working in the US

In 2016, more than 41,000 of H-4 visa holders were issued work authorisation. This year till June more than 36,000 H-4 visa holders were issued work authorisation

India can grow 8% for 20 yrs by improving people's living status: UN expert

The UN, in its latest report, projected India's growth rate to be 7.2 per cent in 2018 and 7.4 per cent in 2019

Higher coverage, premiums to inflate crop insurance subsidy

Premium collection in 2016-17 was Rs 22,337 crore and claims were about Rs 13,500 crore