Page 2840 - Economy & Policy News

Moody's has stable outlook for non-financial corporates, except telcos

The agency also has stable outlooks for car-makers, and companies in the construction, cement, and textiles sectors, but a negative outlook on the real estate sector

At Ficci, Arun Jaitley urges greater thrust to MSME sector, infra creation

Jaitley opined that while in 1991, economic reforms had been taken out of compulsion, structural change in 2017 has been done out of conviction

Panama row: ED to issue FEMA notices to more than 45 Indian entities

The agency, ED said, is investigating about 46 'actionable' cases of Indians on this global leaks list for possible violations under the Foreign Exchange Management Act

Council may bring petrol, real estate under GST in future: Sushil Modi

Inclusion of these can happen without amending the Constitution, he said

Spl courts to try tainted MPs, MLAs should become operational by Mar 1: SC

Centre is setting up of 12 special courts to deal with cases involving politicians, to the concerned states

Stumped by inflated tax credits, govt keeps stern eye on banks, telecom cos

Centre may issue showcause notices by January next year to companies if transitional credit numbers are not revised

Govt to hold consultations with RBI for MDR rate issue: FinMin official

MDR is the rate charged to a merchant by a bank for providing debit and credit card services

GDP growth to recover to 7% in next few quarters: Standard Chartered report

Said the market is concerned about fiscal slippage in FY18 in the wake of GST implementation and higher crude oil prices

SC rules out deadline extension to miners for penalty payments

The court held that the amount to be paid should be the figure rationalised by the central empowered committee

India takes up Neem, Yoga patent issue at WTO, demands global check

The issue is also under discussion at the World Intellectual Property Rights Organization

Gujarat polls: BJP might get a rude shock, says Yogendra Yadav

On solid wicket in urban areas, but semi-urban centres and villages might spring a surprise

AI flight with aviation minister onboard delayed by 1.3 hours, 3 suspended

According to the Air India sources, the pilots had reported late for the duty leaving the waiting passengers furious.

Taxmen crack down on bitcoin dealers in India: Key facts to know

Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years

Indian employees by 2022: 37% in new job roles; 9% in non-existent ones

According to the report, exponential technologies in advanced markets is expected to improve productivity by 15-20 per cent in the next five years

WTO talks collapse, no deal on India's demand for resolving food security

Even after hectic parleys, the member nations failed to break an impasse over the public food stockholding issue on the fourth and final day of the ministerial conference.

Trump promises giant tax cut as 'Christmas gift' to American families, cos

Trump cited an example to explain the impact of the tax cut: "The typical family of four earning USD 75,000 will see an income tax cut of more than USD 2,000, slashing their tax bill in half."

I-T department exploring ways to tax bitcoin transactions

Last week, the RBI said it was concerned about bitcoin stocking fears that a rapidly swelling bubble could burst

Modi bats for small and medium businesses at Ficci AGM, promises jobs push

Blames UPA for bad debt legacy; says bank depositors' money is safe

GST Network introduces functionality to simplify returns filing process

The new facility will result in time savings for the taxpayers, said GSTN, which provides the IT backbone for the new indirect tax regime

First low-cost airline ready for second take-off

Air Deccan to start operations from December 23