Page 2844 - Economy & Policy News

India favours petcoke import ban, US stands to lose the most

India is the world's biggest consumer of petroleum coke; local producers include Indian Oil Corp, Reliance Industries and Bharat Petroleum

After job cuts in 2017, India Inc to offer 10-15% fatter pay hikes in 2018

As per various estimates, just about 20 per cent firms have made workforce additions in 2017

India Inc fund-raising via debt placement up 32% to Rs 51,000 cr in Nov

In private placement of bonds, firms issue securities or bonds to institutional investors to raise capital

Still not paid taxes on Bitcoin gains? I-T notice could be on the way

Based on the holding period, you have to pay short-term or long-term capital gains tax

Nov inflation likely breached RBI's 4% target on rising food prices: Poll

Wholesale prices are expected to have risen 3.78% last month from a year earlier, compared to a 3.59% rise in October

I-T dept has compiled a list of 8,000-odd non-filers: Report

This is probably the first time that prosecution proceedings, which was primarily used against wilful tax evaders, have been initiated for such charges

Oil prices drop on increased US drilling activity

Brent crude futures, the international benchmark for oil prices, were down 34 cents, or 0.5 percent, at $63.06 a barrel

5 yrs after Food Security Act, poor Indians to get millets at Rs 1/kg

So far, only a few states such as Karnataka and Tamil Nadu had made available millets and that too only in certain pockets

Insolvency law: IBBI notifies norms for complaint handling

Depending on the complaint, the IBBI can order an investigation or issue a show cause notice to the entities concerned

Digital industry demands removal of tax anomalies

The upfront collection of tax by e-commerce operators would create a cash-flow crunch for the suppliers: Report

Graphic: Trends in digital finance

Use of digital financial infrastructure is growing

Business confidence rises in Oct-Dec as India Inc optimistic on growth: CII

CII Business Confidence Index climbed up to 59.7 during October-December 2017 compared to 58.3 in previous quarter

Two petitions filed against IGST on ocean freight element

While the Delhi High Court has admitted the petition of Narendra Plastic, a similar petition was filed by Victory Ventures in the Bombay High Court

Ordinance will give new life to Bamboo Mission

The govt is also trying to ease the guidelines on felling and transit of several other varieties trees grown on non-forest or private land

Statsguru: MPC holds interest rates

Headline retail inflation, as measured by the consumer price index, had risen to a seven-month high of 3.6 per cent in October

What is the treatment of sales return under GST law?

If due to any issue, the goods are returned by the customer to the supplier, these can be sent back under cover of a delivery challan

Voters in ceramic capital harden against BJP

Factory owners refuse to criticise party in public, but Patidars raise the cudgels

RIC meet in Delhi tomorrow: India, China, Russia to discuss pressing issues

It will be first high-level visit from China to India after Doklam standoff; Sushma Swaraj will hold a meeting with Wang Yi

Delhi pollution: NGT slams DPCC for nod to Art of Living's event on Yamuna

NGT held AoL responsible for environmental degradation of Yamuna floodplains by holding cultural extravaganza last year

Make in India, Nitin Gadkari tells Japanese seaplanes manufacturer Setouchi

The trial flight, conducted by SpiceJet, was carried out with Setouchi's 10-seater Kodiak Quest 1000 seaplane