Page 2875 - Economy & Policy News

Demonetisation impact: 'Card transactions soar 84% in Sept to Rs 74,090 cr'

The transaction volume at all POSes clipped higher by 86% to 378 mn in September this year over the same period last year when it stood at 203 mn, European payment solutions provider Worldline said

Traders can edit Aug, Sept GSTR-3B returns from Nov 20

Sushil Modi-led GoM meet Infy boss Nandan Nilekani to discuss GSTN glitches

India Inc may add steam to save railway heritage assets

Currently, the railways spend about Rs 250-300 cr annually to maintain and manage its heritage assets

Centre doubles import duty on crude edible oil

Prices may rise Rs 5-6 per kg, traders see no big drop in imports

Nalco eyes African countries for strategic mineral assets

Company to form JV with MECL, HCL for overseas mineral hunt

Women to represent 52% entrepreneurs at GES in Hyderabad: Amitabh Kant

The GES in Hyderabad will be co-hosted by India and the US

Chidambaram mocks govt, says it termed Moody's ratings wonky few months ago

Moody's had on Friday upgraded the sovereign ratings by a notch to Baa2 with stable outlook, citing Modi's reforms

Economy is not out of woods despite Moody's rating upgrade, says Manmohan

Singh also cautioned that the soaring prices of the crude oil could 'hurt the fiscal system' of the country

Bulging stocks prompt govt to double wheat import duty

To shore up prices and send a positive signal to farmers to boost planting

Indian railway equipment merits rational GST rate: Tilak Raj Seth

Executive vice-president of Siemens in India talks about the effect of GST on the industry and about the company's plans for India

Small savings, big burden

The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore

Avoid falling prey to mis-selling of insurance

While Irdai can nudge the sector towards better practices, buyers need to view this as an instrument that provides risk cover, not as a tax saving or investment product

GST revenue collections in October at Rs 95,131 cr: Sushil Modi

This is a good indication. It shows the system is slowly stabilising, said Sushil Modi

Don't foresee more changes in GST rate structure in next few months: Adhia

As and when the need arises rates on other items may be changed: Adhia

NITI CEO lauds Moody's rating upgrade, says reforms will continue unabated

Moody's said the reforms undertaken by the government would lead to an enhanced business environment

Businesses can edit Aug, Sept GSTR-3B returns from November 20

The initial sales return in the Goods and Services Tax (GST) regime is filed by businesses in form GSTR-3B

Sitharaman asks Tamil Nadu for 50-yr supply plan for proposed defence parks

Defence minister calls for talks between industry and State on such a plan, for submission to Centre

Govt raises import duty on palm oil, soyoil to support farmers

World's biggest importer of edible oils also raised the import tax on crude soyoil to 30%

GST adversely impacting e-commerce businesses: Online player

The composition scheme under the GST allows a nominal tax of 2% to be paid by SMEs

Indian industry should draw up 50-yr plan for defence supplies: Sitharaman

Sitharaman said she has asked CII officials to hold discussions with the Tamil Nadu government and chart out a plan