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Page 614 - Economy & Policy News

Global accounting firms setting up investment in smaller Indian cities

For decades, large multinational corporations have rushed to India's biggest metropolises, chiefly Mumbai, Delhi and Bengaluru

Global accounting firms setting up investment in smaller Indian cities
Updated On : 12 Jul 2023 | 10:34 AM IST

GST Council okays 28% tax on online gaming, casinos and horse racing

To be levied on full face value; effective roll-out after amendments to GST law

GST Council okays 28% tax on online gaming, casinos and horse racing
Updated On : 11 Jul 2023 | 11:24 PM IST

GST Council decides to levy uniform taxation for utility vehicles

India's Goods and Services Tax (GST) Council said that uniform taxation would be levied on multi-utility vehicles and sports utility vehicles, according to a statement

GST Council decides to levy uniform taxation for utility vehicles
Updated On : 11 Jul 2023 | 11:42 PM IST

Cinema industry welcomes cutting GST rates on food served in movie theatres

Multiplex operators welcomed GST Council's decision to lower tax rates on food and beverages sold in cinema halls, saying it will help in revival of theatre business post-Covid and avoid litigations

Cinema industry welcomes cutting GST rates on food served in movie theatres
Updated On : 11 Jul 2023 | 11:39 PM IST

CBDC QR code to be interoperable with UPI by July-end: RBI T Rabi Sankar

Aims for 1 million CBDC transactions by year-end

CBDC QR code to be interoperable with UPI by July-end: RBI T Rabi Sankar
Updated On : 11 Jul 2023 | 11:31 PM IST

Piyush Goyal meets UK counterpart to discuss free trade agreement

Goyal was on a two-day visit to the UK, which began on July 10

Piyush Goyal meets UK counterpart to discuss free trade agreement
Updated On : 11 Jul 2023 | 10:51 PM IST

GST Council meeting: Firms say 28% tax on online gaming a killer blow

Industry stakeholders, including gaming companies and industry bodies, expressed discontentment

GST Council meeting: Firms say 28% tax on online gaming a killer blow
Updated On : 11 Jul 2023 | 9:29 PM IST

RBI eyes 1 mn digital currency transactions daily by year-end: DG

The RBI has devised the e-rupee as a digital alternative to physical cash - using blockchain distributed-ledger technology

RBI eyes 1 mn digital currency transactions daily by year-end: DG
Updated On : 11 Jul 2023 | 9:49 PM IST

415 million Indians lifted out of poverty in 15 years: UNDP report

Those at the bottom of the pyramid are among those seeing the most progress, says UNDP report

415 million Indians lifted out of poverty in 15 years: UNDP report
Updated On : 11 Jul 2023 | 11:28 PM IST

Monsoon fury: Soaring veggie prices in India stoke inflation fears

Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month

Monsoon fury: Soaring veggie prices in India stoke inflation fears
Updated On : 11 Jul 2023 | 10:46 PM IST

Bangladesh, India launch trade transactions in rupees to lower dollar use

Bangladesh and India on Tuesday launched a much-anticipated trade transaction in rupees, a move aimed at reducing dependence on the US dollar and strengthening regional currency and trade

Bangladesh, India launch trade transactions in rupees to lower dollar use
Updated On : 11 Jul 2023 | 10:20 PM IST

RBI governor Shaktikanta Das asks bank CEOs to focus on governance

Discusses large exposures, recoveries from written-off accounts

RBI governor Shaktikanta Das asks bank CEOs to focus on governance
Updated On : 11 Jul 2023 | 8:27 PM IST

LIVE: Another cheetah dies at Kuno National Park, 7th in five months

Catch all the latest updates from across the globe

LIVE: Another cheetah dies at Kuno National Park, 7th in five months
Updated On : 11 Jul 2023 | 8:09 PM IST

Critical minerals supply could pull close to demand by 2030, says IEA

Clean tech minerals market surges to $320 billion in 2022

Critical minerals supply could pull close to demand by 2030, says IEA
Updated On : 11 Jul 2023 | 9:44 PM IST

Data protection bill widens the scope of 'deemed consent' for govt schemes

Recent data breaches have been of government websites such as AIIMs, CoWin

Data protection bill widens the scope of 'deemed consent' for govt schemes
Updated On : 13 Jul 2023 | 10:11 PM IST

Capital expenditure by CPSEs touches 32% of target in first quarter

NHAI and Railways start the capex cycle on a stronger note

Capital expenditure by CPSEs touches 32% of target in first quarter
Updated On : 11 Jul 2023 | 8:08 PM IST

RBI governor asks banks to remain extra careful, focus on governance

The governor held meetings with the MD and CEOs of public sector banks and select private sector banks

RBI governor asks banks to remain extra careful, focus on governance
Updated On : 11 Jul 2023 | 7:19 PM IST

GST Council decides to impose 28% tax on turnover of online gaming firms

Sitharaman said the tax will be levied on the entire value

GST Council decides to impose 28% tax on turnover of online gaming firms
Updated On : 11 Jul 2023 | 7:15 PM IST

Industry body seeks exemption for fizzy fruit-based drinks from sin tax

The IBA is also holding discussions with the FSSAI, to differentiate the standards for sugar-free drinks and sugary beverages

Industry body seeks exemption for fizzy fruit-based drinks from sin tax
Updated On : 11 Jul 2023 | 7:01 PM IST

Resolution of disputes a hurdle in India-UK investment pact talks

UK wants exhaustion of local remedies clause tweaked; India stand non-negotiable

Resolution of disputes a hurdle in India-UK investment pact talks
Updated On : 11 Jul 2023 | 7:18 PM IST