Talking to reporters, Sinha also demurred Prime Minister Narendra Modi holding "pre-budget consultation", saying it is "unprecedented" and asked what the latter's Finance Minister is doing
Advance estimates show growth revival remains a daunting task
The Centre's mega-infrastructure plan may founder on a poor enabling environment as much as the availability of finance
Finance Minister Nirmala Sitharaman last month said no Merchant Discount Rate (MDR) charges will be applicable on transactions through homegrown RuPay and UPI platforms
Revenues for 2019-20 projected in the July Budget simply cannot be realised
The new provision is likely to come in Budget next month
The government wants universities to be safe for students, Sitharaman said
From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday
Finance ministry is working out mechanism to release the money, stuck after it sanctioned the amount to other ministries & departments for various projects and schemes, to prop up the sagging economy
Business Standard brings to you best of BS Opinion for the day
The ordinance to cut the corporation tax rate has said MAT provisions will not apply to a company which has exercised the option for a lower rate of tax
They were to pay 18.5 per cent MAT so far, but will now have to pay 15 per cent MAT
The Centre's budgetary support as a percentage of nominal GDP is expected to grow from 0.74% in 2019-20 to 1.11% in 2024-25
There is pressure on bankers to lend to spur the nation's GDP growth
From a CEO poll indicating that slowdown will worsen to hiring in IT sector, here are the top 10 business news headlines for the day
Nobody can anticipate, let alone predict, what Mr Modi will do in 2020.
Industry representatives asked officials to "create more freedom for industry to perform"
Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing
The newly formed Cabinet Committee on Investment and Growth held its first meeting on Monday as the government looked at boosting spending to bring back a sputtering economy on track. Sources said Prime Minister Narendra Modi chaired the first meeting of the CCIG, which was set up in June after the BJP won a second term in office. No details of the decisions taken at the meeting were immediately known. The panel has four other members -- Home Minister Amit Shah, Highways and MSME Minister Nitin Gadkari, Finance Minister Nirmala Sitharaman and Commerce & Railways Minister Piyush Goyal. The meeting came against the backdrop of GDP growth slowing to a six-year low of 4.5 per cent in the July-September quarter as the twin engines of investment and exports sputtered. Adding to the woes is a slowdown in consumption. This was the sixth consecutive quarter when the growth rate fell. Alongside CCIG, a Cabinet Committee on Employment & Skill Development headed by Modi was also ...
Private road developers in recent interactions with the Union ministry have expressed unwillingness to invest in Build, Operate and Transfer (BOT) projects which involve private capital