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Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

Business

India-'s services activity contracts for second straight month in...

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 12:55 PM IST

First, the World Trade Organisation (WTO) is now in a state of stalemate. After 1995, while developing countries were forced to reduce their export subsidies and import tariffs in agriculture, developed countries refused to reciprocate.

Business

RCEP deal may hurt India-'s export competitiveness: TPCI

India-'s imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as...

5 Nov 2019 11:54 AM IST

The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.

Business

Muted Diwali demand, GDP growth may fall to 5.8 pc: BofAML

Lack of consumption is seen as one of the key factors pulling down growth.

4 Nov 2019 4:28 PM IST

Business

Germany to invest 1 billion euros for green urban mobility in India

It would be a good idea to replace diesel buses in Delhi with electric buses, said German Chancellor Angela Merkel.

2 Nov 2019 3:31 PM IST

The total number of GSTR 3B returns (summary of self-assessed return) filed for the month of September (up to October 30) was 73.83 lakh.

Business

GST collections remain subdued at Rs 95,380 cr in October

The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.

1 Nov 2019 3:52 PM IST

During the April-September period, the growth of core industries fell to 1.3 per cent against 5.5 per cent in the year-ago period.

Business

Core sector output shrinks by 5.2 per cent in September

The eight core sectors had expanded by 4.3 per cent in September 2018.

31 Oct 2019 5:30 PM IST

South Africa, India, Mexico, Tanzania and Uruguay were among the top countries that safeguard e-money via some sort of deposit insurance or protection. (Photo: File | UNDP Website)

Business

India among nations with most conducive environment for financial...

As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.

31 Oct 2019 3:03 PM IST

$After India jumped 14 positions to be ranked 63rd in the World Banks ease of doing business, Union Minister Piyush Goyal on Thursday congratulated Prime Minister Narendra Modi for the \path breaking improvements\ in the countrys business environment. (Photo: File)$ Business