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Budget may hike I-T exemption threshold, levy 40 pc tax on income over Rs 10 cr: KPMGBusiness
Budget may hike I-T exemption threshold, levy 40 pc tax on income over...

The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across...

30 Jun 2019 12:33 PM IST

RBI relaxes leverage ratio for banks to boost their lending capacityBusiness
RBI relaxes leverage ratio for banks to boost their lending capacity

In terms of the framework on LR put in place by RBI, banks have been monitored against an indicative LR of 4.5 pc.

29 Jun 2019 11:24 AM IST

Current account deficit inches up to 2.1 pc but more than halves in Q4Business
Current account deficit inches up to 2.1 pc but more than halves in Q4

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for...

28 Jun 2019 6:55 PM IST

BRICS leaders call for transparent, inclusive international tradeBusiness
BRICS leaders call for transparent, inclusive international trade

The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up...

28 Jun 2019 6:34 PM IST

Government to celebrate 2nd anniversary of GST on July 1Business
Government to celebrate 2nd anniversary of GST on July 1

GST, which subsumed 17 local levies, was rolled out on the intervening night of June 30 and July 1, 2017.

28 Jun 2019 4:07 PM IST

G-20 Summit: Modi says one-sided decisions drive development of global economyBusiness
G-20 Summit: Modi says one-sided decisions drive development of global...

Development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system.

28 Jun 2019 10:00 AM IST

RBI calls for greater surveillance on too-big-to-fail NBFCsBusiness
RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs-' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM IST

Digital India programmeBusiness
Government expenditure under Digital India at Rs 3,328 cr in 2018-19:...

Electronics and IT Minister Ravi Shankar Prasad gave this information in a written reply to the Rajya Sabha.

27 Jun 2019 6:42 PM IST

Goyal asks ministries to work in coordination to cut logistics cost to 9 pc of GDPBusiness
Goyal asks ministries to work in coordination to cut logistics cost to...

Policy was prepared in consultation with ministries of railways, road transport and highways, shipping and civil...

27 Jun 2019 5:11 PM IST

By March 2020, banks’ gross NPAs to reduce to 8 per centBusiness
By March 2020, banks’ gross NPAs to reduce to 8 per cent

The banking system saw gross NPAs reaching a peak of 11.5 per cent in March 2018. In March 2019 NPAs stood at 9.3 per...

27 Jun 2019 1:57 PM IST

India won\t bargain national interest in trade talks with US: GoyalBusiness
India won-'t bargain national interest in trade talks with US: Goyal

India exported goods worth over USD 6 billion under GSP in 2018.

27 Jun 2019 9:41 AM IST

Data related to payments to be stored only in IndiaBusiness
Data related to payments to be stored only in India

The central bank also clarified that the data can only be shared with the foreign regulators after its approval.

27 Jun 2019 2:49 AM IST

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