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The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it.

GST filing made easier with GSTmadeeasy

GSTmadeeasy is a complete end to end business solution which will take care of all GST related issues.

27 Jan 2018 11:11 AM IST

Maharashtra Governor Ch Vidyasagar Rao.

Maha clocked 9 per cent economic growth in last 4 years: Governor

Maharashtra continues to be the preferred investment destination for domestic as well as foreign investors.

26 Jan 2018 12:32 PM IST

The employees are on the warpath over the issue. They said that though the banks earned Rs 1.59 lakh crore profit in the last financial year, they suffered Rs 11,388 crore loss due to the bad loans. (Representational image)

PSU banks identify 41 overseas units for rationalisation

Govt announced that it will infuse an unprecedented Rs 88,139 crore capital in 20 PSBs before March 31.

26 Jan 2018 11:22 AM IST

Cash is back in the circulation as cashless transaction takes a backseat soon after the implementation of the Goods and Service Tax (GST).

GST collections reverse trend; rise to Rs 86,703 crore in December

As many as 56.30 lakh GSTR 3B returns have been filed for December.

26 Jan 2018 9:58 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: PTI/File)

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:13 PM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.

DIPP notifies FDI relaxation in several sectors

Cabinet had allowed 100 pc FDI in single brand retail and construction development under automatic route.

25 Jan 2018 10:55 AM IST

NITI Aayog CEO Amitabh Kant

'Name and shame' has helped improve states' business rankings: Kant

Government is using indices to achieve development goals and making states compete with one another.

25 Jan 2018 9:36 AM IST

Finance minister Arun Jaitley along with finance secretary Hasmukh Adhia is seen addressing the media in New Delhi on Thursday. (Photo: AP)

Government to infuse Rs 1 lakh crore into 20 public sector banks by...

Of this, Rs 80,000 crore will come through recap bonds and Rs 8,139 crore as budgetary support.

25 Jan 2018 12:53 AM IST

Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: ANI)

Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance...

Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for current fiscal.

24 Jan 2018 5:33 PM IST

Parliaments approval has been sought for meeting additional expenditure towards recapitalisation of Public Sector Banks.

Govt to infuse over Rs 88,000 crore in 20 public banks

During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 cr.

24 Jan 2018 5:01 PM IST

Raghuram Rajan, who exited RBI a year ago, had courted controversy in 2015 lecture where he talked about growing intolerance in India. (Photo: PTI)

West must share benefits of growth with emerging world: Rajan

Rajan also took on the economists who frown upon the idea of economic narratives.

24 Jan 2018 9:57 AM IST

Ratings agency Icra

Budget to focus on infrastructure not sops: Icra

We expect this Budget to utilise fiscal space to enhance spending rather than reduce direct taxes, said Icra.

24 Jan 2018 12:35 AM IST