Top
Home » Business » Economy

Economy - Page 352

Reserve Bank of IndiaBusiness
Govt lobbies for RBI rate cut before March: Finance Ministry sources

At its last meeting in October, the Monetary Policy Committee left repo rate at 6 per cent, near a seven-year low.

28 Nov 2017 1:10 PM IST

N K Singh newly appointed Chairman of 15th Finance Commission.Business
New Finance panel to study impact of GST on finances: N K Singh

New Finance Commission will cover five-year period commencing April 1, 2020.

28 Nov 2017 9:20 AM IST

GST collections in November slipped to Rs 83,346 crore as recorded up till November 27, from over Rs 92,000 crore last month. (Photo: PTI)Business
GST collections dip to Rs 83,346 crore in October

The Centre had promised the states that it will pay them for any loss in revenue due to GST roll out for next five...

28 Nov 2017 12:23 AM IST

India Ratings and Research (Ind-Ra) logoBusiness
Less deficit pain likely: Ind-Ra

The government has reiterated its commitment to narrow down the fiscal deficit to 3.2 per cent for fiscal 2018.

28 Nov 2017 12:20 AM IST

Railways minister Suresh PrabhuBusiness
Centre to set up new unit to boost exports

The government is planning to set up an organisation to promote Indian exports to different geographies.

27 Nov 2017 11:34 PM IST

The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo:Business
Note ban: I-T dept to launch assessment of defaulters from Jan

CBDT has asked the taxman to finish the process of serving notices to such entities by December 31.

27 Nov 2017 8:50 PM IST

GST collections in November slipped to Rs 83,346 crore as recorded up till November 27, from over Rs 92,000 crore last month. (Photo: PTI)Business
GST collections dip in November to Rs 83,346 crore on lower rates

About 50.1 lakh GST returns have been filed for the month of November, a finance ministry statement said.

27 Nov 2017 8:34 PM IST

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: AFP/Representational)Business
Divestments,rising GST mop-up to lower fiscal deficit pains

The report said the government's divestment strategy has a potential to generate Rs 1 trillion.

27 Nov 2017 7:32 PM IST

Union Minister for Railways Suresh PrabhuBusiness
Prabhu asks industry to set a timeline for USD 1 trillion mfg revenue

The Manmohan Singh government had set a target of taking manufacturing in GDP share to 25 per cent by turn of 2025.

27 Nov 2017 6:15 PM IST

Diversified conglomerate ITC on Thursday reported an increase of 7.37 per cent in standalone net profit to Rs 2,560.50 crore for Q1.Business
ITC says biggest headroom for growth in FMCG business

ITC says it would explore newer areas progressively, similar to what it did with the fruits, vegetables and dairy...

27 Nov 2017 5:38 PM IST

The Economic Survey on Friday warned against farm loan waivers.Business
Farm loan waivers have no impact on states' borrowing cost: report

States borrow from the markets through state development loans (SDLs) to fund their fiscal deficit.

27 Nov 2017 5:23 PM IST

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.Business
Bubble or breakthrough? Bitcoin keeps central bankers on edge

Private currencies threaten their control of banking system, which could undermine monetary policies used to manage...

27 Nov 2017 2:23 PM IST

X