Home » Business » Economy

Economy - Page 353

Shipping Minister Nitin Gadkari

India proposes USD 1 billion credit for connectivity with ASEAN

India has set up a project development fund of USD 77 mn to develop manufacturing hubs in Cambodia.

11 Dec 2017 3:57 PM IST

Almost all petrol companies are offering customers petrol-/diesel cards.

India's fuel demand rose 6.2 per cent in November

LPG sales increased 6.7 per cent to 2.00 million tonnes, while naphtha sales fell 6.1 percent to 1.01 million tonnes.

11 Dec 2017 3:23 PM IST

Retail inflation has picked up in October to a seven-month high, driven by faster rise in prices of food, fuel and housing.

India November inflation likely exceeded RBI's 4 per cent target

Higher inflation rate is unlikely to push the Reserve Bank of India to change its key rate any time soon.

11 Dec 2017 12:56 PM IST

Rajya Sabha members from the state have outperformed their Lok Sabha members in the matter of utilising development funds.

Fund-raising via debt placement up 32 per cent to Rs 51,000 cr in Nov

In the entire 2016-17 fiscal, the capital raked in through the route stood at Rs 6.4 lakh crore.

11 Dec 2017 12:40 PM IST

The top three reasons for looking for a job in India include, new skill development cited by 42 per cent of respondents, salary (40 per cent) and better working conditions (39 per cent). (Representational Image)

Pay hikes likely to be fatter in 2018: Expert

Adds hiring sentiments will continue on revival path.

10 Dec 2017 11:59 PM IST

While the Goods and Services Tax (GST) may have been rolled out in a grand manner a few months back, the current version still needs time to be perfect, an official said here on Friday.

After GST rate cut, Govt hints at reviewing taxes on items in top slab

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent.

9 Dec 2017 8:51 PM IST

The GHMC has issued red notices to City Central Mall, Big Bazaar at Himayatnagar and Topaz Building at Somajiguda for not paying property tax for over two years.

Direct tax collections rise 14 per cent to Rs 4.8 lakh crore in...

Gross collections have increased by 10.7 per cent to Rs 5.82 lakh crore during April-November, 2017.

9 Dec 2017 5:12 PM IST

Software engineers have been knocking on the doors of the Telangana Labour Department in the last few weeks seeking its intervention in the present job crisis in some IT companies.

Software service export grew 10.3 per cent in 2016-17: RBI

Export of software services excluding the one through commercial presence was USD 88 billion in 2015-16.

9 Dec 2017 11:58 AM IST

Finance Ministry

Law review panel to take final call on GST suggestions: Finance...

The next meeting of the Law Review Committee is due on Wednesday and Thursday.

9 Dec 2017 11:51 AM IST

An apologetic Bangalore Electricity Supply Company (Bescom) explained later that the unscheduled and intermittent power cuts were the result of various problems at the states power plants.

Industrial, commercial power tariff may plunge

Industrial and commercial consumers pay higher tariff to cross subsidise what other consumers pay,an official said.

9 Dec 2017 1:04 AM IST

The Economic Surveys second part, that was tabled by the government in Parliament on Friday, indicated that the economic growth was unlikely to accelerate in the current fiscal and it will be difficult for GDP to touch the higher rate of 7.5 per cent in 2017-18 as projected earlier.

India's GDP growth to rise to 7.5 per cent in 2018: Morgan Stanley

RBI in its fifth bi-monthly review for current fiscal on Dec 6, kept repo rate unchanged at 6 per cent.

8 Dec 2017 11:58 AM IST

N K Singh newly appointed Chairman of 15th Finance Commission.

N K Singh, Patel discuss devolution of taxes to Centre, states

Commission would be greatly benefited by analytical and domain knowledge of RBI in these specialised areas.

8 Dec 2017 10:41 AM IST