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Economy - Page 357

Equity mutual funds registered a record inflow of Rs 20,362 crore in August.

Retail investors push equity MF inflow to Rs 16,000 cr in Oct

This has taken the total inflow into such funds to over Rs 96,000 crore in the first seven months of the ongoing...

22 Nov 2017 3:04 PM IST

Despite the Centre releasing Rs 550 crore for NREGS in August last year, officials are facing shortage of funds to pay the wages. (Representational image)

Cabinet gives nod to wage policy framework for CPSE workers

Government would not provide any budgetary support for any such wage increase.

22 Nov 2017 2:26 PM IST

COAI has asked the UIDAI for more time to operationalise new modes like OTP for Aadhaar- based re-verification of mobile subscribers SIMs.

COAI seeks more time for OTP-based Aadhaar-SIM linking process

The government announced last month that Aadhaar-based verification of existing SIMs can be done via OTP-based method.

22 Nov 2017 1:54 PM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)

After Rs 500, Rs 1,000, Modi govt may soon ban cheque books

The Narendra Modi government had in 2016 banned the use of Rs 500 and Rs 1,000 notes to move towards a digital economy.

22 Nov 2017 11:03 AM IST

A scene from a vegetable market in Chalai. Picture used for representative purpose.

Tighten belt now, GST may soon deliver

All initial claims made about the GST regime have been belied. GST has not brought down prices nor has it raised the...

22 Nov 2017 6:22 AM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: GSTN website screengrab

GST filing to get simpler: GSTN chairman-led panel to consult experts

The committee headed by GSTN Chairman Ajay Bhushan Pandey has been tasked with simplification of GST returns.

21 Nov 2017 3:47 PM IST

Oil Minister Dharmendra Pradhan on Tuesday asked state-run oil companies to boost supply of gas and alternative fuels in states where petroleum coke and furnace oil are banned due to high emissions.

India asks state oil firms to boost gas supply to petcoke ban-hit...

India imports about half of its annual consumption of 27 million tonnes of petcoke, Dharmendra Pradhan said in a tweet.

21 Nov 2017 3:20 PM IST

The projects are strategically situated in CEZs (Coastal Economic Zone) with proximity to ports and will give boost to the EXIM trade for food processing sector. (Photo: Representational Image)

'India's food processing sector may attract $33 billion by 2024'

Country's food and retail market is expected to touch USD 482 billion by 2020.

21 Nov 2017 12:59 PM IST

Prices of eggs have skyrocketed in the past month owing to a surge in demand with the result that eggs have now become almost as costly as chicken. (Photo: AFP)

Unscrambling the egg price hike: 3 reasons why rates have been rising

Poultry farmers in Mumbai have been selling eggs at a monthly average of Rs 582 per 100 eggs in November.

21 Nov 2017 11:07 AM IST

The scrip of Allcargo Logistics surged 7 per cent, Snowman Logistics soared 5,49 per cent, Gati jumped 4.44 per cent, Arshiya (3.82 per cent) and VRL Logistics (3.71 per cent) on BSE.

Infra status: Logistics players hail move, see 50 bps savings

Move will lead to better access to funds and a consequent rise in investments for industrial parks, warehouses and...

20 Nov 2017 7:59 PM IST

ETF saw bids of nearly Rs 32,000 crore coming in, with FIIs bidding for one-third of the money.

Govt raises Rs 14,500 crore from Bharat-22 ETF

Government has set an ambitious target of raising Rs 72,500 crore for disinvestment in current fiscal.

20 Nov 2017 7:13 PM IST

NITI Aayog has been urging states to improve infrastructure and encourage public private projects.

GST, note-ban have lowered cities' real estate ranking: report

Most international investors prefer commercial property in India, with cap rates averaging between 8.5 and 8.75 pc.

20 Nov 2017 7:05 PM IST