Home » Business » Economy

Economy - Page 448

Gold for delivery in far-month June shed Rs 19 or 0.07 per cent to Rs 28,308 per 10 grams

Banks to pay 3 per cent IGST on gold imports but can seek ITC: CBEC

GST is payable at the rate of 3 per cent of the total transaction value of jewellery.

21 Aug 2017 4:13 PM IST

Bolstered by substantial rains brought by the South-West monsoons last month, farmers are going in for increased paddy cultivation in Visakhapatnam district besides oil seeds and cash crops. (Representational image)

Over 90 lakh farmers benefited from crop insurance scheme

Over Rs 7,700 crore have already been paid to farmers under the Pradhan Mantri Fasal Bima Yojana.

21 Aug 2017 4:00 PM IST

Union Finance Minister, Arun Jaitley and Revenue Secretary Hasmukh Adhia at the 6th Goods and Services Tax (GST) Council meeting in New Delhi on Sunday. (Photo: PTI)

FinMin asks taxmen to submit note on high-pitched assessments

The move is part of the government attempt to address taxpayer grievances.

21 Aug 2017 3:53 PM IST

Watch: Piyush Goyal shows Russian road as 'development', trolled

Goyal had listed Modi govt's achievement of illuminating 50,000 km of Indian roads with LED lights.

21 Aug 2017 3:39 PM IST

The Director General of Civil Aviation has rolled back certain charges, which will make flying cheaper for domestic air passengers from non-major airports.

Green nod to Rs 2K cr Bhogapuram international airport in Andhra...

Central government has also given green nod for another proposal which aims to extend Runway 26 at Vijayawada airport.

21 Aug 2017 2:46 PM IST

TRAI is likely to release a discussion paper on spectrum auction this week. Photo: PTI

Trai's discussion paper on spectrum auction likely this week

Telecom department sought Trai's views on spectrum price for various frequencies, including unsold airwaves in 700 MHz...

21 Aug 2017 1:10 PM IST

CPI inflation fell to a series low of 1.5 per cent in June 2017. (Photo: PTI)

Retail inflation to be well within RBI's 2-6 per cent target: BofAML

However, global brokerage firm adds inflationary pressures are expected to remain contained by good rains.

21 Aug 2017 1:08 PM IST

FMCG companies wants see a revival in consumer confidence and create demand both in urban and rural markets. (Photo: Representational Image)

Consumer confidence in India drops in April-June: Nielsen

Cautionary spending by consumers towards end of 2016 still had some impact on quarter under consideration.

21 Aug 2017 12:26 PM IST

The implementation of GST and increased surveillance post demonetisation will help increase the tax-GDP ratio to 11.9 per cent by 2019-20, said the government. (Representational Image)

Hike in upfront payment in tax disputes harsh: Experts

Experts opined that the hike in deposits is aimed at reducing the frivolous appeals by taxpayers.

20 Aug 2017 5:48 PM IST

All unions under the aegis of UFBU have threatened to go on strike against the governments proposed consolidation move on Tuesday. Photo: PTI/ Representational

Banks stare at union strike on Tuesday, services may be hit

Most banks have already informed their customers that functioning of branches will be impacted if the strike takes off.

20 Aug 2017 4:41 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTI

FPIs pull out from Rs 7,344 crore from equities in August

This outflow is attributed to geo-political tension between the US and North Korea and a deadly attack in Spain.

20 Aug 2017 3:31 PM IST

The flash report provides details on the status of the 1,231 central infrastructure projects that cost Rs 150 crore and above.

322 infra projects see cost overrun of Rs 1.71 lakh crore: Report

The flash report provides details on the status of the 1,231 central infrastructure projects that cost Rs 150 crore and...

20 Aug 2017 3:11 PM IST