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A slow traffic movement was witnessed near Lakdikapool, RTC X Road, Ramanthapur and Shivam Road towards Amberpet 6 No Junction. (Representational image)Business
Nitin Gadkari to kick off Rs 260-crore project to decongest Delhi

Ministry of Defence has agreed to transfer 13 acres to National Highways Authority (NHAI) for the project.

12 Aug 2017 8:34 PM IST

The Madhya Pradesh government on Saturday made it clear that petroleum products will not be brought under the ambit of GST.Business
Madhya Pradesh will not bring petroleum products under GST

Jayant Mallaiya admitted that tax rate on petroleum products in state is on higher side and gave a justification for it.

12 Aug 2017 6:32 PM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)Business
No plans to raise wheat import duty from current 10 per cent: Paswan

Earlier, duty was raised to curb shipments in view of record output at around 97.44 MT in 2016-17 crop year.

12 Aug 2017 6:09 PM IST

State for Finance Arjun Ram MeghwalBusiness
GST slabs rationalisation will depend on revenue buoyancy: Meghwal

Presently, there are five tax slabs including exempted category at zero, 5, 12, 18 and 28 per cent.

12 Aug 2017 5:11 PM IST

There are no plans to allow further imports of the sweetener at zero duty, said Food Minister Ram Vilas Paswan.Business
No plans for duty-free sugar imports, country has enough stock now:...

Paswan said prices are stable now and are expected to remain so in the coming festival season.

12 Aug 2017 4:53 PM IST

Coal mining is a major sector that contributes significantly to GDP. (Photo: PTI)Business
Read why Economic Survey says 6.75-7.5 per cent GDP growth is...

Farm loan waivers, tougher monetary policy, GST rollout may leave cascading effect on overall economy.

12 Aug 2017 3:13 PM IST

Unusual cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTIBusiness
Note ban effect: Unusual cash deposits of Rs 1.7 lakh cr found, says...

According to an RBI research paper, excess deposits accrued due to demonetisation are in the range of Rs 2.8-4.3...

12 Aug 2017 12:37 PM 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.Business
Meeting 7.5 per cent GDP target to be tough; RBI, loan waiver blamed

This shows the huge challenge before the Narendra Modi govt to revive the economy, particularly before 2019 general...

12 Aug 2017 3:01 AM IST

Telecom Regulatory Authority of IndiaBusiness
Non-interoperability of data platforms a concern: Trai chief

He said while the rapidly-evolving digital world has brought immense advantage, it has also thrown up new posers for...

11 Aug 2017 8:58 PM IST

India Inc on Friday said the Economic Survey has rightly reflected a \combination of optimism and anxiety\ towards the countrys growth outlook. Photo: PTIBusiness
Economic survey reflects optimism, anxiety: Industry bodies

Industry bodies CII, FICCI and Assocham also hailed steps taken by the government to resolve the 'twin balance sheet'...

11 Aug 2017 8:34 PM IST

SnapdealBusiness
Complexity of deal derailed Flipkart-Snapdeal talks: Sources

Last month, Snapdeal called off the USD 950 million-merger discussions with larger rival, Flipkart.

11 Aug 2017 8:13 PM IST

Indian ships saw a sharp decline in their share in carriage of countrys overseas trade.Business
Indian ships lose share in country's overseas trade: Economic Survey

It said the existing Indian fleet is ageing with average age increasing from 15 years in 1999 to 19.3 years in 2017.

11 Aug 2017 7:57 PM IST

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