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Economy - Page 479

GSTN is a not-for-profit, non-government, private limited company promoted by the central and state governments with the specific mandate to build the IT infrastructure and the services required for implementing GST.

GSTN portal begins invoice uploading for businesses

Taxpayer has limited number of invoices, he can directly enter the details at the GST portal.

25 July 2017 10:46 AM IST

Over 2 lakh traders have enrolled into the GST network but there are many who still have to finish the formalities.

Business confidence dips 13 per cent over GST confusion

Only 63 per cent of the respondents expect the volumes of sale to increase in July-September period as compared to 78...

25 July 2017 12:33 AM IST

The unions have demanded to ensure supply of adequate cash to all banks and branches, restore all ATMs without further delay and ensure transparency in cash supply to banks.

Unbanked: 19 per cent of India's population financially excluded, says...

However, government and Reserve Bank of India have made several concentrated efforts to promote financial inclusion.

24 July 2017 9:10 PM IST

Job insecurity caused by news of layoffs all around them is pushing many IT professionals into severe anxiety and depression.

Less than 1 per cent of registered job seekers got placed: Labour...

Of all the registered 4,48,52,500 job aspirants, only 2,53,900 were placed.

24 July 2017 7:07 PM IST

Union minister Bandaru Dattatreya

IT startup workers entitled to PF under labour law: Dattatreya

He said various government schemes are specifically targeted towards unorganised workers to give them social security.

24 July 2017 5:55 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Trade deficit with China marginally dips to $51 billion in 2016-17

India's bilateral trade with China stood at USD 71.48 billion in 2016-17.

24 July 2017 4:33 PM IST

The IMF wants advanced economies like Germany and the United States to channel more public spending into infrastructure investment to help boost global growth. (Photo: AFP)

India to grow faster than China in 2017 and 2018: IMF

International Monetary Fund has retained India's GDP forecast at 7.2 cent for the current fiscal.

24 July 2017 3:47 PM IST

Union Commerce Minister Nirmala Sitharaman. (Photo: ANI/Twitter)

FDI up 23 per cent at USD 10 billion during April-May: Sitharaman

Sitharaman informed that India has received USD 182.4 million FDI in food products during April- May period.

24 July 2017 3:32 PM IST

Finance minister Arun Jaitley

Jaitley introduces bill to replace Banking Regulation Ordinance

Measure allows RBI to initiate insolvency resolution process on specific stressed assets.

24 July 2017 2:11 PM IST

Tea planters of Darjeeling approached Tea Board seeking financial assistance due to loss of the premium second-flush crop.

Darjeeling tea planters seek assistance from Tea Board

Month-long shutdown in hills, resulted in a huge revenue loss, estimated between Rs 150 crore to Rs 200 crore.

24 July 2017 1:53 PM IST

Here is a wake-up call for engineering education in India. The time has come for it to re-invent itself, if only to survive in the extremely dynamic ecosystem, which is increasingly becoming nimble, agile and to some extent mercurial in character.

Banks release higher loans for education despite non-payment spike

Education loans stood at Rs 20,000 crore in FY17 up from Rs 17,000 crore a year ago.

24 July 2017 11:29 AM IST

The IMF downgraded its outlook for advanced economies this year by 0.2 percentage points to 1.6 percent but raised it slightly for emerging and developing economies to 4.2 percent.

IMF keeps global growth forecasts; China, eurozone revised higher

Global gross domestic product would be 3.5 per cent in 2017 and 3.6 per cent in 2018.

24 July 2017 9:52 AM IST