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Updated: 30 min 27 sec ago
The raw material has to be necessarily imported because India hardly has any nickel resources, the association said
While large private lenders will still be impacted due to higher provisions, we believe the pain will be relatively lower during the quarter
As much as 81.3% of R&D expenditure incurred by central government sources came from just eight major scientific agencies
Netanyahu showered praise on Modi saying he is a 'revolutionary' leader who has catapulted India into the future
Deals signed included subject areas like homeopathic research, film production and cyber security. Defence cooperation remained under wraps
Ensure that Aadhaar enrolment centres are accessible to the elderly and wheelchair users; train the staff to be more sensitive to differently-abled people
Ahead of the announcement of Union Budget 2018, Tech Industry leaders share their concerns and demands
This bench would hear the issue of the ban on the entry of women between 10 and 50 years of age in Kerala's Sabarimala temple
The two announced their intention to merge to create an entity having Rs 880 billion in assets under management
Housing finance companies (HFCs) and public sector banks (PSBs) experienced a slowdown in housing loan disbursements during 2016-17
The comment comes at a time when banks have been lobbying with the central bank to allow spreading their treasury losses over a few quarters
But economists also say from now on minutes of the six-member Monetary Policy Committee meeting will make interesting reading
In the first three quarters of this fiscal year, WPI inflation has averaged 2.9 per cent, compared with 0.7 per cent in the corresponding period a year ago
The HC has sent a notice to the state government, asking it to explain its scheme of entertainment tax
The banks need to manage the interest rate risks in a better way, he said
Recently, World Bank had also projected India's growth rate in 2018 at 7.3 per cent and 7.5 per cent in the next two years
The finance ministry may consider taxing dividend in the hands of shareholders and do away with the dividend distribution tax (DDT) in the Budget to be unveiled on February 1, EY India said today.
In its pre-Budget expectations, EY said DDT has become burdensome for corporates due to various factors such as high rate, litigation on disallowance and hence the return on capital employed has significantly diminished.
"There is a strong stock market momentum and the government may not risk to slow down the same by introducing long term capital gains tax on equities market," EY India Partner & National Leader, Business Tax Services, Garima Pande said.
In the Budget 2015-16, Finance Minister Arun Jaitley had said that the basic rate of corporate tax in India at 30 per cent is higher than the rates prevalent in other major Asian economies, making domestic industry uncompetitive, and it would be brought down to 25 per cent over four years.
"Corporate income tax rate ...
There is a need to revisit the corporate tax rate in Union Budget 2018-19, to be presented to Parliament on February 1: Expert
It has currently factored in no change in rates in 2018 and two 25 basis points hikes next year
The pace of growth in export declined by a little more than half in December as compared to November, even as these grew by double-digits for a second month in a row.At $27 billion, export was up 12.4 per cent in December compared to 30.5 growth in November. The December figure has again prompted exporters to air grievances about refunds in the goods and services tax (GST) regime. However, they say the country is on course to meet the target of $300 billion in 2017-18.The growth rate declined in refinery products, engineering, electronics and gems & jewellery, among others. For instance, oil export growth declined to 25.1 per cent, from 47.7 per cent in November; engineering goods to 25.3 per cent, from 43.8 per cent; electronics to 4.8 per cent, from 26 per cent; and gems & jewellery to 2.4 per cent, from 32.7 per cent. Agriculture produce added to the items which contracted in December, due to subdued demand globally. Import rose 21.1 per cent in December to $41.9 bn due to .