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Economic Times: Indian Economy

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News on Indian Economy, Economic Indicators, Government Policy for Economy, Industries Fiscal & Monetary Measures. News & analysis on Domestic and International Trade, National and State Finances, Budget, Government Regulation, Monetary Policy, RBI Rates, Interest Rates, CRR, Indian Trade, Monetary and Industrial Policy.
Updated: 54 min 58 sec ago

Launching Rs 200 note will fill missing middle: SBI Report

2 hours 54 min ago
Cash with banks, a CIC component, has however witnessed a decline over November 2016 level, said the State Bank of India Ecowrap report.
Categories: India News

India likely to clock 7.5% growth this fiscal: Arvind Panagariya

2 hours 54 min ago
"China is experiencing very high wages and is already quitting some of the space in these labour intensive sectors. It is a good time for India to move into those sectors," Panagariya said.
Categories: India News

Don't curry political favours for transfers, CBDT tells taxmen

2 hours 54 min ago
CBDT, in a July 21 order, has asked officers to "avoid making such attempts" else action will be initiated against them under service and conduct rules.
Categories: India News

RBI to lease currency verification systems to weed out fake notes

2 hours 54 min ago
Earlier in May, the Reserve Bank of India had floated a global tender for leasing of 18 Currency Verification and Processing System.
Categories: India News

Anti-dumping duty likely on import of a chemical from China

3 hours 54 min ago
India has also imposed similar duties on import of several other products including steel, fabrics and chemicals from different countries including China.
Categories: India News

Government to open lateral entry door for private sector specialists

3 hours 54 min ago
About 48 lakh employees work in various central government departments. Over 4.2 lakh posts were vacant as on March 1, 2015, according to latest data.
Categories: India News

CBEC officials unhappy with Bengal's e-way bill

3 hours 54 min ago
"West Bengal is one of the two states in the country which has already introduced e-way bill. We have urged the state to keep the procedure on hold until it is rolled out by the Centre and across the states," a CBEC official said.
Categories: India News

Business houses get time till August 16 to opt for GST composition scheme

Sat, 07/22/2017 - 1:00pm
The government is mindful of the concerns of tax payers, especially the small taxpayers, arising from transition to the GST regime from July 1, 2017, the ministry said.
Categories: India News

Money flow into financial savings increased post note ban: Viral Acharya

Sat, 07/22/2017 - 9:00am
"Insurance premium collection is on rise since November. If it continues, it will change the valuation of financial assets," Viral Acharya said.
Categories: India News

Cleaning of banks' balance sheet top priority: Viral Acharya

Sat, 07/22/2017 - 8:00am
The gross NPAs of the public sector banks were more than Rs 6.41 lakh crore at March-end. The gross NPAs of the banking sector stood at around Rs 7.28 lakh crore.
Categories: India News

India's smart cities plan can adversely impact environment: Study

Sat, 07/22/2017 - 7:00am
As per a study, the detrimental environmental impact due to smart cities would increase at a greater rate than the population.
Categories: India News

Demonetisation, GST to widen tax base, make cash dealing difficult: FM Arun Jaitley

Sat, 07/22/2017 - 5:00am
Jaitley said the govt has come out with laws to contain overseas black money as well as those dealing with domestic black money and cracking down on shell companies.
Categories: India News

India strategic as transit point for south Asia: WCO secretary

Sat, 07/22/2017 - 2:00am
The national plan would be monitored by the steering committee, the operational arm of the NCTF, co-chaired by the revenue secretary and commerce secretary.
Categories: India News

India, China seek reduction in farm subsidies by West

Sat, 07/22/2017 - 1:00am
Earlier this week, the two countries put out a joint proposal to revive talks on a more balanced set of rules for global farm trade in the run up to a meeting of ministers in December.
Categories: India News

So far, 76 lakh businesses, service providers register with GSTN

Sat, 07/22/2017 - 1:00am
A large number of businesses did not have to register as the threshold for GST was pegged at Rs 20 lakh, twice the level for VAT.
Categories: India News

GST Networks to analyse statistics of registered taxpayers

Fri, 07/21/2017 - 5:00pm
“We would also be studying trends in various sectors - production types, or turnover for certain commodities such as steel or coal or anything else,” GSTN Chairman said.
Categories: India News

GST Council to examine sectoral issues in August 5 meet

Fri, 07/21/2017 - 3:00pm
The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, will meet on August 5 to review implementation of the new tax regime.
Categories: India News

DoT kicks off telecom policy discussions

Fri, 07/21/2017 - 3:00pm
Based on the inputs received, DoT will constitute working groups in the coming weeks to look into different aspects.
Categories: India News

Ex-Cabinet secy 'regrets' over introducing GM cotton in India

Fri, 07/21/2017 - 2:00pm
"In 1990s, I introduced GM cotton in India. Twenty years later, I regret...I am responsible for suicide of thousands of cotton farmers," Subramanian said.
Categories: India News

New pension scheme offers 'respectable' returns to elders: FM Arun Jaitley

Fri, 07/21/2017 - 2:00pm
PMVVY is a pension scheme exclusively for senior citizens (aged 60 years and above) which is available from May 4, 2017 to May 3, 2018.
Categories: India News

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