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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: 16 min 58 sec ago

India, Afghanistan to Hold 4-day Trade Show in Delhi from Sep 27

7 hours 16 min ago
The show will feature Afghan entities from agriculture, health, education and energy sectors seeking trade and investment opportunities with India.
Categories: India News

Crop stubble burning likely to come down

7 hours 16 min ago
Officials estimate that crop stubble burning and the consequent air pollution would be 10-15% lower this year because of the government’s drive against the practice.
Categories: India News

Banks told to scan accounts of shell companies’ promoters, directors

8 hours 16 min ago
According to the latest figures released by RBI, loss incurred by banks due to frauds went up 72% to Rs 16,770 crore in 2016-17 from Rs 9,750 crore in 2012-13.
Categories: India News

Trading in bitcoins under taxmen, Enforcement Directorate lens

8 hours 16 min ago
Taxmen and the ED are also examining investments in cryptocurrency after the Indian government demonetised Rs 500 and Rs 1,000 notes in November last year.
Categories: India News

5,000 companies face queries on GST transition credit

8 hours 16 min ago
Taxmen suspect that some companies are misusing the provision and have filed fake returns to claim high transitional credits.
Categories: India News

Nodal agency on cards to help states solve digital fraud cases

8 hours 16 min ago
A senior home ministry official said forensic laboratories in the country too will be equipped with basic technology to handle such cases.
Categories: India News

Government sets terms for biz deregistering brands for lower GST

8 hours 16 min ago
Under the Goods and Services Tax (GST) regime rolled out from July 1, unpacked food grains like cereals and pulses are exempt.
Categories: India News

No GST on packaged food products if rights foregone on brand

9 hours 16 min ago
The provision also mandates that the entity print in indelible ink, both in English and local language on each such unit container.
Categories: India News

Currency with public to rise to Rs 16 lakh cr by March: Icra

9 hours 16 min ago
The impact of demonetisation was offset by the surge in demand and time deposits with banks, Icra said in a report.
Categories: India News

Suresh Prabhu says working on roadmap to create jobs through exports, fast tracking refunds

11 hours 16 min ago
The commerce ministry is expected to announce incentives to boost exports in the review of the foreign trade policy, which is scheduled to be released next month.
Categories: India News

IUC cut to hit telcos' biz by Rs 5k cr,2G calls to suffer: COAI

12 hours 16 min ago
Mathews contended that the assumption of the Telecom Regulatory Authority of India (Trai) that all operators should move towards VoLTE technology.
Categories: India News

There is unprecedented cutback in government expenditure on research: Prabhat Bezboruah, Chairman, TRA

12 hours 16 min ago
"The government commitment to us under the 49% formula which has been in effect since 1989 are around Rs 15 crore, which should tide us over," he said.
Categories: India News

Need revenue for public spending: Arun Jaitley on high oil taxes

12 hours 16 min ago
Maharashtra levies 46.52 per cent VAT on petrol, the .highest in the country. Andhra Pradesh has 38.82 per cent while Madhya Pradesh levies 38.79 per cent VAT on the fuel.
Categories: India News

Arun Jaitley asks business not to wait till last day to file GST returns

13 hours 16 min ago
Jaitley said the GST Network had no difficulty to upload returns till last night, but when 75 per cent of businesses throng the portal on a single day, there would be trouble.
Categories: India News

No shortage of sugar, won't allow prices to go up: Ram Vilas Paswan

14 hours 16 min ago
At present, retail prices of sugar are ruling firm at Rs 43 per kg, slightly higher than Rs 40 a kg in the year-ago period, as per the data maintained by the consumer affairs ministry.
Categories: India News

Package soon to boost economy; no cuts in fuel rates: Arun Jaitley

14 hours 16 min ago
On the current high transport fuel prices, Jaitley said it was a temporary spike caused by the supply-demand mismatch due to hurricanes that hit the US coast.
Categories: India News

Regulator has given its views, concerned players may explore remedies: Jaitley on IUC

14 hours 16 min ago
TRAI on Tuesday came out with a regulation cutting call-termination charges from mobile to mobile by over half to 6 paise per minute effective from October 1.
Categories: India News

Indian investments into GCC touching $3 billion: Report

15 hours 16 min ago
The GCC is a political and economic alliance of Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman. It was established in 1981.
Categories: India News

CFO optimism for July-September quarter at one-and-half year low: D&B

15 hours 16 min ago
Optimism among the CFOs (chief financial officers) deteriorated more for the financial performance of their companies compared to overall macroeconomic conditions .
Categories: India News

Cabinet approves 78 days productivity-linked bonus for rail employees

15 hours 16 min ago
The Union Cabinet on Wednesday approved 78 days productivity-linked bonus for non-gazetted rail employees, Finance Minister Arun Jaitley said.
Categories: India News

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