While agriculture year (July-June) 2016-17 saw record-high pulses production, profit margins for all pulses except gram (chick peas) declined by an average of 30%. This
Day: September 16, 2017
Banks loan books set to stagnate as exposure to industry continues to contract – The Financial Express–16.09.2017
Indeed, loan exposure to industry has been contracting for several months now, including the period between April and July, and lenders are therefore staring at
GDP growth: Had Centre not mopped up taxes from oil sector, its capex, spending could not have risen – The Financial Express–16.09.2017
Between central government excise duties and state VATs, taxes in Delhi comprise around 52% of the retail price of petrol and around 44% in the
Small creditors use new bankruptcy rules to put the squeeze on big players | Business Standard News–16.09.2017
In late June, one of India’s top wind power equipment makers, Inox Wind Ltd, was dragged into insolvency courts by a logistics handler over unpaid
GST hits exporters’ order book hard; 15% drop till October: FIEO | Business Standard News–16.09.2017
Two months after the roll out of the goods and services tax (GST) regime in July, the order books of exporters are said to have
Export growth hits 10% in August despite GST jitters | Business Standard News–16.9.2017
After single-digit growth in the previous three months, exports rose 10.29 per cent in August, up from 3.94 per cent in July, despite exporters’ woes
Q1 current account deficit widens sharply to 2.4% of GDP, says RBI | Business Standard News–16.09.2017
India’s current account deficit (CAD) in the first quarter ended June soared to a four-year high of $14.3 billion, or 2.4 per cent of gross
Tax authorities to scan transition credit claim of 162 cos | Business Line–16.09.2017
As many as 162 companies that have claimed GST transitional credit of over Rs. 1 crore are under the scanner of tax authorities who would
Widening trade gap drives up current account deficit to 2.4% of GDP in Q1 | Business Line–16.09.2017
The current account deficit (CAD) increased to $14.3 billion, or 2.4 per cent of gross domestic product (GDP), in the first quarter of the current
GST hits exporters’ order book hard; 15% drop till October: FIEO | Business Standard News–16.09.2017
Two months after the roll out of the goods and services tax (GST) regime in July, the order books of exporters are said to have
Govt considering its own cryptocurrency | Business Standard News–16.09.2017
The Central government is considering a proposal to introduce its cryptocurrency similar to Bitcoin. Sources close to the development said that the proposal was discussed
Bitcoin flourishes in India, despite China’s cryptocurrency crackdown | Business Standard News–16.09.2017
The bitcoin is in a tailspin, but that is not stopping a growing number of enthusiasts in India from trading in it After months of
Utilising MSMEs as engines for growth – The Hindu–16.09.2017
Recent growth data for India reveals that there has been a significant slowdown in the industrial growth rate, especially manufacturing, in the first quarter, April-June,
Artificially created distress – The Hindu–Artcile dated Nov 16,2016–11 months ago –being referred to 16.09.2017-
Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value
Traders’ meet may decide on agitation – The Hindu–15.09.2017
The Confederation of All India Traders, representing close to six crore small businesses, will discuss the prospects for launching a national agitation over the implementation
Worry for India’s economy: Poor rains raise fear of lower agricultural output | india-news | Hindustan Times–15.09.2017
A poor monsoon in nearly 40% of the country is fast turning into a worry for India’s economy this year, with experts warning of a
GST: Tax department to probe Rs 65,000 crore credit claims of traders | business-news | Hindustan Times–15.09.2017
Transitional credit claims worth Rs 65,000 crore received from traders under GST have stumped the government and the tax authorities are now preparing to check
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