Having been in the offing for close to two decades, the goods and services tax (GST), which the government touts as the biggest domestic tax
Category: Economy
Cement majors put up a strong show in June quarter | Business Line–20.07.2017
The stock prices of the top two cement players — ACC and UltraTech Cement — were down marginally post announcement of their results. However, both
UltraTech Cement plans to raise ₹9,000 cr for funding capex, reduce debt | Business Line–20.07.2017
Cement major will be investing ₹2,200 cr on de-bottlenecking projects UltraTech Cement, an Aditya Birla group company, plans to raise ₹9,000 crore through issue of
Social security for poor: Insurance schemes PMJJBY for life, PMSBY for accident cover great ideas, but Centre ends up paying bill – The Financial Express–19.07.2017
As compared to Rs 100 per Rs 1 lakh of personal accident cover from non-life insurers, the PMSBY charges a mere Rs12 per year for
India’s digital economy to be $1 trillion in 5-7 years: Ravi Shankar Prasad – The Financial Express–19.07.2017
Union IT Minister Ravi Shankar Prasad on Tuesday said India’s digital economy is going to be $1 trillion in the next 5-7 years from the
Arvind Panagariya says India’s GDP may rise to $8 trillion in next 15 years, could eliminate poverty entirely – The Financial Express–19.07.2017
India’s GDP could rise to about $8 trillion over the next 15 years if the country registers an economic growth of 8 per cent annually
Fake currency of Rs 11.23 crores face value detected post demonetisation – The Financial Express–19.07.2017
Fake currency having face-value of over Rs 11.23 crore was detected in 29 states post demonetisation, the government informed Parliament today. In a written reply
GST impact: New tax regime to be positive for auto, retail; negative for SMEs, says Fitch Ratings – The Financial Express–19.07.2017
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil
Current Account Deficit to widen to 1.3 percent of GDP in 2017: Nomura – The Financial Express–19.07.2017
According to the Japanese financial services major, import demand is expected to resume once GST disruptions settle down after July.”We expect India’s CAD to widen
IIP growth: Why banks have to rework strategies, make capital available – The Financial Express–19.07.2017
The industrial growth number for May is quite disappointing as it does indicate that there are still few signs of the expected economic turnaround. Add
For real financial inclusion, JAM is important, but here is why focus should be on reforming PSBs – The Financial Express–19.07.2017
Financial inclusion is an important aspect of financial development. Uneven and narrow financial development can hamper overall economic progress, whereas a broad and vibrant financial
500 NPA cases identified by RBI to get equal priority | Business Standard News–19.07.2017
The Gujarat High Court order would result in all 500 non-performing assets (NPAs) identified by the Reserve Bank of India (RBI) getting equal priority, compared
Larger economies to lose the digital race to smaller nations | Business Standard News–19.07.2017
Several Nordic countries, Switzerland and tech-centric South Korea are ahead of the US and Japan, according to a digital economy ranking conducted by researchers at
‘India should reject e-comm rules at RCEP, WTO to protect growth, policy space’ | Business Line–19.07.2017
Detailed discussion on e-commerce likely at Hyderabad round of Regional Comprehensive Economic Partnership India needs to reject attempts by some developed nations at the on-going
N Chandrasekaran: India has to find accessible innovative models: Tata Sons chief N Chandrasekaran–Economic Times–19.07.2017
India has to find new innovative models that are accessible in “every nook and corner of the country”, Tata Sons Chairman N.Chandrasekaran said. NEW DELHI:
China: New normal: Like it or not, foe China is India’s frenemy now–Economic Times–19.07.2017
There’s a bit of China in every Indian’s life. From smartphones to heavy electric equipment, China feeds Indian consumption in a big way. Two weeks
gdp: Not possible to isolate note ban impact on GDP: Government–Economic Times–19.07.2017
When industry had expressed concern that the anti-profiteering initiative may evolve into a modern-day inspector raj, it was assured that this wouldn’t be the case.
Focus on distribution, not power generation–Economic Times–19.07.2017–
It is welcome that Union power minister Piyush Goyal has offered the Centre’s good offices to sort out the problem of stressed stranded projects in
Real estate: No big move in real estate prices for 2-3 years: Gulam M. Zia, Knight Frank–Economic Times–18.07.2017
“Nobody will respect the price you quote for selling the property”: Gulam M. Zia, Knight Frank Executive Director, Advisory, Retail & Hospitality. Knight Frank Executive
GST impact on economy: Jefferies says introduction of new tax regime is a partial success – The Financial Express–18.07.2017
GST’s coverage of taxes to be subsumed is only 54%. Measured against its stated objectives, the introduction of GST is a partial success. It succeeds
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