The National Bank for Agriculture and Rural Development (Nabard) will propose setting up of an agriculture market infrastructure fund, to ensure a better return on
Category: Economy
Porter wins small business clients with on-demand logistics, lower costs
By all indications, the recently-introduced Goods and Services Tax is expected to benefit the logistics sector, with rating agency ICRA expecting it to grow 9-10
‘95% start-ups fail but 100% entrepreneurs succeed’ | Business Line–12.07.2017
Ninety-five per cent of start-ups fail; however, entrepreneurs must take heart because 100 per cent of entrepreneurs succeed, believes K Vaitheeswaran, known as the
Nearly 67 crore bank accounts seeded with Aadhaar: Ravi Shankar Prasad–Economic Times–11.07.2017
As many as 67 crore of the 110 crore bank accounts in the country are now linked with Aadhaar, the 12-digit unique identification number, IT
Supreme Court suspends ban on cattle trade for slaughter–Business Line–11.07.2017
Madras HC order staying slaughter ban to cover entire country: Apex court The Supreme Court on Tuesday suspended a government order that had banned the
A loss difficult to digest–Economic Times–11.07.2017
By Asitava Sen Global agriculture is facing new challenges, in terms of climate change, unstable food prices and labour shortage, amid conflicting demand for arable land
1.5 million jobs lost in first four months of 2017 | Business Standard Column
About 1.5 million jobs were lost during January-April 2017. The estimated total employment during the period was 405 million compared to 406.5 million during the
Alarm bells jangle over ₹6-lakh cr frozen in tax appeals | Business Line–11.07.2017
Revenue locked in appeals with Income Tax Commissioners across India rose in fiscal year 2016-17 to ₹6.11 lakh crore: that’s only marginally less than the
Unfinished agenda of rolling out GST–Economic Times–10.07.2017
A major tax reform such as the goods and services tax (GST) is bound to have teething problems. This was fully anticipated and taxmen at
A GST that could get better with time–Business Standard–10.07.2017
Much to the government’s relief, the first few days after the roll-out of the goods and services tax (GST) have seen very little disruption in
Farm Insurance: Who’s benefitting from farm insurance? – The Economic Times–09.07.2017
Continuing suicides and intermittent protests by farmers across the country prompted the Supreme Court on Thursday to ask why the much publicised Pradhan Mantri Fasal
Centre, states to discuss farm distress | Business Standard News–09.07.2017
Chief secretaries of all states and Union territories will meet to discuss various issues like reforms in the agriculture sector and other developmental issues. With
Gold import bill may hit five-year high in 2017 | Business Standard News–09.07.2017
India’s gold imports in terms of quantity in the first half of 2017 crossed the entire imports of 2016. According to data compiled by GFMS
Manufacturing PMI at four-month low of 50.9 in June | Business Line–09.07.2017
Business optimism falls to a three-month low with some firms concerned over GST Manufacturing activity fell to a four-month low in June despite a rise
GST impact: Pile up of export goods weighs heavy on govt | Business Standard News–08.07.2017
The government is moving fast on combating growing cases of export consignments stuck nationwide, owing to operational difficulties post the implementation of the goods and
Loan waiver, GST rates to push tractor sales to all-time high in FY18 | Business Standard News–08.07.2017
With multiple tailwinds helping them, tractor makers Mahindra and Mahindra (M&M) and Escorts are set to post strong sales in FY18. Reduction in goods and
Don’t take coercive steps against farmers for loan recovery: SC to banks–Business Standard–08.07.2017
Financial institutions should not resort to coercive action for recovery of loans from farmers in case of crop failure and the government should intervene in
GST impact on rates: There should be a single rate for everything, says Bibek Debroy–Financial Express–08.07.2017
Exemptions mean loss in revenue. In FY16, such concessions/incentives on excise duty had a revenue impact of Rs 2,24,940 crore. What is a good and
GST benefits will emerge shortly, says Shaktikanta Das–Business Line–08.07.2017
The benefit of Goods and Services Tax (GST) will become apparent in a couple months as manufacturers and businessmen realise the advantage of input tax
Demonetisation effect: Advance tax given by individuals in June quarter rises more than 40%–Economic Times–07.07.2017
Advance tax payments for the current financial year by individuals rose more than 40% in the June quarter from the year-earlier period. Meanwhile, the government
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