As Finance Minister Arun Jaitley is on a six-day tour to Japan, he focuses on structural and market oriented reforms, development in rural areas and social securities and stepping up of infrastructure spending.
India's growth rate at 7.5 per cent between January and March, contrasts with neighbouring China, where growth has slipped to 6.7 per cent in the first quarter - the slowest in seven years.
Former Union law secretary TK Viswanathan said the law also allows workers of a company to initiate voluntary liquidation proceedings.
The road ministry, NITI Aayog said on its Twitter account, will push the hybrid annuity and build-own-transfer models to attract private capital in the sector.
Indo-US bilateral trade currently stands at around $107 billion and both President Obama and Prime Minister Narendra Modi have targeted to take it to $500 billion.
CIL reported a 3.99 per cent year-on-year rise in its net profit to Rs 14,274.29 crore for 2015-16, compared with Rs 13,726.61 crore in 2014-15.
Onion production is estimated to be increased to 20.33 million tonnes in 2015-16 from 18.92 million tonnes in the previous year, as per government data.
Congress on Saturday came out with its report card on two years of the Narendra Modi government. Rejecting the economic growth claims of the NDA government, senior Congress leader and former Finance Minister P Chidambaram said it has failed to fire up the economy, create jobs, spur agricultural growth, and anticipate and tackle the drought […]
A significant share of the record foreign direct investment (FDI) equity inflows — at an all-time high of $41 billion in 2015-16 — have largely been routed to the services sector, which is reflected in employment buoyancy in these sectors, while most manufacturing sectors are faced with a progressive contraction in labour numbers, according to […]
Rajan, the BJP leader also claimed, has been sending confidential and sensitive financial information using unsecured Chicago University email id and publicly disparaging the BJP government.
The Prime Minister was speaking to the Journal on completing his second year in office. Modi said that he has set a path for accelerated growth that India’s states now need to help navigate.
Last year in September, the proposal was on the agenda of CBT meeting. The report of an expert committee was also put up for deliberations.
Such entities also barred from setting up market intermediaries & taking control of any listed firm.
DBS said GDP growth is seen at 7.6 per cent in 2016-17. However, recovery remains "uneven", with the private sector and banks on the backfoot.
Overall wheat arrivals in mandis have been only 25.29 mt so far this marketing season, as against 30.49 mt during the same period last year.
Global economy still in the woods. External demand which absorbed 50% of incremental manufacturing output, virtually absent.
RBI Governor Raghuram Rajan called on Finance Minister Arun Jaitley and is believed to have discussed macro-economic situation ahead of the second bi-monthly monetary policy next month.
Women in India earn 18.8 per cent less than men, slightly higher than the global average, largely due to lack of high-paying job functions, says a report by Korn Ferry Hay Group.
The EPFO has invested Rs 6,788 crore in ETFs so far since August last year and has got a return or yield of 1.68 per cent on these investment, labour secretary Shankar Aggarwal said.
Firm may be asked to monetise its transmission lines and tower assets from its joint ventures.
The earlier exercise was restricted to people with huge defaults to the tune of about Rs 20-30 crore but the new measure will bring to the fore those names who have defaulted a tax of Rs 1 crore or more.
Deutsche Bank sees India's gross domestic product growth at 7.8 per cent in 2017, up from this year's 7.5 per cent, noting that the economy seems to have bottomed out.
Numbers still below ’12 peaks but sale of LCVs, bikes, cement up — point to consumption-led growth .
Under section 9 of the Income-tax Act, income arising from indirect transfer of assets situated in India is deemed to accrue or arise in India.
Has the government lived up to the expectations? Here is what India Inc thinks.
While the farmers will have to pay only 1.5 per cent of premium for rabi crop, they will be asked to pay 2 per cent of premium for kharif crop.
Crisil said the dip in remittances is lower at 2.2 per cent as compared to the 47 per cent drop in oil prices.
The Governor said India is fairly safe from volatile global economy and it has posted 7.5 per cent growth despite two droughts and weak international market.
Calling the NDA government "a work in progress", the business lobby group gave it an overall performance rating of 7 on a scale of 10.
Big Boy Toyz, a division of Magus Cars Ltd — a multi brand used luxury car dealer — has witnessed a sharp rise in its annual growth rate over the last few years.
Japan and the United States are at logger-heads over currency policy with Washington saying Tokyo has no justification to intervene in the market to stem yen gains.
Speaking at an even organised by Yes Bank in association with Indo-American Chamber of Commerce, Kumar said that India also needs to remove obstacles for companies to come and operate in India.
The delay in release of the back-series has primarily been on account of difficulty in sourcing of data for companies for years prior to launch of MCA21 database, a senior government official said.
Terming the passage of bankruptcy law by Parliament as a "big news", Standard and Poor said this is a much needed structural reform.
An order issued by CBDT, accessed by PTI, said: "Any deviation (in this regard) will be viewed adversely."
Raghuram Rajan is a very competent man, and he has performed exceedingly well says Senior Congress leader Digvijaya Singh.