Showing their faith in India’s economic growth after a long time after the global financial crisis the corporate occupiers also have been in an expansion mode Chennai.
During April-December, the industrial output has grown 3.1 per cent compared with 2.6 per cent a year ago.
Retail inflation, as measured by the Consumer Price Index (CPI), stood at 5.61 per cent in December 2015 and 5.19 per cent in January 2015.
The benchmark BSE Sensex, which crashed by massive 807.7 points on Thursday on global cues, was trading up around 100 points in the pre-close session on Friday.
Finance Minister Arun Jaitley today hoped that the opposition parties will 'see reason' and the Goods and Services Tax (GST), which is held up in Rajya Sabha, will become a reality soon.
Rajan also said the RBI is tweaking the guidelines relating to the 5:25 refinance scheme and Strategic Debt Restructuring (SDR) to tackle stressed assets more effectively.
Rajan spoke about the difficulties faced by entrepreneurs, starting right from the complicated contracts for fund raising, which are not allowed under the Foreign Exchange Management Act.
Policy broadly in line with market expectation, says FinMin; Investors remain jittery with BSE Sensex falling by 286 points to 24,539.
TPC will reduce the freedom of the apex bodies on taxation — CBDT and CBEC.
The Siddaramaiah-led Congress government is looking to attract a conservative number of 116 investments worth over Rs 1.30 lakh crore — which is the value of investments attracted in the last two years by the state government.
Brunei is the fourth largest producer of LNG in the world, and among the largest gas exporters with 9 per cent share of the export market.
A look at the excerpts from some of RBI Governor Raghuram Rajan's speeches
Cumulative growth of core sectors in Apr-Dec of 2015-16 came in at 1.9%
Finance Ministry, Niti Aayog pitch for state-owned asset reconstruction company with govt, RBI contribution
SU-UTI currently holds 11.66 per cent in Axis Bank, 11.27 per cent in ITC Ltd and 8.18 per cent in L&T.
Rajan said that macroeconomic stability during the global turmoil cannot be risked and the government and RBI should continue to bring down inflation.
Delivering the C D Deshmukh memorial lecture in the capital, he said that a pensioner would be able to buy more number of dosas from lower interest income provided the inflation remained under control.
In the first 10 months of 2015-16, the collection has only been Rs 5.20 lakh crore in direct taxes, according to the income tax department.
The tax administration and reforms committee or TARC, headed by Shome, had submitted its report in June 2014.
The success of the new scheme will depend on the support of state governments.
The product is being launched in partnership with e-commerce platform Snapdeal.
The RBI is also expected to intervene frequently, as it did on Thursday, with traders also anticipating more actions in futures markets after the central bank said in December it was open to that prospect.
Factory output declined by 3.19 percent due to a - 4.4 percent drop in manufacturing activity,
Govt’s decision to increase the FDI cap in insurance has resulted in foreign capital infusion, with firms raising stakes in their domestic joint ventures.
The meeting on the Broad-based Investment and Trade Agreement will be held on January 17-18
The government has last month significantly liberalised the foreign direct investment (FDI) regime, putting most of the sectors on the automatic route.
FM says government will take up Arbitration Bill and Bankruptcy Bill in the House in remaining three days of the winter session that ends on Wednesday.
Declining nominal GDP growth a cause of concern for the fiscal deficit target in 2015-16, says analysis
Jaitley said the one per cent additional tax on inter-state sales was proposed as manufacturing states like Gujarat and Tamil Nadu were of the opinion that they would lose on revenue as GST is more of a destination tax.
The Centre has filed a class-action suit against Nestle before the NCDRC, alleging unfair trade practices, false labelling and misleading advertisements by the firm.
Mechandise exports touched $20.01 billion in November, compared with $21.35 billion in October, as seven of the 30 major products witnessed contraction last month from a year earlier.
The central bank’s move is to avoid any conflict of interest if a retired RBI official, who was privy to sensitive information, joins a private sector firm.
In FY16 Budget, FM had proposed making quoting of PAN mandatory for sale and purchase of all goods and services over Rs 1 lakh
The Indian Express sent a detailed mail to all the banks that have an exposure to Zoom Developers, but none of them responded.
PAN will now be mandatory to open all bank accounts including co-operative banks.
The Wholesale Price Index-based inflation has been rising for three months in a row and was (-)3.81 per cent in October.