Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.

October 06, 2017 01:45 IST
Rationalisation has to be done for sure. Finance minister has said that we will wait for revenue trends to emerge, but some rationalisation is required, said Hasmukh Adhia.
Fri, Oct 06, 2017
October 05, 2017 02:42 IST
As on July 21, outstanding gross bank credit fell by 2.7% to Rs 69.45 lakh crore.
Thu, Oct 05, 2017
October 05, 2017 01:13 IST
Revenue Secretary Hasmukh Adhia also indicated that concerns raised by exporters and small scale industries would also be taken up by the GST Council.
Thu, Oct 05, 2017
October 04, 2017 00:55 IST
Excise duty on petrol, diesel cut by Rs 2: Excise duty on petrol and diesel was Rs 9.48 and Rs 3.56 a litre respectively before the NDA government took office, which has gone up to Rs 21.48 and Rs 17.33 a litre, respectively, an increase of 226 per cent and 486 per cent, respectively, over the May 2014 level.
Wed, Oct 04, 2017
October 03, 2017 00:20 IST
Government sources said that discussions are underway to raise capital support by another Rs 20,000-25,000 crore for the PSBs.
Tue, Oct 03, 2017
September 29, 2017 02:00 IST
Experts say the market saw sell-off on account of weak global cues due to geopolitical tensions surrounding North Korea, recent revision of China’s sovereign rating and is expected to bounce back as fundamentals are strong.
Fri, Sep 29, 2017
September 26, 2017 01:24 IST
Analysts warn against overshooting fiscal deficit goal, but advise well-targeted capital expenditure on medium & small enterprises, roads, railways and urban development
Tue, Sep 26, 2017
September 25, 2017 01:50 IST
The ministry said that no official had sought meeting in their "personal capacity" with the MPC members prior to the June review of the monetary. However, a meeting was sought to exchange views on macroeconomic situation in the country, it said in the reply.
Mon, Sep 25, 2017
September 19, 2017 02:36 IST
Slow processing, popping up of incorrect data in the error report and portal's inability to take a large amount of data in GSTR-1 in one go are some of the issues still being faced by those filing returns
Tue, Sep 19, 2017
September 16, 2017 02:30 IST
Amending rules related to acquisition, utilising surplus land of sick PSUs for affordable housing and relaxing FSI are some of the suggestions made by the govt think-tank to push development across the country
Sat, Sep 16, 2017
September 13, 2017 03:13 IST
Among the companies that filed for voluntary liquidation are — Wadia BSN India Ltd, HSBC Global Shared Services (India) Pvt Ltd, IL&FS Capital Advisors, Khel Gaon Estates Pvt Ltd and Ujjivan Social Services Foundation.
Wed, Sep 13, 2017
September 12, 2017 01:50 IST
In the event of liquidation following a failed resolution of a real estate company, while the secured lenders or the banks will have recourse to the under-construction property that may be mortgaged to them, the people who have taken a home loan will be among the last to any receive compensation from the leftover liquidation proceeds.
Tue, Sep 12, 2017
September 09, 2017 01:14 IST
The total bad debt involved in the case is worth Rs 972.15 crore — comprising Millennium Finance’s claim of Rs 673.91 crore, Alchemist Asset Reconstruction Company’s Rs 122.06 crore, Synergies Castings’ Rs 89.26 crore and Edelweiss ARC’s Rs 86.92 crore.
Sat, Sep 09, 2017
September 06, 2017 01:26 IST
Bank of Baroda is the lead bank of the consortium comprising Oriental Bank of Commerce and Bank of Maharashtra as the other lenders, which signed a term loan agreement with Amrapali Silicon City on 25 February 2012.
Wed, Sep 06, 2017
September 04, 2017 01:08 IST
Countries like Canada, Mauritius, Israel and the European Union have been expecting India to take the lead and conclude the negotiations for their respective Free Trade Agreement (FTA) as soon as possible.
Mon, Sep 04, 2017
August 31, 2017 06:02 IST
Demonetisation: On digital transactions, too, RBI data shows that the volume of electronic payments, after peaking in December 2016 at 957.50 million transactions compared with 671.49 million in November, has been on a decline.
Thu, Aug 31, 2017
August 31, 2017 02:49 IST
As the new vice-chairman Rajiv Kumar prepares to assume the office from Friday, Panagariya tells The Indian Express that instead of advising Kumar, he would brief his successor about the state of the institution letting him set his own priorities for the think-tank’s functioning.
Thu, Aug 31, 2017
August 26, 2017 01:12 IST
Niti Aayog also suggests reforms in the Right to Education Act as well as the University Grants Commission, and a comprehensive & continuous evaluation system to bring in improvement in learning outcomes
Sat, Aug 26, 2017
August 22, 2017 02:46 IST
Of the total, 162 actively traded companies’ financials show that several firms on the Sebi list have operational businesses and have been reporting quarterly revenues and profits on a regular basis
Tue, Aug 22, 2017
August 21, 2017 02:27 IST
Sharp fall in refinance to public sector banks, down 28.90% to Rs 1,886.73 crore
Mon, Aug 21, 2017
August 15, 2017 00:00 IST
Entities face issues such as difficulty in coding items in HSN codes, need for filing service tax returns for each state of operation and likely challenges in matching of invoices under the new indirect tax regime.
Tue, Aug 15, 2017
August 07, 2017 01:51 IST
An increase of about 41% as compared with the previous year’s Rs 57,586 crore: Finance ministry data
Mon, Aug 07, 2017
August 05, 2017 02:29 IST
Doklam standoff: The investment exposure of Chinese companies in India over the last 17 years, which remains limited to a cumulative FDI inflow of $1.63 billion (Rs 10,094 crore) as on July 31, 2017, shows a notable rise in Chinese business interest over the last three years.
Sat, Aug 05, 2017August 02, 2017 05:34 IST
The government has also firmed up plans to enable electronic registration of properties, for which Aadhaar-based authentication will be a prerequisite.
Wed, Aug 02, 2017
August 02, 2017 05:23 IST
In January, Arvind Panagariya had raised the first red flag on the possibility of taxpayers being harassed post-demonetisation and had reportedly written to the Prime Minister’s Office.
Wed, Aug 02, 2017



