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

November 12, 2016 01:18 IST
The shortlisting of cities is part of the government’s Regional Connectivity Scheme which aims to boost air connectivity at underserved airports.
Thu, Nov 16, 2017
November 02, 2016 00:51 IST
The ministry has shortlisted 12 law firms specialising in this area based on technical bids. Companies in the reckoning include US-based Amold & Porter LLP, Debevoise & Plimpton LLP, Cabinet Joubin Bret, among others.
Wed, Nov 02, 2016
November 01, 2016 01:27 IST
Govt planning to raise Rs 20,500 cr from strategic sales and Rs 36,000 cr from minority stake sales.
Tue, Nov 01, 2016
October 17, 2016 01:00 IST
Stricter new Indian Accounting Standard slated to kick in from April 1, 2018
Mon, Oct 17, 2016
October 10, 2016 03:08 IST
After getting declarations of Rs 65,250 crore under the Income Disclosure Scheme (IDS), the tax department is planning more measures to curb black money in the economy. In an interview with Sunny Verma and Anil Sasi, Rani Singh Nair, chairperson of the Central Board of Direct Taxes (CBDT), discusses the steps being contemplated to widen […]
Mon, Oct 10, 2016
October 06, 2016 00:54 IST
Project Insight is an initiative of the finance ministry to widen the tax base by detecting tax evaders using technology.
Thu, Oct 06, 2016
October 03, 2016 01:50 IST
The Ministry of Civil Aviation will unveil the final RCS policy by mid-October.
Mon, Oct 03, 2016
October 01, 2016 02:03 IST
The Income Declaration Scheme, 2016 window was open since June 1, 2016 and offered an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets.
Sat, Oct 01, 2016
September 25, 2016 01:15 IST
Staff requirement would rise as AAI implements its capex plan and builds low cost airports
Sun, Sep 25, 2016
September 21, 2016 03:32 IST
The AAI will monetise its land by leasing it out to private companies, giving it on a revenue share basis and through a combination of leasing and revenue sharing.
Wed, Sep 21, 2016
September 17, 2016 04:06 IST
The government has asked the banks to submit their reports within 10 days to the Department of Financial Services, which oversees the country’s banking sector.
Sat, Sep 17, 2016
September 16, 2016 01:52 IST
PFMS is being implemented by the CGA for tracking of funds released under all Plan schemes of the central government and real-time reporting of expenditure at all levels of programme implementation through the treasury-bank interface.
Fri, Sep 16, 2016
September 12, 2016 02:32 IST
Many members of parliament, including BJP’s Rajya Sabha MP Subramanian Swamy, have criticised the GSTN ownership structure, in which private companies own majority with 51% combined equity stake
Mon, Sep 12, 2016
September 10, 2016 04:26 IST
Each minister has been allotted a minimum of two countries that they have to visit before the year-end.
Sat, Sep 10, 2016
September 08, 2016 02:06 IST
Speaking at The Economist India Summit 2016, Jaitley said the housing market had picked up during former prime minister Atal Bihari Vajpayee’s government primarily due to lower interest rates.
Thu, Sep 08, 2016
August 31, 2016 03:07 IST
For a domestic carrier seeking permission to fly abroad, it must deploy 20 aircraft or 20 per cent of its total capacity (in term of average number of seats on all departures put together), whichever is higher, for domestic operations.
Wed, Aug 31, 2016
August 22, 2016 00:32 IST
Governor Rajan had called for the move to give more decision-making powers to the banks’ boards.
Mon, Aug 22, 2016
August 16, 2016 02:33 IST
The subsuming of various cesses and surcharges into the GST rate may take it to a level much higher than 18%
Tue, Aug 16, 2016
August 12, 2016 02:02 IST
Government securities, also known as the gilts are considered one of the safest investment options. The decision allowing retail investors to park funds in G-Secs via demat accounts is likely to generate much interest.
Fri, Aug 12, 2016
August 11, 2016 02:25 IST
Recovery rate, amount recovered as a percentage of additional write-offs, also low at around 10-15%
Thu, Aug 11, 2016
August 07, 2016 02:22 IST
“A lot of consumer awareness will have to be created in order to ensure that the benefit of lower GST is passed on to consumers. There is no proposal to control prices statutorily”
Sun, Aug 07, 2016
August 05, 2016 03:00 IST
On bringing next Bills as money Bills, Jaitley says my hands tied by Art 110
Fri, Aug 05, 2016
August 04, 2016 04:09 IST
GST Bill: The Centre and states have jointly promoted Goods and Services Tax Network (GSTN) as a not-for-profit, non-government company for smooth roll out of the GST.
Thu, Aug 04, 2016
August 04, 2016 03:52 IST
During the debate on the Bill in Rajya Sabha on Wednesday, Members of Parliament from most states appeared inclined towards a GST rate of 18 per cent.
Thu, Aug 04, 2016
August 03, 2016 01:35 IST
Net non-performing assets (NPAs) of ICICI Bank, the country’s biggest private sector lender, more than doubled to 3.01 per cent in April-June quarter of 2016 (or Rs 15,308 crore), from 1.40 per cent in the same quarter previous year (or Rs 6402 crore).
Wed, Aug 03, 2016




