Economy News - Page 12

GST Council finalises tax rates on 80-90% goods, services; items of daily use in 5% bracket

GST will replace 16 current levies -- seven central taxes like excise duty and service tax and nine state taxes like VAT and entertainment tax

RERA could be a game-changer for commercial realty; all stakeholders to benefit

RERA is getting implemented at an opportune time as office demand is witnessing an uptick even in tier-II cities

3 years of Narendra Modi govt: Rupee rise defies conventional wisdom but don't rule out a reversal

The currency management is mostly the RBI's job but the government policies that attract dollar inflows do have an impact on exchange rates

Crucial GST Council meet starts in Srinagar today, to decide tax rate for items from salt to luxury cars

The GST will replace 16 current levies -- seven central taxes like excise duty and service tax and nine state taxes like VAT and entertainment tax

New IIP data offers cheer for Congress but the party fails to bring home the point

New series IIP estimate catapaults the industrial growth of under the UPA rule more than six times and pegs it at 3.35 percent

3 years of Narendra Modi: What has come of this government's black money battle?

Narendra Modi's battle on tax evasion is indeed laudable; it has brought the topic of black money to public debate in a big way

Suspicious cash deposits after demonetisaion: Here's an analysis in two charts

Proprietors or individuals running business have a share of 41.5 percent in the reported cash transactions

3 years of Modi govt: UDAN commendable but little else has changed in aviation

Unless urgent steps are taken to tackle the Air India rot, the government cannot claim it has done anything meaningful for aviation

Govt launches Operation Clean Money website: Here's how it helps you come clean on black money

Operation Clean Money website seeks to provide detailed information on how to come clean in case of cash deposits made during demonetisation

No substantial impact of WannaCry on Indian IT system: IT Sercretary Aruna Sundararajan

A multi-agency monitoring team is continuously assessing the situation round the clock, IT Secretary Aruna Sundararajan said

India’s export dependency on US, UAE makes us susceptible to economic shocks

The UAE and US collectively account for Rs 3.9 lakh crore or over 24 percent of India’s total value of export relationships

Three years of Modi govt: Reform momentum is back, but it’ll be a cardinal mistake to say all is well

There is very little lime left for Narendra Modi; to make most of the time left, he has rein in the Hinduvta brigade and gaurakshaks

3 years of Modi govt: Some sore points but PM deserves pat for the 'bright spot' that India is

Lack of jobs, investment, bank NPAs are not testimonies to the govt's failure; they mean growth is still on a slightly shaky ground

ICICI Bank, HDFC too cut home loan rate to match SBI in boost for Housing for All scheme

To stay in competition, other lenders in private and public sector space will also have to cut home loan rate

China Silk Road plan: Why OBOR is much more than an economic challenge for Narendra Modi

OBOR has thrown up a major foreign policy challenge for the Narendra Modi government, may be the toughest this government has faced so far

IT layoffs: Forget alarmist headlines, WannaCry attack shows millions of jobs are round the corner

Reinvention should not be confused with an industry sunset; though job cuts are real, job creation is also happening

WannaCry attack: IT ministry advises RBI, others to guard against ransomware

As per the advisory issued by CERT-In, the ransomware infects other computers on the same network and is also spreading through malicious attachments to e-mails

IT to layoff up to 2 lakh engineers annually for next 3 years, and Trump is not the reason

Because of the changing technology, the most affected will be professionals aged 35 and above and it would be very difficult for them to get jobs

New series WPI, IIP reflective of market realities, says India Inc

The consumer price index (CPI) based retail inflation for March 2017 was revised slightly upwards to 3.89 percent, from 3.81 percent recorded previously.

New WPI series: Tissue paper, cucumber, papad among new 199 items in basket

In all, 199 new items have been added and 146 old items have been dropped, the Commerce Ministry statement said.

April retail inflation at record low of 2.99%: Why it is a shocker to MPC’s rate stance

If declining trend in CPI sustains, MPC will come under tremendous pressure from the Narendra Modi-government to offer a rate cut bonanza to support the growth

New series of WPI, IIP: Don't listen to naysayers, it is better indicator of economic activity

The old IIP was including data from factories which had been closed down and therefore were not contributing to the index

New series WPI, IIP released with base year 2011-12: All you need to know

The periodical reviews and revisions of the base year of the macroeconomic indicators is aimed at capturing the structural changes in the economy and improving the quality, coverage and representativeness of the indices

New series WPI, IIP released with base year 2011-12; April WPI at 3.85%, March IIP 2.7%

The change in baseline for the IIP and WPI is expected to bring in more accuracy in mapping the level of economic activity and calculating other numbers like national accounts

Why NPA ordinance gives an easy escape route to corrupt bankers

The public sector bankers clearly live by the principle: sink the taxpayers’ money in dubious deals and when you go bust ask for more taxpayers’ money to carry on the cycle!

April retail inflation seen easing to three-month low

Consumer prices, the RBI's main policy target, likely rose 3.49 percent in April, according to a Reuters poll of economists, compared with an increase of 3.81 percent in March.