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July 2, 2019 5:07 PM
Federation of Indian Export Organisations, FIEO today urged the government to announce various measures such as employment-linked income tax benefits and set up a fund for marketing purposes to boost the country's outbound shipments in the upcoming Budget. FIEO also demanded tax deduction o...
July 2, 2019 2:08 PM
The eight core sectors in the country have recorded a growth of 5.1 per cent in May on the back of healthy output in steel and electricity. These sectors are coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity. They had grown by 4.1 per cent in May last year. ...
July 1, 2019 6:29 PM
The total gross Goods and Services Tax (GST) collection in the month of June stood at 99,939 crore rupees. The total number of GST returns filed for the month of May was 74.38 lakh. Last month the GST collection crossed one lakh crore rupees. An official release said, the revenue in the month of Jun...
June 30, 2019 4:38 PM
Foreign investors infused over 10,000 crore rupees into the Indian capital markets in June and remained net buyers for the fifth month in a row on expectations of continued economic reforms. Foreign portfolio investors, or FPI, invested a net of 2,272.7 crore rupees in equities and 8,111.8 crore rup...
June 29, 2019 5:36 PM
US President Donald Trump has said American companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war. President Trump made this comment hours after sealing a tariff truce with Chinese President Xi Jinpi...
June 28, 2019 8:47 PM
The government has reduced interest rate on small savings schemes, including the National Savings Certificate and Public Provident Fund, by 0.1 per cent for the July-September quarter. Barring interest on savings deposits, which has been retained at 4 per cent annually, rate on all other schemes has...
June 28, 2019 8:45 PM
In a big relief to the stressed power sector, the government today approved the proposal for the implementation of a payment security mechanism for the purchase of electricity by distribution companies from generating firms. An official release said the power ministry has made it mandatory for disco...
June 28, 2019 2:14 PM
ASSOCHAM has suggested the Finance Minister to reduce corporate tax by five per cent. Addressing a press conference in New Delhi, ASSOCHAM president Balkrishan Goenka said, Tourism sector can create lots of employment opportunities. He said, there are over 1200 islands and they should be properly de...
June 27, 2019 8:04 PM
The Government has constituted a Working Group for the revision of the current series of Wholesale Price Index. In a release, Commerce and Industry Ministry said, Prof. Ramesh Chand, Member, Niti Aayog will be the chairman of the 18-member committee. The Office of Economic Adviser, Department for ...
June 27, 2019 9:02 AM
Reserve Bank of India has advised all banks to immediately direct all their branches to accept coins of all denominations. RBI's advisory came yesterday after it received complaints about non-acceptance of coins by branches of various banks. Reserve Bank advised all banks to accept coins of...
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Last Updated: 29th Apr 2026
