Business

April 14, 2017 7:47 PM

Indian Women Entrepreneurs have capacity to create new business: Jaitley

Union Finance Minister Arun Jaitley today said resistance to change in the economy as existed in the past is disappearing and the economy is transforming in the country. Speaking at a function organised by the FICCI in New Delhi today, Mr Jaitley said, due to the change in the nature of the economy,...

April 14, 2017 7:41 PM

Pepsi to sell mineral water at same MRP across India: Ram Vilas

Packaged drinking water, including Pepsi's bottled mineral water Aquafina will be sold at the same Maximum Retail Price across the country. Speaking to reporters in New Delhi today, Food and Consumer Affairs Minister Ram Vilas Paswan informed this. He said the Board of Control for Cricket i...

April 13, 2017 8:20 PM

Service tax may move up from 15% to 18% under GST: Revenue Secretary

Revenue Secretary Hasmukh Adhia today said that services sector is likely to attract a higher tax rate of 18 per cent under the Goods and Services Tax GST regime from the current 15 per cent. Mr Adhia said this in an interview to a News Agency in New Delhi. He however, maintained that sectors like h...

April 13, 2017 8:20 PM

Exports jumps 27.6% in March

India's exports grew by 27(point)6 per cent to 29(point)23 billion dollars in March this year as compared to same period in last year. It grew on account of robust performance by sectors like petroleum, textiles, engineering goods and gems and jewellery.For the full fiscal 2016-17, exports ...

April 12, 2017 7:44 PM

Cabinet approves hike of ?300 per quintal of raw jute for 2017-18

Union Cabinet today approved hike of 300 rupees per quintal in Minimum Support Price of raw jute for 2017-18 season taking it to a level of 3500 rupees. The decision will benefit the jute industry which supports the livelihood of 40 lakh farm families and provides direct employment to 3.7 lakh worke...

April 12, 2017 7:25 PM

Industrial output slips to 4-month low

The country's industrial output slipped to a 4-month low, as it contracted 1(point)2 per cent in February this year. Industrial output fell mainly on account of a decline in the manufacturing sector, and lower offtake of capital and consumer goods. The Index of Industrial Production, IIP, h...

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