Deepening corporate bond market top priority of govt: FM

Finance Minister Arun Jaitley today said deepening corporate bond market is a top priority of the government and it has accepted most of the recommendations of HR Khan Committee which will be implemented in 6-8 months. Addressing a seminar on "Challenges in Developing the Bond market in BRI...

Solid demand, milestone reforms to sustain India's growth: ADB

An Asian Development Bank study has forecast that the Indian economy will remain on a strong growth path and grow by 7.4 percent this fiscal. The ADB said growth will be aided by implementation of key structural reforms, robust consumer demand, and higher agricultural output. The latest Asian Develo...

SEBI Chairman stresses on need to form BRICS Nations Bond Markets

US Stocks Slide as Banks Tumble on Deutsche Bank Worries

US stocks slumped, yesterday, with banks taking the biggest losses. Deutsche Bank hit an all-time low as investors worried about the financial health of Germany's largest bank. The U.S. presidential debate between Democratic nominee Hillary Clinton and her Republican rival Donald Trump also...

Tax dept unveils draft rules for registration under GST

The Central Board of Excise and Customs,CBEC has come out with three draft rules for registration, invoice and payments under Goods and Services Tax,GST. The draft rules were unveiled in less than a week after the first meeting of the GST Council.The Board has invited comments on the rules by Wednes...

Visakhapatnam – Chennai coastal corridor would change the face of Visakhapatnam: Venkaiah Naidu

Union Minister for Urban Development and Information Broadcasting M. Venkaiah Naidu said Visakhapatnam - Chennai coastal corridor would change the face of Visakhapatnam as it would not only provide more job opportunities, but also boosts Indian economy. Speaking after inaugurating the India Internat...

India to attract Chinese MNCs at strategic dialogue next month

India will showcase investment opportunities to Chinese multinationals at the India-China Strategic Economic Dialogue next month. NITI Aayog Vice-Chairman Arvind Panagariya told media that there will be deliberations on cooperation in the areas of highways, railways and urban development in view of ...

GST threshold fixed at Rs 20 lakh, rate to be decided in Oct

The Goods and Services Tax, GST Council has fixed the annual turnover limit for exemption at Rs 20 lakh and resolved that all cesses will be subsumed in the GST. Briefing media after the meeting, Finance Minister Arun Jaitley said, the limit would be 10 lakh rupees in the north-eastern states. He sa...

Exemption threshold for GST fixed at Rs 20 lakh: Jaitley

Finance Minister Arun Jaitley has said that the exemption threshold for Goods and Services Tax, GST has been fixed at 20 lakh rupees. Speaking to media after the 2nd day of GST council meeting in New Delhi, Mr Jaitley said, the exemption threshold for GST in North-Eastern states has been fixed at 10...

Centre is focussed to spend on infrastructure to create smooth logistics experience for industries: Sitharaman

Centre is focussed to spend on infrastructure to create smooth logistics experience for industries. Addressing a two-day Invest North Summit in New Delhi Commerce Minister Nirmala Sitharaman said, the interaction between industry and government is essential.The Minister said, on ease of doing busine...