Business

September 22, 2016 8:48 PM

Centre, states agree on timetable for deciding on GST rate: FM

Union Finance Minister Arun Jaitley said, the Centre and the states agreed on a timetable for deciding on GST rate and for completion of legislative business. Briefing media in New Delhi this evening after chairing the meeting Mr.Jaitley said, starting from today, the council has roughly 2 months to...

September 22, 2016 8:00 PM

Govt aims to double food processing levels to 20%

Union Minister for Food Processing Harsimrat Kaur Badal today said that the government aims to double food processing levels by the end of its five-year term. Inaugurating an international Exhibition,"Annapoorna - World of Food 2016' in Mumbai, Ms. Kaur said food processing will la...

September 22, 2016 7:40 PM

Chinese city Yangzhou to host India business, culture fest

China's Yangzhou city is set to host India Week celebrations from tomorrow with a business and investment meeting to be attended by CEOs of top Indian firms. The city in coastal Jiangsu province has been an important business partner for India in the Eastern China Region. Consulate General ...

September 22, 2016 8:35 AM

Govt reviews impact of trade pacts on economy, employment

The government has reviewed the impact of free trade agreements (FTAs) on the domestic economy and employment generation. Sources said, the meeting of various ministries to discuss the preliminary findings of a report on these pacts was chaired by Finance Minister Arun Jaitley in New Delhi.During th...

September 22, 2016 7:00 AM

US Fed keeps its federal funds rate unchanged

The United States Federal Reserve kept its federal funds rate unchanged amid recent weak economic data and tepid inflation. The Fed said in a statement released yesterday after the two day policy meeting. The Fed raised its target range for the federal funds rate by 25 basis points to 0.25-0.5 perce...

September 21, 2016 7:38 PM

CAD narrows to USD 300mn in Q1 on massive import contraction

The country's current account deficit, CAD, narrowed sharply to just 300 million dollars, or 0.1 per cent of GDP in the first quarter of the current fiscal. Data released by the Reserve Bank of India showed that the CAD fell due to a lower trade deficit.The CAD had stood at 6.1 billion doll...

September 20, 2016 8:04 PM

Govt reviews impact of trade pacts on economy, employment

The government today reviewed the impact of free trade agreements (FTAs) on the domestic economy and employment generation. Sources said, the meeting of various ministries to discuss the preliminary findings of a report on these pacts was chaired by Finance Minister Arun Jaitley in New Delhi.During ...

September 19, 2016 11:05 AM

Pulses stock may increase during ongoing kharif season in Maharashtra

The stock of pulses in Maharashtra is likely to increase during the ongoing kharif season as there is a 41 per cent increase in the total area under cultivation of pulses. This year, 25,692 hectares of land is under cultivation with a variety of pulses as opposed to 18,195 hectares last year. Moreov...

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