India soon to ratify WTO's trade facilitation agreement

India will soon ratify the World Trade Organization WTO's trade facilitation agreement. Informing this, Union Commerce Secretary Rita Teaotia said, the agreement is important for boosting trade among nations, for simplifying the customs rules and also for reducing the cost of trading.Speaki...

India to soon ratify WTO trade facilitation pact: Com Secy

India will soon ratify the World Trade Organization WTO's trade facilitation agreement. Informing this, Union Commerce Secretary Rita Teaotia said, the agreement is important for boosting trade among nations, for simplifying the customs rules and also for reducing the cost of trading. Speak...

IT dept issues refunds worth Rs 1 lakh cr till Jan in current fiscal

The Income Tax department has issued refunds worth one lakh crore rupees till January in the current fiscal. In a tweet, Revenue Secretary Hasmukh Adhia said, Income Tax department has so far issued refunds to one lakh 75 crore assesses in 10 months of 2015-16 fiscal. He said, this refund has create...

India GDP to grow 7.6% in current fiscal

Growth in the country's GDP is forecast to accelerate to 7.6 per cent in the current fiscal, on improved performance in the manufacturing and farm sectors. This will be the fastest rate of growth in the last five years. The Central Statistics Office has also estimated the October to Decembe...

IT dept issues refunds worth Rs 1 lakh cr till Jan in current fiscal

The Income Tax department has issued refunds worth one lakh crore rupees till January in the current fiscal. In a tweet, Revenue Secretary Hasmukh Adhia said, Income Tax department has so far issued refunds to one lakh 75 crore assesses in 10 months of 2015-16 fiscal. He said, this refund has create...

India GDP to grow 7.6% in current fiscal

Growth in the country's GDP is forecast to accelerate to 7.6 per cent in the current fiscal, on improved performance in the manufacturing and farm sectors. This will be the fastest rate of growth in the last five years. The Central Statistics Office has also estimated the October to Decembe...

China's foreign exchange reserves dip to lowest level

China's foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said today, as Beijing sells dollars to stop the yuan from depreciating further. The world's largest currency hoard shrank by 99.5 billion US Dollar in January to some 3.2...

Centre expects states to increase spending on infrastructure & poverty alleviation schemes: FM

Finance Minister Arun Jaitley today said the Centre expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them.Speaking to reporters after Pre-Budget Consultations with Finance Ministers of States and Union T...

Finance Minister holding pre-budget meeting with FMs of States and UTs in New Delhi today

Union Finance Minister Arun Jaitley is holding pre-budget meeting with Finance Ministers of States and Union Territories in New Delhi today. Addressing the State Finance Ministers, Arun Jaitley said Central government would cooperate with each and every State and Union Territories. He said adequate ...

India's foreign exchange reserves recorded a rise of 1.589 billion US Dollars to 349.152 billion US dollars