Washington: With the vast depth and size of its market, India's ability to absorb international shocks is far stronger as reflected in the rupee remaining relatively stable, said Finance Minister Arun Jaitley has. "International factors
New Delhi: The government may intend to target black money with a new income tax returns form, mandating assessees to disclose their bank accounts and details of foreign visits, but it also makes filing of
New Delhi: Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16. The
Washington: Even as court battles continue over tax demand on foreign firms on deals entered in India before the change in laws, Finance Minister Arun Jaitley has sought to clarify his stand of not pursuing
New Delhi: In the US to attend the annual Spring meeting of the International Monetary Fund and the World Bank, FM Arun Jaitley told foreign audiences that “India was reeking with the odour of corruption
Washington: Having initiated a series of administration and legislative reforms, India is on its way to have a modern and friendly tax system, Union Finance Minister Arun Jaitley has said.“Such a modern tax system, which
Washington: The new Indian government has been able to address the country's most pressing economic problems and reduce the costs of doing business in less than a year after coming to power, Finance Minister Arun
Washington: India has the potential to make nine to 10 per cent growth rate “a new normal”, Finance Minister Arun Jaitley said today while asserting that high growth was essential to meet the challenges posed
New Delhi: Even as onion prices continued to bring tears to consumers, India's annual rate of wholesale inflation decelerated for the fifth successive month to (-)2.33 percent (March 2015 over March 2014) from (-)2.06 percent
Washington: India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 per cent on the back of recent policy initiatives, pick-up in investments and lower oil
Washington: The World Bank has forecast India's growth accelerating to 8 percent for the next fiscal and said the country is well-placed in a region that has not only logged the highest economic expansion but
Berlin: Prime Minister Narendra Modi, who is currently touring Germany as part of the second leg of his three-nation tour, arrived in Hannover to inaugurate the India Pavilion on Monday.According to reports, Prime Minister Modi
New Delhi: Matching its competitor HDFC Ltd, State Bank of India today announced a cut in home loan rate by up to 0.25 per cent, providing relief to new borrowers.The cut in interest rate on
Paris: Around 3.5 lakh well-off people have given up subsidised LPGs, Prime Minister Narendra Modi has said, noting that the money saved on this will be diverted to those who still use wood for cooking.Addressing
Mumbai: The rupee depreciated by 15 paise to 62.39 against the dollar in early trade today on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report.Besides, increased demand
Washington: Ahead of the next week's IMF-World Bank Spring Meetings, IMF chief Christine Lagarde yesterday described India as "growth bright spot" and said New Delhi should focus on labour and product market reforms. "Forecasts for most
Hyderabad: Before falling from grace by admitting to India's biggest accounting fraud, B Ramalinga Raju was a poster boy of the Indian IT industry who rose to fame with a solution for the highly-feared Y2K
New Delhi: Reserve Bank of India Governor Raghuram Rajan today said that banks in distress will get capital support from the government if they make a clear case for recapitalisation.The government has changed the criteria
New Delhi: In a terse message to industry, Prime Minister Narendra Modi has blamed private sector of still being stuck with "legacy issues" like tax terrorism and selective exemption, and said that "red tape" can't
New Delhi: The Moody's upgrade of India's rating outlook to 'positive' from 'stable' is significant, but the government will have to do more, Finance Minister Arun Jaitley said on Thursday."Moody's has changed rating outlook to
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