New Delhi: Industrial output for the month of October grew 9.8 per cent in comparison to the levels in the same month during the previous year, in a possible sign of economic recovery.This is the
United Nations: India's economy is projected to grow by 7.3 per cent next year and will continue to be the fastest growing economy in the world in 2016 and 2017 amid a volatile global financial
About 75 projects in the energy sector worth about Rs 70,000 crore, which could have generated 30,809 mega watts (MW) of energy—enough to supply 11% of India's annual power-generation capacity—were terminated over the last seven
Washington: India is on fourth place in terms of black money outflows with a whopping USD 51 billion siphoned out of the country per annum between 2004-2013, a US-based think-tank's report said today.Several estimates have
Sydney: A billionaire Indian businessman has reportedly met with Australia's prime Minister Malcolm Turnbull, seeking new laws that prohibit court actions against controversial environmental approvals for major projects.Gautum Adani put the proposal before the Australian
New Delhi: Pitching for early passage of the GST Bill in the Rajya Sabha, Finance Minister Arun Jaitley today said efforts to create hurdle will amount to damaging the country.The Constitution Amendment Bill to roll
Washington: Optimistic about the passage of long pending goods and services tax (GST) bill in the Parliament, Reserve Bank of India (RBI) governor Raghuram Rajan has told American investors that continued focus on fiscal consolidation
New Delhi: "Stern" steps against private telecom companies are on the cards as the government reasserted its intent to seriously address the menace of call drops in Rajya Sabha today.Private telecom companies are increasing their
New Delhi: The Central Board of Direct Taxes (CBDT) has notified use of emails as the new mode of communication between the taxman and taxpayers, as part of the government's e-initiative to reduce human interface
New Delhi: In view of difficulties faced by people of flood-hit Chennai, many financial institutions, including DHFL, have decided not to impose any penalty on the city's customers for delay in EMI payments.“We understand the
Hyderabad: Aiming to make Hyderabad the country's top information technology destination, the Telangana government will launch four new policies for IT, innovation, gaming and animation and hardware on December 28 during Microsoft CEO Satya Nadella's
New Delhi: The committee on the goods and services tax headed by Chief Economic Advisor Arvind Subramanian on Friday recommended a revenue neutral rate range of 17-18 percent for the proposed GST.The revenue-neutral rate is
New Delhi: In recommendations aimed at breaking the GST logjam, a panel headed by Chief Economic Advisor Arvind Subramanian today suggested dropping additional one per cent tax on inter-state sales over and above the Goods
New Delhi: Union Finance Minister Arun Jaitley believes that there is no need to be worried over the fiscal deficit given the fact that the economy is showing signs of returning to the growth path.Jaitley
Mumbai: Going overdrive in the defence manufacturing space, Anil Ambani-led Reliance Group has applied for as many as 16 more licences in areas ranging from missiles to radar, barely two weeks after it got conditional
Bourget (France): India has launched an ambitious alliance of 121 developed and developing sun-drenched countries and announced an assistance of USD 30 million to dramatically boost the use of clean solar energy and reduce global
Mumbai: Robust second quarter GDP numbers suggest that the economy is in early stages of recovery, RBI Governor Raghuram Rajan said today, but retained his earlier growth projection for the current fiscal at 7.4 per
New Delhi: Jet fuel or ATF price was cut today by a marginal 1.2 per cent, the third reduction in as many months, while rate of non-subsidised cooking gas (LPG) was hiked by Rs 61.50
New Delhi: Finance Ministry today expressed hope that the economy will grow in the vicinity of 7.5% during the current fiscal.The Finance Ministry further observed that the growth is being mainly driven by pick-up in
Mumbai: The Reserve Bank of India today kept its short-term lending and borrowing rates unchanged, in line with expectations, balancing its policy action between a comforting, 7.4 per cent economic growth for the second quarter
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