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The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Commodity turnover up 20 per cent in FY19

The FY19 turnover is the highest since the commodity transaction tax was introduced in 2013.

6 April 2019 1:43 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

11 cross-border reinsurers allowed to do business in India

Apart from the domestic reinsurer GIC Re, a few international reinsurers operate in the country by opening their...

6 April 2019 1:43 AM IST

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

Bank of India to sell 25 per cent in Star Union Dai-ichi

The Reserve Bank of India had removed BoI from its prompt corrective action (PCA) framework in January, easing some...

6 April 2019 1:43 AM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Forex reserves soar over USD 5 bn to reach USD 412 bn

In the previous week, the reserves had increased by USD 1.029 billion to USD 406.667 billion.

5 April 2019 8:34 PM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

Focused on reducing non-viable PSUs, says Secretary DPE

Secretary in the DPE Seema Bahuguna said it is imperative for CPSEs now to reinvent themselves and become competitive.

5 April 2019 8:26 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Directors, investors in unlisted cos cannot file Income Tax returns...

This aimed at tightening the noose on unlisted companies appointing dummy directors and use shell companies for money...

5 April 2019 8:13 PM IST

Railway Minister Suresh Prabhu

India mulls hosting second WTO mini-ministerial meet next month:...

This meeting assumes significance as several countries are raising questions over the relevance of the global trade...

5 April 2019 4:47 PM IST

The gold bars of 99.9 per cent purity were found inside the pockets.

Gold rises by Rs 100 on jewellers' buying

Gold is trading at Rs 32,770 per 10 gram in the national capital on Friday due to increased buying by jewellers.

5 April 2019 4:04 PM IST

The Sensex resumed higher at 26,756.66 and firmed up to 26,769.32 on initial buying.

Sensex ends 177 points higher; Nifty above 11,600

The BSE gauge Sensex closed 177.51 points, or 0.46 per cent, higher at 38,862.23.

5 April 2019 4:00 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Income Tax return forms for AY 2019-20 notified

Individuals, firms and companies have to file returns for the income earned in 2018-19 during the course of current...

5 April 2019 3:46 PM IST

Philippines national carrier Philippines Airlines has appointed Bird Travels as its general sales agent.

Airfares in India see sharp rise in last few months: report

Fitch said it expects growth in Revenue Passenger Kilometres to weaken further until supply increases.

5 April 2019 3:29 PM IST

DIPP secreatry Ramesh Abhishek (Pics:Youtube)

We need a platform where all stakeholders work together: DPIIT Secy

This platform would look at the steps which need to be taken for industrial growth, Ramesh Abhishek said here at CII...

5 April 2019 3:12 PM IST