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  Business   Economy  01 Jun 2017

Business, Economy, 01 Jun 2017

FHRAI seek GST at 12 per cent for the hospitality industry.

The apex body of the hotels and restaurants sector has requested the government to re-look at the present rates fixed.

01 Jun 2017 8:29 PM

Cement makers reassure Gadkari of fair pricing

Gadkari had raised concerns that the perception is that the cement Industry was deliberately hiking prices.

01 Jun 2017 7:56 PM

Panagariya backs India to regain crown of fastest growing economy

India lost the tag to China in the March quarter with the GDP growth slipping to 6.1 per cent.

01 Jun 2017 6:52 PM

Strategic partnership to help attract FDI in defence: Jaitley

Finance Minister says entry of foreign investors is linked to kind of orders they will get.

01 Jun 2017 5:15 PM

Private equity investment touches USD 6.8 billion

According to the PwC MoneyTree India report, the USD 6.8 billion PE investment is second only to the around USD 6.9 billion.

01 Jun 2017 4:28 PM


FY18 growth to recover to 7.2 pc; 25bps rate cut on Aug 2: BofAML

Gross Value Added slipped sharply to 6.6 per cent in last financial year ended March 31.

01 Jun 2017 4:15 PM

Response to PMGKY 'not so good', only Rs 5,000 crore declared: Govt

Govt had come out with PMGKY giving them time until March-end to come clean by paying tax and penalty.

01 Jun 2017 3:48 PM

Resolution of NPAs is still work in progress: Jaitley

High NPA levels also impact the capacity of the banking system to support growth.

01 Jun 2017 3:28 PM

Arun Jaitley plays down demonetisation growth hit

The finance minister said that the annual rate of growth was

01 Jun 2017 1:29 PM

Reform measures to broaden tax base, cut debt: Moody's

GST will have a muted short-term impact, but its benefits will accrue over medium term.

01 Jun 2017 12:32 PM


Manufacturing PMI falls to 3-month low in May

RBI changing neutral monetary policy stance to accommodative in coming months in order to support the economy.

01 Jun 2017 12:05 PM

Shaktikanta Das retires as Economic Affairs Secretary

Shaktikanta Das will continue to express his opinion on important matters, now as a private individual.

01 Jun 2017 11:30 AM

GST will create 5 lakh jobs for computer operators

The focus of the government is to provide entrepreneurship skills and promote self-employment.

01 Jun 2017 9:44 AM

GDP to accelerate by 0.75 per cent in FY18: CEA

Economic growth slowed to 7.1 per cent in FY17, a year in which 87 per cent of currency was demonetised.

01 Jun 2017 9:09 AM

Note ban impact: GDP growth dips to 7.1 per cent

Opposition was quick to attack the government over poor GDP growth in the last quarter of FY17.

01 Jun 2017 6:47 AM