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The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

India, Latin American nations have huge potential to boost trade ties:...

The LAC region comprises 43 countries and the major economic and trading partners of India.

28 Feb 2019 2:04 PM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

New CBDT boss asks I-T dept to maximise revenue collection, get more...

Tax department has been given a target in Union budget to collect Rs 11.5 lakh cr revenue under the direct taxes...

28 Feb 2019 11:17 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

UBS sees RBI getting into an aggressive easing mode in FY20

CPI inflation is likely to remain below 4 per cent until October and averages at 3.8 percent in FY20.

27 Feb 2019 5:25 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's economy seen losing momentum ahead of election

Economic growth could suffer from a possible slowdown in state spending in the two months before the election.

27 Feb 2019 4:52 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.

Panel to overhaul direct tax law seeks 3 months extension

The panel was initially supposed to submit its report to the government, within 6 months, by May 22, 2018.

27 Feb 2019 3:52 PM IST

Sugar prices staged a smart comeback at Rs 150 per quintal.

Sugar mills contract to export 20 lakh tonnes so far in 2018-19

Of the total contracts, about 8-10 lakhs have already been shipped overseas, ISMA Director General Abinash Verma said.

27 Feb 2019 3:48 PM IST

Union Finance Minister, Arun Jaitley addressing a press conference after the 5th Goods and Services Tax (GST) Council meeting in New Delhi. (Photo: PTI)

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per...

27 Feb 2019 2:34 PM IST

They have managed to create solar cells using a simple inkjet printer. (Photo: Pixabay)

India may impose anti-dumping duty on a certain type of sheet used in...

The commerce ministry's dumping investigation arm DGTR has recommended the duty in the range of USD 537 to USD 1,559 per...

27 Feb 2019 2:17 PM IST

Defence minister Nirmala Sitharaman

Approval granted for purchase of defence equipment worth Rs 2,700 cr

The meeting of the council, the highest decision-making body for defence purchase, was chaired by Defence Minister...

27 Feb 2019 1:52 PM IST

Fund infusion into PSBs not sufficient to support lending growth:...

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 1:03 PM IST

Maximum retail price of goods must include the GST component, a high-level panel of state finance ministers has recommended. (Photo: Pixabay)

Indian consumption to hit Rs 335 lakh crore by 2028: Study

Going ahead, a GDP growth of 7.3 per cent between 2018 and 2023 and 6.2 per cent between 2023 and 2028 will fuel...

27 Feb 2019 1:39 AM IST

The possible coming together of online retailers Flipkart-Amazon combine may face close scrutiny for competition issues as the combined entity will be a dominant player in the fast growing Indian e-commerce market, according to experts.

Consumer market to treble by 2028 to Rs 335 trillion: report

The consumer market was around Rs 110 lakh crore in 2018, clipping past 13 percent annually.

26 Feb 2019 3:23 PM IST