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  Business   Economy  22 Nov 2017

Business, Economy, 22 Nov 2017

NBFCs to continue to dominate MSME credit market: report

Overall the formal credit to the MSME sector is seen clipping at 11 per cent each over the next two years.

22 Nov 2017 8:17 PM

Need to give push to reforms with human face: Venkaiah Naidu

Fifty six lakh people have joined the ranks of Income Tax payees post exercise by government last year.

22 Nov 2017 8:12 PM

Govt sets up panel to review income tax laws

In 2016 Finance Minister Arun Jaitley also promised to lower corporate tax rate to 25 per cent in 5 years.

22 Nov 2017 7:55 PM

MMTC to import 2,000 tonnes onion to check prices: Paswan

New kharif crop is likely to be lower by 10 per cent as area sown is less by 30 per cent.

22 Nov 2017 7:23 PM

Telangana to soon come out with Retail Trade Policy: official

Policy is expected to come out in next 2 months and there will be lots of incentives which will be regulatory in nature.

22 Nov 2017 6:58 PM


Cabinet approves India's membership for EBRD

EBRD's core operations pertain to private sector development in their countries of operation.

22 Nov 2017 5:08 PM

Cabinet nods amendments to insolvency and bankruptcy code

The Finance Ministry had earlier asked banks to ensure that wilful defaulters were prevented from buying same stressed assets again.

22 Nov 2017 4:57 PM

April-Oct trade deficit soars 60 pc to $88 billion: report

Current account deficit widening by 40 bps for every 10 per cent increase in crude prices.

22 Nov 2017 4:35 PM

Cabinet approves setting up 15th Finance Commisison, wage policy for CPSEs

The Union Cabinet also agreed to revise the salaries, gratuities, pensions, etc of judges of the Supreme Court and high courts.

22 Nov 2017 3:40 PM

Cabinet gives nod to wage policy framework for CPSE workers

Government would not provide any budgetary support for any such wage increase.

22 Nov 2017 2:28 PM


COAI asks UIDAI for more time to operationalise OTP-based Aadhaar verification

The government announced last month that Aadhaar-based verification of existing SIMs can be done via OTP-based method.

22 Nov 2017 1:56 PM

No more cheque books! Modi govt may ban them to boost digital economy

This move may cause severe inconvenience for traders, 95 per cent of whose transactions are via cheques and cash.

22 Nov 2017 11:06 AM

43.67 traders file GSTR-3B returns in October

The last date of GSTR-3B filing, which is the initial sales return, for October was on Tuesday.

22 Nov 2017 8:55 AM

Industrial growth to fuel rise in Q2 GDP

Icra expects real manufacturing GVA growth at 6.8 per cent.

22 Nov 2017 2:44 AM

Moody’s defends decision to upgrade India’s ratings

The rating agency said that the number of reforms will combine to enhance India’s structural credit strengths.

22 Nov 2017 2:44 AM