Business, Economy, 28th Sep 2017, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 05:13 PM IST

Business Economy 28 Sep 2017

Business, Economy, 28 Sep 2017

Finance Minister Arun Jaitley. (Photo: PTI)

Arun Jaitley asks CPSEs to aggressively push capex

While reviewing the capital expenditure plans of important CPSEs, estimated at Rs 3.85 lakh crore.

28 Sep 2017 7:49 PM

Budget has pegged gross borrowing at Rs 5.8 lakh crore and net borrowing at Rs 4.25 lakh crore.

Govt plans to borrow Rs 2 lakh crore in H2, FY18

Net borrowings in the October-March period of the year has been pegged at Rs 1.92 lakh crore.

28 Sep 2017 7:02 PM

The MDR on debit cards has been at 1 per cent, while there is no fixed MDR on credit card transactions.

Card payments push may land banks with a Rs 3800 cr annual hole

Net revenue gain per annum from ON-US transactions at PoS would be around Rs 900 crore only.

28 Sep 2017 6:27 PM

The economic contribution of the real estate sector is projected to increase significantly during the period from 6.3 per cent in 2016 to almost 13 per cent in 2025.

Realty sector to have over 17 mn workforce by 2025: report

Potential employment opportunities in the real estate sector are expected at 17.2 million jobs by 2025.

28 Sep 2017 5:16 PM

Yashwant Sinha was finance minister during earlier NDA rule. (Photo: File)

Govt confuesd development can be done through welfare schemes: Sinha

Former finance minsiter says for development non-performing asset of banks should be cleared.

28 Sep 2017 5:06 PM

Finance Minister Arun Jaitley. (Photo: File/PTI)

Step up capital spending: Finance Minister to CPSEs

Central public sector enterprises have been asked to stick to capex target for current fiscal.

28 Sep 2017 4:54 PM

Electronic and IT Minister Ravi Shankar Prasad. (Photo: PTI)

Govt saved Rs 58,000 cr via DBT for subsidies: Prasad

IT minister says govt utilising digital technology to bring about changes that benefit poor and underprivileged.

28 Sep 2017 3:47 PM

Retail inflation rose to a five-month high of 3.36 per cent in August from 2.36 per cent in July.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sep 2017 3:12 PM

The quantum of FPI investments via P-notes fell to 4.1 per cent in August from 4.4 per cent in the preceding month.

P-notes investment hits over 7-year low of Rs 1.25 lakh cr

P-note holdings in equities were at Rs 88,911 crore and the remaining in debt and derivatives markets.

28 Sep 2017 2:49 PM

Foodgrains, rice, wheat, pulses, come under Aadhaar-enabled direct benefit transfer, DBT, scheme. (Photo: PTI)

Govt gives more time to get Aadhaar must for subsidies

As many as 135 welfare schemes of 35 ministries will be covered by extension.

28 Sep 2017 12:49 PM

A new I-T return filer is defined as a person who has not filed return in the previous years but is liable to do so under the law.

I-T dept fastens belt to add 1.25 cr new tax filers this year

The total number of all returns (electronic + paper) filed during the financial year 2016-17 was 5.43 crore.

28 Sep 2017 12:40 PM

Prime Minister Narendra Modi. (Photo: AP)

Policy flip-flops may risk Modi's 'Make in India' drive

GE won $2.6 bn contract to supply 1,000 diesel locomotives; rail ministry says it wouldn’t need diesel.

28 Sep 2017 11:28 AM

Tax department is sending notices for omission of GST on return filing forms.

AP trader asked to pay Rs 20,000 fine for not showing Rs 15 GST

Taxmen said in notice trader wilfully violated provisions of GST laws, a punishable offence.

28 Sep 2017 10:32 AM

Swaraj made these remarks during her interaction with a delegation of Global Organisation for People of Indian Origin (GOPIO) during her trip to New York last week, a media statement said. (Photo: PTI/File)

No new window for NRIs to deposit old notes: Swaraj

According to GOPIO, overseas citizens of India and people of Indian-origin are still holding demonetised currencies.

28 Sep 2017 9:20 AM

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Sunil Gatade