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  Business   Economy  30 Nov 2017

Business, Economy, 30 Nov 2017

12, 18 per cent GST rates to be merged; luxury items in 28 per cent slab

Merging of 12 and 18 per cent slab mean some items in 12 per cent bracket will be sent to 5 per cent.

30 Nov 2017 6:48 PM

India's GDP growth breaks five-quarter slide, jumps to 6.3 per cent in Q2

Government figures showed Asia's third-largest economy expanded for the first time in five quarters.

30 Nov 2017 5:51 PM

Intend to move on track on fiscal deficit glide path: Jaitley

Government has budgeted to bring down fiscal deficit to 3.2 per cent of GDP in 2017-18.

30 Nov 2017 5:40 PM

India's infrastructure output grows 4.7 pc in October

Growth in output compares with a downwardly revised 4.7 per cent year-on-year growth in September.

30 Nov 2017 5:35 PM

CSR spending rose to Rs 9,882 crore in 2015-16: Chaudhary

CSR expenditure of companies for year 2015-16 from annual financial statements filed with govt.

30 Nov 2017 5:29 PM


Digital India to create Internet access to all: Manoj Sinha

Since January 1, 2017, more than 26.7 billion digital transactions have been completed in India.

30 Nov 2017 4:40 PM

Fitch may revise banks' rating if recapitalisation done early

Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.

30 Nov 2017 4:23 PM

India has standardised itself for 7-8 per cent growth: Jaitley

India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

30 Nov 2017 3:40 PM

Jaitley hints at further rationalisation of GST rates

Jaitley said GST started with different tax rates and they have rationalised rates on many items.

30 Nov 2017 3:39 PM

Fiscal deficit hits 96 per cent of India's total budget estimate in October

India's fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo: PTI/Representational)

30 Nov 2017 3:27 PM


Flat income tax rate undesirable for India: stakeholders

Stakeholders believe a flat income tax rate is not progressive in an unequal society like India.

30 Nov 2017 3:12 PM

India poised to become world's third largest economy: Prabhu

Government wants to take manufacturing to 20 per cent of the GDP, helped by SMEs.

30 Nov 2017 2:38 PM

India seen posting stronger growth on GST, note ban disruptions fading

The economy had slowed down to a trickle of 5.7 per cent in the June to April quarter, largely on GST and note ban disruptions.

30 Nov 2017 9:24 AM

Chandrasekaran wants Tata companies to cash in on India opportunity

He, however, said different firms of the Tata group need to understand their individual domestic prospects.

30 Nov 2017 9:00 AM