Economy - Page 96

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may cut rate by 25 bps to spur economic activity

The MPC will meet from April 2 to 4 for the first bi-monthly policy statement for 2019-20, the central bank said in a...

2 April 2019 6:23 AM IST

The state agriculture department has already identified the areas affected by the disease.

Business

Govt lays out procedure for claiming benefits under TMA scheme for...

Under TMA plan, government will reimburse a portion of freight charges and provide assistance for marketing agri...

1 April 2019 3:47 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Business

GST collection records Rs 1.06 lakh cr in March

For fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.

1 April 2019 2:49 PM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST

Business

Demonetisation good for economy in the long run: HDFC's Aditya Puri

Puri said the demonetisation has brought more money into the financial system which will boost economy on long-term...

1 April 2019 2:26 PM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

Business

India delays levying retaliatory tariff on US goods to May 2

India has once again delayed the implementation of higher tariffs on some goods imported from the United States.

1 April 2019 9:46 AM IST

Economic Affairs Secretary Shaktikanta Das

Business

RBI may go for 25 bps rate cut on April 4

A back-to-back cut in interest rate would provide relief to borrowers in the election season.

1 April 2019 8:42 AM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

Business

India extends deadline to impose high import duties on 29 US products

The govt has extended this deadline over half a dozen times since June 2018.

31 March 2019 5:16 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

Business

More and more NRIs buying homes for rental income

According to Omkar Realtors Rahul Maroo, for NRIs, real estate continues to be end-user driven due to location and...

31 March 2019 4:31 PM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Business

DGH seeks data on ONGC's top 47 fields after rejection of bid to...

DGH has asked data on its top 47 fields to monitor production and projects to raise output, an official order said.

31 March 2019 3:01 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

Roll-out of new, simplified GST return forms deferred

The new forms would be made available once they are notified and the software is ready.

31 March 2019 11:53 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

RBI sets NBFC-MFIs' average base rate at 9.21 pc for April-June

The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.

30 March 2019 10:15 AM IST