Wednesday, Jul 17, 2019 | Last Update : 01:46 PM IST

Economy Page-2

India attracts USD 64.4 bn FDI in FY19 despite global headwinds: V Muraleedharan

Centre is considering further opening foreign direct investment in aviation, media and other sectors.

11 Jul 2019 9:18 AM

Over 3,133 cr digital transactions in FY19, positive trend for ongoing fiscal: Prasad

The government has set a target of over 4,000 crore digital transactions in the ongoing financial year.

10 Jul 2019 8:35 PM

India to get Swiss bank details of all Indians from September

The first set in September would be followed by further despatches on a yearly basis, according to Switzerland's FDF.

10 Jul 2019 7:29 PM

MMTC postpones tender to import corn: Traders

The previous tender deadline was Tuesday, July 9. Offers must now remain valid up to July 18.

10 Jul 2019 1:33 PM

Govt to take into account risks associated with sovereign bonds: CEA

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

09 Jul 2019 7:45 PM

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PCI says abolishing MDR charges to dry up investment capital, kill revenue source

PCI said digital payments in India have received quite high interest from various investors, both domestic and international.

09 Jul 2019 6:25 PM

India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

09 Jul 2019 3:31 PM

India probes alleged dumping of flat rolled steel products from 15 nations

India conducts anti-dumping probes on of applications filed by domestic industry with prima facie evidence of dumping of goods.

09 Jul 2019 2:46 PM

Housing sales in 8 major cities up 4 pc in Jan-Jun; supply rises by 21 pc: Knight Frank

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago period.

09 Jul 2019 1:04 PM

Inflation likely rose in June, but below RBI target: report

The fiscal deficit target for this financial year was reduced to 3.3 per cent from 3.4 per cent.

09 Jul 2019 11:59 AM

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Govt to soon issue clarification on applicability of surcharge on FPIs: Finmin

FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.

09 Jul 2019 8:30 AM

5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

08 Jul 2019 8:32 PM

Agriculture Minister expresses concern over delay in sowing of kharif crops

The Centre is in touch with the states to jointly tackle the situation if there is any drought like situation.

08 Jul 2019 5:40 PM

Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs 5 cr.

08 Jul 2019 3:50 PM

Rs 70,000 cr capital infusion in PSBs credit positive, to boost economy: S&P

The capital infusion will help some banks to come out of the central bank's prompt corrective action.

08 Jul 2019 11:03 AM

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Budget revealed govt's intention to 'aggressively' push privatisation: Railway union

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.

07 Jul 2019 6:08 PM

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

07 Jul 2019 6:00 PM

Budget's infra push to boost demand for steel: Industry

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

07 Jul 2019 4:51 PM

Highest personal I-T rate in India still lower than in China, US, South Africa

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.

07 Jul 2019 4:00 PM

Govt assessed smuggling dimension while raising import duty on gold: Finance Secy

Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.

07 Jul 2019 1:45 PM

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