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The sector has been seeking a rebate on all the embedded taxes paid by the value chain, including those on diesel, electricity, fertilisers for cotton and the like.

Apparel industry lauds central rebate on taxes

The government has also brought down the hank yarn obligation for spinning mills from 40 per cent to 30 per cent.

9 March 2019 1:09 AM IST

MF equity inflows dip to 25-month low

Inflows in the equity mutual funds dipped to a 25 month low.

9 March 2019 1:08 AM IST

E-Commerce platforms helping Indian sellers.

Consumer internet firms raised $7 billion in 2018

Online grocery & food delivery firms grabbed $1.62 bn.

9 March 2019 1:08 AM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

ED probes Philip Morris, Godfrey Phillips deal

A spokesman for the Enforcement Directorate did not respond to an e-mail seeking comment.

9 March 2019 1:06 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

Draft e-comm policy: DPIIT to extend deadline for seeking...

The department will start a round of stakeholder consultations on the draft policy from Friday.

8 March 2019 11:21 AM IST

No expert recommends farm loan waiver. Unlike the farm loan waiver, PM Kisan Samman is a long term measure to supplement farmers income, said PM Narendra Modi. (Photo: India Today)

Uttar Pradesh, Andhra, Gujarat ahead in taking benefit of PM-KISAN

The laggard state was Karnataka where only three farmers received the funds as on March 7.

8 March 2019 11:16 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.

RBI notifies 2 pc interest subsidy scheme for short-term crop loans

Under the scheme, an additional 2 per cent interest subvention is provided to farmers repaying loans promptly.

8 March 2019 10:57 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

CBIC clarifies on levy of GST on sales promotion schemes

Clarification on tax treatment of sales promotion schemes under GST is a welcome relief particularly for FMCG and...

8 March 2019 10:48 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Tactical investment beats volatility

An important step in building a successful portfolio is to divide capital among different classes of assets, he said.

8 March 2019 7:01 AM IST

Sugar industry unhappy with the fund allocation.

Soft loans of Rs 12,900 cr for sugar mills okayed

The Cabinet also allowed the alternative mechanism to decide on the timing, price and quantum of strategic sales of...

8 March 2019 12:37 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee closes at highest level in two months

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.02 per cent to...

8 March 2019 12:35 AM IST

More than 50 million Indian women of working age are educated but not employed, said a recent McKinsey report.

More women means more profit: Studies

Research has also projected that India's GDP would rise by $700 billion by bringing the next 68 million women into the...

8 March 2019 12:34 AM IST