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Jewellery market post-August 23, witnessed a downfall of 40 to 50 percent after PMLA provisions came into effect.

Gems & jewellery sector seeks cut in gold import duty to 4 pc

Finance minister Arun Jaitley said the 10 per cent import duty on gold was levied to curb current account deficit (CAD).

29 Jan 2019 3:04 PM IST

Shaktikanta Das

Centre, RBI ask banks to step up lending to MSMEs

The RBI governor asked banks to take advantage of the MSME restructuring scheme to support viable MSME units.

29 Jan 2019 1:15 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

India replaces Japan as 2nd top steel producer: worldsteel

India's crude steel production in 2018 was at 106.5 MT, up by 4.9 per cent from 101.5 MT in 2017.

28 Jan 2019 12:45 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.

Usage of GST credit under scanner

GST revenue has averaged around Rs 96,000 crore per month so far this fiscal and this reflects the cash component being...

28 Jan 2019 1:23 AM IST

Some retailers are betting on fans superstition to help them sell televisions, especially after Brazil was unceremoniously axed from the 2014 contest in a 7-1 blowout loss to Germany.

Indian M&E sector to grow at 11.7 per cent, says report

The study said that the video on demand (VoD) market has evolved across the world, including in India over the last...

28 Jan 2019 1:23 AM IST

The doodle with a 3D impression depicts the iconic facade of the grand Rashtrapati Bhavan in the backdrop, flanked by trees, reflecting the flora and fauna that resides on its sprawling campus

70th R-Day: Google doodle showcases Rashtrapati Bhavan, India's...

Internet behemoth is known to mark landmark occasions and life and times of celebrated personalities with a special...

26 Jan 2019 12:04 PM IST

The annual revenue implication of the rate cuts would be Rs 5,500 crore, Finance Minister Arun Jaitley said. (Photo: ANI | Twitter)

Arun Jaitley hits out at CBI on bankers

There is a fundamental difference between investigative adventurism and professional investigation, Jaitley wrote.

26 Jan 2019 6:35 AM IST

Union Power Minister Piyush Goyal (Photo: PTI)

Piyush Goyal counsels officials to go slow down

Goyal asked the taxmen to trust the customers with a great degree of intelligence, while adopting a customer friendly...

26 Jan 2019 6:32 AM IST

It believes that the target for institutional credit to agriculture sector is likely to get enhanced to over Rs 12 lakh crore from Rs 11 lakh crore for FY2018-19.

FM may propose more loans to farmers, SMEs

The government has recently upsized the recapitalisation package by Rs 41,000 crore for public sector banks (PSBs) to Rs...

25 Jan 2019 12:50 AM IST

This is the first time the ministry has proposed to tighten the rules to check fake driving licences to ensure road safety in the country.

Things to keep in mind to get an International Drivers Licence in...

With an international driver's license, an individual can rent/drive vehicles when they're visiting another country.

24 Jan 2019 3:59 PM IST

Syria accidentally downed a Russian military aircraft with a crew of 15 onboard when its air defences went into action against an alleged Israeli missile strike, the Russian army said Tuesday. (Photo: AFP | Representational)

Tamil Nadu wants to attract USD 10 bn investment in aerospace, defence...

The policy document was released by Defence minister Nirmala Sitharaman at the Global Investors Meet.

24 Jan 2019 10:36 AM IST

More than half of the country faces high water scarcity. Out of the 1.2 billion people living in the country, about 742 million live and farm in agricultural heartlands.

Water shortage may set off next bad loan wave

According to the report, a close to 40 per cent of the gross credit exposure of Indian banks is in sectors where water...

24 Jan 2019 1:17 AM IST