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The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Govt seeks Parliament's nod for Rs 11,698 cr additional expenditure

The government is also seeking Rs 1,708 crore for the Petroleum Ministry.

31 July 2018 12:56 PM IST

Vietnamese Envoy to India Ton Sinh Thanh pitched for strengthening trade and economic ties between New Delhi and Hanoi in the coming years in a bid to strengthen bilateral relations between the two countries.

Vietnam pitches for strengthening trade with India

Thanh further opined that India's economic growth will touch 7.3 per cent to 7.5 per cent in the near future.

31 July 2018 12:39 PM IST

BOJ intends to maintain current extremely low levels of short- and long-term rates for an extended period of time.

BOJ takes steps to make policy flexible but vows to keep rates low

BOJ decided to maintain its short-term interest rate target at minus 0.1 per cent.

31 July 2018 12:23 PM IST

The bill also proposes to enables F 1 student visa holders to seek permanent resident status while a student or during Optional Practical Training (OPT). (Photo ;PTI | Representational)

All unselected H-1B petitions returned: United States

On April 6, USCIS received 94,213 H-1B petitions in the general category and 95,885 in the advanced degree category.

31 July 2018 9:25 AM IST

Vendors and small traders at major city markets complained that their business was hit even on weekends as they ran out of changes. (Photo: PTI)

Small traders to be exempt from GST registration

The facility may also be extended to micro firms that make inter-state supply.

31 July 2018 9:18 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Govt to revamp flagship insurance schemes for poor

Objective is to make policies affordable to poorest of the poor.

31 July 2018 9:05 AM IST

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

RBI lists 240 new accounts for NPA tag

List of NPAs could be released in September quarter because a new bunch of NPAs are being reported.

31 July 2018 8:58 AM IST

The Indian Railways has been treated as a political tool by successive governments.

Local cos set to bag rail supply order

SAIL, JSPL and Indian Railways did not immediately respond to emails seeking comment.

31 July 2018 1:57 AM IST

PM Modi was interacting with women associated with Self Help Groups through video conferencing on the Narendra Modi (NaMo) app. (Photo: ANI)

PM Modi's bigmen speech to ease India Inc's concern

The PM has strengthened industry's resolve to actively participate in the revival of the economy, he added.

31 July 2018 12:54 AM IST

Agriculture is one of those sectors where we have seen no reforms, whether in terms of export-import policies or domestic constraints.

Agriculture sector must grow at 4 pc or higher to boost economy: Kant

Agriculture tech startups have raised over USD 800 million in the last 5 years, he added.

30 July 2018 7:35 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Task force set up to evaluate and curb import dependance, says govt

Some countries including Saudi Arabia and Kuwait have imposed ban on import of certain agricultural products.

30 July 2018 3:48 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.

NAA seeks inputs from Airtel, Indigo for impact of GST on prices

The companies have been asked to submit the calculation within a fortnight.

30 July 2018 3:24 PM IST