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Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Banks ink pact for NPAs

Not a parallel system but within the framework of IBC, says Goyal.

24 July 2018 5:45 AM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Defence industries attract a negligible USD 10,000 FDI in 2017-18

The government has put in place a liberal and transparent policy for FDI.

23 July 2018 5:37 PM IST

Right to Pee campaign to highlight the plight of women deprived of toilets in public places.(Photo: PT/File)

No proposal to hike subsidy given to construct toilets, says govt

Jigajinagi said as many as 417 districts and 3,99,850 villages in the country have been declared as Open Defecation...

23 July 2018 5:27 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Insolvency amendment bill to benefit one industry, says Opposition

The insolvency law empowers home buyers to be recognised as financial creditors.

23 July 2018 4:51 PM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Income Tax Department set to collect over Rs 60,000 crore

State-owned NMDC Limited and Andhra Bank have been the top corporate tax payers in the region.

23 July 2018 4:04 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Allocation to SIDBI out of startup funds down at Rs 100 cr in FY17

The government had established Rs 10,000 crore FFS to meet the financial needs of startups.

23 July 2018 3:34 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Govt revenue to drop by Rs 15,000 crore annually on GST rate cut

According to the interim finance minister Piyush Goyal, the revenue loss will be negligible.

23 July 2018 1:54 PM IST

The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana to Rs 250 from Rs 1,000 earlier, a move that will enable more number of people to take advantage of the girl child savings scheme.

Govt slashes minimum deposit for Sukanya Samriddhi account to Rs 250

The minimum deposit that has to be made in the account annually thereafter too has been lowered to Rs 250 from Rs 1,000.

22 July 2018 5:29 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

India Inc becoming more vulnerable to sudden policy changes: Assocham

It added that any amendment in rules should involve stakeholders' consultation before being pronounced.

22 July 2018 3:23 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Govt cuts sales tax across sectors to ease pain of traders and...

Revenue collections from GST are a crucial pillar of government's plan to cut its fiscal deficit.

22 July 2018 1:43 PM IST

The latest order said the deadline for the PAN-Aadhaar linking for filing I-T returns was being extended after consideration of the matter. (Photo: AFP | Representational)

Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar

The finance ministry is likely to send an email to the micro, small and medium enterprises soon.

22 July 2018 12:43 PM IST

Coal-fired projects are struggling with lower offtake for the power they generate.

Major ports see 19 pc surge in thermal coal imports in April-June

Thermal coal is the mainstay of India's energy programme.

22 July 2018 12:01 PM IST