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However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

Govt sets up high-level task force to find out ways to reduce import

On an average, India's imports stand at around USD 450 billion per year.

12 July 2018 4:36 PM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Amount locked up in tax litigation to reduce by Rs 5,600 cr, says...

In order to reduce litigation, the govt hiked the threshold limit for filing appeals in tribunals to Rs 20 lakh.

12 July 2018 3:26 PM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

LPG subsidy jumps 60 pc as govt maintains prices to help consumers

The government, however, subsidises 12 cylinders of 14.2-kg each per households in a year.

12 July 2018 3:01 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Mutual fund inflow rises 43 pc to Rs 1.4 lakh cr in Q1: Amfi

According to the data, investors poured in a net of Rs 1,33,903 cr in MF schemes in first quarter of ongoing fiscal.

12 July 2018 3:00 PM IST

Prime Minister Narendra Modi gestures as he speaks during a plenary session on the occasion of World Environment Day in New Delhi. (Photo: AFP)

Training youngsters as tourist guides will create employment, says...

He also wondered why the ASI was prohibiting people from clicking photographs at certain monuments.

12 July 2018 2:46 PM IST

Representational image of farmers cutting and gathering the sugarcane stems while harvesting.

Govt mulls 1 per cent cess on luxury items to build farm corpus

Seeks legal view on option; proposal to levy 1 per cent sugar cess scrapped.

12 July 2018 10:02 AM IST

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

India proposes easing local data storage rules for foreign payment...

RBI would compel global payment firms to store customer data only locally.

12 July 2018 8:55 AM IST

Telcos have long highlighted the need to rationalise the levies in the sector as it puts burden on the operators.

Telecom panel backs internet neutrality

Also clears new telecom policy to cater to change.

12 July 2018 6:58 AM IST

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

Why you should file Your Income tax returns

By filing your tax returns, you can also reclaim the excess tax that you might have paid with interest.

12 July 2018 2:08 AM IST

New Delhis Connaught Place has moved one position higher to become ninth most expensive office location in the world with an annual rent of USD 153 per sq ft, according to property consultant CBRE.

New Delhi's Connaught Place is world's 9th most expensive office...

The central business district of Nariman Point moved down to 37th position.

11 July 2018 2:28 PM IST

Prime Minister Narendra Modi. (Photo: PTI/File)

Narendra Modi to address Kisan Kalyan rally in Punjab to mark MSP hike

The rally will jointly be organised by the Shiromani Akali Dal (SAD) and Bharatiya Janata Party (BJP) in Malout.

11 July 2018 1:58 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

India's Iranian oil imports in June fall 15.9 per cent in June:...

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May.

11 July 2018 11:30 AM IST