Economy News

CCEA okays Rs 5,237 cr scheme to provide pulses to..

Sitting on a huge stock, the Centre decided to sell nearly 3.5 million tonnes of pulses to states at Rs 15 per kg lower price than the wholesale rate for distribution und..

Lok Sabha passes GST amendment bills

The Lok Sabha on Thursday passed four bills that seek to amend GST laws which, among other things, seek to simplify the return filing process and increase the upper limit..

CFO optimism in Jul-Sep rises; monsoon, raw materi..

Optimism level among India's chief financial officers for the July-September period has improved as compared to the previous quarter and going forward distribution of..

IMF forecasts India`s GDP to grow at 7.5% in 2019/..

India's GDP is poised to grow by 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in 2019-2020 on strengthening of investment and robust private consumption, the I..

25,000 Government organisation registered on GeM: ..

The Indian Government has said that over 25,000 government organisations from centre, state and public sector units are registered with the online platform of the commerc..

Exporters should diversify trade basket: Minister

Commerce and Industry Minister Suresh Prabhu has said that he has asked exporters to diversify trade basket and explore markets such as Africa and Latin America to expand..

Government should promote R&D & innovation in Indi..

Principal Adviser to Niti Aayog Ratan P Watal has said that the Government and industry must synergise their efforts to promote R&D and innovation in the country. Com..

Businesses should approach officers to migrate to ..

The CBIC has said that it has asked taxpayers, who wish to migrate their excise and service tax registration to the GST, to approach their jurisdictional tax officers by ..

Digital payment transactions rose to over 2,070 cr..

Digital payment transactions in the country have increased manifold to over 2,070 crore in 2017-18, Parliament was informed today. The digital payment transactions have i..

NITI Aayog and CII launch partnership on SDGs

Union Minister Raj Kumar Singh, Minister of State (IC), Power and New & Renewable Energy, Government of India, mentioned that business and government must partner for..

India`s avg per capita income higher in last 4 fis..

The Indian Government has said that India's average per capita income in the last four financial years was higher at Rs 79,882 as compared to the preceding four fisca..

Government should resolve problems faced by expor..

FIEO has said that the government needs to look into the problems being faced by exporters shipping consignments to Iran in view of the increasing threat of US economic s..