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  Business   Economy  13 Jun 2017

Business, Economy, 13 Jun 2017

FRBM fails to curb fiscal imbalances build-up: Arvind Subramanian

Chief Economic Adviser Arvind Subramanian said FRBM has not been able to stop building up of "dangerous" fiscal imbalances.

13 Jun 2017 8:58 PM

RBI signs pact with Czech National Bank

With this, RBI has signed 40 such MoUs, two LoCs and one statement of cooperation with several countries.

13 Jun 2017 8:44 PM

82 lakh enroll for EPFO's Employees' Enrolment Campaign

Initially, the scheme was for three months till March 31, 2017 but later it was extended till June 30, 2017.

13 Jun 2017 8:15 PM

CBEC cuts import duty on some steel grades to 5 per cent

CBEC halved import duty on certain grades of steel to 5 per cent with a view to cut cost of raw material for domestic industry.

13 Jun 2017 7:39 PM

Jaitley to address Korean businessmen during South Korea visit

Jaitley will address businessmen from leading companies and SMEs as well as corporate and institutional investors in the seminar.

13 Jun 2017 7:02 PM


Analysts sure of RBI rate cut due to record low CPI inflation

The RBI chose to go for a status quo in the policy rates at its review last week.

13 Jun 2017 6:34 PM

RBI examining relaxing NPA classification limit beyond 90 days

As per some estimates, banks are sitting on unrecognised stressed loans worth Rs 7.7 lakh crore in corporate and SME sectors.

13 Jun 2017 6:26 PM

Modi cabinet to decide on 7th Pay Commission's revised allowances

Central government employees are currently waiting for a positive response from the government.

13 Jun 2017 6:15 PM

Nobody will be at a disadvantage under GST: Drabu

State Finance Minister says Jammu & Kashmir draws powers from its own Constitution.

13 Jun 2017 5:02 PM

Top retailers meet to discuss pricing, margin issues post-GST

All retailers are in talks individually with FMCG companies to ensure that their margins are retained.

13 Jun 2017 4:57 PM


CSO to alter GDP base year to 2017-18 from 2011-12: Gowda

In 2015, CSO under the Statistics Ministry had changed the base year for tabulating the GDP to 2011-12 from 2004-05.

13 Jun 2017 4:51 PM

GST rollout from July 1, don't be misled by delay rumours: Govt

Government of India has emphasised that GST is scheduled to roll out on July 1, 2017.

13 Jun 2017 4:46 PM

Govt working on new industrial policy

Official said new policy would focus on several areas like ways to encourage innovation etc.

13 Jun 2017 4:17 PM

Lower GST on job work of textile yarn to help SMEs: CITI

A job work involves a manufacturer sending goods out of factory for specialised processing job.

13 Jun 2017 2:42 PM

Cooling food inflation to pull June CPI to sub-2 pc: BofAML

RBI left key interest rate unchanged as it wanted to be more sure that inflation will stay subdued.

13 Jun 2017 2:41 PM


RBI issues new batch of Rs 500 notes to boost supply

There is no major change in design of these notes in comparison to the earlier issued notes.

13 Jun 2017 2:04 PM

Farmers ask Govt to roll back 5 per cent GST on raw tobacco

Tobacco farmers across Andhra Pradesh have stalled auctions in all platforms.

13 Jun 2017 1:46 PM

Hasmukh Adhia rules out delay in GST rollout

Govt also has indicated it was now fully prepared to implement GST from July 1,2017.

13 Jun 2017 12:14 PM

Govt wants to check your online shopping habit

Next consumer expenditure survey will start in July and will continue till June 2018.

13 Jun 2017 10:40 AM

Pune airport will open new area of growth for city: Sinha

India currently has 6.8 million flyers which would go up to 8 million by next year.

13 Jun 2017 9:37 AM