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  Business   Economy  13 Oct 2017

Business, Economy, 13 Oct 2017

India should prioritise public banking sector reforms: IMF

Current account deficit should remain modest, financed by robust foreign direct investment inflows.

13 Oct 2017 8:30 PM

India's trade deficit drops to 7-month low of USD 8.98 billion in September

Goods imports last month were USD 37.6 billion, a gain of 18.09 percent from the same period in 2016.

13 Oct 2017 7:03 PM

Export soars 25.67 per cent to USD 28.61 billion in Sept

Trade balance stood almost flat at USD 8.98 billion in September 2017 against USD 9 billion in September 2016.

13 Oct 2017 7:02 PM

Need stronger bank balance sheets to tackle NPAs: N S Vishwanathan

As on March 2017, gross NPAs of banks was 10 per cent of total exposure, mostly in public sector.

13 Oct 2017 6:21 PM

Gold jewellery biz may lose shine this Dhanteras due to GST

In a relief to the industry, the government has removed jewellery dealers from purview of PMLA.

13 Oct 2017 6:18 PM

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9 crore people given loans of Rs 4 lakh cr under Mudra scheme

Under the scheme 80 per cent are women and 55 per cent from OBC, SC and ST categories.

13 Oct 2017 5:57 PM

Exporters to get GST refund in bank a/c filed with customs

CBEC has asked exporters to align their bank account details declared to customs with that of GST regime.

13 Oct 2017 4:10 PM

Inland Waterways Authority raises Rs 660 crore through bonds

The e-bidding for raising the bonds was organised on 11th October, 2017 on the BSE Portal.

13 Oct 2017 4:02 PM

UBS sees 0.5 per cent fiscal slippage on stimulus, lower revenues

RBI had also warned against any slippages in the fiscal math as it will stoke inflation and also hurt the macroeconomic stability.

13 Oct 2017 3:44 PM

UBS sees 0.5 per cent fiscal slippage on stimulus, lower revenues

As of August, the government has already touched 96.1 per cent of its full year fiscal deficit.

13 Oct 2017 3:09 PM

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Niti Aayog working with states for agriculture market reforms

A comprehensive agenda has been prepared to bring transformation in agriculture.

13 Oct 2017 1:58 PM

A 'different India' ready to benefit from economic recovery: Jaitley

Finance Minister Arun Jaitley said by all indications there is a 'more positive mood around the world'.

13 Oct 2017 1:06 PM

Aadhaar helped Indian govt save USD 9 billion: Nilekani

Nilekani said World Bank has really done a great job in internalising the concept of digital ID.

13 Oct 2017 12:56 PM

MP govt slashes VAT on petrol, diesel; prices applicable from midnight today

States this week reduced VAT in response to the Centre’s decision to cut excise duty on petrol and diesel last week.

13 Oct 2017 12:20 PM

Consumer inflation holds steady in September, chances of rate cut bleak

Chances of policy rate cut by the Monetary Policy Committee as the RBI expects inflation to rise in coming months.

13 Oct 2017 11:24 AM

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Increasing India-US trade to USD 500 billion not a distant dream: Jaitley

According to the United States Trade Representative figures, India was US' ninth largest trading partner.

13 Oct 2017 11:01 AM

US investors understand GST, note ban well: Jaitley

Finance Minister, on sidelines of IMF and World Bank meets, says there is a positive mood about India in US.

13 Oct 2017 9:54 AM

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