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  Business   Economy  16 Jun 2017

Business, Economy, 16 Jun 2017

DIPP starts a GST facilitation cell for industry     

It shall be the first point of contact for addressing any issue faced by any sector related to the department.

16 Jun 2017 8:33 PM

Indian dream of USD 1 trillion digital economy, govt to frame 3 new policies

The government will come out with three new policies, including electronics manufacturing and data protection.

16 Jun 2017 7:18 PM

TCS senior leader to head Niti Aayog's Atal Innovation Mission

The government has appointed Ramanathan Ramanan, a senior executive of Tata Consultancy Services (TCS) to head Atal Innovation Mission.

16 Jun 2017 6:33 PM

Modi govt can now trace black money in Swiss accounts

Switzerland's ratification of automatic exchange of financial account information with India marks the end of its banking secrecy.

16 Jun 2017 6:03 PM

Black money: Switzerland ratifies auto info sharing pact

Implementation of pact is planned for 2018 and first set of data should be exchanged in 2019.

16 Jun 2017 5:08 PM


Govt to design new policy on electronics, says IT Minister

Prasad said the new policy will look at growth areas in electronics manufacturing segment.

16 Jun 2017 4:37 PM

GST return filing: Excel sheet format to come on June 25

As per the GST law a return of all sales or trade made in a month have to be filed online by the 10th of the following month.

16 Jun 2017 4:05 PM

Govt makes Aadhaar mandatory for opening bank accounts

Existing bank account holders have been asked to furnish Aadhaar number by Dec 31, 2017.

16 Jun 2017 3:53 PM

CAD expected to be around 1.4 pc of GDP in 2017: Nomura

For the full fiscal 2017, CAD narrowed to 0.7 per cent of GDP compared to 1.1 per cent in the previous fiscal.

16 Jun 2017 3:52 PM

Fan makers worried for 28 per cent GST on fans

Total annual fan industry is worth Rs 9000 crore of which organised sector account for Rs 6000 crore.

16 Jun 2017 3:23 PM


India ready for GST, anti-profiteering rules soon: Adhia

GST will unify India's $2-trillion economy and 1.3 billion people into a single market.

16 Jun 2017 2:44 PM

GST effect: Multiplexes vs single-screens

Tickets costing Rs 100 or below will come under 18 per cent GST rate, as opposed to the 28 per cent proposed earlier.

16 Jun 2017 2:25 PM

Make India $1 trillion digital economy in 4 yrs: Prasad to industry

Indian IT sector has crossed Rs 10 lakh crore in revenue and exports have crossed Rs 7.5 lakh crore.

16 Jun 2017 1:37 PM

Farm loan waivers may lead to fiscal slippages: report

Domestic brokerage firm said around Rs 1.6 trillion of farm loans could come up for waiver.

16 Jun 2017 1:21 PM

State-run lenders may need more capital: RBI deputy Mundra

Mundra said state-run lenders may need more capital beyond the budgeted total allocation of 700 billion rupees.

16 Jun 2017 1:19 PM


India among top countries delivering ICT services: UN report

The report, co-authored by WIPO, Cornell University and INSEAD, added that India maintains its top place in Central and Southern Asia.

16 Jun 2017 12:47 PM

Daily use products, LPG to become cheaper under GST

The Council is scheduled to meet on June 18 to finalise e-way rules and anti-profiteering norms.

16 Jun 2017 10:02 AM

Maharashtra disbursed Rs 8,332 crore crop loan

Loans have been given for period starting June 1 till June 12 for current Kharif season.

16 Jun 2017 9:44 AM