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Economy

Commerce Minister asks Indian industry to align with global standards

Commerce Minister asks Indian industry to align…

New Delhi, Feb 17 (KNN) Commerce and Industry Minister Piyush Goyal on Monday urged the Indian industry to align with global standards to speed up the vision…

Coronavirus impact on India’s export sector

Coronavirus impact on India’s export sector

New Delhi, Feb 15 (KNN) Responding to a nominal decline in January exports by 1.66% at USD 25.97 billion during the month, FIEO President, Sharad Kumar…

If required, govt would take steps beyond the announcement made in Budget: Sitharaman

If required, govt would take steps beyond…

New Delhi, Feb 14 (KNN) Finance Minister Nirmala Sitharaman on Friday said that if required, the government would take more steps beyond the announcements…

Wholesale price inflation stood at 3.1% in January

Wholesale price inflation stood at 3.1% in…

New Delhi, Feb 14 (KNN) The WPI for January stood at 3.1%, driven up by fuel and power, and the manufactured products. Data for Wholesale Price Index (WPI)…

Govt to use Artificial Intelligence to identify fraudulent claims under GST

Govt to use Artificial Intelligence to identify…

New Delhi, Feb 12 (KNN) In order to identify cases of fraudulent claims under Goods & Services Tax (GST), the central government has taken measures…

RBI issues CRR notification on retail, MSME loans, homes

RBI issues CRR notification on retail, MSME…

New Delhi, Feb 11 (KNN) The Reserve Bank of India (RBI) has announced that banks need not maintain the cash reserve ratio (CRR) on new loans given between…

RBI keeps repo rate unchanged at 5.15 per cent

RBI keeps repo rate unchanged at 5.15…

New Delhi, Feb 6 (KNN) The Reserve Bank of India (RBI) on Thursday in the sixth bimonthly policy review of the ongoing financial year decided to keep its…

ADB prepares conceptual development plan for Vizag-Chennai Industrial Corridor: Piyush Goyal

ADB prepares conceptual development plan for Vizag-Chennai…

New Delhi, Feb 6 (KNN) Commerce and Industry Minister Piyush Goyal has informed Parliament that the Asian Development Bank (ADB) had prepared Conceptual…

10 per cent TDS applicable only on dividend payment by mutual funds, says CBDT

10 per cent TDS applicable only on…

New Delhi, Feb 5 (KNN) The tax department on Tuesday has issued a clarification that the requirement of deducting TDSA at 10 per cent will only apply for…

Govt to provide GST compensation in installments to states: MoS Finance

Govt to provide GST compensation in installments…

New Delhi, Feb 4 (KNN) Union Minister of State for Finance has said that all due Goods and Services and Tax (GST) compensation will be given to states in…