The government on Wednesday approved changes to the bill on goods and services tax to ensure full compensation to the states for any revenue loss due to the new tax
- Jul28By PTI
Reserve Bank of India is likely to keep the benchmark repo rate unchanged at 7. 25 per cent in its policy review meet next week a DBS report says
- Jul27By Reuters
The government, under attack for a draft bill that reduces the central bank's independence to set interest rates, has signalled its willingness to retreat.
Seeking to calm panic-stricken investors, finance minister Arun Jaitley on Monday said they need not fear any "knee-jerk" reaction from the government on the SIT report, which had recommended tough
- Jul26By Rajesh Kumar Singh & Frank Jack Daniel, Reuters
Last month, hundreds of workers went on the rampage at a factory belonging to garment exporter Orient Craft, torching vehicles and smashing windows in the gritty industrial fringes of Gurgaon,
In the midst of an uneasy standoff with the Reserve Bank of India, the government has moved to clip the wings of the central bank governor in monetary policy matters
To support local manufacturing, the government in Thursday said that the 1 per cent concessional excise duty would be imposed even on phones that use imported components, which have been
- Jul21By PTI
With the introduction of composite cap in foreign investment policy, portfolio investors can invest up to 49 per cent in multi-brand retail and online wholesale companies without government approval, an
Pension fund regulator PFRDA has come out with guidelines for NRI investment in the national pension system or NPS. Such NRI contributions can be either from an NRE (non-resident
- Jul19By Nirbhay Kumar
Keeping in line with the government’s ease of doing business policy, the civil aviation ministry is considering a proposal to do away with the multi-level approval process for importing aircraft.