Economy
Besides, the India-Switzerland tax treaty facilitates receipt of information on request basis for cases under investigation, MoS External Affairs V Muraleedhran said. (Representational image)
10 Jul 2019 7:31 PM

The first set in September would be followed by further despatches on a yearly basis, according to Switzerland's FDF.

The volume purchased will be decided by MMTC later depending on the level of prices received but minimum offers are 24,000 tonnes to 25,000 tonnes. (Representational Image)
10 Jul 2019 1:34 PM

The previous tender deadline was Tuesday, July 9. Offers must now remain valid up to July 18.

It said that the budget announcements are credit positive for public sector banks, non-bank finance companies (NBFCs), the infrastructure sector, property developers, some domestic producers and securitization transactions.
10 Jul 2019 2:11 AM

The hike in customs duties on certain imported products will increase the competitiveness of domestic producers.

Speaking on the concerns of the foreign portfolio investors on the increased surcharge on income tax, K V Subramanian said, "Stock markets often take some time to see some of the bigger messages. I would urge the market participants to look thorough long-term impacts and factor that in."
09 Jul 2019 7:43 PM

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

To encourage digital payments, Sitharaman had also announced to levy 2 per cent TDS on cash withdrawal of more than Rs 1 crore in an year from a bank account. (Photo: Representational | ANI)
09 Jul 2019 6:23 PM

PCI said digital payments in India have received quite high interest from various investors, both domestic and international.

Indian Stainless Steel Development Association, Jindal Stainless, Jindal Stainless (Hisar) and Jindal Stainless Steelway have filed an application before the directorate alleging dumping of the products from companies of these nations. (Photo: Representational)
09 Jul 2019 2:48 PM

India conducts anti-dumping probes on of applications filed by domestic industry with prima facie evidence of dumping of goods.

The India sales improved by 4 per cent in H1 2019 making this the third consecutive quarter to record sales improvements, said Knight Frank India Executive Director (North) Mudasir Zaidi. (Photo: Representational)
09 Jul 2019 1:05 PM

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago period.

Retail inflation rose at an annual rate of 3.20 per cent in June, up from 3.05 per cent in May.
09 Jul 2019 12:00 PM

The fiscal deficit target for this financial year was reduced to 3.3 per cent from 3.4 per cent.

This budget has also announced a digital repository to preserve rich tribal cultural heritage.
09 Jul 2019 3:54 AM

As far as infrastructure is concerned, air connectivity to a few tourist destinations have improved due to the UDAN scheme.

The rupee fell against the dollar as the greenback strengthened post Friday's upbeat US non-farm payroll data. (Representional Image)
09 Jul 2019 3:41 AM

The rupee fell against the dollar as the greenback strengthened post Friday's upbeat US non-farm payroll data.