Category: Economy

ET logo
Posted in Economy

Govt keeping ‘good watch’ on rupee, several currencies declined against USD: Sitharaman

Finance Minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have…

Continue Reading
ET logo
Posted in Economy

Indian Amb Sibi George calls Japan ‘steadfast partner’ of India as he bids farewell

Indian Ambassador to Japan Sibi George has expressed his heartfelt appreciation for the support he received in strengthening India-Japan relations during his tenure in the…

Continue Reading
ET logo
Posted in Economy

Spurt in consumption to drive revenue buoyancy, to meet fiscal deficit target of 4.4%: Sitharaman

Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs…

Continue Reading
ET logo
Posted in Economy

India reaffirms commitment to WTO-centred, fair trade system at SCO Trade Ministers’ Meeting

India stressed the scope to leverage the Shanghai Cooperation Organisation‘s (SCO) collective strengths for shared prosperity at the SCO Trade Ministers’ Meeting held in Vladivostok…

Continue Reading
ET logo
Posted in Economy

GST Council’s decision to simplify tax structure will make taxation more ‘transparent’: IOB

The GST council‘s decision to simplify the tax structure would make taxation more ‘transparent’ and boost consumption over 8-10 per cent in rural markets, a…

Continue Reading
ET logo
Posted in Economy

Gold fever: Will central banks keep driving the golden surge?

Gold’s relentless rally continues powerful with prices reaching on Friday just cents away from $3,600 per ounce, as weak US jobs data further raised expectations…

Continue Reading
ET logo
Posted in Economy

Coal import declines in July over sluggish demand, availability of high stock

India’s coal import dropped 16.4 per cent to 21.08 million tonnes (MT) in July due to sluggish demand during monsoon and availability of high stock….

Continue Reading
ET logo
Posted in Economy

‘Ek baar aap GST dekh lo’: PM Modi’s nudge ushered in biggest GST reform in 8 years

Ek baar aap GST dekh lo!’ – Prime Minister Narendra Modi’s gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning…

Continue Reading
ET logo
Posted in Economy

India Inc revenue to grow 7% this fiscal on GST restructuring, but profit margins may remain flat: Crisil

India Inc revenue will likely grow 6-7 per cent this fiscal because of the reduction in the goods and services tax (GST) rates, as per…

Continue Reading
ET logo
Posted in Economy

500 micro cuts: Compliance burden weighs heavy on MSMEs that have to adhere to over micro regulations every year

The number of regulations that an entrepreneur has to comply with is much like a tangled web. And if they trip, it can prove costly….

Continue Reading