Economy - general
India up 23 places in World Bank’s Ease of Doing Business ranking
01 Nov 2018
With a total jump of 53 places in just two years, India in now the most business-friendly economy in South Asia and Prime Minister Narendra Modi says his government is committed towards more business-related reforms
Modi dedicates world's tallest statue to Vallabhbhai Patel
31 Oct 2018
The 182-metre-tall `Statue of Unity’, which depicts Sardar Vallabhbhai Patel in traditional attire, with a shawl over the shoulders, used 210,000 cubic metres of cement, 25,000 tonnes of steel and 1,700 tonnes of bronze
Mukesh Ambani sees India spearheading a fourth industrial revolution
30 Oct 2018
He said, India which had a gross domestic product of $350 billion when Reliance was setting up its first refinery, has a GDP of nearly $3 trillion today, and is well on its way to becoming one of the three richest countries in the world
Number of crorepati taxpayers in India up 60% in 4 years: CBDT
23 Oct 2018
The number of income tax returns filed also increased by more than 80 per cent over the last four financial years from 37.9 million in FY 2013-14 (base year) to 68.5 million in FY 2017-18
IMF credits PM Modi’s reforms for India’s high growth
09 Oct 2018
IMF said important reforms implemented in recent years, including the Goods and Services Tax, the inflation-targeting framework, the Insolvency and Bankruptcy Code, and steps to liberalise foreign investment and make it easier to do business, would lead to a higher growth path
Govt hikes MSP for wheat by Rs105 per quintal amidst farmers’ stir
03 Oct 2018
The farmer-friendly initiative of increasing minimum support prices of notified crops will ensure at least 50 per cent return over cost of production, giving farmers a total of Rs62,635 crore additional return, says a government release
India's core sector output growth slows to 4.2% in August
03 Oct 2018
Expansion of the key sector was slackened by a decline in crude oil and fertiliser production and sluggish performance of industries engaged in the production of coal, steel, refinery products and natural gas