Economy - general
EPFO lowers interest rate to 8.55% for 2017-18
22 Feb 2018
Reliance to spearhead $9.3-bn investments in Maharashtra
19 Feb 2018
With huge investments by the Mahindra group besides industrial investments by more than 20 global firms, including Cisco, Siemens, Corning Inc, HP, Dell, Nokia and Nvidia being organised by Reliance Industries, PM Narendra Modi says Maharashtra is all set to become India’s first $1-trillion state
Cauvery Waters: TN’s share cut to 177 TMC, Karnataka to get 14.75 TMC more
16 Feb 2018
The Supreme Court’s verdict on the Cauvery water dispute pegs Tamil Nadu’s share at 177 TMC while awarding the Karnataka an additional 14.75 TMC even as it kept the share of Kerala and Puducherry unchanged
India’s industrial production growth accelerates to 7.1% in December
12 Feb 2018
Manufacturing activity showed signs of pick-up with an 8.4 per cent growth in December, with the industry group ‘manufacture of other transport equipment’ showing the highest growth rate of 38.3 per cent
Mumbai world's 12th richest city with 28 billionaires, $950 bn in wealth
12 Feb 2018
Mumbai, with 28 billionaires and a total wealth of $950 billion, came 12th in New World Wealth's list of top 15 wealthiest cities globally, ahead of Toronto, Frankfurt and Paris
Poor GST implementation hurting India’s image, warns HC
10 Feb 2018
Seeking a reply from the government by 16 February, the Bombay High Court observed that the GST regime is ‘not tax-friendly’ and is ‘hurting the image, prestige and reputation of the country’, at a time when it is trying to attract investments
SC terms Ayodhya case as a land dispute, adjourns case to 14 March
09 Feb 2018
While tradition holds that the town was the birthplace of Lord Ram and that the Baber’s tomb was built on the spot of his inception, the activists want the apex court to deny both Hindus and Muslims access to the 2.77 acres of disputed land
Andhra grinds to halt as all parties back bandh against Budget
09 Feb 2018
Perhaps uniquely, the shut-down or bandh, originally called by the Left parties, was supported across the political spectrum, including the ruling Telugu Desam Party and even the state unit of the Bharatiya Janata Party. The Congress, the YSRCP, and the Janasena also supported the bandh
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
Budget 2018: old habits die hard
01 Feb 2018
The present NDA government has been trying to deglamorize the Union Budget since the beginning of its term. It has been trying to keep most of the major policy initiatives outside the budget speech. But as they say, “Old habits die hard” — so, today was no different, says Alok Singh, BOI AXA Investment Managers
Centre may extend time limit for resolving bankruptcy cases
27 Jan 2018
The government is considering a proposal to extend the time limit for the bankruptcy resolution process by up to 60 days, following recent changes in the Insolvency and Bankruptcy Code that have led to a reset of the process in many cases
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