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Indian Economy News

Economy

GST collection shortfall widens India’s fiscal deficit

December 30, 2017 The TMC Desk 0

 –TMC Desk New Delhi, 29 December 2017: Shortfall in GST collections led to India’s fiscal deficit for the first eight months of 2017-18 reaching 112 per cent — Rs 6.12 lakh crore — of the […]

Economy

Telecom: Year of turmoil with bleeding balance-sheets under GST’s shadow

December 19, 2017 The TMC Desk 9

–By Aparajita Gupta New Delhi, 18 December 2017: It was a year of turmoil for the hyper-competitive Indian telecom sector as the balance-sheets of many major players kept bleeding, prompting the government to form an panel […]

Economy

Home Ministry sets new time deadline for ATM replenishment

December 14, 2017 The TMC Desk 9

-TMC Desk New Delhi, December 14, 2017  In view of spate of cash van robberies across the country earlier, the Union Home Ministry has proposed a new draft standard operating procedures (SOP) for replenishing ATMs, […]

Economy

RBI maintains key rates, GVA projection, concerned over inflation

December 7, 2017 The TMC Desk 1

–TMC Desk  Mumbai, Dec 6: In its penultimate monetary policy review of the fiscal, the RBI on Wednesday maintained status quo on key lending rates while citing concerns over rising inflation. It also retained economic growth […]

Economy

Revised trade policy factors in GST, grants more incentives for exporters

December 6, 2017 The TMC Desk 2

–TMC Desk New Delhi, Dec 5: The mid-term review of India’s Foreign Trade Policy (FTP) factoring in the impact of GST was unveiled by the government on Tuesday, granting additional Rs 8,450-crore incentives for exporters in […]

Economy

Ivanka calls for ensuring access to capital for women entrepreneurs

November 29, 2017 The TMC Desk 9

–TMC Desk Hyderabad, Nov 29:US President Donald Trump’s daughter and his advisor Ivanka Trump on Wednesday called for closing the gender gap in workforce by providing women better access to capital and ensuring better representation […]

Economy

President approves bankruptcy code ordinance

November 23, 2017 The TMC Desk 6

–TMC Desk New Delhi, Nov 23: An ordinance that bars wilful and habitual defaulters from bidding for stressed assets was promulgated on Thursday with tough provisions to prevent any attempts by them to regain control of […]

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