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Economy News
  • 24 Nov 14
    06:58 PM
    India has the potential to achieve 9% growth rate and become a $10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive role played by the government, a PwC report said today.
    06:41 PM
    Aiming to intensify government's drive on black money, the PMO has asked the revenue department to look for ways other than bilateral tax treaties to bring back funds stashed abroad.
    06:20 PM
    A new bird flu strain detected in Europe which is similar to strains reported to be circulating in 2014 in Asia poses a significant threat to the poultry sector, especially in low-resourced countries situated along the Black Sea and East Atlantic
    06:08 PM
    The Odisha state government is sore over mounting dues on compensation against loss due to slashing of Central Sales tax (CST) rate from four per cent to two per cent in a phased manner.
    06:02 PM
    The government is working working towards implementing the Goods and Service tax by its deadline of April 1, 2016, Minister of State for Finance Jayant Sinha said on Monday, adding that he hoped that the constitutional amendment bill for the same will be
    05:22 PM
    The Memorandum of Understanding (MoU) signed between India and the European Patent Office (EPO) will help in creation of a strong Intellectual Property (IP) ecosystem and capacity building of Indian industry and stakeholders, said a senior EPO official
    05:07 PM
    Union Minister Venkaiah Naidu today assured that the proposed Real Estate Bill will not "strangulate private investment" and would instead help it by serving to "enhance the credibility" of the sector.
    04:30 PM
    Six months after coming to power, the NDA government today named National Security Adviser (NSA) Ajit Doval as its Special Representative on boundary talks with China, paving the way for the dialogue to resume at this level.
    04:14 PM
    The Reserve Bank of India (RBI) is considering more measures for non-banking financial companies (NBFCs), including more oversight and bringing state-owned firms under central bank supervision, Deputy Governor R Gandhi said in a speech on Sunday.
    03:05 PM
    The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India.
    02:49 PM
    The Western Railway is awaiting clearance from the Commissioner of Railway Safety, for running trains on this high-speed corridor at 130 kmph which will help cut down travel time by at least 30 minutes.
    11:12 AM
    The state-run Mumbai Metro Rail Corporation (MMRC) will invite bids for the construction of the 32.5 km-long, Rs 23,136-crore Mumbai Metro Phase-III project this week.
    10:49 AM
    Even a year after the Reserve Bank of India released the final guidelines for foreign banks to convert their Indian branches into wholly owned subsidiaries (WoS), it is yet to find any takers.
    10:22 AM
    In a significant change in the sentiment post Prime Minister Narendra Modi’s recent visit to Japan, the Japanese authority has expedited procedural obligations to step up mango import from India.
    08:51 AM
    Prime Minister Narendra Modi may have unwittingly invited his greatest competitor as chief guest for the 2015 Republic Day parade.
    01:50 AM
    Next month, a company promoted by a supplier of telecommunications equipment to the Chinese People's Liberation Army (PLA) is set to begin work on constructing a 278-kilometre waterway across Nicaragua, which would compete with the Panama Canal in
    01:35 AM
    Investor-friendly provisions in the new Companies Act and changes in the methodology to weigh investor protection drove India's surprise jump in this year's investor protection indicators in Doing Business 2015: Going Beyond Efficiency, a report published
    01:34 AM
    The government has its task cut out for the forthcoming session of Parliament with growing expectations for a barrage of policy reforms - both fiscal and macro-economic - ahead of its first full budget.
    01:33 AM
    Though trade unions have fallen on bad days, it would seem that rivalry between them has not subsided proportionately.
    01:32 AM
    The certainty of extended political gridlock will offset the economic benefits of President Barack Obama's immigration reform.
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