Govt forms GOM to look into GST related issues of MSME sector
Our Correspondent / NEW DELHI Union Finance Minister Piyush Goyal today announced that a Group of Ministers, GOM headed by Minister of State for Finance Shiv Pratap Shukla, has been…
Trade war between US and China escalates
China vows $60 billion counter-tariffs in response to latest US threat file photo WEB DESK Trade war between US and China HAS intensified as Washington asked Beijing to address the…
PM Modi reviews progress of key infrastructure sectors
Our Correspondent / New Delhi Prime Minister Narendra Modi today reviewed progress in key infrastructure sectors. These include roads, Pradhan Mantri Gram Sadak Yojana or PMGSY, rural and urban housing,…
US paves way for waivers to India from sanctions over Russia
WEB DESK US Congress has passed a defence spending bill that seeks to amend an existing law to provide waivers to America’s strategic partners like India from punitive sanctions which…
RBI plans internal group to review timings of various market segments
AMN The Reserve Bank today said it plans to set-up an internal group to comprehensively review timings of various market segments including currency futures and foreign exchange. In a press…
India’s new status will benefit US manufacturers: US
WEB DESK US Commerce Secretary Wilbur Ross today said the Trump administration’s decision to ease export controls for high-technology product sales to India by placing it in the Strategic Trade…
India, Germany sign pact on financial and technical cooperation
Focus on sustainable urban development and renewable energy AMN / NEW DELHI India and Germany have signed an agreement on financial and technical cooperation focusing on sustainable urban development and…
Cabinet clears purchase of 51 per cent controlling stakes in IDBI Bank by LIC
The Union Cabinet has cleared the purchase of 51 per cent controlling stake in IDBI Bank by state-run Life Insurance Corporation (LIC). As per the proposal, the debt-laden bank will…
RBI hikes repo rates by 25 basis points
The Monetary Policy Committee, MPC, of the Reserve Bank of India today hiked repo rate by 25 basis points to 6.50 per cent in its third bi-monthly monetary policy review…
Digital payments set to touch one trillion dollar in 5 years: Niti Aayog
Niti Aayog has said that the digital payments market in India is set to become a trillion-dollar industry in the next five years. It will be led by growth in…