Arun Jaitley on 10-day visit to US
Union Finance Minister Arun Jaitley left for a ten-day visit to the United States last night. During his visit, Mr Jaitley will address annual World Bank-International Monetary Fund meetings and…
Bulk of Black Money is within India: Jaitely
AMN / Finance minister Arun Jaitley today said bulk of black money is within India. He said government was committed to make tax rates reasonable and create deterrence to use…
Tax dept to take action against black money holders: Revenue secy
Revenue Secretary Hasmukh Adhia has said the tax department will initiate action against those who have not disclosed their black money and assets stashed abroad as the compliance window has…
ADB to finance India-Bangladesh electricity link upgradation
The Asian Development Bank (ADB) will provide $120 million loan to upgrade the India-Bangladesh electricity network which will allow Bangladesh to meet its increasing power demand and support power exchanges…
Transporters strike continue; goods supply disrupted in many states
TIA NEWS / Nation wide transport strike called by the All India Motor Transport Congress is continue for the second consecutive day today, disrupting supply of goods to various parts…
Govt gets Rs 3,770 cr from one-time black money compliance window
Government has received an amount of Rs 3,770 crore from 638 declarations under the onetime black money compliance window which was closed yesterday. This was informed by an official statement…
Counterfeiting activities affecting India’s economy: Report
Counterfeiting activities have increased in India during past two decades. It has been revealed in a report ‘Illicit Market: A Threat to Our National Interest’ prepared by FICCI-CASCADE (Committee against…
Govt cuts natural gas prices by 16% to $ 4.24 per unit
The government today cut natural gas prices for power and fertiliser sector by 16 per cent to USD 4.24 per unit for the six month period, beginning October 1st. Natural…
India surpasses US, China to reach at top FDI destination
Despite criticism from different quarters, India has emerged as the top destination for Foreign direct investment (FDI) as compared with China and United states in the first half of 2015.…
Govt will reassess GDP forecast for this fiscal: FM
Finance Minister Arun Jaitley today said the Government will reassess its GDP forecast following RBI’s assessment of growth forecast to 7.4 percent for the present fiscal. Chief Economic Adviser Arvind…