Economy

GST implementation was indeed a long-awaited, welcome decision by the government which has helped construction equipment industry to align tax rates at a single point.It has helped the industry by relieving them from various procedural restrictions which existed while goods were under transit, like waybills, transit passes and its connected …

The Securities and Exchange Board of India’s (SEBI) recent move to revise the risk management framework by tweaking the margin requirements for equity derivatives segment is facing resistance with broker associations demanding a roll back or at least an indefinite postponement of the new norms that will come into effect …

National Solar Energy Federation of India (NSEFI), a non-profit organisation, has written to the Prime Minister’s Office requesting to direct the Reserve Bank of India (RBI) to rationalise the new ECB framework suitably, excluding repayment of rupee loans from the negative list.NSEFI apprises you that till date, RBI allowed the …

A fusion of traditional practices, management expertise and technology has taken agriculture to a higher level at a farm located in Udayampuli Village of Tirunelveli district. Jaycee Agro Farms has emerged as a model in which the farmer is in control of the food chain — from production to marketing.The …

The trading community has decided to make its presence felt as a single consolidated vote bank for the upcoming general elections. The Confederation of All-India Traders (CAIT) said on Sunday that from February 1, its officials would travel to nearly 100 cities to convince traders and their staff to vote …

After changing the stance of the monetary policy in the October review meeting to ‘calibrated tightening’ from ‘neutral’, the Reserve Bank of India (RBI) under Shaktikanta Das may choose to change the stance back to ‘neutral’ again in the February review meeting, after retail inflation grew at the slowest pace …

State has around 29% irrigated land for all major crops as against the national average of 48.6% Odisha’s utilisation of irrigation potential has dropped which is a cause for concern, says the latest State Focus Paper brought out by the National Bank for Agriculture and Rural Development (NABARD). “A decreasing …

The mega Kumbh Mela, which began on January 15 and will continue till March 4, is expected to generate a revenue of Rs. 1.2 lakh crore for Uttar Pradesh, according to apex industry body Confederation of Indian Industry. Although the Kumbh Mela is spiritual and religious in nature, the economic …

Activity-based tourism is set to create waves in Kerala, with the State’s Department of Tourism focused on promoting two core sectors — adventure tourism and ‘Meetings, Incentives, Conferences and Exhibition’ or MICE tourism this year. The aim is to woo visitors back to Kerala, after the August 2018 deluge dealt …

Policy action is required on corporate governance in banks, cyber risk a major challenge: Das Amid a growing demand for a reduction in interest rate in the upcoming monetary policy review scheduled for February 7, Reserve Bank of India (RBI) Governor Shaktikanta Das said wide divergences and volatility in inflation …