Govt mulls permitting sale of non-food items under FDI policy
Uploading Date : 28-02-2017The government will consider the demands made by foreign retailers for allowing non-food items such as home care products under the FDI policy, Union Minister Harsimrat Kaur Badal today said............
See full article
India should cut corporate tax, go for inheritance levy: OECD
Uploading Date : 28-02-2017India should bring down corporate tax rate to 25 per cent, introduce inheritance tax and provide certainty in rules, global think-tank OECD said today, taking the line that demonetisation will benefit the economy in the long run.................
See full article
CSO set to lay bare note ban bruises on economy, may peg GDP growth below 7%
Uploading Date : 27-02-2017The second official estimate of GDP growth due on Tuesday is likely to show the economy expanded below 7% in FY17, tripped by the November 8 demonetisation that dented the consumption demand.............
See full article
Modi's Make in India dream takes a hit as manufacturing sales fall
Uploading Date : 27-02-2017Despite the government’s efforts to attract investment under its Make-in-India campaign, sales of manufactured goods fell 3.7% during 2015-16–the first decline in seven years–sparking fears of layoffs and debt default in the months to come..............
See full article
Will establish an ecosystem of partners in India: Apple to government
Uploading Date : 25-02-2017Apple has told the government that it plans to make most of its products in India and that it will establish an ecosystem of partners, which may include contract manufacturers and suppliers.............
See full article
Ahead of GST, Spear Logistics to Invest Rs 30 crore
Uploading Date : 25-02-2017France's FM Logisticsowned Spear Logistics plans to spend 30 crore in the next 6-8 months in ramping up specialised custom-built warehouses in anticipation of a surge in seamless inter-state movement of goods once the GST regime rolls out..............
See full article
Good time to exit telecom stocks, say analysts
Uploading Date : 23-02-2017Developments related to Reliance Jio’s freebies and the new tariffs effective April 01 2017, possibility of Vodafone – Idea Cellular merger, and Bharti Airtel’s acquisition of Telenor India – the telecom sector has been buzzing with activity since the last few months............
See full article
Setback for GST: Need for e-permit to be flashed at inter-state borders
Uploading Date : 23-02-2017The revolution the proposed goods and services tax (GST) promised might not be all that rosy because it would be hobbled by the need for an e-permit to be flashed at inter-state borders as the states insisted the old analogue practises continue............
See full article