By Loknath Das On Saturday, June 17th, 2017
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Reduce GST on yarn from 18 to 12%: Textile industry

The Textile industry in the region today expressed the hope that the June 18 GST council meeting would consider reducing the GST rate on Man Made Fibres, filaments and yarns from 18 per cent to 12 per cent. There More...

By Loknath Das On Saturday, June 17th, 2017
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More UAE couples say savings are a priority

  More married couples living in the UAE are looking to save money to secure a comfortable future, according to a new survey. The poll carried out by National Bonds Corporation, the sharia-compliant savings More...

By Loknath Das On Saturday, June 17th, 2017
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Employer Confidence In India Dips To Lowest Since 2005: Report

New Delhi: Indian employers expect a steady hiring outlook for next three months, but their confidence has dipped to the least optimistic level since 2005 amid uncertainties in global markets, according to a report. More...

By Loknath Das On Saturday, June 17th, 2017
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Government Working On New Industrial Policy

New Delhi: The government is working on a new industrial policy with a view to promoting and developing frontier technologies, innovation and enhancing competitiveness of domestic products. “With the changing More...

By Loknath Das On Saturday, June 17th, 2017
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Bad Assets Resolution: PM’s Office To Review Progress On June 19

New Delhi: The Prime Minister’s Office has called a meeting of senior officials of the ministries of finance and corporate affairs on Monday to review the progress in resolution of NPAs in the light of recent More...

By Loknath Das On Friday, June 16th, 2017
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IIT JEE Advanced 2017: Utensil merchant’s son tops in Kashmir region

The Central Board of Secondary Education (CBSE) on Sunday announced the Joint Entrance Examination (JEE) Advanced results 2017. Tarandeep Singh emerged as the Kashmir state topper with AIR 872.   As reported More...

By Loknath Das On Friday, June 16th, 2017
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Temperature of U.S. Economy Running Cooler Than Forecast

While President Donald Trump is looking for some “very good numbers” on U.S. growth shortly, the economic data of late haveĀ fallen short of economists’ forecasts. The Bloomberg U.S. Economic More...

By Loknath Das On Friday, June 16th, 2017
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Demonetisation could cause capital erosion for MFIs, NBFCs and SFBs in FY2018

Following demonetisation and political interference, microfinance institutions (MFIs), including non-banking finance companies (NBFCs) and small finance banks (SFBs) with exposure to states like Uttar Pradesh, More...

By Loknath Das On Friday, June 16th, 2017
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Industrial production growth slows to 3.1% in April

Industrial production growth slipped to 3.1% in April due to poor show by manufacturing, mining and power sectors coupled with lower offtake of capital goods and consumer durables. The slip is significant compared More...

By Loknath Das On Friday, June 16th, 2017
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Finance Ministry Debating Bad Bank, Universal Basic Income Proposals

New Delhi: Finance Minister Arun Jaitley on Sunday said his ministry is debating the two innovative suggestions made by the latest Economic Survey – Universal Basic Income (UBI) and creation of a ‘bad More...