Tag: Economy

India needs overall energy policy, gas must in GST: Pradhan

Renewing the call for bringing natural gas under the GST regime, Petroleum Minister Dharmendra Pradhan on Tuesday said the country needs an overarching policy covering various energy verticals in order to achieve self-sufficiency and security in this critical sector. Defending the government’s target of doubling Indian oil refinery capacity to[Read More…]

New Delhi, March 19 (IANS) Advising the Delhi Chief Minister to change his name to Arvind Sorry Kejriwal, the Congress on Monday said that this is what happens when "one does politics for sensationalism". "There is a sorry Chief Minister in the country. He should change his name to Arvind Sorry Kejriwal. This is just the beginning of his trail of saying sorry, and not the end. He also has to apologise to the people of Delhi and the country, whom he has deceived," said Congress spokesperson Randeep Singh Surjwala. "He also has to apologise for poor governance. When you do politics only for sensationalism, and not for balance, then this going to be the consequence. The propaganda which was spread by him and his associates in collusion with BJP-RSS at Ram Leela Maidan during UPA rule, the truth of it has come out. "Delhi is sorry to have Kejriwal and his government," he added. Kejriwal has apologized to BJP leader and Union Minister Nitin Gadkari and Congress leader Kapil Sibal for making unverified allegations of corruption against them, following which they withdrew their defamation cases against the Aam Aadmi Party leader on Monday.

People are tired of Modinomics and Jaitleynomics: Congress

Congress on Friday termed Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley as synonyms of economic mismanagement. Congress spokesperson Randeep Surjewala said, “The truth is people are tired of Modinomics and Jaitleynomics, because they have wrecked India’s economy. Now the economic mismanagement has become synonymous with Prime Minister[Read More…]

Chartered Accountants get a massive GST push

Chartered Accountants get a massive GST push

Even as the economy continues to slump after each quarter, there is a particular set of professionals who are rolling in money. According to rough industry estimates, a major jump in revenue has been recorded by the top audit firms in the recent months. “In the last 3 months, the[Read More…]

BJP surfaces as top choice for corporate donors

BJP surfaces as top choice for corporate donors

According to an analysis by the election watch body Association of Democratic Reforms (ADR), business houses handed out a total of 956.77 crores to national parties between 2012-13 and 2015-16 with BJP getting the biggest share at 704.81 crores. The report, which analysed funding received by five national parties- BJP,[Read More…]

Flipkart Big Billion Days: Sales begin with 80% discount; Here’s top deals

Flipkart bags record investment of $2.5billion

In the largest-ever investment in an online Indian company, e-commerce giant Flipkart got an investment of $2.5 billion from a Japanese telecom and internet company. Japanese group SoftBank’s new $93bn Vision Fund has invested $2.5bn in Indian Flipkart – the biggest private investment in the company’s technology sector. The fresh[Read More…]

Direct Tax Collection rises to 19% in April-July

Direct Tax Collection rises to 19% in April-July

Direct tax collections increased to 19% in the first four months of the current fiscal as demonetisation of higher denomination currency brought in more number of individuals in tax net. Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in[Read More…]

Budget 2019: Govt woos farmers, announces Rs 6000 a year under PM Kisaan Samman Nidhi

Only 10% farmer benefit from loan waiver: NITI Aayog

Government think-tank NITI Aayog said that even as states like Maharashtra, Uttar Pradesh and Karnataka announced loan waiver to farmers, it barely helps just 10% of those in need. According to Hindustan Times reports, pitching for “targeted relief rather than blanket loan waivers”, Prof Ramesh Chand, a member at the[Read More…]

States abolish check posts after GST rollout

22 states abolish check posts after GST rollout

Just three days after the GST rollout, as many as 22 states have removed check posts. With the implementation of Goods and Services Tax GST, states such as Delhi, West Bengal and Maharashtra have abolished check-posts; while states, including Assam, Punjab, Himachal Pradesh, and some north-eastern states, are also in[Read More…]

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