Entrepreneurship Development Institute of India’s (EDI) report Global Entrepreneurship Monitor (GEM) India Report 2016-17 states that only 5% of Indians establish their own businesses, which is...
Mar 19, 2018
MoS for Law, Justice & Corporate Affairs PP Chaudhary said that corporate social responsibility (CSR) spending by businesses should be audited, as their total spend of about Rs15,000 crore a...
Mar 07, 2018
Telecom operators have threatened to legally challenge TRAI’s recent regulations on predatory pricing and even spoke of approaching the department of telecommunications and the Prime Minister’s...
Feb 21, 2018
Mutual fund managers say that the Budget will play a very important role in determining the future course of markets. “I think the Budget does play a role because it guides us on what government...
Jan 24, 2018
SBI’s pre-Budget report called Ecowrap states expectations based on principles of inclusive growth and meeting the medium term objectives set by the government. According to the report, the budget...
Jan 23, 2018
The government has introduced electoral bonds for “substantial and significant amount of transparency” in electoral funding. Donors can buy these bonds from SBI and political parties can only...
Jan 02, 2018
Four countries - India, China, Brazil and South Africa - have called for intensive discussions at the World Trade Organization (WTO) over a report recommending definitions of invention and criteria...
Mar 07, 2017
Telecom regulator Trai has held that operators would be liable for any non-compliance to rules by third party vendors such as websites and apps for issues related to bill payment and recharges...
Oct 24, 2016
A study by the Reserve Bank of India (RBI) found that India's mobile banking penetration is highest in Asia, Indians are omni channel users in banking and still hugely dependent on ATMs and branches...
Oct 12, 2016
The Ministry of Civil Aviation will unveil the final Regional Connectivity Scheme policy by mid-October after which it will invite bids on reverse auction basis from the participating airlines, the...
Oct 03, 2016
The Reserve Bank of India has kept interest rates on hold as was widely expected, and maintained the repo rate at 6.5 percent. RBI has also held reverse repo rate and the cash reserve ratio at status...
Aug 09, 2016
Indian capital markets are seeing a reduction in the usage of P-notes, hitherto a popular form of investments for foreign investors. SEBI had tightened the norms of P-note issuance in May this year....
Jul 25, 2016
The Finance Ministry has said that India is well prepared for the ‘Brexit’ vote and is closely watching the developments. Economic Affairs Secretary Shaktikanta Das tweeted: “If brexit happens, India...
Jun 23, 2016
Companies are likely to spend $1.2 billion on IT products and services in 2016, an increase of 3.4% over 2015, Gartner said in a note. The IT spends include hospitals, systems, nursing, residential...
Jun 20, 2016
Assocham has said that the government should extend incentives like interest subsidy to promote gems and jewellery industry. A slowdown in export growth has put at risk the livelihoods of over 30...
Jun 09, 2016
The RBI has said that tax-payers must pay tax dues in advance to avoid any rush towards June-end. In a release, the RB I has said that it has been observed that rush for remitting tax dues at the...
Jun 09, 2016
The Finance Ministry should consider raising tax holiday for startups to seven years from the current three years to encourage entpreneurs, Nirmala Sitharman said. The Commerce and Industry...
May 30, 2016
The government is focused on improving infrastructure and driving innovation to ensure that India ranks among the top 30 countries in terms of 'ease of doing business' in the next 3-4 years,...
May 24, 2016
SKymet has upped its monsoon forecast to 109 percent of long-period average from the 105 percent earlier. The El Nino effect, which raises oceanic temperatures and increases dry monsoon spells in...
May 24, 2016
BJP is set to create history in Assam by ousting Congress, which was ruling the state for the last 15 years. Congress has also lost Kerala to the Left front while incumbent governments of AIADMK,...
May 19, 2016
The Protocol for amendment of the old tax rule of Mauritius on the investment routed through it has been signed between India and Mauritius. This is to avoid double taxation and the prevent fiscal...
May 11, 2016
In the recent tax evasion scandal Panama law firm, Mossack Fonseca, helped more than 500 Indians to set up offshore companies in tax havens around the world. Though names of various global...
Apr 28, 2016
The Reserve Bank of India has issued comprehensive guidelines for banks on provisioning norms in cases of fraud. The Central Bank has asked the banks to normally provide for the entire amount...
Apr 19, 2016
In the upcoming policy review on April 5, the RBI is likely to cut policy rates by 50 bps, said Bibek Debroy, Indian Economist & Member, NITI Aayog at the the 6th Annual CFO100 Conference and...
Apr 01, 2016
The government is taking less time to give environmental clearances to projects in a bid to ease doing business in the country. Prakash Javadekar, Environment Minister, has said that the government...
Mar 08, 2016
The government provided Rs 1,931 crore towards solar projects The government has targeted adding 100 w of solar power by 2022 including 40,000 mw from rooftop solar. In a bid to encourage and grow...
Feb 25, 2016
The government is planning a massive impetus to the road infrastructure to provide opportunities for all The government will provide a robust road infrastructure thereby providing...
Feb 23, 2016
India’s wholesale price Index (WPI) contracted to -0.9 percent against -0.73 percent in December showing that India has overall inflation under control. However, prices of food articles have been a...
Feb 15, 2016
PM Modi has urged the youth that value-addition of natural resources and creation of new production units will help reduce imports as well as generate employment, while speaking at the inauguration...
Feb 05, 2016
The first list of the smart cities has been announced by the Urban Development Minister Venkaiah Naidu. The top five cities on the list initially include Bhubaneshwar, Pune, Jaipur, Surat and Kochi...
Jan 28, 2016
In India in the digital mode, the announcement doing away with the necessity of carrying physical copies of motor insurance papers in the vehicle was long overdue. In a welcome step, IRDAI, the...
Jan 13, 2016
Dec 14, 2015