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According to experts, that result of policy decisions like timely unlocking of the economy, pitch for self-reliance, and relief measures for various sectors have yielded desired results quicker than expected → Read More
A number of high-frequency indicators have shown gradual signs of pick up, pointing towards overall economic recovery in the country. In fact, by September, indicators like vehicle sales, real estate, manufacturing PMI, and railway freight earnings, had outstripped September 2019 → Read More
India GDP Data: Agriculture, forestry and fishing saw a growth of 3.4 percent in Q1 of 2020, against 3.0 percent growth in the same period a year ago. Mining and quarrying saw a contraction of 23.3 percent in April-June of 2020, against 4.7 percent growth in the same period a year ago → Read More
The options before the GST Council to meet shortfall in compensation to states could be rationalise GST rates, cover more items under the compensation cess, increase the compensation cess, or recommend higher borrowing by states → Read More
Following India's levy, the US last month decided to start an investigation under Section 301 of the Trade Act, 1974, into the digital services taxes that have been adopted or were being considered by a number of countries, including India, to 'unfairly' target American tech companies. → Read More
"We have found sufficient evidence China is dumping ciprofloxacin hydrochloride below cost in the Indian market. This is considerably hurting the domestic pharmaceutical industry," a government official said. → Read More
However, it is not the first case of tax classification disputes. Producers of FMCG products were also involved in tangles with tax authorities on the same issue. → Read More
The Finance Ministry is not in favour of increasing GST rates on non-essential items, despite depressed revenue collections due to the nationwide lockdown to contain the spread of COVID-19. → Read More
Goyal would also speak on issues relating to e-commerce, domestic retail, support policies, and foreign direct investment in retail → Read More
The process of getting a label registered may take anywhere between 30-60 days. → Read More
From financial woes to security mishaps. → Read More
Air passenger volume may cross 150 million this fiscal. → Read More
In-flight shutdowns of P&W engines in India are lower than the global benchmark. → Read More
IndiGo was called out for staff misbehaviour. → Read More
Petrol prices in Delhi are back to January 2018 levels. → Read More
Profits eluded airlines in 2018, despite high traffic growth. → Read More
Indian airlines have not experienced any major issues with the 737 Max. → Read More
Government says its job is only to look at sector-specific problems. → Read More
A senior pilot's licence has been suspended for failing a pre-flight alcohol test. → Read More
It was hoped that the Boeing 737 MAX would lower fuel costs for airlines. → Read More