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India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

India Eyes Global Role in Growing Semiconductor, Electronics Sector: MoS Chandrasekhar

Wed, Jan 24, 2024

Minister Rajeev Chandrasekhar emphasised the Indian government's commitment to nurturing a high-skilled tech workforce. This talent, he said, will not only drive India's own growth but also contribute significantly to the global tech landscape, particularly in the field of semiconductors and electronics. He highlighted the ongoing investments and infrastructure development aimed at building a competitive Indian semiconductor ecosystem.

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

India could be $5 trillion economy by 2025, says Union Petroleum Minister Hardeep Puri

Tue, Jan 23, 2024

The Indian economy is expected to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy, the National Statistics Office said on January 5.

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Nifty Hits Record High: Analyzing the Journey from 21000 to 22000 in 2024!

Mon, Jan 15, 2024

Nifty has crossed 22000 for the first time, How was the journey from 21000 to 22000? What are the targets of brokerages on NIFTY for 2024?

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Inspired by Modi's enthusiasm for Yoga: Netanyahu

Inspired by Modi's enthusiasm for Yoga: Netanyahu

Wed, Jul 05, 2017

Underlining that he wants to start practising Yoga, he said, "Modi advised me to start at lower level. I am starting at a lower level. When I do a relaxing Tada-asana in the morning and I turn my head to right, India is the first democracy I see and when Modi does a relaxing Vasisthasana and he turns left, Israel is the first democracy he can see. So in fact we have India and Israel two sister democracies," Netanyahu said.

Private banks lead PSU banks in credit, deposit growth in FY17

Private banks lead PSU banks in credit, deposit growth in FY17

Tue, Jul 04, 2017

Latest data of Financial Stability Report indicates private banks have outperformed public ones when it comes to credit and deposit growth. PSBs has lost share in total credit over the last three time periods.

GST: Is Electronic-way bill a game changer?

GST: Is Electronic-way bill a game changer?

Fri, Jun 30, 2017

The government is all set to launch Goods and Services Tax (GST) at midnight on Friday June 30, 2017. GST is touted to be the biggest reform in India's taxation system which is expected to boost the country's tax collection and growth rate.

GST: The transition issues and what it means for India

GST: The transition issues and what it means for India

Fri, Jun 30, 2017

However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.

Fast forward; GST set to transform face of Indian logistics industry

Fast forward; GST set to transform face of Indian logistics industry

Fri, Jun 30, 2017

India`s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say.

Sooner or later states will have to bring petroleum under GST, says Arun Jaitley

Sooner or later states will have to bring petroleum under GST, says Arun Jaitley

Wed, Jun 28, 2017

KEY HIGHLIGHTS:

GST Enrollment: Step by step guide for existing Central Excise and Service Tax assessees

GST Enrollment: Step by step guide for existing Central Excise and Service Tax assessees

Wed, Jun 28, 2017

Note: This information has been taken from CBEC website which can be accessed here.

NITI Aayog proposes break-up of Coal India into seven firms

NITI Aayog proposes break-up of Coal India into seven firms

Wed, Jun 28, 2017

India should split the seven units of state-controlled Coal India Ltd into independent companies to make it more competitive, the government`s policy think-tank said on Tuesday in a draft of a new energy policy.

Fitch affirms eight banks' IDRs as 'stable'

Fitch affirms eight banks' IDRs as 'stable'

Tue, Jun 27, 2017

Fitch Ratings on Tuesday that it has affirmed Issuer Default Rating (IDR) of eight Indian banks.

Are you ready to file 37 tax returns under GST regime? All your questions answered

Are you ready to file 37 tax returns under GST regime? All your questions answered

Tue, Jun 27, 2017

Touted as India's biggest tax reform -- the Goods and Services Tax (GST) -- is all set to be rolled out from 1st July 2017.

US clears sale of Guardian drones to India

US clears sale of Guardian drones to India

Tue, Jun 27, 2017

The seven DTTI Joint Working Groups continue to discuss a range of technologies and platforms for potential co- development, including India's participation in the Future Vertical Lift program, it added. DTTI representatives met most recently in April.

WATCH: Remarks by President Trump and Prime Minister Modi of India in Joint Press Statement

WATCH: Remarks by President Trump and Prime Minister Modi of India in Joint Press Statement

Tue, Jun 27, 2017

Remarks by President Trump and Prime Minister Modi of India in Joint Press Statement

Don't expect too much deliverables from Trump-Modi meeting: Commentator

Don't expect too much deliverables from Trump-Modi meeting: Commentator

Mon, Jun 26, 2017

Although both Donald Trump and Narendra Modi have some things in common, "the question remains whether his (Modi`s) dalliance with Trump will be a one-night stand or will blossom into a full-on romance", Rogin said.

Logic of Indo-US strategic ties ''incontrovertible'', says Modi

Logic of Indo-US strategic ties ''incontrovertible'', says Modi

Mon, Jun 26, 2017

"The planned 100 smart cities, the massive modernization of ports, airports and road and rail networks, and the construction of affordable housing for all by 2022 - the 75th anniversary of India`s independence - are not just promises of great urban renewal within India.

Is farm loan waiver impact on Indian economy overestimated?

Is farm loan waiver impact on Indian economy overestimated?

Mon, Jun 26, 2017

Analysts and industry experts believe that it is the Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) that are to take a greater hit with these farm loan waivers. A study estimated that NPA amount for cooperative credit system alone is at Rs 40,000 crore.

These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

Mon, Jun 26, 2017

RBI said, "The Internal Advisory Committee (IAC) recommended for IBC reference all accounts with fund and non-fund based outstanding amount greater than Rs 5000 crore, with 60% or more classified as non-performing by banks as of March 31, 2016. The IAC noted that under the recommended criterion, 12 accounts totaling about 25% of the current gross NPAs of the banking system would qualify for immediate reference under IBC."

Trump Administration offers tremendous opportunities: Infosys chief Vishal Sikka

Trump Administration offers tremendous opportunities: Infosys chief Vishal Sikka

Fri, Jun 23, 2017

"We see a tremendous opportunity to do innovative work. The (Trump) administration is a very business administration, a very entrepreneurial administration," Infosys CEO Vishal Sikka told PTI in an interview as he refuted reports that the Indian IT companies are facing challenges under the Trump Administration.

As PM Modi prepares for Trump meeting, US expected to OK India drone purchase

As PM Modi prepares for Trump meeting, US expected to OK India drone purchase

Fri, Jun 23, 2017

The United States is expected to authorize India`s purchase of a naval variant of the Predator drone, a source familiar with the situation said on Thursday, ahead of a visit next week by Indian Prime Minister Narendra Modi to try to revitalize ties in his first meeting with President Donald Trump

India Inc's owes Rs 27 lakh crore in loan payments

India Inc's owes Rs 27 lakh crore in loan payments

Thu, Jun 22, 2017

Despite reporting positive performance in FY17, India Inc still faces hard time repaying its debt. Outstanding loan funds reached to Rs 26.5 lakh crore in FY17.

Karnataka announces crop loan waiver for farmers

Karnataka announces crop loan waiver for farmers

Wed, Jun 21, 2017

The waiver will help 22,27,506 farmers who had obtained loans from cooperative banks, Chief Minister Siddaramaiah said in the Assembly.

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