The government has cleared pending GST refunds to the tune of Rs 38,062 crore to the exporters so far, an official statement said.
CEA Arvind Subramanian, who succeeded the high-profile Raghuram Rajan in the Finance Ministry in 2014, has quit the government with plans to go back to the US for research and writing.
The credit growth in MSME sector is improving with overall exposure reaching the highest level in over a year and impacts of demo seem to be subsiding, says a study.
Chief Economic Advisor Arvind Subramanian today said he has not yet decided on the exact date of leaving the finance ministry, but it will be in a month or two.
Chief Economic Advisor Arvind Subramanian will be leaving the finance ministry after nearly 4 years because of "pressing family commitments" and return to the US, Union Minister Arun Jaitley said.
India saw a 20% increase in both the number of dollar millionaires and their wealth in 2017 to emerge as the fastest growing market for high net population, a report said.
Indian Railways' long-awaited and ambitious project to set up a waste-to-energy plant at Jaipur railway station has run into GST hurdles.
GST has resulted in greater formalisation of the Indian economy with over 6.5 lakh new assessees having sought registration under the new indirect tax regime, the government said.
Amit Mitra said that exporters across the country were awaiting refunds to the tune of Rs 25,000 crore, which have been stuck due to the "inability" of GSTN.
India has overcome Congress legacy: NITI Aayog Vice Chairman Rajiv Kumar said the economy has now overcome those issues and henceforth, the government should be judged on its own merit.
I-T department probing acquisition of Chanda Kochhars Mumbai Residence
I-T department looking into acquisition of the residence by Deepak Kochhar
Acquisition of residence said to be linked to firms of Videocon group
Indian Express Reports
BANK OF MAHARASHTRA
3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune
Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers
Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr
RITES IPO subscribed 0.6x on day 1
Fine organic industries IPO subscribed 0.12x on day 1
SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank
B Sriram is the longest serving PSB MD
B Sriram Has Experience In Managing Stressed Assets
Wins bid for Connaught Place in Delhi
Taj Group wins 33-year lease for Connaught Hotel in E-auction
Offered to share 31.8% of annual revenue earned with civic body
Have not received any notice from ED on FEMA violations
U.S. to levy tariff on Indian welded pipes
U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India
China, South Korea, & Turkey to also face duties from U.S.
U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017
U.S. International Trade Commission scheduled to make a final decision By Dec 20