gst

 

Govt clears Rs 38,062 cr refund claims of exporters till Jun 16

Jun 20 2018

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 Subramanian quits, to head back to US for research, writing

Jun 20 2018

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.

Credit exposure to MSMEs improving; impact of DeMo waning: Report

Jun 20 2018

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.

Will leave in a month or two, says CEA Subramanian

Jun 20 2018

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.

CEA Arvind Subramanian to leave Finmin, return to US: Jaitley

Jun 20 2018

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 sees 20% rise in millionaires, despite GST impact'

Jun 19 2018

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.

Railways' first waste-to-energy plant faces GST hurdles

Jun 19 2018

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 enlarged tax base, brought formalisation: Government

Jun 18 2018

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.

Exporter refunds worth Rs 25K cr stuck for GSTN lacuna: Mitra

Jun 18 2018

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

Jun 18 2018

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.

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Global Markets

 

Stocks In News

 

ICICI BANK

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

IPO UPDATE

RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1

IDBI BANK

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

INDIAN HOTELS

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

INDIGO CLARIFIES

Have not received any notice from ED on FEMA violations

WELSPUN CORP

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

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