Business Economy National

UN award testimony to govt’s focus on making India world’s preferred investment destination: Modi

The Prime Miniser greeted Invest India, an investment promotion and facilitation agency of the Union government, for winning the ‘2020 United Nations Investment Promotion Award’. Prime Minister Narendra Modi on Tuesday congratulated Invest India, an investment promotion and facilitation agency of the Union government, for winning the ‘2020 United Nations Investment Promotion Award’. The award […]

Business Economy

India bucks China’s record export show

Bilateral trade deficit narrows sharply in November as India’s imports of Chinese goods decline India’s imports from China as well as its trade deficit declined sharply in November, marking an exception to a record month for Chinese exports around the world that registered the fastest growth in almost three years and underlined China’s continuing recovery […]

Business Economy National

I-T department allows revision of declarations filed under ‘Vivad Se Vishwas’ scheme

Entities filing declarations under the direct tax dispute resolution scheme ‘Vivad Se Vishwas’ can revise them till the time tax authorities issue certificate mentioning details of tax arrears and the amount payable, the Income Tax Department has said. Issuing a set of FAQs on ‘Vivad Se Vishwas’ scheme, the Central Board of Direct Taxes (CBDT) […]

Business Economy

RBI holds rates, sees shallower GDP contraction at 7.5%

There is considerable optimism on successes in vaccine trials,” the MPC said in its statement The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday left benchmark interest rates unchanged and maintained an ‘accommodative’ policy stance as it prioritised support for the economy’s recovery over ‘sticky’ inflation amid the COVID-19 pandemic. […]