Income tax raids across India

Union government, central PSUs step up purchases from MSMEs

Govt departments, PSUs mandated to make at least 25% of their purchases from small industry. Read more »
steel export duty hurting industry

India’s RCEP decision: Indian steel industry was under threat from Chinese imports

The steel industry had raised concerns when it seemed that India would join the agreement. Read more »
inflation, economy

November GST collection grows 6%, brings cheer after dismal GDP numbers

The indirect tax mopup is the third highest since GST was introduced in July 2017. Read more »
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Forest ministers’ meet promises efficient use of afforestation funds

Union govt will consult all stakeholders on afforestation, promises environment minister Prakash Javadekar. Read more »
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GDP growth slips to 4.5% in Q2; RBI may cut repo rate by 25 bps next week

GDP growth in the first half of the fiscal slipped to 4.8% compared with 7.5% in the year-ago period. Read more »
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ADB loan: India inks $451 m pact to improve power infrastructure in Tamil Nadu

The loan will be used to set up an extra-high-voltage transmission link between Coimbatore and Virudhunagar. Read more »
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Namami Gange: Rs 28,613.75 crore sanctioned so far for projects

109 projects operational, 196 under implementation. Read more »
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Panel set up to revise water policy, to hold consultations

The revision was envisaged by the departments of water resources, river development and Ganga rejuvenation and the ministry of Jal Shakti. Read more »
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8,643 MSMEs engaged in defence production

Micro Small and Medium Enterprises contribute almost 30% of India's gross domestic product and nearly half of its exports. Read more »
Income tax raids across India

Cabinet gives 11 month extension for 15th Finance Commission

The commission will submit its interim report on Saturday and the final report by October 30 next year. Read more »