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WPI inflation rises sharply to 1.88% in July

WPI inflation rises sharply to 1.88% in July

Wholesale inflation rose to 1.88 per cent in July as prices of some commodities increased in the first month of Goods and Services Tax (GST) rollout. Inflation based on the…

Economic survey warns of uncertain fiscal outlook, challenges

Economic survey warns of uncertain fiscal outlook, challenges

Flagging uncertain fiscal outlook for the current fiscal, the second part of Economic Survey released on Friday said achieving higher end of the 6.75-7.5 per cent GDP growth estimated earlier…

Govt deactivates 11.44 lakh PAN cards

Govt deactivates 11.44 lakh PAN cards

In a bid to crackdown on fraudsters holding multiple PAN cards to evade taxes, the central government has deactivated around 11.44 lakh PAN cards by July 27 this year. The…

SUVs, luxury cars to cost more as GST cess hiked to 25%

SUVs, luxury cars to cost more as GST cess hiked to 25%

SUVs, mid-sized, large and luxury cars that had become cheaper after GST rollout on July 1 will cost more as the GST Council has approved a proposal to hike cess…

India set for record kharif crop harvest

India set for record kharif crop harvest

Foodgrain output in the ongoing 2017-18 kharif season is likely to surpass last year’s record of 138.04 million tonnes due to higher acreage and good monsoon for the second straight…

RBI cuts key rate by 0.25%; home, auto EMIs to be lower

RBI cuts key rate by 0.25%; home, auto EMIs to be lower

The Reserve Bank cut its key lending rate by 0.25 per cent – first time in 10 months – to about 7-year low of 6 per cent, a move which…

Govt extends ITR filing deadline to August 5

Govt extends ITR filing deadline to August 5

In a last minute decision, the government extended the deadline for filing Income Tax Returns (ITRs) till August 5, a top official said. The official twitter handle of the department…

Demonetisation, GST to widen tax base, make cash dealing difficult: Jaitley

Demonetisation, GST to widen tax base, make cash dealing difficult: Jaitley

Finance Minister Arun Jaitley on Saturday said demonetisation and GST will make cash transactions a lot more difficult and lead to greater compliance as well as expansion of tax base.…

KIIFB sanctions projects worth Rs 3,800 crore

KIIFB sanctions projects worth Rs 3,800 crore

Kerala Infrastructure Investment Fund Board (KIIFB) has sanctioned various development projects with a total cost of Rs 3,800 crores in different sectors including forest, public works, water resources and power.…

WPI inflation falls sharply to 0.90% in June, food prices ease

WPI inflation falls sharply to 0.90% in June, food prices ease

Wholesale inflation fell to 0.90 per cent in June — the lowest in at least eight months — as prices of food articles, including vegetables, declined. Inflation based on the…

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