There is now a greater chance of the proposed legislation on a unified sales tax regime getting nod of the Rajya Sabha as well, after a government-appointed panel backed a lower rate and simpler structure that the opposition Congress party too had demanded

GST panel suggests standard GST rate of 17-18%

04 Dec 2015

The committee noted that the more the exemptions that are retained in the GST bill the higher will be the standard rate: the broader the scope of exemptions, the less effective the GST will be

EPFO launches simple forms for UAN-based settling of provident fund claims

04 Dec 2015

Chidambaram flays govt as ED raids his son’s firms in Aircel-Maxis case

01 Dec 2015

Chinese yuan to join IMF reserve currency basket

01 Dec 2015

More than anything, the move by the International Monetary Fund is seen as symbolic of the new world economic order and China’s growing clout

World’s biggest pension fund loses $64 bn on stock rout

01 Dec 2015

The fund’s decision last year to invest about 50 per cent in equities, as part of Prime Minister Shinzo Abe’s economic reforms, to generate higher returns for the country’s rapidly growing pension bill, recoiled on it

RBI to tweak gold monetisation scheme

28 Nov 2015

Japan commits Rs5,536 cr for Ahmedabad, Chennai metros

28 Nov 2015

RBI allows foreign investors to buy bonds in distress

26 Nov 2015

Falling investments could retard growth further, warns RBI governor

20 Nov 2015

Weak capital formation caused by a drop in investment has been a key factor behind India's struggle to realise its growth potential, says RBI governor Raghuram Rajan