Promoting MSMEs in developing countries will positively impact jobs, income, says Piyush Goyal

India on Sunday insisted on promoting micro, small and medium enterprises (MSMEs) in developing countries as they are important for employment and income generation. This was emphasised by commerce... Read more »

PM Modi to meet world leaders in Japan for G20 Summit

Prime Minister Narendra Modi on Thursday has arrived in Japan for the G20 Summit during which he will engage in plurilateral talks and meet with the world leaders including... Read more »

Commerce Minister Piyush Goyal warns Amazon, Flipkart about providing steep discounts

Government has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must comply with new foreign investment rules aimed at preventing from providing steep online discounts,... Read more »

Embrace fair and reciprocal trade, lower barrier, says US to India

The Trump Administration has asked the Prime Minister Narendra Modi to lower trade barriers and embrace fair and reciprocal trade, the United States said hours after Secretary of State... Read more »

RBI starts CMS software for filing online complaints against banks, NBFCs

The Reserve Bank of India Monday has started an application on its website for filing complaints against banks and NBFCs with a view to improve customer experience in timely... Read more »

Indians have hoarded $216-490 billion black money abroad, claim studies

Unaccounted wealth stored abroad by Indians is estimated to be in the range of $216.48 billion to $490 billion between 1980 and 2010, the Standing Committee on Finance said... Read more »

US Secretary of State Pompeo to strategise ways to strengthen trade ties with India

India and the United States are zeroing in on an industrial security agreement that will allow the transfer of defence technology, sources said on Monday, ahead of US Secretary of... Read more »

5G arrives, but no fibre optics present

If switching to 4G from 3G was all about rationalising capacity by Indian telecom operators, 5G’s clarion call is fiberisation — and more fiberisation. Investment in fiberised backhaul infra,... Read more »

Income Tax department issues Rs 64,700 crore worth refunds between April 1 to June 18

The Income Tax department has issued Rs 64,700 crore worth refunds in the current fiscal, and for full 2018-19 fiscal the amount released was over Rs 1.61 lakh crore,... Read more »

Anil Agarwal feels privatizing mining firms could help save imports by $400 billion

Anil Agarwal, the founder and chairman of Vedanta Resources, has reportedly requested the government to privatise five mining companies, including Hindustan Zinc, which will help India cut USD 400... Read more »