India is all set to grow by 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The Bank in its Global... Read more »
narguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into the country’s realty... Read more »
The government hit the highest Goods and Services Tax collection since its roll out for April. The government reported a 10.05 percent year-on-year rise in the Goods and Services Tax (GST) revenue collected... Read more »
GST collections rose to a record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid increased number of returns filed.... Read more »
The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report said Wednesday. Global... Read more »
The government has agreed to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said Tuesday. Somany, after... Read more »
With the launch of steel futures, Indian Commodity Exchange Limited (ICEX) is widening its product offerings to its existing product portfolio of diamond derivatives. The availability of futures trading in steel long,... Read more »
Nielsen India unveiled its’s FMCG quarterly report for the quarter ended 30th June 2018 (AMJ). In the last quarterly Jan – March, 2018 report Nielsen had projected that FMCG manufacturers shipment will continue... Read more »
Shoppers Stop Limited (SSL) has reported earnings for the first quarter ended June 30, 2018 with a significant improvement in EBITDA and PBT/PAT. During the quarter under review, Shoppers Stop increased the... Read more »
Acuite believes that the reduction of GST on over 50 items, largely consumer durables will boost consumption in the economy and is likely to have a positive impact on capacity utilisation of... Read more »