China has hit back strongly at S&P Global’s “perplexing” decision to downgrade the country’s sovereign credit rating... S&P was “neglecting China’s sound economic fundamentals and.. S.China Morning Post
With the pharmaceutical sector struggling to keep pace with international standards, the central government is readying a Rs 996-crore plan to boost small and medium-sized enterprises (SME) units.. Deccan Herald
The mounting political crisis in Spain over Catalonia’s campaign for independence intensified on Saturday with a new row over the control of the local police force as the regional government pressed.. Source: Euronews English -
Spain’s central government and Catalan authorities clashed on Saturday over who controls the regional police force seen as key to the success of a planned Oct. 1 independence vote.
The State.. Source: euronews (in English) -
One of Japan's top leaders has apologized for making controversial remarks about Adolph Hitler and Nazi Germany. According to CNN, Taro Aso, the country's finance minister and deputy prime minister,.. Source: Wochit Headline News -
The New Delhi government decided to take the consolidation in the banking sector to the next level by setting up a panel to oversee the mergers. 21 state runs banks are looking to merge. Finance.. Source: nnis News English -
Putting more money into the hands of consumers this festive season, easier loans to SMEs and expediting disinvestment are among the steps being considered as part of a stimulus package to dig the.. Deccan Herald
The Finance Ministry has decided to organise Mudra Promotion camps across the country beginning from Prime Minister's constituency Varanasi next week to accelerate self employment opportunities... All India Radio
The government indicated on Saturday that the recent rise in inflation did not dampen the case for a rate cut as the finance ministry had factored in the possibility of 4% inflation in the medium term. IndiaTimes
Asserting that the slowdown in the manufacturing sector is due to various reasons, the official said the response has to be from across the board, including interest rate, exchange rate for boosting.. Zee News
MUMBAI (Reuters) - Indian's chief economic adviser Arvind Subramanian will continue for one more year after his current term ends on Oct. 16, the finance ministry said in a Twitter post on Saturday. Reuters India Also reported by •Sify
The newly set up committee on exports, under the GST Council, is working on ways to hand out timely refund to exporters, the government said on Friday.
"We are trying to find a way of giving refund.. Deccan Herald
Also, some of the credits, which are claimed in TRAN-1 form may be under litigation and?therefore, it may not be available to the assessee to carry forward or for utilisation. Zee News Also reported by •IndiaTimes
A group of ministers, headed by Finance Minister Arun Jaitley, discussed in details the modalities for the strategic disinvestment of Air India, according to sources.
Second in less than a month,.. Deccan Herald
Finance ministry officials on Thursday dismissed TV reports that Chief Economic Adviser (CEA) Arvind Subramanian has resigned.
The officials described the reports as "incorrect." The reports in some.. Deccan Herald
Finance Minister Arun Jaitley on Thursday promised 'appropriate actions' at the 'right time' to revive the slowdown-hit economy and said the government is seized of the problem of private investment.. Deccan Herald
Mindful of the heightened risk of cyber fraud on account of growth in digital transactions post-demonetisation, the Centre is contemplating a standard protocol for e-wallet companies on how to prevent.. IndiaTimes
The Department of Economic Affairs (DEA) under the Union Finance Ministry has written to the South Korean government asking for a loan of Rs 35,000 crore for construction of the 701-km Mumbai-Nagpur.. DNA
The war against black money has touched the ailing national carrier Air India. The Central Bureau of Investigation, while scrutinising a ground-handling joint venture of Air India named SATS Airport.. DNA
Even as Petroleum Minister Dharmendra Pradhan is pushing hard to bring petrol and diesel under the GST ambit, the Centre has no plans to do so in the near future.
Highly placed sources in the.. Deccan Herald