The Engineering Export Promotion Council (EEPC) of India on Tuesday raised concern over the recent announcement by the US President Donald Trump to withdraw India's name from the Generalized System of Preferences (GSP) program on March 5, 2019.
The Reserve Bank of India on Tuesday said it will buy government securities worth Rs 25,000 crore next month through two auctions of Rs 12,500 crore each.
The Telangana high court has rejected a writ petition challenging the imposition of interest on total goods and services tax liability including input tax credit, a ruling that has significant implications for industry.
‘Waqf institutions are meant for charitable purpose; we will seek exemption’
Loans to micro, small and medium enterprises (MSMEs) grew 21% year-on-year (y-o-y) in the quarter ended December 2018, according to a study by TransUnion Cibil, which also showed private banks and non-banking finance companies (NBFCs) gaining market share over public sector banks (PSBs).
India's GDP growth forecast for 2019-20 was lowered by multiple agencies recently. First, the ADB cut it to 7.2% from 7.6%. It was followed by the RBI’s cut to 7.2% from 7.4% and then by the IMF to 7.3%.