Business

The data, which forms part of the latest World Economic Outlook report of the International Monetary Fund, ranks over 200 countries in terms of per capita GDP based on purchasing power parity (PPP).

The minister was responding to a question from the audience at the valedictory of the three-day Bengaluru Tech Summit on what Karnataka government can do to minimise duties for ease of start-ups to grow as manufacturing industries.

Currently, crude oil, petrol, diesel, jet fuel or aviation turbine fuel (ATF) and natural gas are not included in GST, which kicked in from July 1.

Addressing the ASEAN Business Forum, the prime minister said India's 'Act East policy' puts the 10-member bloc at the centre of the country s engagement adding that most sectors of the Indian economy were made open for foreign investment.

The standalone tower businesses of Vodafone and Idea comprise a combined portfolio of nearly 20,000 towers.

In a statement, CAIT said GST portal has brought much harassment and mental agony to traders by its non-smooth functioning and has proved a major roadblock in success of a good taxation system like GST.

Speaking to News18, Gujarat Chamber of Commerce and Industry (GCCI) vice-president Jayendra Tanna said that while any reduction in GST slab is a welcome move, the government has still not simplified the compliance system.

Gadkari announced this at the inauguration of Agrovision Exhibition on Thursday. Vice President Venkaiah Naidu, who was present on the occasion, performed e-jalpoojan of Kerala Lift Irrigation Scheme and right bank canal of Gosikhurdh Irrigation project.

"Many graduation-eligible countries, even those with strong market access, have continued to demand (World Bank) financing," he said in prepared testimony. "Adherence to the graduation policy has progressively weakened."

Amitabh Kant said the Indian consumer electronics and durable industry needs the "right ecosystem" to grow and be a part of the global market.

The exercise is part of a first-of-its-kind initiative being undertaken by the Central Vigilance Commission aimed at bringing in systematic improvements in the banking system to prevent fraud.

In an interview with CNN-News18, Kant said, “The mudra scheme is being availed hugely by women in rural areas. It’s not concentrated in a state. It’s across India. What does that tell you? That more and more women are now coming out on their own to achiev...

The US central bank left interest rates unchanged at the end of its two-day policy meeting but remains on a path for a possible December hike as it cited "solid rate" of growth.

The CCEA has also approved that, in future, Department of Fertilizers would avail the SBA with the concurrence of Department of Expenditure.

The benchmark Sensex retreated from record by falling 66.99 points, or 0.20 per cent, to 33,199.17 in early trade

With the capability of providing real time information, the Web-based software app PFMS has tremendous potential to improve programme/financial management, reduce the float in the financial systems by enabling "just in time" releases and also the governme...