Tuesday , 26 March 2019


GST evasion of Rs 12,766 cr detected in April-November

NEW DELHI: A total of 3,196 cases of Goods and Services Tax (GST) evasion amounting to Rs 12,766 crore have come to light in the first eight months of the current financial year, the Ministry of Finance said on Tuesday. Please like & share: Read More »

Govt orders cadre review, restructuring of I-T dept

NEW DELHI: A fresh cadre review and restructuring of the Income Tax Department has been ordered by the government with an aim to create a “caring but strict” direct taxes regime in the country. Please like & share: Read More »

RBI versus government, there’s no winner

By D M Deshpande For some time it was assumed that the tensions between the two warring parties-the RBI and the government were laid to rest. But it turned to be short-lived when suddenly, Urjit Patel the Governor resigned with immediate effect citing, of course, personal reasons. Please like & share: Read More »

‘No online sale of medicines till norms in place’

NEW DELHI: The Delhi High Court on Tuesday said its stay on sale of drugs and prescription medicines by online pharmacies will continue till rules are framed to regulate such entities. Please like & share: Read More »

Total govt liabilities rise to Rs 82 lakh crore

NEW DELHI: Total liabilities of the government increased to Rs 82 lakh crore at end-September from Rs 79.8 lakh crore at end-June this year, latest data on public debt showed on Monday. Please like & share: Read More »

Thyssenkrupp, Tata Steel announce executive leadership for planned JV

MUMBAI: Tata Steel and Thyssenkrupp on Monday said Andreas Goss, currently Chief Executive Officer (CEO) of the steel division of the German multinational conglomerate, will chair the management board of the planned European steel Joint Venture (JV) between the two companies. Please like & share: Read More »

‘Niti pushes for methanol use as cooking fuel’

NEW DELHI: To promote clean energy, Niti Aayog is pushing for the use of methanol as cooking fuel in households as well as transport fuel, a member of the government think tank said Monday. Please like & share: Read More »

Operational independence of central banks important, says IMF

WASHINGTON: Operational independence is important for a central bank to carry out its responsibilities, a senior IMF official has said, amidst the growing debate in India over the RBI’s autonomy following Urjit Patel’s resignation as its governor. Please like & share: Read More »