EconomyLoop
where regional business news becomes global to everyone

Cross-border insolvency norms: Modi government looking at adopting UN model

The government is looking at the possibility of adopting a United Nations legal model for cross-border insolvency cases as it works on strengthening the insolvency resolution framework, according to a senior official.... read more

 Financial Express7 hours ago

     
Institute of Cost Accountants of India elects new President

The institute has around 75,000 members and about 50,000 students.... read more

 Financial Express7 hours ago
GST slabs can be reduced to 3 in coming days: Sushil Modi

Modi said that there are five slabs in GST and "there is an intention to reduce it to three slabs but it will take some time" as it is related to states' revenue.... read more

 Financial Express7 hours ago
Tribunal rules in favour of SpiceJet in spat with Maran

Rejects ex-promoter’s ?1,323-cr. claim... read more

 The Hindu10 hours ago
Commercial vehicles get onto the expressway

Construction activity, replacement demand for higher tonnage spur growth; 2020 deadline for BS VI norms also adds to trend... read more

 The Hindu10 hours ago
Consumption, govt. spending to be growth drivers

Key to markets is whether profit, growth momentum will sustain, says Max Life CIO... read more

 The Hindu10 hours ago
What is the GDP deflator?

It is a more comprehensive measure of inflation... read more

 The Hindu10 hours ago
What is the GDP deflator?

It is a more comprehensive measure of inflation... read more

 The Hindu10 hours ago
Mechanisation in cotton harvest to boost cost saving

‘Each plucking machine does the job of three workers’... read more

 The Hindu10 hours ago
An index to determine the value of coal blocks

With the coal sector opening up for commercial mining, changes are round the corner, including a revenue-sharing model with States... read more

 The Hindu10 hours ago
Three GST slabs enough, says Sushil Modi

The number of GST slabs can be reduced to three from five for the convenience of consumers and businesses, Bihar Deputy Chief Minister Sushil Kumar... read more

 The Hindu11 hours ago
More visa rejections may drive delays, raise costs, says Infosys

‘Recent increase in rejections has affected ability to staff projects’... read more

 The Hindu11 hours ago
Fiat Chrysler names Jeep chief as CEO

Fiat Chrysler named its Jeep division boss Mike Manley to take over immediately from chief executive Sergio Marchionne, who is seriously ill after suf... read more

 The Hindu11 hours ago
IBC eyes UN model for cross-border norms

Existing sections seen as inadequate... read more

 The Hindu11 hours ago
Intel to focus on AI, 5G, PC-related innovations

5G can be a game changer, says Intel India MD... read more

 The Hindu11 hours ago
Thermal coal imports surge 19%

India’s top 12 major ports reported a 19.32% surge in imports of thermal coal to 28.28 million tonnes during April-June this year, latest report from... read more

 The Hindu11 hours ago
India among 10 Asian economies to beat US in terms of GDP by 2030, says DBS report

The 10 major economies of Asia, including India, are expected to see robust growth and amount to over USD 28 trillion in real GDP terms on aggregate, more than the US by 2030, says a DBS report.... read more

 Financial Express17 hours ago
GST Council Meet: From rate cut to simplified returns; 11 key decisions in a nutshell

GST Council Meet highlights: The Goods and Services Tax (GST) Council met yesterday for the 28th time to discuss some crucial changes in the new indirect tax regime, for the first time in its second year. We take a look at key decisions in a nutshell... read more

 Financial Express17 hours ago
Major ports see 19% surge in thermal coal imports in April-June

India's top 12 major ports reported a 19.32 per cent surge in imports of thermal coal to 28.28 million tonnes during April-June this year, latest report from Indian Ports Association (IPA) has said.... read more

 Financial Express17 hours ago
Illness ends career of Sergio Marchionne, the CEO who liked to fix things

Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a car... read more

 The Hindu18 hours ago
EPFO payroll data: 4.4 mn jobs created in 9 months till May

According to the payroll data released by the Employees' Provident Fund Organisation (EPFO) last month for September to April, as many as 4,126,138 new member were enrolled for its social security schemes to provide benefits, including provident fund... read more

 Financial ExpressYesterday
GST Council Meet: Rate cut brings big relief to consumers! Check full list of items with latest GST rates

GST Council meet: In a big relief to the common man, the Goods and Services Tax (GST) Council slashed tax rates on several consumer durables, and also took major decisions for simplifying the return process. We take a look at the complete list.... read more

 Financial ExpressYesterday
GST Council meet: Boost to consumption, easier compliance for taxpayers

The Goods and Services Tax (GST) Council on Saturday reduced the tax rates on several items, including an array of white goods and consumer articles, and extended big compliance relief to taxpayers with new simplified returns.... read more

 Financial ExpressYesterday
Japan Inc. to chase casino stakes after parliament passes key legislation

Analysts say the prize is clear: casino resorts will earn up to $25 bn in revenue, a rare chance of growth for domestic firms bruised by decades of deflation and weak demand... read more

 The HinduYesterday
Over 50 products cheaper as GST Council slashes rates

No tax on sanitary pads; rates on household appliances cut to 18 %... read more

 The HinduYesterday
Wall St. braces for U.S. tariff fallout as companies report

‘Escalation of trade spat may hit earnings growth by 1-1.5%’... read more

 The HinduYesterday
Amazon to Alcoa, firms work to counter Trump’s tariff plans

Companies mull industry-wide advertising campaigns, more extensive lobbying... read more

 The HinduYesterday
Burberry’s report spotlights global fashion’s burning issue

British brand incinerated unsold stock worth £29 million... read more

 The HinduYesterday
General insurers’ Q1 premium grows 12%

Private health insurers see 36% jump... read more

 The HinduYesterday
GST rate cut on 100 items: Here is the full list

Finance Minister Piyush Goyal has said the focus on consumers and MSMEs.... read more

 Zee India NewsYesterday
TRAI firm on 15-day demo licence norm

Rejects DoT’s view that the recommended time period may not suffice... read more

 The HinduYesterday
Cochin Port to get cruise terminal

?25.72-cr. facility to come up in 2020... read more

 The HinduYesterday
HDFC Bank profit climbs 18.2%

Q1 net rises to ?4,601.4 cr.; net interest income increases by 15% on asset growth... read more

 The HinduYesterday
Casa Grande PropCare to enter two more metros

Facility management firm eyes ?200 crore topline by 2020... read more

 The HinduYesterday
Texprocil in talks with textile sector on alternative plans for export subsidies

Subvention to be phased out as India’s share in global shipments crossed 3.25%... read more

 The HinduYesterday
Face of Indian banking set to change over next 2 years

By 2020, successors will step in, in five major institutions... read more

 The HinduYesterday
Miraj to invest ?150 cr. in new screens

Miraj Cinemas, a division of Miraj Entertainment Ltd., is planning to operate at least 200 screens all over India in the next two to three years, said... read more

 The HinduYesterday
GKN Fokker venture to set up aircraft wiring facility in Pune

$10-million unit to go live in first quarter of 2019, employ 800 by 2027... read more

 The HinduYesterday
SIB net falls on slump in treasury profit

MTM provision too declines by ?41 cr.... read more

 The HinduYesterday
‘Machine learning, AI top professionals’ reskilling list’

Data science, cloud computing come next, says Simplilearn... read more

 The HinduYesterday
Flipkart, Amazon engage in e-tailing slugfest

Mobile phone sales sprint as e-tailers shower offers during their flagship shopping events... read more

 The HinduYesterday
Sandvik Coromant eyes double-digit growth in India

Metal cutting tools maker sets up research centre in Pune... read more

 The HinduYesterday
Brakes on real-estate prices: Realty prices slow down in Delhi, Ahmedabad in Jan-Mar

In the January-March quarter of 2018, the rate of real estate prices’ increase declined to 6.7 percent as against 7.2 percent in the October-December quarter. The rate was 10.4 percent a year ago.... read more

 Financial ExpressYesterday
China’s rising economic pressure prompts talk of policy rethink

China’s economic policy could be in line for a rethink. A slew of negative headlines from the escalating tension with the Trump administration and slowing growth to a bear market in stocks is prompting renewed focus on if and how policy makers will r... read more

 Financial ExpressYesterday
GST Council meet: Sanitary napkins exempted, tax returns simplified, and other highlights

GST Council Meet: In a major step, the GST Council has exempted sanitary napkins from Goods and Services tax, Delhi finance minister Manish Sisodia told the press.... read more

 Financial ExpressYesterday
Why is the WTO facing challenges?

What is the problem?Union Commerce Minister Suresh Prabhu last week stated that India does not subsidise its exports to the rest of the world. The Mi... read more

 The HinduYesterday
Sanitary napkins to be exempt from GST

Sanitary napkins are taxed 12% under the one-year old GST regime... read more

 The HinduYesterday
HDFC Bank Q1 net up 18% at Rs 4,601 cr

HDFC Bank has reported an 18.2 per cent increase in its net profit at Rs 4,601.44 crore for the quarter ended June, 2018. The private sector lender... read more

 The HinduYesterday
ICICI Bank to expand coverage of SHG linkage programme in TN

The private lender has crossed a milestone of supporting 17 lakh women beneficiaries through the Self- Help Group-Bank Linkage Programme.... read more

 The HinduYesterday
Claims under crop insurance scheme stand at Rs 16,000 crore for Kharif 2017

Claims made under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif 2017 stood at Rs 16,000 crore. While Rs 11,000 crore has been paid to farmers, remaining Rs 5,000 crore would be given in the next few days, said senior officials from the ... read more

 Financial ExpressYesterday