Economy

Current Account Surplus Shrinks To $15.5 Billion In July-September Quarter

Current Account Surplus Shrinks To $15.5 Billion In July-September Quarter

Reuters | Thursday December 31, 2020, Mumbai

The surplus stood at 2.4 per cent of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or 1.1 per cent of GDP, in the same period a year ago,

Paying 1% GST Liability Will Affect Less Than Half Assessees: Finance Ministry

Paying 1% GST Liability Will Affect Less Than Half Assessees: Finance Ministry

Asian News International | Saturday December 26, 2020

The cash payment of one per cent would be calculated on the tax liability in a month and not turnover of the month, according to sources in the Revenue Department

Government Allows Additional Borrowing Of Rs 19,459 Crore For Six States

Government Allows Additional Borrowing Of Rs 19,459 Crore For Six States

Edited by Nikita Prasad | Saturday December 26, 2020

The ease of doing business is an important indicator of the investment friendly business climate in the country. Improvements in the ease of doing business will enable faster future growth of the state economy

Franklin Templeton: No Steps Taken By SEBI To Appoint Observer, Says CFMA

Franklin Templeton: No Steps Taken By SEBI To Appoint Observer, Says CFMA

Press Trust of India | Saturday December 26, 2020

The top court had on December 9 asked the Securities and Exchange Board of India (SEBI) to appoint an observer for overseeing the e-voting process, scheduled between December 26 to December 29

Maharashtra Government Waives Licence Fee To Provide Relief To Hospitality Sector

Maharashtra Government Waives Licence Fee To Provide Relief To Hospitality Sector

Reported by Saurabh Gupta, Edited by Abhishek Vasudev | Thursday December 24, 2020

The government hopes this move will go a long way in restoring normalcy for the sector that has been hit badly due to the lockdown caused by the Covid19 pandemic