Goverment & RBI 24 Sep 2016 by Tojo Jose

GST Council starts work and sets Rs 20 lakh as exemption limit

GST Council starts work and sets Rs 20 lakh as exemption limit

The GST Council has started its difficult work of structuring the newly agreed GST in its first meeting. As an initial decision, the Council has agreed on an exemption limit of Rs 20 lakh. This means that traders and entities whose turnover is less than Rs 20 lakh annually doesn’t come under t..

Goverment & RBI 22 Sep 2016 by Tojo Jose

Academicians fills government’s slot in the monetary policy committee

Government has appointed three academicians from the country’s renowned institutions as its nominees to the newly formed Monetary Policy Committee (MPC). Chetan Gha

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Global Economy 21 Sep 2016 by Tojo Jose

Bank of Japan brings new policy to step up monetary easing

Bank of Japan has reinforced its monetary easing programme by introducing another innovative tool. This time, the Japanese central bank has set a cap on the 10-year bond

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Economy 20 Sep 2016 by Tojo Jose

New cities announced under the Smart Cities Mission

developed as part of the Rs 48000 crore Smart Cities Mission. This is the third list of the cities to be developed under the mission. The new list includes 27 new cities

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External Sector 20 Sep 2016 by Tojo Jose

India’s external debt surges to $486 bn; share of ECBs and Short term debt falls

The external debt of the country reached $486.6 bn as on March end 2016. According to the verification of the trend by the government on the basis of the Report published

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Economy 18 Sep 2016 by Tojo Jose

India has to abandon domestic sourcing of solar equipment as WTO favours the US stand

India’s forex saving policy on solar front that of local manufacturing should take place in India has to be abandoned with the WTO verdict against it. The WTO in it

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Global Economy 15 Sep 2016 by Tojo Jose

Government ratifies duty structure for APTA

Government has approved the duty structure for Asia Pacific Trade Agreement (APTA)- a preferential trade agreement between six developing countries of Asia including Chin

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