Goverment & RBI 20 May 2017 by Tojo

GST Council sets four tier rate structure for services; standard rate at 18%

GST Council sets four tier rate structure for services; standard rate at 18%

The GST Council has finalized its prime work on services front by selecting 18% rate as the standard rate for the new GST network. As a result, bulk of the services will come under this rate including financial services, high end hotels, liquor licenses etc. There is a four-tier service tax slab wi..

Economy 26 Apr 2017 by Tojo Jose

NITI Ayog comes out with a three-year agenda, replicating Planning Commission

Country’s macroeconomic policy think tank- the NITI Ayog has finally come out with a daft policy proposal in the form a three-year action agenda for the economy. Th

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Economy 25 Apr 2017 by Tojo Jose

Centre proposes private players in wholesale market under AMPC amendment

The Agricultural Ministry came out with an amended Model APMC Act that brings significant changes in the existing rule proposed in 2003. Fresh changes include several ste

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Global Economy 23 Apr 2017 by Tojo Jose

IMF leans towards protectionist tones

In a fresh development, on the just born trend of embracing protectionism, the IMF pledged to ‘fight global imbalances’, deviating from its conventional rheto

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Markets 22 Apr 2017 by Tojo Jose

Oil sinks below $50 as market discovers Shales’ new resistance against OPEC

Crude oil market witnessed prices falling to two week’s low in the background of renewed production deployment by the rookie shale producers. The US benchmark WTI f

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Economy 20 Apr 2017 by Tojo Jose

Financially sound state entities can access direct foreign assistance

The Union Cabinet allowed financially sound state entities to borrow funds from Official Development Assistance (ODA) for financing infrastructure projects.  Explain

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Global Economy 19 Apr 2017 by Tojo Jose

Trump issues executive order for revising the H1 B Visa regime

Going with the promise of ‘Buy American and Hire American’ election propaganda, President Trump issued an executive order asking for the revision of the H 1B

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