Business Archives - The News Runway

RBI Governor Shaktikanta Das tests positive for Covid-19; to continue work from isolation

Das said that he is asymptomatic and feeling very much alright.The Reserve Bank of India Governor Shaktikanta Das has tested positive for the Coronavirus but...

PM Modi tells people to remember Vocal for Local while shopping; highlights khadi’s growth outside India

Modi said that not only is the popularity of khadi rising it is also being produced in many places of the world. Even as Prime...

Supreme Court directive: Centre notifies interest relief scheme

Also, the ex-gratia will be available to borrowers subject to conditions that a loan account should be standard as on February 29 and the prevailing...

Special GST window: Centre borrows Rs 6,000 cr and releases to 16 states, 2 UTs

While 21 states and 2 union territories had agreed to the special window involving back-to-back borrowing coordinated by the union finance ministry, the government said...

GST: Tax fraud worth Rs 50 crore detected, Ahmedabad student arrested for registering fake firms

The racketeers floated about 115 fake companies spread across nine commissionerates and wrongfully availed of input tax credits (ITC), they added.The Directorate General of GST...

No more happy hours! High Corona tax backfires, liquor sales halved in last 5 months

State excise duty on alcohol accounts for around 10-15% of its own tax revenue for majority of states, according to RBI report on ‘State Finances:...

Shaktikanta Das says room for rate cut if inflation moderates; RBI MPC lists out 3 macro-financial risks

Shaktikanta Das said that space for rate cuts needs to be used judiciously to support recovery in growth while the ongoing transmission of past monetary...

Govt releases new series of retail inflation for industrial workers with 2016 base year

The CPI-IW is primarily used to regulate the dearness allowance of government employees and the workers in the industrial sectors.The government on Thursday launched a...

Stimulus resources saved for timely demand push: Principal economic adviser Sanjeev Sanyal

Sanyal’s views bolstered expectations of another larger stimulus by the government.Now that many sectors of the economy are emerging out of the torpor caused by...

RBI’s on-tap TLTRO begins; why these 5 sectors were selected, and how they will drive India’s growth

The five sectors have less than 1 per cent of the total share in Rs 4.2 lakh crore of bond market issuances. Image: ReutersReserve Bank...