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08 Jun 2023

IRCTC’s Travel Insurance Policy: Insure Your Train Travel For Just 35 Paise

IRCTC offers travel insurance for train journeys with a premium of just 35 paise per passenger. In case of death, insured passengers receive 100% of the sum insured, up to Rs 10 lakh. There are also provisions for permanent total disability, permanent partial disability, and hospitalisation expenses.

08 Jun 2023

Can You Claim For HRA Exemption If Rent Is Paid To Your Parents?

Employees receive HRA to cover the cost of rental accommodations. HRA exemption can be claimed under Section 10 (13A). HRA is completely taxable.

28 Jan 2021

India's economy to shrink 10.3% in 2020, will register 8.8% growth in 2021:IMF

The IMF report said global growth would contract by 4.4 per cent this year and in 2021 will bounce back to 5.2 per cent. China is the only country, among the major economies, to show a positive growth rate of 1.9 per cent in 2020, it said. While, America's economy is projected to contract by 5.8 per cent in 2020 and will likely grow by 3.9 per cent the next year.

Startup definition

26 May 2017

Govt tweaks startup definition, benefits to now flow for 7 years

The government has introduced minor changes to the startup definition, saying a business not older than seven years will now qualify for benefits under the Startup India Action Plan.

Royal Bank of Scotland

11 Apr 2016

RBS to close down India business as it shrinks global assets: Sources

Royal Bank of Scotland (RBS) will close its corporate banking operations in India as part of a plan to sell or shut businesses in two-thirds of the countries it operates in, a person familiar with the situation said

02 Apr 2016

Jaitley invites Australian businesses to invest in India

Showcasing significant investment opportunities in manufacturing and infrastructure sector, Finance Minister Arun Jaitley has invited Australian businesses to come and invest in India as he wraps up his four-day visit to the Asia Pacific country.

02 Mar 2016

Govt can exceed growth target with less obstructions, says FM

Finance Minister Arun Jaitley on Wednesday exuded confidence that the growth rate in the next fiscal could exceed 7-7.75 percent if there is less political obstructionism and the government is allowed to push through important Bills like GST and the bankruptcy law.

India`s services sector

03 Feb 2016

Services sector growth hits 19-month high in January: PMI

India's services sector activity touched a 19-month high in January driven by strengthening underlying demand and improved weather conditions, a monthly survey showed Wednesday.

India's manufacturing sector

27 Dec 2015

India's manufacturing sector on the wane in Dec qtr: Ficci

The revival prospects for India's manufacturing sector in the October-December quarter seem to be weakening mainly due to a sluggish exports scenario, according to Ficci.

Year Ender 2015

21 Dec 2015

More changes to companies law, clearer CSR norms likely in '16

India ranks much higher at 8th place for protecting minority investors.

Ease of Doing Business

28 Oct 2015

India's WB ranking on 'ease of biz' will improve further: FM

A World Bank report yesterday ranked India at 130 out of 189 country on the ease of doing business, up 12 places from 142nd rank last year.

23 Sep 2015

Biz sentiment drops on rupee fall, weak global demand: Survey

Indian business sentiment fell for the third consecutive month in September amid subdued foreign demand and a sharp depreciation of rupee, a Deutsche Boerse survey said.

30 Aug 2015

PM Modi accepts defeat on contentious land decree, will change law

Modi said on Sunday the government was ready to amend the proposed law and criticised the spreading of false rumours that made farmers afraid of the changes.

04 Aug 2015

`Indian consumer sentiment lowest since March`

The MNI India Consumer Sentiment Indicator fell for the third straight month to 118.6 in July -- the weakest level since March -- amid weakening personal finances, said a Deutsche-Boerse survey.

17 Jun 2015

India emerges as UK's 3rd largest FDI source in 2014

The UK on Wednesday said it has maintained its position as the number one destination for FDI in Europe after attracting a record number of projects from over 70 countries including India, bringing in the largest financial value and associated jobs over the past year.

India services industry

03 Jun 2015

Services sector contracts for first time in 13 months: HSBC

India's services sector activity contracted for the first time in 13 months in May, largely due to decline in new order flows amid competitive pressure and natural disasters.

09 May 2015

Increase R&D spending to 4% of GDP, says Prabhu

If India is to expand business and innovate, the spending on Research and Development (R&D) should be raised to four percent from existing one percent of the GDP, Railway Minister Suresh Prabhu said on Saturday .

08 May 2015

Govt proposes mechanisms to address exporters issues

The government has proposed two institutional mechanisms to address issues facing exporters and engage in regular communication with stakeholders, Parliament was informed on Friday.

25 Mar 2015

FIPB clears 10 FDI proposals worth Rs 2,858 crore

The Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the Holcim-Ambuja deal to the CCEA.

Indian investment

24 Mar 2015

Indian organisation releases guide for investment in US

Aiming to facilitate more Indian investment in the US, a top non-government Indian organisation has released a one-stop guide book, which also serves as a ready reference guide to all those looking to expand their business in America.

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