Economy

Saudi Arabia and India share a commitment to expanding and liberalizing bilateral trade relations, said Saleh bin Nasser Al-Jasser, Saudi Minister of Transport in Mumbai on 23 Dec 2019.

PHD Chamber of Commerce and Industry has urged the government for amendment in the definition of Micro, Small and Medium Enterprises (MSMEs) to rejuvenate economic growth.

There is enough cash available in the banking system and its now for the industry to take advantage of this, said SBI Chairman Rajnish Kumar.

There is no possibility of any change in Goods and Services Tax (GST) rates till the revenue stabilizes, a senior official has assured during the FICCI's 92nd Annual Convention on 21 Dec 2019.

Prime Minister Narendra Modi has highlighted the sweeping reforms to make Banking Sector more transparent and profitable.

Housing project delays are perpetually under a tainted spotlight and the country’s top judiciary, including Supreme Court and consumer courts, maintain that home buyers cannot be made to wait indefinitely for the possession of their flats/apartments.

Industrialists have suggested ways to reduce time for Foreign Direct Investment (FDI) approval during the Pre-Budget meeting with Finance Minister Nirmala Sitharaman in Delhi on 19 Dec 2019.

The price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top 7 cities has been reduced to a mere 3-7% in 2019, according to data from property consultants ANAROCK.

The travel services market in India is expected to post a CAGR of close to 19% during the period 2020-2024, according to the latest market research report by Technavio.

The Federation of Indian Export Organizations (FIEO) has called for “Double Tax Deduction Scheme for Internationalization of MSMEs” to allow MSMEs to deduct against their taxable income, twice the qualifying expenses incurred for approved overseas activities including market preparation, market...