Category: Economy
Hoteliers Expect Rise In Occupancy Post GST Rate Cut
The tax on room tariff of above Rs. 7,500 was lowered to 18 per cent from the existing 28 per cent. The GST or Goods and Services Tax Council on…
India Is Only Major Asian Nation That’s Growing Its Export Share
India’s exports to the US grew at the fastest pace in six years in the year ended March 2018 Highlights India’s share of world exports rose to 1.71% in first…
Centre Gives Nod To Amendments In Insolvency Law, Resolution Timeframe Increased
The Insolvency and Bankruptcy Code (IBC) has been amended twice so far In a significant move, the government on Wednesday cleared seven amendments to the insolvency law that seeks to…
PE/VC deals plunge 54% in May to $2.8 b
Deal making through the private equity/venture capital routes saw a sharp 54 percent dip in May at a low $2.8 billion due to fewer large deals, according a report. However,…
India’s per-capita income rises 10% to Rs 10,534 a month in FY19
Representative image The country’s per-capita income is estimated to have risen by 10 per cent to Rs 10,534 a month during the financial year ended March 2019, government data on…
FPIs press exit button, pull out Rs 3,207 crore in May so far
Reversing their three-month buying streak, foreign investors pulled out a net Rs 3,207 crore from the Indian capital markets in the first seven trading sessions of May amid the US-China…
Rising crude prices to roil CAD, rupee, inflation metrics
A possible increase in fuel prices due to the US sanctions on Iranian crude exports can have adverse impacts on the current account deficit (CAD), the rupee and inflation, warns…
GST Council-like institutions needed to promote healthcare, rural development
Finance Minister Arun Jaitley on Wednesday made a case for setting up GST Council-like federal institutions to promote healthcare, rural development and agriculture sectors by optimally utilising resources of the…
Employees being given the choice of work hours. Why not?
A popular job site recently released a new advertisement that has an employee walking out of the office after finishing his work. His colleagues taunt him for ‘taking a half…
The Key To Managing Staff and Workflow
There’s a funny thing about managing an office, especially a creative office that depends on a flow of work projects coming in. The reality is that businesses can only flourish…