The fall in exports of gems and jewellery exports is mainly because of shortage of raw-material for jewellery manufacturing.
Only after its recommendations will the central GST, integrated GST and state GST Bills be taken up
The terrorists have been identified as Raqib Ahmad Sheikh, a resident of Shiganpora in Kulgam, and Pakistani nationals Waleed and Numan, a police spokesman said.
The government on Wednesday raised the import tariff value of gold at $430 per ten grams and that of silver to $639 per kg as prices of the precious metals have risen in the global market.
Overall mobile phone production was about 68 million in 2014, increased to 100 million in 2015 and 350-400 million in July 2016.
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Gold prices on Tuesday rose by Rs 227 to Rs 28,418 per 10 gm in futures trade, largely on speculative positions created by participants amid a firming trend at the spot market.
'Localisation saves a lot of time and cost for them. Keeping an eye on a long-term market, this is the best way these car-makers can build momentum for their brands.'
GST compensation law allows for imposition of cess on certain luxury goods like tobacco, high-end cars and aereated drinks to create a corpus for compensating states for any loss of revenue in the first five years
In the second half of April, the discount on gold came down to $3 an ounce.
Jammu and Kashmir Chief Minister Omar Abdullah said the damages in the state due the worst floods in more than a century would run into "many thousands of crores" but he would approach the Centre only after the final assessment is complete.
An estimated 223 people have lost their lives since August 8 in Kerala's worst floods in decades that has caused damage worth more than Rs 20,000 crore.
A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.
India's IT services sector witnessed 4.2 per cent growth in 2012-13.
Basically the convertible version of the Rolls Royce Wraith, the Dawn made its public debut at the 2015 Frankfurt Motor Show
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The government has also raised the duty on gold ore/ concentrates/dore bars and silver dore bars ranging from 7 per cent to 10 per cent.
The government had increased customs duty on gold to 10 per cent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports.
The government announced several incentives in the five-year Foreign Trade Policy.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
The rating agency official did raise concern about the banks' non-performing assets.
'So far as supervision is concerned, there are enough powers but to take action on public sector banks, consultation with the government is needed.'
According to the NIPFP, there is the possibility that even if the banking system matures over time, some transactions could bypass the system so as not to pay the BTT.
The Budget for 2018-19 has at least five takeaways that are yet to receive adequate attention, says A K Bhattacharya.
Jewellers on Monday decided to continue their pan-India strike for an indefinite period against the Budget proposal.
'If some measures are implemented quickly, they can help revive growth.'
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
Any revision in gold import duty is unlikely to take place before the Budget, says finance ministry official.
India's GDP had recorded 7.5 per cent growth in the April-June quarter of last fiscal.
'The clubbing of policy announcements in the Budget speech creates policy surprises.' 'Economic actors dislike policy surprises because they throw their plans off track,' points out Alok Tiwari.
The dates of general elections in 2019 and the presentation of the final Budget of the Modi government are so far removed from each other that Jaitley is not under any pressure to present a populist Budget. Instead, he could well unveil an array of schemes and proposals that he believes are necessary for the economy, even if a few of them could be unpopular, says A K Bhattacharya.
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.
Bad loans of PSU banks rose by 28.5 per cent.
Petrol attracts a total excise duty of Rs 17.46 per litre.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
Rain gods may be kinder; revenue collections going up: Jaitley
Several exemptions have been given to reduce the cost of raw materials.
A high CAD puts pressure on the rupee, which in turn makes imports expensive and fuels inflation.
Recycling in India fell by 22 per cent to 14 tonnes against 18 tonnes.
The budgeted indirect tax collection target is Rs 9.26 trillion, and the Centre has collected around Rs 5 trillion in the first 8 months. So it needs another Rs 4.2 trn in the last four months
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