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Reuters
New Delhi\Mumbai, September 19, 2018
In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.


PTI
September 13, 2018
The other issues which figured in the meeting included ways to control sale of counterfeit products through an online platform, and facilitating logistics for the sector.


PTI
September 9, 2018
In its anti-dumping investigations, the Directorate General of Trade Remedies has stated that dumped imports of 'straight length bars and rods of alloy steel' from China have increased in absolute terms during 2016-17.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


BusinessToday.In
August 30, 2018
The commerce and industry ministry is setting up two more task forces to plan the use of big data and artificial intelligence in government processes and chalk out the country's response to the changing trade dynamics.


BusinessToday.In
August 28, 2018
While the ongoing trade war between the US and China has sent alarm bells ringing, India can end up as a major beneficiary if it play its cards right.


PTI
August 15, 2018
Prime Minister Narendra Modi today said a new agriculture export policy will be unveiled soon to boost farm income as the government is on track to achieve the target of doubling farmers' income by 2022.


PTI
August 11, 2018
Commerce and Industry Minister Suresh Prabhu today asked his officials to undertake another round of stakeholder consultations for the draft e-commerce policy as concerns have been raised on some proposals.


BusinessToday.In
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...


BusinessToday.In
New Delhi, August 7, 2018
According to the committee, the RBI should have engaged more in consultations with stakeholders on the matter before resorting to discontinuation of LoU/LoCs [letters of comfort].


Reuters
August 5, 2018
The policy will be the latest in a series of proposals that seek to spur data localisation in India, as the government finalises an overarching data protection law.


Joe C Mathew
August 2, 2018
Invest India, the national investment promotion and facilitation agency set by the Central government has joined hands with energy sector companies to offer lab-to-market opportunity for Indian start-ups through a three month 'Integrate to Innovate' Programme.


Reuters
July 31, 2018
The RBI in April had said that payments firms such as Mastercard and Visa should within six months store data only in the country for \"unfettered supervisory access\". But US firms protested and the Finance Ministry has recommended relaxing the directive.


BusinessToday.in
New Delhi, July 27, 2018
Bharti Airtel turns a surprise profit of Rs 97 crore in June quarter due to tax gainsIndian telecom conglomerate Bharti Airtel managed to defy street expectations and come out with a profit in the June quarter. After the slim profit the telecom major managed in the March quarter of the last fiscal, it seems to be finding its feet back in the competitive Indian telecom industry. Bharti Airtel posted a sequential rise of 17.37 per cent in its profit attributed to owners, which rose ...


Sumant Banerji
New Delhi, July 26, 2018
Some of the other demands by the truckers include abolition of TDS, rationalisation of Income tax Act, smoother functioning E-way bill, national permit for tourists and buses and abolition of direct port delivery tendering system.


BusinessToday.In
July 17, 2018
Despite vociferous protests from solar developers, the Directorate General of Trade Restrictions (DGTR) has finally recommended that a 25 per cent safeguard duty should be imposed on imports of solar cells and modules from China and Malaysia for the first year.


Reuters
July 11, 2018
The Trump administration raised the stakes in its trade dispute with China, threatening 10 percent tariffs on a list of $200 billion worth of Chinese imports, sending stocks lower and prompting Beijing to warn it would be forced to respond.


BusinessToday.In
July 7, 2018
Recently, FICCI conducted a survey of enterprises on completion of one year of GST and their experience post-GST implementation. According to the survey, 59 per cent of the respondents mentioned that they were not satisfied with the capability of the GSTN portal.


Joe C. Mathew
New Delhi, June 25, 2018
Despite government initiatives, India's exports have remained below the 2013/14 levels. Exporters' GST problems and rising trade barriers suggest fast growth is unlikely to materialise.


BusinessToday.In
New Delhi, June 18, 2018
Nirav Modi holds six Indian passports; agencies to file fresh FIRAbsconding jeweller Nirav Modi, wanted in the Rs 13,600 crore PNB fraud case, is reported to be in the possession of at least six Indian passports and the investigative agencies are likely to file a fresh FIR against him for this offence, senior officials confirmed. It is a criminal offence to possess more than one valid passport and also to use a revoked passport. Modi, who was earlier holed up in the UK, is now rep...


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