by pallanus | Jul 17, 2020 | Business News
Sources also said 7,516 exporters are in risky exporter list. Meanwhile, IGST refunds amounting to Rs 1,363 crore has been suspended for 2,830 exporters categorised as risky. (Photo: Reuters/Representational image) The government on Friday started cracking down on...
by pallanus | Jul 8, 2020 | Business News
With the fiscal deficit already touching as high as 7 per cent of the GDP, the government has little room increase spending during the economic crisis. It is already running out of options to fund its budget and the Reserve Bank of India (RBI) may need to intervene...
by pallanus | Jun 23, 2020 | Business News
Make in India is not just a slogan anymore, it has become an e-commerce site filter. In a significant move, the government has introduced special filters on government procurement portal Government e-Marketplace (GeM) that would inform the buyer what’s made in India,...
by pallanus | Jun 20, 2020 | Business News
Since the violent face-off in the Galwan Valley that resulted in the deaths of 20 Indian soldiers, calls to clamp down on business with China and Chinese imports are growing. That may be easier said than done. The manufacture of drugs in India, many life-saving, is...
by pallanus | Jun 17, 2020 | Business News
The Supreme Court (SC) on Wednesday said there is no merit in burdening customers, who have opted for the RBI-approved loan moratorium, with additional interest. The SC bench, while hearing the plea challenging the levy of interest on loan repayments during the...