Phase 1 of railways’ game-changing freight corridor network will be ready by November

Phase 1 of railways’ game-changing freight corridor network will be ready by November The first phase of the Rs 81,000-crore dedicated rail freight corridors project is likely to be completed in November. Once thrown open, the western and the eastern corridors will reduce travel time between Delhi and Mumbai and Delhi and Howrah, the two […]

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GST surpasses Rs 1 trn in April, FM says this confirms upswing in economy

GST surpasses Rs 1 trn in April, FM says this confirms upswing in economy If the governments at the Centre and in states indeed collect Rs 1 trillion, they will be able to garner Rs 12 trillion in 2018-19 The goods and services tax (GST) revenue collection crossed Rs 1 trillion in April, the highest […]

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India’s curbs on import of pulses: US, Australia, EU raise concerns at WTO

India’s curbs on import of pulses: US, Australia, EU raise concerns at WTO A commerce ministry official says India defended the restrictions on import of pulses as they are compliant with WTO rules Members of the World Trade Organization (WTO) including the US, Canada, Australia, European Union and Japan have raised concern over India’s quantitative […]

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RBI widens FPIs’ investment scope in local corporate debt

RBI widens FPIs’ investment scope in local corporate debt Mint Street late on Tuesday raised the incentive for Corporate India to tap the bond market for its working capital needs, allowing foreign portfolio investors (FPIs) to invest a fifth of their total corpus in less than one-year residual debt papers sold by local companies. The […]

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