September 27, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Total number of women on the boards of Indian companies rose to 11.2 per cent in 2015, as against 5.5 per cent in 2010: Credit Suisse Research Institute
New Delhi: The Ministry of Earth Sciences (MoES) has signed a 15-year contract with the International Seabed Authority (ISA), for exploration of poly-metallic sulphides (PMS) in the Indian Ocean, thereby enhancing India’s presence in the Indian Ocean where players like China, Korea and Germany are active.
New Delhi: The Tax department has released draft rules for the Goods & Services Tax (GST) regime, aimed at providing complete electronic payment of tax and adjustment of credit, and a unique ID number for every debit or credit transaction, to ensure a proper audit trail.
New Delhi: Mumbai Centre for International Arbitration (MCIA), which will be India’s first major centre for commercial arbitration, will be launched in Mumbai on October 8, 2016, and will help in making India a hub of international commercial arbitration and ensure ease of doing business in the country.
Kolkata: India's leading inverter manufacturer Microtek is planning to enter the LED light segment in India for indoor, outdoor and industrial purpose and will showcase their products next month in 'Light India' exhibition to be held at New Delhi.
New Delhi: LeEco, a Chinese technology company, plans to open 1,000 stores in India by December 2017, as it expects 50 per cent of its revenue in India to come from physical stores.