The Central Bureau of Investigation and Enforcement Directorate, is probing one of the biggest trade based money laundering, also referred to as 'banking-hawala scandal'.
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
The Central Bureau of Investigation and Enforcement Directorate, is probing one of the biggest trade based money laundering, also referred to as 'banking-hawala scandal'.
India's Finance Minister Arun Jaitley said that the government had made significant headway on the Goods and Services Tax (GST) and hoped to soon implement the most ambitious indirect tax reform since independence.
In a bid to overhaul tax administration, Indian Prime Minister Narendra Modi announced a revamp of the appraisal system for officers, besides backing a new method of scrutiny of returns that spares taxpayers the need to visit offices.
India's services sector activity touched an eight-month high in October driven by a significant rise in new business orders even as growth in manufacturing output eased, a survey said

In his intervention at the G20 working session on "Inclusive Growth: Global Economy, Growth Strategies, Employment and Investment Strategies," at Antalya...
The Modi government has gone for a raft of changes in the foreign direct investment (FDI) rules for 15 sectors - including retail, defence, construction, banking and electronic media - signalling that despite NDA's electoral defeat in Bihar...

Even after India's 12-slot jump in the World Bank's Ease of Doing Business survey, Finance Minister Arun Jaitley said the actual improvement in the ease...
Indian automobile giant Tata Motors announced it has signed-up Argentine footballer Lionel Messi as its global brand ambassador for its passenger vehicles
The World Bank maintains its growth forecast for the Indian economy for the current fiscal year, expecting it to expand by 7.5 per cent in 2015-16

The government of India has set up a 10-member panel to simplify the over 50-year old Income Tax Act, in an bid to ensure certainty in tax policy for ease...