Manufacturing activity strengthens in September, PMI rises to 52.2

As per the survey report, underpinning the overall expansion was a firmer increase in levels of new work and gains in both domestic and foreign demand.

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Government looks to plug gaps in exits of auditors, directors

The move follows deliberations in the ministry of corporate affairs, which had sought reasons for large scale auditor resignations in companies, with an estimated 200 auditors having resigned so far this year.

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Target iPhones, not rates, to support rupee, says Modi's top adviser

The government on Wednesday raised import taxes on $12 billion of goods, from jewelry to footwear, as it sought to pare the current-account deficit from a five-year high.

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Technew

Elon Musk reaches a deal with US regulators over tweets he sent about taking Tesla private.

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Technew

The health secretary - a father of three - says he is worried about the impact on children's mental health.

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Technew

Super 8 enjoys a huge resurgence as filmmakers ditch digital in favour of the original film format.

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Elon Musk reaches deal over tweets about taking Tesla private

Elon Musk reaches a deal with US regulators over tweets he sent about taking Tesla private.

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Social media guidelines for young people to be drawn up

The health secretary - a father of three - says he is worried about the impact on children's mental health.

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The rise of retro filmmaking and resurgence of Super 8

Super 8 enjoys a huge resurgence as filmmakers ditch digital in favour of the original film format.

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Companies may have to show ledgers for claiming GST credit of over Rs 25 lakh

This comes after a detailed analysis of the top 50,000 taxpayers showed a sharp rise in the closing balance of credit of many at the end of June last year compared with September 30, 2016

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India wants to have trade deal with US: Trump

Trump remarks comes days after Assistant US Trade Representative Mark Linscott returned from India where he had detailed discussion with senior Indian officials on bilateral trade.

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Government sets up Competition Law Review Committee

A Finance Ministry release said that the committee will review the competition regulations in view of changing business environment and suggest the necessary changes.

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India's 2018 monsoon rainfall below average, lower than forecast

Rains were 91 percent of the long-term average at the end of the July-September monsoon season, compared with a forecast of 97 percent, marking the fifth straight year in which the weather office has overestimated the likely rainfall.

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Govt sets up panel to review Competition Act

The committee would submit its report within three months from the date of its first meeting.

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Reward for tip offs on GST evasion on anvil

The Directorate General of GST Intelligence (DGGSTI) has already made several arrests for evasion of the indirect tax and an informant reward scheme is expected to help the directorate to keep an eye on such activities.

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Fraud cases under IBC cross Rs 40,000 crore

Bulk of these recoveries came from two accounts – Bhushan Steel (Rs35,771 crore) and Electrosteel (Rs5,320 crore).

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Centre, states apportion Rs 29,000 cr IGST in September

The collections stood at Rs 94,016 crore in May, Rs 95,610 crore in June, Rs 96,483 crore in July and Rs 93,960 crore in August.

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Plantation sector in deep crisis: Upasi

The production of natural rubber in India has shown progressive decline primarily due to un-remunerative prices. Low prices have been driving farmers to stop tapping or abandon rubber cultivation.

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Govt mulls stricter disclosure norms for independent directors

The ministry is also working to ensure that individuals have certain basic qualification to be eligible for independent directorship.

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Government waives import duty on 35 capital goods to boost mobile phone manufacturing

The finance ministry exempted items such as printed circuit board (commonly known as motherboard) coating machine, PCB assembly loader, unloader from the customs duty.

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We are for open trade, not protection. Competition is the best: Adi Godrej

"We have always been for the opening up of the economy. Even before 1991, we had advocated openness. Even now we advocate open trade," says Adi Godrej.

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Technew

A security breach with the Tory Party conference app reveals contact details for MPs and journalists.

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Conservative Party conference app reveals MP's numbers

A security breach with the Tory Party conference app reveals contact details for MPs and journalists.

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58 million Indians living without pension: Survey

Fifty eight million people in India are living without pension or any other form of assistance, civil society organisation Pension Parishad has said.

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Want to make Uzbekistan part of the Silicon route on lines of Silk Route: Suresh Prabhu

India and Uzbekistan could cooperate to foster the development of new and advanced technologies and with that create the new Silicon route, he said.

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Experts hope 50% recovery under bankruptcy code

Sumedha Management’s insolvency professional Bijay Murmuria said: “Average realisation to financial creditors has been hovering between 45-50 % now.

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How Indian credit raters missed an epic fail at a financier

IL&FS Group is a vast conglomerate with a complex corporate structure that funds infrastructure projects across the world’s fastest-growing major economy.

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Exploring alternative oil supplies to ensure 'our friend India's economy' not adversely affected: US

While the first phase of sanctions is already in place, the sanctions would come into full force on November 4 and the US expects all countries, including India, to bring down their import of Iranian oil to zero by then.

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E-commerce cos will have to register in every state for collecting TCS

E-commerce companies will from October 1 have to deduct 1 per cent tax collected at source (TCS) before making payments to their suppliers.

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Area under kharif planting drops by 1.90% over previous year

Oilseeds and sugarcane saw the increase while rice, pulses, coarse cereals and cotton saw the decline. Meanwhile, data from the weather department shows monsoon rainfall has been 9% below normal so far this year.

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How farmer producer company model can transform Indian agriculture

In India, there's a need to reassess necessity of FPC as its the only model to deal with problem of small farmers.

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Technew

Attackers exploited vulnerability in a feature known as "View As", the social media giant says.

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Facebook security breach: Up to 50m accounts attacked

Attackers exploited vulnerability in a feature known as "View As", the social media giant says.

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Singapore, Mauritius fight for relevance after DTAA amendments in 2016

Foreign portfolio investors (FPIs) and private equity (PE) funds that once used the two jurisdictions to pool money might as well invest directly in India.

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GST Council focuses on missing collection target every month

Finance minister Arun Jaitley said states faced an average 16% shortfall in GST collections in the year ended March 2018, after it was implemented in July 2017.

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GST Council discusses revenue shortfall, sets up GoM on 'calamity tax'

The GoM, which has Assam FinMin Himanta Biswa Sarma and Kerala FinMin Thomas Isaac as members, would submit its report by October 31.

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Government extends deadline for comment on data privacy framework to October 10

The draft Personal Data Protection Bill was uploaded on the Ministry of Electronics and IT's website on August 16 for feedback from the public.

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China should do more investment in India than focussing on exports here: Amitabh Kant

He said there is a lot in common between the Chinese and the Indian startup firms and India has a lot to learn from China.

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Want to make Uzbekistan part of the Silicon Route instead of the Silk Route: Suresh Prabhu

Both countries agreed on more than 50 investment projects, worth a total of $3 billion USD, which will be implemented in Uzbekistan by Indian businesses.

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Facebook slated over phone ad push

The social network has been criticised for targeting ads using data people shared as a security check.

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Technew

The social network has been criticised for targeting ads using data people shared as a security check.

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Government hikes duty incentives for exports of 28 milk products

The duty benefits were enhanced under the Merchandise Export from India Scheme (MEIS).

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Government extends import restrictions on peas till Dec 31

The target for pulses production is 24 million tonnes for 2018-19, marginally up from 23.95 million tonnes in 2017-18.

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India's external debt declines 2.8 per cent $514.4 billion at end-June: RBI

At end-June 2018, the external debt was placed at USD 514.4 billion, recording a decrease of USD 14.9 billion over its level at end-March 2018.

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Government more than happy to develop trade with South Asia: Suresh Prabhu

Prabhu's remarks came while addressing a conference after the release of a World Bank report which said India has the potential to more than triple its trade with South Asia.

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Google to be sued by Belgium for not blurring military sites

The search giant is facing legal action over its mapping of sensitive locations.

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Technew

The search giant is facing legal action over its mapping of sensitive locations.

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Aadhaar to finally roll out in Assam next month

Hailakandi district has announced that it will start the exercise from October 6. Altogether 30 Aadhaar centres will be in operation in the district.

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Prasad asks UIDAI to prepare action plan on Aadhaar use after SC order

The apex court while holding Aadhaar scheme as constitutionally valid struck down section 57 of the Aadhaar Act, permitting private entities to avail Aadhaar data.

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Tesla: Shares fall after regulators launch Musk lawsuit

Investors take fright after the US financial regulator accuses Elon Musk of securities fraud.

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Technew

Investors take fright after the US financial regulator accuses Elon Musk of securities fraud.

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Agriculture Export Policy likely to be cleared in next few days: Suresh Prabhu

Stable trade policy regime, reforms in the APMC Act, streamlining of Mandi fee and liberalisation of land leasing norms are some of the key recommendations of the draft agriculture export policy.

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Trade unions to observe strike on January 8, 9 to protest against NDA govt's policies

The CTUs are concerned over the scraping of 44 central labour laws and replacing them with what they call the “four employer-friendly labour codes”.

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US mid-terms: Hackers expose 'staggering' voter machine flaws

Security experts have reported a series of issues with widely-used voting equipment.

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Technew

Security experts have reported a series of issues with widely-used voting equipment.

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State GST collection showing improvement over last year: Arun Jaitley

Jaitley said the emerging trend in every state showed that the GST collection was better this year compared to the last year.

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San Diego port hit by ransomware attack

Admin systems and internal networks were knocked out by the intruding malware.

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Technew

Admin systems and internal networks were knocked out by the intruding malware.

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GST Council sets up GoM on imposing cess in case of disasters

Jaitley said the GoM would also consider if the SDRF and NDRF mechanism were sufficient to address the issue or if more was needed to be done.

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TSB and HSBC banking apps hit by computer glitches

Customers of TSB and HSBC face problems accessing accounts due to more computer problems.

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Technew

Customers of TSB and HSBC face problems accessing accounts due to more computer problems.

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Govt forms high-level panel to look into global trade challenges

The formation of the panel was approved by commerce and industry minister Suresh Prabhu.

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BBC Music website offers dementia lifeline

BBC Music Memories aims to help with the provision of music therapy to patients with Alzheimer's.

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Disabled train users to get new 'life-changing' app

A Paralympian says the app will "empower disabled people to travel without any fear".

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Technew

BBC Music Memories aims to help with the provision of music therapy to patients with Alzheimer's.

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Technew

A Paralympian says the app will "empower disabled people to travel without any fear".

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WTO cuts global trade outlook to 3.7% in 2019 as trade tensions escalate

The new forecast for 2018 is below the WTO's April 12 estimate of 4.4% but falls within the 3.1-5.5% growth range indicated at that time.

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Trade war will help India emerge as bigger trading, manufacturing base: Arun Jaitley

Speaking at the annual session of PHD Chamber of Commerce, Jaitley said some global trends do “adversely affect” India, but going ahead they will open up avenues for the country to grow faster.

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GST Council's 30th meeting today, may consider cess on select items to help flood-hit Kerala

The Council, which is the apex decision making body on issues related to the GST, is expected to consider imposition of cess on select items to help flood-ravaged Kerala recoup losses.

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Animal spirits subdued as India cash crunch, trade wars hit home

India is beginning to feel the heat of global trade tensions and tighter monetary conditions at home, as rising oil prices and waning consumption threaten to muzzle animal spirits .

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Aadhaar pay faces uncertain future

AePS allows consumers without smartphones or debit cards to withdraw or transfer funds and check account balances using biometric authentication through microATMs.

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Ecommerce companies may not need office in each state

They said it would create compliance issues for them because they would need presence in every state. The vendors will face working capital issues.

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State authorities told to check if companies passing on GST cut benefits

The Centre has directed state metrology controllers to assist GST officers to cross-verify revised sales price (MRP) of pre -packaged commodities and consumer authorities will undertake a drive to check labelling.

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Technew

The SEC files a suit in New York alleging securities fraud by Tesla chief executive Elon Musk.

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US regulator alleges Elon Musk Tesla fraud

The SEC files a suit in New York alleging securities fraud by Tesla chief executive Elon Musk.

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Aadhaar ruling may hurt state, private services too

Passport issuance, EPF, DigiLocker, among other state services are expected to be severely hit by the verdict.

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Financial services finds feet in Essel group

Essel group recently bought 62% in public-listed LKP Finance, which will be completed after the mandatory open offer for the company’s shares at Rs 198 apiece scheduled to end on October 4.

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Fortnite pets not money-making exercise, expert believes

The latest update are more likely to be an attempt to broaden the game's player base, expert believes.

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Technew

The latest update are more likely to be an attempt to broaden the game's player base, expert believes.

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Commerce ministry forms high-level advisory group on new foreign trade policy

The advisory group would look at areas including exchange rate management, impact of trade wars and strategy to manage consequences of unprecedented de-stabilising conflict oriented trade dynamics.

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