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29 May, 2017 8:37 AM IIL posts 49% growth in net profit in 2016-17

Insecticides India Ltd (IIL) today posted a 48.7 per cent jump in its net profit at Rs 58 crore for 2016-17 on robust sales. Net profit last fiscal stood at Rs 39 crore, it said in a statement. Its net income rose 12 per cent to Rs 1,107 crore in 2016-17, from Rs 988 crore in the year-ago period. The earnings per share (EPS) also grew to Rs 28.13 from Rs 20.01 in the said period 21

28 May, 2017 8:01 AM Direct benefit transfer results in Rs 50,000 cr savings: Amit Shah

As many as 32 crore people received funds in form of subsidies directly into bank accounts resulting in savings of nearly Rs 50,000 crore to the exchequer over the last 3 years, he said. The Aadhaar-linked DBT scheme has helped in plugging leakages and eliminating ghost beneficiaries, Shah added. NEW DELHI: The direct benefit transfer programme has resulted 19

26 May, 2017 1:41 PM 3 years of PM Narendra Modi: Here's how NDA government performed on economic front

Modi has been successful in ensuring political stability and providing decisive leadership with bold decisions, which were both acclaimed as well as bitterly criticised over the last three years. On May 26, 2014, Narendra Modi took oath as the Prime Minister of India after the BJP-led NDA secured a mammoth majority - unseen in the last 30 years - in the parliamentary 25

25 May, 2017 5:13 PM CEO poll: India Inc gives big thumbs up to three years of Modi govt

But wants more focus on ease of doing business, bad loans and infrastructure The Narendra Modi government has received a big thumbs up from India Inc leaders as it completes three years in office. The government, they said, had managed the economy well by plugging subsidy leakages, following transparent policies while auctioning natural resources, and clearing 28

24 May, 2017 7:46 PM Corruption-free rule, decisive leadership: Hallmarks of Modi govt's three years, says Venkaiah Naidu

Generate Enquiries for your Business by Listing on Economictimes.com With a transformational and corruption-free government at the helm, accompanied by a sea change in attitudes and behaviour of people, a new, vibrant and aspirational India is on the rise, thanks to several pioneering and game-changing initiatives taken by the NDA regime since it assumed 25

24 May, 2017 6:21 PM Make in India gets sourcing push from govt

Cabinet also approves abolition of FIPB, strategic partnership policy defence The Union Cabinet on Wednesday approved a policy providing preference to domestically manufactured goods for government procurements, in a major step to boost the government’s Make in India initiative. It also approved the abolition of the Foreign Investment Promotion Board 41

23 May, 2017 12:26 PM GST may not raise revenues 'significantly' in next few years: Fitch Ratings

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers NEW DELHI: The Goods and Services Tax (GST) reform, being touted as India's biggest reform that will come into effect from July 1, may not boost revenues "significantly" in the next few years, but can work in the medium term, said global rating agency 17

23 May, 2017 11:30 AM GST: It may not raise revenues significantly, says Fitch Ratings

Hasmukh Adhia said earlier that tax buoyancy under GST is likely to take a hit immediately The Goods and Services Tax (GST) reform, being touted as India's biggest reform that will come into effect from July 1, may not boost revenues "significantly" in the next few years, but can work in the medium term, said global rating agency Fitch Ratings. "We do not expect 19

20 May, 2017 9:49 AM Election Commission demonstrates successful functioning of EVMs, VVPATs

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers The Election Commission of India (ECI) today demonstrated the working of Electronic Voting Machines (EVMs) and Voter Verifiable Paper Audit Trail System (VVPATs), while brushing aside the EVM tampering allegation. Asserting that EVM tampering is a wrong 29

18 May, 2017 1:20 PM 81% items to be taxed below 18% rate under GST: Government

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers NEW DELHI: To finalise the final set of rules for the new tax framework, GST Council today approved 7 GST rules in a meeting held in Srinagar, while legal committee is looking at remaining 2 GST rules ( return, transition rules). Briefing the media after 32