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View: India is looking for money in all the wrong places

If it truly wants to be responsible, the government should do what it’s pledged and live within its means.

Statistics ministry seeks GST data to improve national accounts

Statistics ministry has asked finmin for GST data on collections & summary of units to compile state-level accounts too.

Chicken run: KFC’s journey from struggle to bounce-back, one leg piece at a time

KFC posted profits in the quarter ending June 2018 — the seventh time in a row since 2016. Not so long ago, the king of fried chicken had hit a rough spot. Here’s how it got back its bite.

Need soap? Why not check out a smartphone, too? Or, how the humble kirana is becoming uber cool.

New products, new business models. This isn't your parents’ shop anymore.

Kiranas trounce Walmart-Amazon-DMart 9-1: how the small grocer keeps winning big

Indian households can’t do without the neighbourhood store. And consumer-goods companies pray at its abode. But it is beginning to feel the pinch of supermarkets and online stores.

Attention hipsters, we’ve got news for you: Kingfisher is still mopping the floor with your favourite brew

A pitcher full of internal problems, and competition from cool new beers crafted to woo changing tastes — wasn’t the king of good times supposed to be history? Well, you have another thing coming.

Can Patanjali do an Amul?

The dairy business remains the graveyard of mighty companies who came and lost to India’s well-oiled farming co-operatives.

Indians dislike modern breakfast cereals. A startup wants to change that — with a 4,000-year-old grain.

It's a market that has frustrated giants like Kellogg's. But Bengaluru-based Soulfull, which sells ragi-based products, believes it has found a way to win: Eschew the ‘breakfast cereal’ label altogether.

What Future Group knows about plus-size fashion that others don't

For the third year running, Kishore Biyani’s brainchild ALL is part of the Lakmé Fashion Week, spotlighting couture for the big of build. It’s a rare high for a segment that has remained the fashion industry’s orphan child — despite a burgeoning market. Can demanding customers and increasing entrepreneurial interest change things?

Movie studios believe they have a future in the OTT business. They need a more credible script.

Bollywood-centric bravado has little room in the new world of digital entertainment.

Tightness in credit market unlikely to impact economic growth, says CLSA

​The brokerage said that banks lost market share to NBFCs and direct corporate borrowing over the last two years.

Bad loans: Is this really resolution or just another waiver? Here is Jaitley's answer

Jaitley here puts in perspective and clear doubts about a complex banking and accounting issue.

With a view to curb black money, India signs pact with Liechtenstein for account information swap

India sees Liechtenstein as an important partner in fighting overseas black money and is hoping the agreement will help it to access information related to Indian account holders in Liechtenstein.

Structural reforms helping India in building resilience to global shocks: S C Garg

He also expressed hope that the prudent policy measures being undertaken now will also help contain the stress, currently seen in financial condition tightening, and oil prices etc.

NCLT admits Venugopal Dhoot’s plea to consolidate insolvency cases

National Company Law Tribunal’s (NCLT) principal bench in New Delhi on Thursday admitted Dhoot’s plea and sought a reply from SBI by October 24.

Finance ministry rubbishes charge of stuck GST claims worth Rs 23,000 crore

FIEO had claimed that input tax credit (ITC) refund worth Rs 15,000 crore and at least Rs 8,000 crore of integrated GST refunds are stuck with the government.

How government is stepping up efforts to ease liquidity

Authorities have been asked to open up special liquidity windows for MFs and HFCs through a repurchase facility.

Rs 8,000 crore of IGST refunds, Rs 15,000 crore ITC repayments stuck, says FIEO

GST refund claims of Rs 54,378 crore of exporters have been cleared by the centre and state tax officials till July end.

India's debt lower than best emerging market economies: IMF

India's debt is below the average of advanced economies and below the average of emerging market economies, Vitor Gasper said.

Why an efficient financial system is crucial to consumption ecosystem

For India to truly boost its consumption-driven economy on the back of a growing middle class, a robust financial system is essential.

RBI to inject Rs 12,000 crore into system on Oct 11 to manage liquidity

The govt will purchase bonds with maturity ranging between 2020 to 2030, the RBI said in a statement.

Dividend cut from oil companies unlikely; disinvestment target to be met: Finance ministry

Economic Affairs Secretary was reacting to reports of reduction of dividend from oil marketing companies, subsidies cut, lesser disinvestment revenue etc during this fiscal from the Budget estimates.

India seen escaping Argentina's fate as remittances curb deficit

India received $69-bn in overseas remittances last yr, equivalent to almost 3% of GDP, Capital Economics said.

100% FDI in insurance broking in the works

The industry seems divided on the issue. A senior executive with an insurance broking firm said brokers are akin to financial intermediaries and under the existing FDI policy, full foreign investment is allowed for intermediaries.

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