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High Impact Economic News

India’s growth ‘very solid’: IMF Chief Economist
India’s growth has been “very solid” over the past four years, IMF’s Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.

38 pc British firms made new investments in India in 2017: Report
Close to two fifths (38 per cent) of British companies made new investments in India in 2017 and created 51,188 new private sector jobs from 2016 to 2018 -- a 14 per cent rise ...

Pre-Brexit effect? Indian investment in UK up 321%
New official figures show investments from India was up 321% in the last year.The figures from the Office for National Statistics show stocks from across Asia have increased by more than 33% in 2017 to £128 billion and stocks from Japan increased by 71% to £78 billion.

India jumps 23 places to rank 77 in World Bank’s Ease of Doing Business, tops South Asia for the first time
India has climbed 23 spots on the World Bank’s Ease of Doing Business (EODB) Index in the last two years, and now ranks #77 among 190 global economies. And for the first time ever, ...

India claims top ten in list of world's fastest-growing cities
When it comes to the top 10 cities for economic growth, India is set to dominate over the next two decades, according to Oxford Economics. In particular, 17 of the 20 fastest-growing cities in the world between 2019...

Make in India will help medical device sector: Venkaiah Naidu
India is making rapid strides in medical tourism with the people from other countries coming to our country for a range of treatments -- from liver transplant to knee replacement..

Deadline for filing annual GST return extended to March 31
In a move that would cheer business firms and traders, the Finance Ministry has extended the due date for filing annual return by three more months...

Corporate tax collection up 18 per cent in April-November, fastest in five years
Corporate tax collection grew an impressive 18.3% in April-November of FY19, the fastest pace in at least the last five years.

calender DECEMBER 11, 2018