Economy-News-The Economic Times 3 April 2018

New post-Brexit India-UK trade deal could take nearly 7 years: Report

Britain will be in a position to negotiate new trade deals with countries like India only after its official exit from the EU on March 29 next year.

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IBC panel suggests treating home buyers as financial creditors

The 14-member panel led by the Insolvency & Bankruptcy Board of India chief has suggested a slew of changes to the law which came into effect in 2016.

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Government launches digital platforms for ease of farm export

Potential for agricultural and food export will get a great boost due to these digital initiatives, commerce and industry minister Suresh Prabhu said while launching the portals on Tuesday.

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CAG flags lower administrative charges collection by EPFO

The under-realisation was detected after test checking of records at the eight EPFO regional offices during January 2015 to March 2017 period.

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PM Narendra Modi to inaugurate Eastern Peripheral E-way this month: Nitin Gadkari

The Prime Minister will dedicate to the nation the 135-km six-lane access-controlled expressway, built at a cost of nearly Rs 11,000 crore to decongest the national capital along with the first phase of Delhi-Meerut Expressway.

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India can do a Silicon Valley in 5 years, innovation ecosystem needs a boost: World Bank

"I think we can do a Silicon Valley in India in the next five years..as the world is changing, we can leapfrog," World Bank's Junaid Kamal Ahmad said.

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Finish issuing all DeMO notices by May: CBDT to I-T dept

Officials said the policy-making body of the department wants to fasten the process of raising tax demands on those who either concealed or generated black money in the wake of the notes ban of November 8, 2016.

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IBC panel recommends changes to revamp insolvency resolution process

The panel has recommended changes to the insolvency resolution framework to make it flexible for Resolution Professionals to raise interim finance.

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DGS, DGAD merger on cards for streamlining trade remedies

Under the Goods and Services Tax (GST) regime, DGS has also been entrusted to investigate complaints of profiteering.

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Export subsidy case in WTO: India, US to hold consultations on Apr 11

India and the US will hold bilateral consultations on April 11 in Geneva to deliberate upon the case filed by the Trump administration in the WTO.

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Swiss firm Syngenta sells part of seed business to Crystal Crop

The national capital-based Crystal Crop Protection today announced the acquisition of certain seed and fodder business from Syngenta India.

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CBDT signs 14 unilateral, 2 bilateral APAs in March

With the signing of these agreements, the total number of APAs entered into by CBDT has gone up to 219. This includes 199 unilateral APAs and 20 bilateral APAs.

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Profit margins of tea producers to improve: ICRA

Firm price trends in North Indian teas from August, 2017 to January, 2018 have supported the margins and debt coverage indicators of most large bulk tea producers based out of the region in FY2018.

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RBI expected to hold key interest rate

Industry chamber Ficci has pitched for a benign stance in the forthcoming monetary policy Aannouncement on Thursday.

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Tobacco farmers lobby seeks Centre's intervention to stop cigarette smuggling

Organisation said tobacco farmers in India are under extreme duress due to heavy taxation and adverse regulatory environment on the legal cigarette industry.

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