Top Economy news of the day

With the government taking steps to improve ease of doing business and attracting investments, FDI inflows into the services sector grew by 20% to US$1.84bn in the April-November period this fiscal.

The direct tax collection during the first nine months of the current financial year increased by 12.93% to Rs5.46tn over the corresponding period a year ago.

With the government taking steps to improve ease of doing business and attracting investments, FDI inflows into the services sector grew by 20% to US$1.84bn in the April-November period this fiscal.

The government is reviewing its vehicular emission norms road map and may consider skipping a stage to move to the Bharat Stage-VI standards since the domestic oil companies can easily adopt and supply the quality of fuel required.

Winners of coal blocks in the e-auction process will be allowed to change ownership and even sell the end-use plant, according to the provisions of the draft Coal Mine Development and Production Agreement.