Articles by Suchetana Ray
Cabinet hikes carpet area for affordable housing, higher demand seen
The carpet area of an MIG-I will increase from 90 square metres to up to 120 square metres and in MIG-II category it will increase from 110 square metre to up to 150 square metres.

Updated on Nov 16, 2017 10:35 PM IST
Hindustan Times, New Delhi |
Moushumi Das Gupta and P Suchetana Ray
Bankruptcy Code not to be amended for homebuyers: Govt sources
In an order, the National Company Law Tribunal ruled that homebuyers are stakeholders of a realty firm. It directed that the resolution plan has to protect all stakeholders, including homebuyers.

Updated on Nov 16, 2017 10:47 AM IST
Hindustan Times, New Delhi |
P Suchetana Ray
New GST rates effective from November 15, but goods in stores may not cost less
Most companies have communicated the price changes to wholesalers, stockists and retail partners, requesting them to sell at the new prices, but it will be difficult for them to control the entire retail market.

Updated on Nov 15, 2017 11:20 PM IST
Hindustan Times, New Delhi | , New Delhi
P Suchetana Ray and Sounak MitraJaitley signals further GST rate cuts, hits out against politicising tax reform
Union minister Arun Jaitley dismissed political charges that the tax rate rationalisation announced by the GST Council last Friday was designed to influence assembly polls in Gujarat.

Updated on Nov 13, 2017 11:56 PM IST
Livemint, New Delhi |
Gireesh Chandra Prasad and P Suchetana Ray
Centre pulled up by Parliament audit watchdog over low use of telecom project fund
The Centre has so far disbursed only 40% of the fund collected since 2002-03 under the Universal Access Levy.

Updated on Nov 12, 2017 11:12 PM IST
Hindustan Times, New Delhi |
Saubhadra Chatterji and P Suchetana Ray
Post DeMo, ED probing 3700 cases involving illegal assets worth Rs 9900 crore
Heightened crackdown through 620 search operations across the country has led to the discovery of illegal assets worth more than Rs 9,900 crore.

Updated on Nov 10, 2017 12:00 AM IST
Hindustan Times, New Delhi |
P Suchetana Ray
Govt to incentivise online payments to push digital transactions
The incentives could include cashbacks and reward points for BHIM users; the ministry’s note also talked about increasing the adoption of the BBPS and printing of a Bharat Quick Response (QR) code to facilitate easier government bill payments.

Updated on Nov 09, 2017 09:59 AM IST
Hindustan Times, New Delhi |
Saubhadra Chatterji & P Suchetana Ray
Demonetisation: A year on, hawala operators limp back to business
As demonetisation completes one year, there is no physical movement of cash, only phone calls or messages from one angadiya (Hindi for a courier) to another.

Updated on Nov 08, 2017 08:55 AM IST
New Delhi, Hindustan Times |
P Suchetana Ray and Sarika Malhotra
Pre-budget discussions begin, power and telecom laggards in spending
While other ministries on an average spent 54% of the money allocated to them in this year’s budget during the April-September period, power and telecom departments spending stood at 40%.

Updated on Nov 07, 2017 08:47 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray
Paradise Papers: Probe into use of tax havens to be headed by CBDT chief
More than 700 Indians, including politicians, industrialists and celebrities, figure in the Paradise Papers that focus on their alleged offshore investments in tax havens

Updated on Nov 06, 2017 08:56 PM IST
Hindustan Times, New Delhi | Suchetana Ray
Paradise Papers: Tax officials say waiting for govt word before any probe
Sources in the income tax department said they would initiate an inquiry into the original documents once the government gave the go-ahead.

Updated on Nov 06, 2017 05:28 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray
Ease of doing business: How India improved its ranking
For the first time, India jumped a record 30 places to 100 in the Ease of Doing Business report for 2018, which is an influential 190-country barometer of competitiveness that many businesses likely consider for investment decisions.

Updated on Nov 01, 2017 09:12 AM IST
Hindustan Times, New Delhi |
P Suchetana Ray and Moushumi Das Gupta
India jumps into top 100 in World Bank’s ease of doing business rankings
The World Bank’s ease of doing business rankings showed that eight reforms were key in helping businesses in 2016/17.

Updated on Oct 31, 2017 11:43 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray and Asit Ranjan Mishra
RBI objects to new bankruptcy bill for banks, insurers
The Reserve Bank of India says some of its provisions could undermine the authority of other regulatory bodies.Bank

Updated on Oct 31, 2017 09:32 AM IST
Hindustan Times, New Delhi |
Saubhadra Chatterji and P Suchetana Ray
CBI, ED widen investigation against Karti, will probe more decisions by Chidambaram
The CBI and ED will also question officials who were part of the then Foreign Investment Promotion Board, which recommended those proposals.

Updated on Oct 28, 2017 07:39 AM IST
Hindustan Times, New Delhi |
P Suchetana Ray
Govt sets up expert group for suggestions on artificial intelligence policy
The government has recently drawn up a seven-point strategy for India’s tactical plan to use artificial intelligence.

Updated on Oct 20, 2017 03:48 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray and Sarika Malhotra
Can’t revisit decision to change tax transfer date, Centre tells states
The Union finance ministry has informed states that the devolution of central taxes will happen on the 15th of every month instead of the 1st, for the remaining months of this financial year, and from 2018-19, it will be transferred once every three months.

Updated on Oct 18, 2017 12:12 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray
SC to hear pleas against linking Aadhaar with mobile number, bank account: All you need to know
Aadhaar has been facing a slew of legal challenges on the grounds that it breaches privacy. In August, the Supreme Court made privacy a fundamental right.

Updated on Oct 17, 2017 06:30 PM IST
Hindustan Times, New Delhi | Suchetana Ray
States upset as Centre set to defer revenue payments from monthly to quarterly
The Centre will send the states’ share of revenue on the 15th of every month till March 2018 and transfer money every quarter, thereafter.

Updated on Oct 14, 2017 11:26 PM IST
Hindustan Times, New Delhi |
P Suchetana Ray
Don’t deviate from fiscal consolidation exercise: PM’s Economic Advisory Council
The EAC’s stance contradicts NITI Aayog vice chairman who said last Wednesday that the economy will do well with a fiscal stimulus and there will be no harm if the deficit target is missed.

Updated on Oct 12, 2017 12:17 AM IST
New Delhi, Hindustan Times |
Jatin Gandhi and P Suchetana Ray
PM Modi’s economic advisors to meet for the first time today
The PM’s Economic Advisory Council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly, the statement said.

Updated on Oct 11, 2017 12:41 PM IST
Hindustan Times, New Delhi | Suchetana Ray
HT Youth Survey: India’s young like quality, but don’t like to show off
In Part 1 of HT Youth Survey 2017, what India’s young, style conscious men and women want to buy.

Updated on Oct 09, 2017 01:29 PM IST
Hindustan Times | Suchetana Ray
Diesel locomotive project with General Electric on track, says Piyush Goyal
Minister Piyush Goyal said the government’s focus is on electrification of the Indian railway network but clarified that it won’t jeopardise the contract with General Electric to supply and maintain diesel locomotives for Bihar’s Marhoura project.

Updated on Sep 28, 2017 05:00 PM IST
Hindustan Times, New Delhi |
Srinand Jha and P Suchetana Ray
Shopclues’ Sandeep Aggarwal files FIR against co-founders in fight to control company
Aggarwal has alleged that his wife Radhika and Sanjay Sethi cheated him and took signatures on wrong papers and committed forgery in order to usurp the company.

Updated on Sep 26, 2017 10:54 PM IST
Hindustan Times, New Delhi | , New Delhi
Rajesh Ahuja and Suchetana RayAircel-Maxis case: ED attaches Karti Chidambaram’s assets worth Rs 1.16 crore
The former finance minister P Chidambaram’s son is facing heat from the CBI as the agency had issued a lookout notice against him.

Updated on Sep 25, 2017 07:09 PM IST
Hindustan Times, New Delhi | Suchetana Ray, New Delhi
Govt readies booster dose to revive stuttering economy, may target MSME sector
India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy.

Updated on Sep 24, 2017 09:10 AM IST
Hindustan Times, New Delhi | Suchetana Ray
Why Indians will continue to pay high oil prices despite lower global rates
Consumers pay more than 100% tax – central and state levies combined – on petrol and diesel.

Updated on Sep 22, 2017 06:16 PM IST
Hindustan Times, New Delhi | Suchetana Ray
States against govt plan to levy GST on petro products

Updated on Sep 20, 2017 07:53 AM IST
Hindustan Times, New Delhi/Mumbai | , New Delhi/mumbai
Suchetana Ray and Ketaki GhogeBenami Act impact: Taxman attaches 381 properties worth Rs 1300 cr in 9 months
The Benami Transactions (Prohibition) Act was notified for implementation on November 1, 2016.

Published on Sep 16, 2017 11:23 PM IST
Hindustan Times, New Delhi | Suchetana Ray
Govt blames Atlantic hurricanes for fuel price hike; cost break-up gives different picture
The petrol price per litre was ranging from Rs 70 to 79 in various Indian cities, while the diesel price was around Rs 61-62 a litre.

Updated on Sep 15, 2017 10:48 PM IST
New Delhi, Hindustan Times | Suchetana Ray