India Finance and Business news

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GST tax returns filed increase as compliance rises, tax mop-up jumps
Financial Express The overall GST registrations too have crossed 11crore from a level of 60 lakh in late August. Of course, a very large number of GSTR-3B filers (around 40%) continue to claim nil tax liability, a trend which vexes the government. By: Sumit Jha | New ... ---

Amazon tells Australian retailers to prepare for orders from Thursday
Amazon tells Australian retailers to prepare for orders from Thursday Amazon.com Inc has told its Australian sellers to be ready to take orders on November 23, according to a retailer, the first time the global retail juggernaut has given a start date for sales in a country.

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Why Modi must not pin his hopes on sectors whose time has gone
Why Modi must not pin his hopes on sectors whose time has goneThe big picture is that India has lost competitiveness thanks to new policies that no party is keen to reverse. This explains much of what has gone wrong.

SE Asia Stocks-Rise tracking Wall St; S'pore hits 2-1/2-year high
SE Asia Stocks-Rise tracking Wall St; S'pore hits 2-1/2-year high. Read full details

L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.