Business
GST Dictionary for Starters: From A for 'Anti-profiteering' to Z for 'Zero Rating'
With goods and services tax regime come a plethora of jargons which may confuse those who don’t have finance or legal background.
Most Businesses Have No Idea What GST Brings, Say Reports
India is set to enter the Goods and Services Tax (GST) era at midnight but those who run small and medium enterprises have no idea what the sweeping tax reform brings, a report by Bank of America Merrill Lynch (BofA-ML) has said, adding that stores have b...
IndiGo Looking to Spread Its Wings Overseas With Air India Stake
In his letter to his staff, Ghosh said that the airline has already built an impressive domestic network and it is now time to expand globally.
Govt to Divest 5 Percent in RCF on June 29-30; to Raise Rs 200 Crore
The government will sell over 2.75 crore equity shares in Rashtriya Chemicals and Fertilisers (RCF) on June 29-30 for about Rs 200 crore as part of its plan to divest shares in PSUs.
India's Tea Exports May go up, Prices to Improve, Says ICRA
With the likelihood of a lower tea production in the global markets, the prospects of India's tea exports appear favourable, along with the positive impact on domestic prices this year, ICRA said on Tuesday.
Job Market Eyes GST Booster For Over 1 Lakh Immediate Openings
The job market is looking forward to a big boost from the new GST regime and expects over one lakh immediate new employment opportunities, including in specialised areas like taxation, accounting and data analysis.
Resolve 55 High Value Bad Loans in 6 Months or Face IBC: RBI to Banks
RBI has asked banks to resolve 55 high value cases of bad loans within 6 months or face the prospect of being directed to go in for the new insolvency resolution mechanism as part of the strategy to rein in unacceptable level of non-performing assets (NPA...
Banks Yet to Refer 12 Bad Loan Cases to National Company Law Tribunal: IBBI
Insolvency and Bankruptcy Board of India (IBBI) Chairman M.S. Sahoo on Monday said that there is a process which banks need to follow post which the 12 non-performing assets (NPAs) cases would come before the IBBI for resolution.
Petrol, Diesel Prices Change Daily from Today: How You Can Track the Rates
Starting Friday, petrol and diesel prices will be revised daily in sync with any movement in international oil rates.
Petrol Price Slashed by Rs 1.12 per litre, Diesel by Rs 1.34 per litre
From Friday, petrol and diesel rates will be revised in sync with any movement in international oil rates. Rates will change at 6 am everyday depending on movement in cost on the previous day.
US Central Bank Just Raised Interest Rates. Here’s How It Affects You
The US Federal Reserve raised short-term interest rates on Wednesday night and unveiled a roadmap to reduce its mammoth bond portfolio of $4.5 trillion.
Sensex up 80 Points, Eyes Fed Policy Outcome
Markets saw a positive start on Wednesday as the benchmark Sensex rose 80 points, coming on the back of an overnight record close on the Wall Street.
Trump's Policies Could Have Adverse Impact on Business: Wipro
IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.
India Signs OECD Pact to Check Tax Evasion by MNCs
India on Wednesday signed the OECD multilateral convention that aims to check cross-border tax evasion by multinational companies.
Look at Existing Levy Before Seeking GST Rate Cut: Arun Jaitley
Jaitley said: "Using media propaganda for making the rates vary will not make any significant impact on the decision of the Council."
Strategic Partnership to Help Attract FDI in Defence: Arun Jaitley
Whether the strategic partner comes through FDI route or the investor comes with just a technology tie up, they would be free to do so, he added.
