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BT Online
New Delhi, November 20, 2017
In her letter to all the major FMCG companies, Sarna pointed out the need to immediately revise the maximum retail price on all the products for which the tax reductions have been announced by the GST Council
PTI
New Delhi, November 19, 2017
Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focussed on monetising assets within, Railway Minister Piyush Goyal said.
PTI
New Delhi, November 18, 2017
The US-based agency upped India's rating to Baa2 from Baa3 and changed its rating outlook to 'stable' from 'positive', saying the reforms will help stabilise rising levels of debt.
Anand Adhikari
November 17, 2017
The rating upgrade of India's sovereign rating by Moody's has flared up financial markets. But it's not time yet to cheer. Here's why.
Reuters
November 17, 2017
Moody's Investors Service upgraded its ratings on India's sovereign bonds for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reform will boost the country's growth potential.
BT Online
New Delhi, November 17, 2017
Moody's has upgraded India's ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive after a gap of 13 years. India's sovereign credit rating was last upgraded in January 2004 to Baa3 (from Ba1).
BT Online
New Delhi, November 17, 2017
While Finance Ministry has urged states and traders to conform to this norm, National Anti-profiteering Authority (NAA) will be able to ensure this on a more proactive manner.
BT Online
November 15, 2017
The GST Council, in its 23rd meeting in Guwahati, had slashed the tax rate from 18 per cent to just 5 per cent. However, restaurants will not be able to take the benefit of input tax credit.
BT Online
November 14, 2017
Finance Minister Arun Jaitley on Monday ruled out single tax rate of Goods and Service Tax (GST) saying those seeking single rate have no understanding of tariff structure.
BT Online
November 14, 2017
Tata Global Beverages September-quarter group consolidated net profit at Rs 144 crore versus profit of Rs 127 crore last year. Eicher Motors Q2 consolidated net profit at Rs 518 crore versus profit of Rs 413 crore last year. Shares slip 1.67 percent to 30,050 level.
PTI
New Delhi, November 13, 2017
Jaitely said there was a scope for further rationalisation of rate but the course would be decided by revenues that accrue from the Goods and Services Tax (GST) that was implemented from July.
BT Online
November 13, 2017
The GST rate cut move has come as a relief for many consumers and companies hit hard by the allocation of specific goods to the 28 per cent tax bracket.
Sumant Banerji
New Delhi, Edition:December 3, 2017

India's automakers will have to make a lot of effort to survive the coming electric vehicle revolution.

PTI
New Delhi, November 13, 2017
Finance Minister Arun Jaitley said the government has decided to inject more capital in state-owned banks to strengthen the banking system and spur economic growth.
PTI
New Delhi, November 12, 2017
The nation's largest energy driller ONGC hopes to complete the acquisition of the state-run oil marketer Hindustan Petroleum Corporation by March, chairman and managing director Shashi Shanker said.
Mail Today Bureau
November 11, 2017
Finance Minister Arun Jaitley on Friday announced a 10 per cent cut in tax on over 200 goods ranging from chocolates to cosmetics to artificial fur coats and wrist watches, a move that is expected to spur consumer demand and rev up industrial production in a slowing economy.
Reuters
November 11, 2017
Bankers and policymakers fear India could be throwing good money after bad with the capital injection announced last month, unless it tightens lending rules and institutes governance reforms to insulate banks from political pressure.
Mail Today Bureau
November 11, 2017
Arun Jaitley said the restaurants did not pass on the input tax credit benefit to customers and continued to charge the 12 or 18 per cent GST. Therefore, the ITC facility is being withdrawn and a uniform 5 per cent tax is levied on all restaurants without the distinction of AC or non-AC.
BT Online
New Delhi, November 10, 2017
A uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC, Finance Minister Arun Jaitley said after the GST Council meeting here.
BT Online
New Delhi, November 10, 2017
The GST Council met for the 23rd time, where it approved the highest number of tax cuts ever since Goods and Services Tax (GST) was rolled out on July 1 earlier this year.
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