Business Today

Idea-Vodafone merger hits a snag as DoT looks to demand Rs 4,700 crore

The demand will be raised from Vodafone India before its merger with Idea Cellular. This is more than likely to keep the mega-merger of the two telecom operators from being completed by the intended deadline of June 30.

After IndiGo and SpiceJet, GoAir raises check-in baggage charges beyond 15 kg

IndiGo and SpiceJet raised the extra baggage charges from Friday onwards. After this, state-run Air India is the only airline now on the domestic sector which allows passengers to carry up to 25 kg baggage free.

As trade war looms, China cuts some banks' reserve requirements to boost lending

The reserve reduction, the third by the central bank this year, had been widely anticipated by investors amid concerns over market liquidity and a potential economic drag from a trade dispute with the United States.

Heads of 11 PSBs to appear before parliamentary panel on Tuesday

Top officials of IDBI Bank, UCO Bank, Central Bank of India, Bank of India, Indian Overseas Bank, Dena Bank, Oriental Bank of Commerce, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank, will make presentations before the panel and respond to queries on June 26.

GSTN working on data analysis tools to help taxmen check tax evasion

GSTN CEO Prakash Kumar said the company will focus next on providing data analytics and improving user interface on the GSTN portal, besides developing backend system for assessment, audit, appeal and advance ruling for 27 states.

Mon Jun 25 09:08:03 IST 2018

From The Magazine

Rain Cheer

The country is expected to have a normal monsoon for the third consecutive year. This is good news for the economy and the farming sector