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PTI
September 9, 2018
The Centre paid Rs 14,930 crore to compensate states for revenue loss incurred in June and July, a nearly four-fold jump compared to Rs 3,899 crore paid for the months of April and May.


PTI
September 9, 2018
SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.


BusinessToday.In
September 7, 2018
The guidelines set by the Department mandate that companies worth Rs 2,000 crore, and cash and bank balance more than Rs 1,000 crore have to mandatorily buy back shares.


Dipak Mondal
New Delhi, September 6, 2018
The government may be readying a set of rules to shut down and further check the formation of shell companies.


BusinessToday.In
New Delhi, September 6, 2018
After several objections were raised by the FPIs, the regular has now formed a working group, which will be headed by former RBI Governor HR Khan. The group will look into issues like KYCrequirement and disclosures regarding beneficial ownership.


Reuters
Panipat, September 6, 2018
A survey found that a fifth of 63 million small businesses faced a 20 per cent fall in profits since the GST rollout, and had to sack hundreds of thousands of workers.


PTI
New Delhi, September 5, 2018
GSTR-2A is a purchase return auto-generated by the system based on the transaction between a business and its supplier.


Manu Kaushik
New Delhi, September 5, 2018
It was among the wisest decisions taken, when the Finance Ministry junked Air India's demand for a Rs 30,000-crore fund infusion, reportedly because the airline didn't present a turnaround plan.


BusinessToday.In
September 5, 2018
The Indian rupee continued to lose its value on Wednesday, falling to a record low of 71.79 against the US dollar.


BusinessToday.In
September 4, 2018
Rupee's near-continuous slide against the dollar has been unrelenting.


BusinessToday.In
September 3, 2018
Even as government pats itself on the back for 71 per cent surge in the number of income tax returns (ITRs) filed upto August 31 this year, the direct tax collection data released by CAG paints an uninspiring picture.


Dipak Mondal
New Delhi, September 3, 2018
Neeru Chadha is the first Indian woman to be elected judge on the International Tribunal for the Law of the Sea.


PTI
September 2, 2018
A designated PMLA authority has held that 41 properties worth about Rs 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweller Mehul Choksi and his associated firms, are money laundering assets and ordered that their attachment should continue.


PTI
September 1, 2018
The total number of GSTR-3B filed for the month of July up to August 31, 2018, is 67 lakh. This is slightly higher than 66 lakh returns of the month of June filed up to July 31, 2018.


Prosenjit Datta
August 31, 2018
The problem is that two big objectives that the Prime Minister had touted in his late evening speech - about catching black money and weeding out fake notes - have been less than successful to say the least.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


Manu Kaushik
New Delhi, August 30, 2018
Air India's turnaround was so futile that even after pumping in Rs 28,000 crore into the airline, it could barely generate operating profits (not even net profits) of Rs 403.03 crore in two financial years  (2015-16 and  2016-17).


BusinessToday.In
New Delhi, August 29, 2018
The EEC's report mentioned that there were no achievements to take into account while assessing the performance of institutions in the greenfield category.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


PTI
New Delhi, August 27, 2018
If we have growth which is engineered on the strength of a 31 or 28 per cent credit offtake in a given year, then history will certainly record it as some indiscriminate lending, which is bound to show its impact on the future, says Jaitley.


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