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Vivek Punj
New Delhi, October 6, 2020
GST compensation row unresolved; Council to meet again on October 12The contentious issue of borrowing for plugging states' compensation gap could not be resolved at the 42nd GST Council meeting. The states have been given a week's time to arrive at a conclusion. The Council will now meet again on October 12 to take a final call on the matter.TCS becomes second Indian firm to cross Rs 10 lakh-crore market capTata Consultancy Services on Monday became the second Indian firm after Reliance I...


BusinessToday.In
October 6, 2020
India Stock Market Highlights Today: All 30 Sensex constituents were trading in the green. Index heavyweight HDFC led the rally on the Sensex chart, followed by Asian Paints, IndusInd Bank, HDFC Bank, Mahindra and Mahindra and State Bank of India.


Dipak Mondal
October 5, 2020
Thomas Isaac said compensation gap can only be discussed when Centre adheres to no bifurcation of revenue shortfall for compensation and no linking of compensation to borrowing limits of states


Hari Hara Mishra
October 5, 2020
In order to ensure timely completion of IBC, out of court settlement needs to be encouraged, and the NCLT, NCLAT infrastructure needs to be strengthened


BusinessToday.In
October 5, 2020
Opposition-ruled states are expected to come up with a third alternative option but NDA-ruled states may ask Centre to fast-track borrowing process to tide over financial losses incurred due to COVID-19


PTI
October 4, 2020
Opposition-ruled states are likely to object to the Centre's borrowing options and demand alternative mechanism for funding GST compensation deficit during GST Council meet on October 5


PTI
October 4, 2020
In the current fiscal, the states are staring at a staggering Rs 2.35 lakh crore Goods and Services Tax (GST) revenue shortfall


Naveen Kumar
October 1, 2020
In terms of returns, children's fund as a category has performed like many other diversified funds. However, all funds are not performing as expected and you need to be selective in picking the right one


Anand Adhikari, Nevin John & Niti Kiran
New Delhi, September 30, 2020
India Inc. must brace up for large-scale ratings downgrade, defaults and assets sale


Rashi Bisaria
New Delhi, September 30, 2020
COVID-19 impact: Large companies maintaining digital transformation budgets, says TCSA significant number of large enterprises have either maintained their digital transformation budget or increased it even as the COVID-19 pandemic as impacted revenue of businesses globally, according to a survey by Tata Consultancy Services (TCS). Prior to the pandemic, the average organisation surveyed had only 9 per cent of its workforce working mostly from home. That percentage has increased seven-fold a...


Chitranjan Kumar
September 29, 2020
The relaxation under WMA limit, a short-term borrowing arrangement provided by the central bank to state governments to meet short-term expenditure needs, has been extended by another six months to 31 March 2021


BusinessToday.In
September 29, 2020
LVB, in a regulatory filing, said the committee of independent directors will exercise the discretionary powers of MD & CEO in the ad-interim, which includes Meeta Makhan, Chairperson of the CoD, Shakti Sinha, Member and Satish Kumar Kalra, Member


BusinessToday.In
September 28, 2020
Sandesara brothers, promoters of Gujarat based Sterling group, were declared fugitive economic offenders by a Delhi court on Monday


BusinessToday.In
September 28, 2020
The Reserve Bank of India (RBI) on Monday said that a meeting of monetary policy committee (MPC) for this week has been rescheduled


Rashi Bisaria
New Delhi, September 28, 2020
COVID-19 pandemic: One in every 250 people on Earth now infectedWith total cases standing at 32.4 million or 0.4 per cent of the world's population, every 250th person on the Earth is now infected with coronavirus. As of September 2020, the world's population stood at 7.8 billion, according to the estimates by the United Nations.The total number of deaths now stand at 983,000.Serum Institute shares, applauds PM Modi's vision: Adar Poonawalla on India's vaccine offer to worldA day after Pr...


BusinessToday.In
September 28, 2020
India Stock Market Highlights Today: On hopes of the US Govt to announce a stimulated package, global markets begun the new trading week with modest gains.


PTI
September 28, 2020
The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for three days starting September 29


PTI
September 21, 2020
RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak


BusinessToday.In
September 19, 2020
Nirmala Sitharaman says GST compensation will have to be paid from compensation cess kitty only; states are staring at GST revenue shortfall of around Rs 2.35 lakh crore, of which Rs 97,000 crore is believed to on account of GST compensation


BusinessToday.In
September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds


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