The government has proposed to give full tax rebateto individuals having taxable annual income up to Rs 5 lakh with a view tobenefitting around 3 crore middle class taxpayers at an estimated revenuesacrifice of Rs 18,500 crore.

With election nearing, BJP needed a quick fix-a maximum impact but low effort move that would appease the three target groups somewhat. And it did.

The Narendra Modi's last Budget before the General Elections focuses on salaried and middle class, farmers, and the poor.

Finance Minister Piyush Goyal will present Budget 2019 in Parliament today.

There is a need for the education system to be transformed, with significant investments and by implementing measures focussed on improving quality.

India's largest airline, IndiGo, worst performing for consumers: Parliamentary panelPrivate airline, IndiGo, is the \"worst performing\" carrier for consumers, while national carrier Air India has the best luggage policy, said a parliamentary panel chairman Derek O' Brien. TMC MP O'Brien, who heads the Parliamentary Standing Committee on Transport, Tourism and Culture, Thursday said the panel had taken strong note that during festive season some airlines were charging 8-10 times more than the...

Five out of six debutants in the top 100 rankings are from the financial services sector.

We may be losing the war against climate change, as we fail to approach sustainability-related issues in the right manner.

Lessons from the failure of some of India's biggest business names.

The HDFC AMC stock later closed 65.01% or 715.15 points higher at 1815 level on BSE. It rose 4.38% higher than the listing price of 1739 level. The market capitalisation of the AMC on BSE stood at Rs 38,479.15 crore on the first day of its listing on the bourses.

The mutual fund firm's Rs 2,800-crore public offer received bids for 1,93,96,884 shares against the total issue size of 1,88,04,290 shares, translating into 1.03 times subscription, as per NSE data.

The IPO carries price band of Rs 1,095 to 1,100 per share. The issue size comprises 2.5 crore equity shares which includes 8,59,2,970 (4.08 per cent stake) equity shares by HDFC Ltd and 16,864,585 (7.95 per cent stake) equity shares by Standard Life Investments.

The IPO is available at a price band of Rs 1,095 to 1,100 per share. The issue size comprises 2.5 crore equity shares which includes 8,59,2,970 (4.08 per cent stake) equity shares by HDFC Ltd and 16,864,585 (7.95 per cent stake) equity shares by Standard Life Investments.

The IPO will open for subscription of anchor investors on Tuesday, July 24, 2018. The minimum bid lot for the IPO has been fixed at 13 equity shares and applications may be made in multiples of 13 equity shares thereafter.

Last week, the Insurance Regulatory and Development Authority of India permitted LIC to acquire up to 51 per cent stake in IDBI Bank. If the deal goes through, the bank will get a much-needed capital support as it is grappling with mounting non-performing assets.