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BusinessToday.In
July 16, 2018
While a specific figure for these India-linked accounts is not known, the total holding in all such dormant accounts is estimated at about Swiss Francs (CHF) 44 million (about Rs 300 crore).


PTI
New Delhi, July 15, 2018
The list of over 3,500 dormant accounts continues to have at least six withIndian links since December 2015, as no successful claimant has come forward for them. Recent data shows that Indians have about Rs 7,000 crore in Swiss banks.


PTI
July 14, 2018
The banks are among the first major companies to report results in what is expected to be a strong second-quarter earnings season thanks to US tax cuts and a humming American economy.


Dipak Mondal
New Delhi, July 9, 2018
Pronab Sen, former chief statistician of Indian and an economist, explains why it is difficult to measure the impact of GST on the unorganised sector.


BT Guest Columnist
New Delhi, July 9, 2018
A new breed of fintech lenders is creating a niche segment.


Prosenjit Datta
New Delhi, July 9, 2018
As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion


Manu Kaushik
New Delhi, July 9, 2018
Business confidence slides in the first quarter of 2018/19 as businesses feel the pinch of GST and brace for policy inaction and higher interest rates, finds the latest Business Today-C fore Business Confidence Survey.


Mail Today Bureau
July 9, 2018
The GST Council in its last meeting in May had discussed giving a concession of 2 per cent in GST rate (where the tax rate is 3 per cent or more) to consumers making payment through cheque or digital mode. The discount would be capped at Rs 100 per transaction.


PTI
New Delhi, July 8, 2018
The Sushil Modi-led ministerial panel will recommend to the GST Council to defer by a year the proposal to incentivise digital payments under GST, citing revenue implications of doling out concessional tax rate.


BusinessToday.In
July 7, 2018
The RBI had in April directed all the banks to stop dealing with individuals and businesses dealing in virtual currencies in next three months - the deadline ended on July 5.


BusinessToday.In
July 7, 2018
PMJDY was started with a target to provide universal access to banking facilities starting with basic saving bank account with an overdraft upto Rs 5000 subject to satisfactory operation in the account for six months and RuPay Debit card with inbuilt accident insurance cover of Rs 1 lakh.


Mail Today Bureau
July 6, 2018
Mukesh Ambani said at the oil-to-telecom giant's 41st annual general meeting that the company will begin registrations for its fibre-to-home service JioGigaFiber from August 15.


BusinessToday.In
New Delhi, July 4, 2018
Today we are disabling the rupee deposit and withdrawal options on the Zebpay app. This is being done in light of the bank account closures as per the RBI guideline, says the company.


Mukesh Adhikary
New Delhi, July 4, 2018
For middle class Indian families, LIC is more than just a savings scheme, it's a way of life.


PTI
July 4, 2018
\"...the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 starting July 1 and ending on September 30, 2018 shall remain unchanged from those notified for the fourth quarter of financial year 2017-18,\" the Finance Ministry said while notifying the rates for the second quarter.


BusinessToday.In
New Delhi, June 29, 2018
Money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money stashed there.


BusinessToday.In
June 27, 2018
The ISRO is planning to launch a mission to the south side of the moon, where it will look for traces of water and deposit of helium-3 isotope which could be used for generating waste-free nuclear energy.


PTI
June 26, 2018
Painting a gloomy picture of the banking sector, the RBI today said Gross NPA ratio of banks is likely to rise from 11.6 per cent in March 2018 to 12.2 per cent by the end of the current fiscal.


BusinessToday.In
June 25, 2018
The stock was reacting to a media report claiming that Housing Development Finance Corp (HDFC) and Kotak Mahindra Bank are vying for a controlling stake in PNB Housing Finance.


BusinessToday.In
New Delhi, June 22, 2018
The NABARD says during the period, 1.60 lakh customers of the bank deposited or exchanged demonetised notes worth Rs 746 crore, which was only 15 per cent of the total deposits of the bank.


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