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PTI
July 23, 2019



BusinessToday.In
New Delhi, July 23, 2019
The growing investments through Mauritian route led to several cases of round-tripping, abuse of the agreement, thus forcing the Indian government to finally impose capital gains tax in 2016 by amending the 1983 DTAA agreement


Anand Adhikari
New Delhi, July 20, 2019
Sources added that the new money from LIC and IFC has helped the company meet its redemption requirement to certain investors including banks.


BusinessToday.In
July 19, 2019
Equity markets plunged sharply with benchmark indices losing almost 1.50% each, amid heavy selling in auto and financial stocks. BSE Sensex closed 560 points down at 38,337 against the last close of 38,897.46. NSE Nifty50 ended at 11,419, declining by 177 points against the last close of 11,474.


BusinessToday.In
July 19, 2019
The rupee opened strong and appreciated by 23 paise to Rs 68.74 against the US dollar at the interbank forex market and gained further ground to touch Rs 68.74 per dollar, displaying gains of 23 paise over its last close. On Thursday, Indian rupee closed at 68.95 per US dollar.


BusinessToday.In
New Delhi, July 19, 2019
All individual taxpayers are now required to file ITR electronically; only super senior citizens and assessees with annual income of under Rs 5 lakh, who are not seeking a refund, can choose to do so in paper format


PTI
July 18, 2019



BusinessToday.In
New Delhi, July 18, 2019
File ITR: The penalty for ITRs furnished on or before December 31 is Rs 5,000 but double that amount for later filings; if your taxable income is below Rs 5 lakh, the maximum penalty will be Rs 1,000


BusinessToday.In
New Delhi, July 18, 2019
The Committee on Economic Capital Framework, which met on Wednesday for the final time, has reportedly recommended transferring of funds from both contingency and revaluation reserves to the government


Sonal Khetarpal
July 17, 2019
With the pressure of speed and scale, start-ups that are building for international markets / customers cannot afford to be held back by Indian regulations. We don't see this trend reversing any time soon


Reuters
New Delhi, July 17, 2019
\"We must look at the experience of countries that have taken loans from international markets to meet their government deficit. The experience of these countries has been far from good,\" says Ashwani Mahajan co-convenor of Swadeshi Jagran Manch


BusinessToday.In
New Delhi, July 17, 2019
The Pune-based wind major, which had a consolidated net term debt of Rs 7,761 crore and a working capital debt of Rs 3,380 crore by the end of 2018-19, is in talks with Canadian investment major Brookfield to a sell a majority stake


BusinessToday.In
July 16, 2019
The last time the government tinkered with the interest rate for General Provident Fund (GPF) was in October, when it had announced a 0.4 per cent hike to 8 per cent


Reuters
July 16, 2019
Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd, in what would have been the world's biggest initial public offering (IPO) of 2019.


PTI
New Delhi, July 15, 2019
The once resilient Chinese economy did not dip below 6.4 per cent even during the 2009 world economic crisis during which the largely export dependent country came under heavy pressure due to the steady fall in its foreign trade


PB Jayakumar
New Delhi, July 15, 2019
With over Rs 11,000 crore debt and an impending $172 million FCCB payout next month, Suzlon is negotiating with lenders and potential investors


Reuters
Beijing, July 15, 2019
Real estate investment, a major growth driver for the world's second-largest economy, quickened in June. It rose 10.1% from a year earlier, accelerating from a 9.5% gain in May but still slower than in April


Aseem Thapliyal
July 15, 2019
DHFL share price hit lower circuit of 9.93% to 61.65 in early trade today valuing his holding at Rs 61.65 crore. Total value of his stake at the end of March quarter stood at Rs 150.5 crore.


BusinessToday.In
July 14, 2019
The RBI might suggest about sub-lakh crore of transfers from its contingency reserves based on a formula devised by the Jalan panel members and it is likely to be Rs 50,000 crore


PTI
New Delhi, July 14, 2019
Overseas investors pulled out money from the equity markets for five of the six sessions following the Budget, which was presented on July 5.


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