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PTI
September 23, 2018
The service tax department contends that the overseas units are rendering a service to OVL and as such the company is liable to pay service tax at the full rate.


BusinessToday.In
September 23, 2018
Finance Minister Arun Jaitley even raised questions on the timing of Hollande's comment on the Rafale deal and Rahul Gandhi's tweet warning of 'some big bunker buster bombs in the next couple of weeks'.


PTI
September 22, 2018
In India, the consumption of alcohol has increased from 2.4 litres in 2005 to 5.7 litres in 2016 with 4.2 litres being consumed by men and 1.5 litre by women.


PTI
September 22, 2018
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.


PTI
September 22, 2018
Currently, the capital sum insured (CSI) under this section for motorised two-wheelers and private cars/commercial vehicles is Rs 1 lakh and Rs 2 lakh, respectively.


PTI
New Delhi, September 21, 2018
The regulator directed all general insurers to provide a minimum CSl of Rs 15 lakh under Compulsory Personal Accident cover for owner-driver.


BusinessToday.In
New Delhi, September 21, 2018
According to UNDP, the MPI looks beyond income to understand how people experience poverty in multiple and simultaneous ways


Aseem Thapliyal
September 21, 2018
The strategy which the government has adopted is merging one weak bank with its stronger counterparts.  In this case, the weaker bank is Mumbai-based Dena Bank. The lender came under prompt corrective action of the RBI in May 2017 in view of high Net NPA and negative RoA (return on assets) and now faces restrictions on lending and several other bank operations.


BusinessToday.In
New Delhi, September 21, 2018
The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, and then reduce taxes on petrol and diesel.


Ajita Shashidhar
September 20, 2018
The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.


Sudeshna Datta
September 20, 2018
AI has transformed functions, tasks, workforce skills, results and there is much more to come.


Naveen Kumar
September 20, 2018
Interest rates on government securities have been rising for quite some time but the government did not hike the interest rates in last quarter which started from June.


BusinessToday.In
New Delhi, September 20, 2018
While the Finance Ministry is targeting monthly GST collections at Rs 1 lakh crore for this fiscal on the back of anti-tax evasion measures like the e-way bill, the actual mop up has fallen short of the target month after month.


Mudit Kapoor
New Delhi, September 20, 2018
The forex reserves have been declining in the past few weeks as the Reserve Bank is selling the US dollar to contain rupee depreciation


Reuters
Beijing, September 20, 2018
In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world's second biggest.


BusinessToday.In
New Delhi, September 20, 2018
Dimon said that India's world beating economic growth as well as critical reforms such as GST and the first step in bank mergers are advantages that far outweigh fears arising out of macroeconomic imbalances and a sliding currency


BusinessToday.In
September 20, 2018
The government on Thursday hiked interest rates on small savings schemes, including National Savings Certificate (NSC) and Public Provident Fund (PPF), by up to 0.4 per cent for the October-December quarter.


PTI
Mumbai, September 19, 2018
The rupee opened higher at 72.71 against its record closing low of 72.98 Tuesday and touched a session high of 72.34 in day trade as crude oil prices eased globally.


Anand Adhikari
New Delhi, September 19, 2018
After the rupee plunged to new lows against the dollar, having depreciated to close to 73, the government has finally acted by announcing a slew of measures to prop up the currency.


Reuters
Mumbai, September 19, 2018
The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.


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