Business
Government Notifies New Annual GST Return Forms
Trade and industry bodies had raised several objections on the GST annual return filing forms, which were earlier notified in September last year. Following this, the CBIC has notified the new forms.
India's Robust Economic Growth to Continue in 2019: CII
It has identified seven key drivers for growth that need to be fostered and suggested policy actions for robust GDP growth to continue in 2019. Among key growth drivers, CII hopes the GST Council will consider extending the tax to currently exempted secto...
Amid Firm Trend Overseas, Gold Marginally Up; Silver Slides
Silver lost Rs 25 to Rs 39,225 per kg on low demand from industrial units and coin makers. While, traders attributed the marginal gains in prices of the yellow metal to overseas firm. trend.
Lowering Capital Buffer Detrimental to Banks, Economy, Says RBI
RBI said that the adequacy of buffers becomes an important issue to absorb expected losses but not adequately provided for, if and when they materialise.
Centre Finds Route to Raise Funds, Cabinet Approves Seven PSU Listings
The government has set a disinvestment target of Rs 800 billion this fiscal year, but in the first half it managed to mop up a little over 10 per cent.
HDFC Group Surpasses Tatas in M-cap
While HDFC group has five listed firms - HDFC Ltd, HDFC Bank, HDFC Standard Life Insurance Company, Gruh Finance Ltd and HDFC Asset Management Company- Tatas have nearly 30 listed companies on the bourses.
India Eyes $100 Billion FDI in Next Two Years; Plans Industrial Clusters for Some Countries: Suresh Prabhu
The commerce and industry minister Suresh Prabhu said his ministry has also identified sectors and countries which holds huge potential for investments in India.
Rupee Trims Early Gains, Closes 8 Paise up Against US Dollar
The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic currency.
Vedanta to Set Up 4.5 Million Tonne Steel Plant in Jharkhand
Vedanta would initially invest about USD 300 million to augment capacity of ESL to 2.5 MT from the existing 1.5 MT, but the time frame, for the same, was announced.
Consumer Protection Bill Aims to Reduce Cost of Litigation: Govt
The bill, which aims to replace the prevailing Consumer Protection Act of 1986, will be placed before the Rajya Sabha for the passage.
GST Racket Involving Fake Invoices Worth Rs 220 Crore Busted in Tamil Nadu, 2 Arrested
The accused had created bogus companies and bank accounts using PAN and Aadhar number of family members and employees.
US Federal Defies Trump to Raise Interest Rates Again, Signals More Hikes Ahead
The rate increase, the fourth of the year, pushed the central bank's key overnight lending rate to a range of 2.25 per cent to 2.50 per cent.
J&J Says Indian Drug Regulators Visited Facilities, Took Talc Samples
J&J added that the safety of its cosmetic talc was based on a long history of safe use and decades of research and clinical evidence by independent researchers and scientific review boards across the world.
Colombo-bound Jet Airways' Flight Returns After Technical Snag
Jet Airways has arranged for an alternative aircraft with a revised departure time for the passengers to travel to Colombo.
Shaktikanta Das' Appointment May Lead to 'Frightening' Governance Outcomes: Economist Abhijit Banerjee
The professor of economics at the Massachusetts Institute of Technology (MIT) made a strong pitch for strengthening the credibility of all key institutions such as the Reserve Bank.
Direct Tax Collections Surge 15.7 percent to Rs 6.75 Lakh Crore in April-November
Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 per cent higher than refunds issued in the same period last year.