Business
Only 7% Rise in Transactions Through Cards Post Demonetisation
The highest jump was witnessed in transactions through UPI, from one million per day in November 2016 to 30 million in May 2017.
Markets End in Green, Brace For Initial GST Hiccups
Stock markets showed some strength on the first session of the new derivatives July series on Friday, with the BSE Sensex gaining over 64 points to 30,921.61 as investors took to optimistic buying ahead of GST rollout, expecting some hiccups on the way in...
GST: Farmers Apprehensive As Cost of Agricultural Inputs May Rise
The Goods and Services Tax (GST) is set to raise the price of most agricultural inputs like seeds, pesticides and farm equipment, adding to the cost of production for farmers.
Top 5 Things to Consider While Looking for a Home Loan
Buying home is no more a once-in-a-lifetime decision. With the rise in income of working middle class and easy availability of home loans, one can think of buying her first home in twenties or thirties itself.
Sensex Drops Most in One Month, Banks Take a Beating
The Sensex settled down by 179.96 points, or 0.58 per cent, at 30,958.25, its lowest closing since May 25 when it settled at 30,750.03.
AI Privatisation Welcome But Clear Salary Dues First: Pilots
The proposal to privatise Air India is a welcome move but salary arrears should be settled first as promised earlier, feel pilots at the national carrier.
States' Fiscal Deficit Soars to Rs 493 Trillion in FY 16
Uttar Pradesh had a fiscal deficit of a paltry Rs 3,070 crore in FY91, which zoomed to Rs 64,320 crore in FY16 and but is projected to improve to Rs 49,960 crore in FY17
Probe Finds no Evidence of Wrongdoing in Panaya Deal: Infosys
No substance was found in whistleblower allegations of Infosys CEO Vishal Sikka being paid excessive compensation in relation to the company's acquisition of Israel’s Panaya.
Darjeeling Tea Industries Hit by Gorkha Agitation, Losses May Cross Rs 250 Cr
Tea lovers and industries across the world waiting for ‘second flush’ of Darjeeling tea which tends to brew darker – with little astringency taste - have been hit hard by the brewing crisis in the hill districts.
Indian IT Industry Not H-1B Dependent, Says Infosys CEO
Infosys CEO Vishal Sikka has refuted the general impression that the Indian IT industry is overly dependent on H-1B visas for its business mode, amid the Trump administration's crackdown on firms abusing the visa system to hire foreign workers on a low wa...
RBI's Move on NPA Resolution Credit-positive For Banks: Moody's
Global credit rating agency Moody's Investors Service on Monday dubbed as 'credit-positive' for Indian banks the RBI plans to resolve 12 large bank loan accounts accounting for 25 percent of the banking system's non-performing assets (NPA).
I-T Dept Moves to Recover Rs 10,000 cr Retrospective Tax from Cairn Energy
This follows an international arbitration panel last week deciding not to entertain a plea by Cairn Energy seeking injunction against the coercive action to recover the tax
Rupee Gains 2 Paise Against Dollar, Fed Decision Ahead
The rupee firmed up 2 paise to 64.31 against the dollar in early trade today even as traders expect an increase in interest rate by the US Fed at its policy meeting on Wednesday.
RBI Issues New Batch of Rs 500 Notes with Inset Letter 'A'
The Reserve Bank of India (RBI) on Tuesday said it has issued a new batch of Rs 500 notes with inset letter 'A' in both the number panels.
Sensex Plunges 156 Points, Focus Shifts to Macro Data
The Sensex picked up cues from a lacklustre Asia as it stumbled 156 points today in the beginning of the week after investors started to take profit ahead of key IIP and inflation numbers due later in the day.
No Reason to Defer July 1 GST Roll-out, Says Arun Jaitley
Finance Minister Arun Jaitley on Monday said that the Goods and Services Tax (GST) is a simplified indirect tax regime and there is no reason to further postpone its targeted July 1 roll-out date.
