Monday, Oct 23, 2017 | Last Update : 01:42 PM IST

Economy

Revenue Secretary Hasmukh Adhia. (Photo: PTI)

GST rate structure needs complete overhauling: Hasmukh Adhia

GST Council has rationalised rates on over 100 commodities and made refund process easier for exporters.

Maharashtra Chief Minister Devendra Fadnavis. (Photo: PTI)

Maha govt releases Rs 4,000 cr in phase 1 of loan waiver scheme

Investment in the agriculture sector had increased by almost three times.

China's current growth rate is well above government's target for year of 6.5 per cent. (Photo: AFP)

China's GDP rises 6.9 pc to $8.96 trn in first 3 quarters

Growth rate held steady from a 6.9-per cent increase in first half of this year.

The RBI on Saturday said linking of Aadhaar with bank accounts is mandated under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.

RBI clears air on Aadhaar-bank a/c linkage, says it is must under PMLA

The government, in a notification dated June 1, 2017, mandated the linking of bank accounts with Aadhaar by December 31.

Karnataka Chief Minister Siddaramaiah. (Photo: File)

Karnataka CM urges Centre to exempt handmade products from GST

State government would support the satyagraha's demand for zero per cent GST on handmade products.

Market

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

RIL up 5 per cent; investors' wealth at Rs 2.4 lakh crore

Experts say RIL's telecom arm will turn profitable in December quarter; Jio now has a loss of Rs 271 crore.

Indian companies have seen a rise in demand for IPOs.

MAS Financial Services jumps 46 per cent on market debut

The stock rose to Rs 670 from its IPO price of Rs 459 in a public float.

Xavier Rolet, chief executive of LSE Group. (Photo credit: AFP)

London Stock Exchange CEO Xavier Rolet to step down

Board is now initiating a process to find a successor and will work closely with Xavier to ensure a smooth transition.

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Forex watch: Rupee ends 11 paise lower against US dollar

Trading was fairly muted with no underlying trends in place in the truncated trading week ahead of Diwali.

Companies

Corporate India saw lukewarm response in Diwali gifts this year, slashing the budget by at least 35-40 per cent under this head, a telephonic survey conducted by ASSOCHAM in the run-up to Diwali noted. (Photo: Pixabay)

Corporate India sees 35-40 per cent drop in budget for gifts in Diwali

There has been certainly a downward impact on the bonus payments with several corporates reeling under debt and cutting costs.

 SAIL, RINL, TSL, Essar, JSWL and JSPL together produced 28.438 million tonnes. (Photo: PTI)

Crude steel output jumps 6.8 pc to 8.3 million tonnes in Sept

Country had produced 47.608 mt crude steel during the first six months of the preceding fiscal.

Bharti Airtel is India's largest telecom company.

Bharti Airtel top Sensex gainer; stock up 7.19 per cent to Rs 462.65

Index heavyweight Reliance Industries rose 4.23 per cent to Rs 913.75 over last week.

Organic sales growth accelerated to 3.1 per cent in the third quarter, from 2.3 per cent in the first and 2.4 per cent in the second.

Nestle accelerates restructuring as sales growth stays tepid

Nestle shares, which have risen almost 15 per cent so far this year, were indicated to open 0.4 per cent lower.

 ICICI Lombard has approved payment of second interim dividend of Re 0.75 per equity share of face value of Rs 10 each.

ICICI Lombard Q2 profit rises 19 per cent to Rs 204 crore

ICICI Lombard's profit rose by 38.5 pc to Rs 418 crore as compared to Rs 302 crore same period a year ago.

Autos

Company's domestic CV sales had declined 15.62 per cent to 66,397 units, as against 78,693 units in the same quarter of 2016-17.

After dip in Q1 Tata Motors' CV sales up 24 per cent in Jul-Aug

Sales rose to 59,378 units in the two month period of 2017-18, from 47,750 units in the year-ago period.

 Volvo’s first estate to be sold in India and is imported to the country as a CBU.

Volvo V90 Cross country launched in India at Rs 60 lakh

A unique car in its segment, the all-terrain station wagon has been launched at a very attractive price.

The new SUV will be rolled out from the company's Chennai plant. (Photo: Youtube)

Renault to introduce SUV Captur in India in December quarter

The 5-seater SUV Captur will be a very premium offering and much higher than the Duster.

Let’s check out what makes the i30 N special.

Hyundai unveils i30 N hot hatch with 275 horsepower

First hot hatch from the Korean manufacturer, the ‘N’ in the i30 N’s name stands for, you guessed it, Nurburgring.

In Other News

Reliance Jio pointed out that it has always offered free voice services to its customers.

Airtel attacks Trai for IUC rate cuts

Jio in a statement said that there is no question of any advantage as it has already passed on all the benefits to customers.

According to the US FDA guidelines, a recall under Class-III classification would mean the use of such drug may not cause adverse health consequences.  (Photo: AFP)

Dr Reddy’s Laboratories drug fails tests, recalled

this is the third product recall by Dr Reddy’s Labs in 2017 due to quality issues.

 The only way to contain the risk of overspending is to maintain a strict financial discipline.

Top five risks of using credit cards, how to avoid them

Credit card can be risky instrument for those who cannot control the urge of splurging money.

The tender details will be finalised this week.

Govt to float tender for Wi-Fi service in panchayats by 2019

Plan is to roll out Wi-Fi service in 1 lakh gram panchayats (GPs) in a year and in the rest by 2019.

Railway Minister Piyush Goyal.

Goyal calls for innovation in rail safety, says money no bar

Railways is embarking on a massive programme to ensure safety of the entire network