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The three firms of diamantaire Nirav Modi were issued LoUs worth Rs 6,498 crore.

Nirav Modi scam: PNB, Allahabad Bank to decide on further action

CBI filed charge sheet in May pointed involvement of top officials of banks.

22 July 2018 6:16 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Chief technology officers of Reliance Jio, Bharti Airtel quit

Reliance Jio Group Chief Technology Officer Jagbir Singh had joined the company before the soft launch of 4G services.

22 July 2018 6:04 PM IST

The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana to Rs 250 from Rs 1,000 earlier, a move that will enable more number of people to take advantage of the girl child savings scheme.

Govt slashes minimum deposit for Sukanya Samriddhi account to Rs 250

The minimum deposit that has to be made in the account annually thereafter too has been lowered to Rs 250 from Rs 1,000.

22 July 2018 5:29 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

India Inc becoming more vulnerable to sudden policy changes: Assocham

It added that any amendment in rules should involve stakeholders' consultation before being pronounced.

22 July 2018 3:23 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Govt cuts sales tax across sectors to ease pain of traders and...

Revenue collections from GST are a crucial pillar of government's plan to cut its fiscal deficit.

22 July 2018 1:43 PM IST

The latest order said the deadline for the PAN-Aadhaar linking for filing I-T returns was being extended after consideration of the matter. (Photo: AFP | Representational)

Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar

The finance ministry is likely to send an email to the micro, small and medium enterprises soon.

22 July 2018 12:43 PM IST

BSNL expects to sell 10,000 satellite phones this year, says BSNL...

Satellite phones are used in situations and locations where terrestrial mobile service may not be available.

22 July 2018 12:34 PM IST

Coal-fired projects are struggling with lower offtake for the power they generate.

Major ports see 19 pc surge in thermal coal imports in April-June

Thermal coal is the mainstay of India's energy programme.

22 July 2018 12:01 PM IST

Chakan-based manufacturer likely to launch a refreshed version of the Bajaj Avenger Street 150 and the all-new Bajaj RS 400.

Bajaj Auto eyes 20 per cent domestic market share in next 2 quarters

The total industry sales of motorcycles during the quarter stood at 36,51,542 units, according to SIAM data.

22 July 2018 11:36 AM IST

The wardens alleged action followed when she noticed used sanitary pads lying around in washroom and premises of the hostel. (Photo: Representational)

Sanitary napkins now exempted from GST

To promote tourism, now 28 per cent tax will be applicable only when the hotel bill is Rs 7,500 or above.

22 July 2018 2:02 AM IST

Deputy CM Manish Sisodia

GST Council exempts sanitary napkins from taxation

The plea to exempt sanitary napkin from GST has been going on for a long time.

21 July 2018 6:30 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank net profit misses estimates on higher provisions

Net interest income rose 15.4 per cent from a year earlier, while net interest margin came in at 4.2 per cent.

21 July 2018 6:19 PM IST