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The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

July 1 to be celebrated as GST Day' to mark its first anniversary

Goods and Services Tax was rolled out in the intervening night of June 30 and July 1, last year.

30 Jun 2018 2:32 PM IST

Mukhtar Abbas Naqvi

Rs 57 cr less to be paid to airlines for Haj pigrims, says Naqvi

After the Independence, a record 1,75,025 Indians were going for Haj this year.

30 Jun 2018 2:10 PM IST

Reliance Jio has said it will launch Indias cheapest feature phone for an effective price of Rs zero. (Photo: PTI)

Jio to acquire telecom solutions firm Radisys to accelerate 5G in...

The cash acquisition is aimed at cementing Jio's position in futuristic areas such as 5G and Internet of Things.

30 Jun 2018 12:01 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Private Equity firms invest a record USD 8.2 billion in June quarter

The value of investment was 60 per cent higher compared to the USD 5.1 billion received in the same period last year.

30 Jun 2018 11:51 AM IST

Watch out for the blood moon on July 27. (Photo: Pixabay)

India's quest to find a trillion-dollar nuclear fuel on the Moon

China is the only country to put a lander and rover on the moon this century with its Chang'e 3 mission in 2013.

30 Jun 2018 11:44 AM IST

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

Govt says April-May fiscal deficit at 55.3 per cent of full-year...

India expects to trim the deficit to 3.3 per cent of GDP in this fiscal year.

30 Jun 2018 11:26 AM IST

Tata Steel is an arm of $103 billion Tata Group.

Thyssenkrupp seals landmark steel venture with Tata Steel

It is the largest deal in Europe's steel industry since the takeover of Arcelor by Mittal in 2006.

30 Jun 2018 11:15 AM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Revenue collection for April-May capped at Rs 1,27,461 crore

The aforementioned figure comprises Rs 1,02,408 crore tax revenue.

30 Jun 2018 11:04 AM IST

President Donald Trump

Donald Trump wants to quit WTO, says report

There's no breaking news here ... it's not right, Mnuchin told Fox Business Network, calling the report fake news.

30 Jun 2018 5:59 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to take punitive action against errant bank auditors

The circular said quality audits are also a valuable input in the supervisory process of RBI over banks.

30 Jun 2018 5:52 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold demand spikes after prices dip

Rupee hit a record low on Thursday, limiting the drop in local gold prices.

30 Jun 2018 5:48 AM IST

Sushil Kumar Modi

GST on fuel to be 28%+: Sushil Kumar Modi

He said 45-50 per cent of tax revenues of states come from petrol and diesel.

30 Jun 2018 5:42 AM IST