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Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex falls 159 points in early trade

The 30-share index dropped 158.93 points or 0.44 per cent to 35,264.55.

2 July 2018 10:45 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST collection hits Rs 95,610 crore in June

The total number of GSTR 3B returns filed for the month of May upto June 2018 is 64.69 lakhs.

2 July 2018 12:32 AM IST

Finance minister Piyush Goyal and chairman of Central Board of Indirect Taxes and Customs S. Ramesh arrive at the GST Day celebration on completing one year at Ambedkar International Centre in New Delhi. (Photo: PTI)

GST collection to touch Rs 13 lakh crore in current fiscal, says...

Mr Goyal said that historically the three month from April to June are lean periods of tax collection.

2 July 2018 12:29 AM IST

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.

Higher tax mop up due to reforms

Statistics available in the public domain suggest that the tax-payer base has widened by 26 per cent in FY 18 compared...

2 July 2018 12:25 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Sriram takes charge as MD and CEO of IDBI Bank

Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of RBI.

30 Jun 2018 6:54 PM IST

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