Home » Business

Business - Page 1309

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

Most Indian retail investors trust financial services sector

Global association of investment professionals, shows that 71 pc of Indian investors trust financial services industry.

11 April 2018 10:29 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex erases early gains, falls over 100 points

Stocks of oil marketing companies such as HPCL, BPCL and IOC reeled under pressure and fell up to 1.07 per cent.

11 April 2018 10:21 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee sheds 12 paise against US dollar

Rupee is trading at 65.11 against dollar ahead of release of US Fed meeting minutes scheduled later in the day.

11 April 2018 9:42 AM IST

UIDAI on Tuesday said it does not have information about bank accounts, health records, or financial and property details of Aadhaar holders.

Aadhaar not necessary for pensioners to submit life certificate: EPFO

Pensioners can now submit a life certificate without the 12-digit unique identity number.

11 April 2018 9:23 AM IST

Secretary of Department of Financial Services Rajiv Kumar. (Photo: Twitter)

Govt cleaning up banking sector, says DFS secretary

Banks have also raised more than Rs 10,000 crore so far and will raise more in the coming months from the market.

11 April 2018 9:13 AM IST

The government last year relaxed FDI norms in over a dozen sectors

Plans of FDI hike in PSBs on hold now

Government considering raising the FDI limit to 49 per cent for some time now.

11 April 2018 9:01 AM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)

RBI clears CCL for purchase of wheat

Central government has fixed the minimum support price (MSP) of wheat at Rs 1,735 per quintal.

11 April 2018 8:52 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi puts in place detailed framework on beneficial owners of FPIs

Sebi has asked Category II and III FPIs to provide list of their BOs in a prescribed format.

11 April 2018 8:42 AM IST

The government has decided to increase the New Fund Offer (NFO) size of Bharat 22 ETF from Rs 8,000 crore to Rs 14,500 crore. (Photo: PTI/Representational)

OPC asset solutions raise funds against receivables from Jio...

The issue size at Rs 5,000 crore is the single largest issuance of securitised paper in the country.

11 April 2018 8:35 AM IST

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

RBI net buys USD 1.665 billion of US currency in February

RBI's intervention in the foreign exchange market is to curb volatility in the rupee and not to target a price band.

11 April 2018 8:26 AM IST

Global benchmark Brent crude for July was down 31 cents at $51.74 a barrel by 11.13 GMT (7.13 am ET). US crude for June was down 24 cents at $49.09 a barrel.

Oil prices near 2014 highs over warnings of western air strikes...

Brent crude futures LCOc1 rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close.

11 April 2018 8:14 AM IST

Under GST, e-way bills are to be necessarily generated by transporters for movement of goods beyond 10 kms which have a value of Rs 50,000 and above.

Intra-state e-way bill from April 15

The five states which would form part of the first phase are Andhra Pradesh, Telangana, Gujarat, Kerala and UP.

11 April 2018 4:36 AM IST