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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

GST collection sees rise after two months

Some 56.30 lakh GSTR 3B returns have been filed for the month of December, 2017 till January 24, 2018.

26 Jan 2018 12:30 AM IST

The carmaker claims this engine is capable of churning out 237PS or 269PS depending on the trim level.

Jeep reveals 2018 Grand Commander

Jeep says the sleek, 7-seat SUV will be made exclusively for the Chinese market.

25 Jan 2018 5:24 PM IST

Maruti Suzuki India Q3 profit rises less than expected

Maruti sold a total of 431,112 vehicles during the quarter, up about 11.3 per cent from a year earlier.

25 Jan 2018 5:04 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex snaps six-day record run, down 111 points

Sensex, after rising to 36,247.02 points in early trade, turned negative and cracked below 36,000-mark to a low of...

25 Jan 2018 4:23 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Govt may ask oil cos to share LPG, kerosene subsidy burden: India...

Govt may ask upstream firms like ONGC to bear a part of the kerosene and LPG subsidies.

25 Jan 2018 4:12 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:14 PM IST

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Oil and gas industry seeks infra status, lower taxes in budget

Rollout of GST, and exclusion of petroleum sector from its purview, has translated into much higher costs for sector.

25 Jan 2018 1:08 PM IST

Diavel has been known for its handling prowess and this one carries forward the legacy.

Ducati Diavel Carbon relaunched in India

The bike is now available in its Euro 4-spec avatar and features a few new additions.

25 Jan 2018 12:36 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Shares in large Indian state-run banks fall as recapitalisation plan...

Govt pledged to inject nearly USD 14 billion combined into all but one state-run lender by March.

25 Jan 2018 11:32 AM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold futures gain 0.50 per cent on strong overseas trend

Gold is trading at Rs 30,366 per 10 grams in futures trade as speculators built up fresh positions.

25 Jan 2018 11:03 AM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

DIPP notifies FDI relaxation in several sectors

Cabinet had allowed 100 pc FDI in single brand retail and construction development under automatic route.

25 Jan 2018 10:56 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM IST