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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.

Last date for filing GSTR-2, 3 extended by a month

Till Saturday, about 12 lakh businesses had filed GSTR-2 returns for the month of July.

30 Oct 2017 5:26 PM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Vistara connects Ranchi with Delhi with a double daily flight

The Delhi-headquartered Tata-SIA joint venture airline Vistara has expanded its network to 21 destinations.

30 Oct 2017 5:08 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex, Nifty scale new records on PSB stock rally

Traders said sentiment was upbeat in domestic energy stocks with Brent crude soaring to hit its highest level since July...

30 Oct 2017 4:38 PM IST

Bharti Telecom to stake in Bharti Airtel to 50.1 per cent

Shares of Bharti Airtel closed at Rs 492.8, up by 1.59 per cent, on BSE.

30 Oct 2017 4:24 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

NCRDC asks ICICI to refund Rs 2 lakh fraudulently withdrawn from man's...

Haryana resident Karam Singh lost Rs 2,07,368 during November 11, 2006 and February 2, 2007, for which he received no...

30 Oct 2017 4:17 PM IST

Maximum retail price of goods must include the GST component, a high-level panel of state finance ministers has recommended. (Photo: Pixabay)

MRP of packaged goods must include GST, suggests GoM

Businesses while uploading the invoice to the government in filing returns and paying taxes can separately show the GST...

30 Oct 2017 4:02 PM IST

Cement offtake has continued to remain weak in H1 FY2018 because of factors such as weak real estate activity.

Cement demand likely to pick up from Q4 FY18: ICRA

Cement production reported de-growth of 3.2 per cent to 117.3 million MT when compared to 121.2 million MT during 5M...

30 Oct 2017 4:00 PM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Airtel, Celkon partner for 4G phone at Rs 1,349 effective price

The cash refund of Rs 500 can be availed after 18 months and an additional Rs 1,000 after 36 months.

30 Oct 2017 3:24 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Realty investment in 6 top cities doubles to USD 2.87 billion

Mumbai recorded real estate investments of USD 1,749 million, placing it on 81st position in global survey.

30 Oct 2017 3:06 PM IST

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

HDFC records 17.3 per cent leap in Q2 net profit

The company had registered consolidated net profit of Rs 2,446.21 crore in July-September of 2016-17.

30 Oct 2017 2:57 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

SpiceJet to order 100 amphibious aircrafts as part of 'No Runway' plan

This development comes a day after Union Minister Nitin Gadkari pitched for the use of amphibious aircrafts on Sunday.

30 Oct 2017 2:49 PM IST

Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

Offshore India funds, ETFs inject USD 6 billion in Jan-Sep

These funds had pulled out USD 1.73 billion in January-September of 2016, said a report.

30 Oct 2017 1:56 PM IST