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SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

Shore up spending, says SBI

Without higher spend, bank says economy likely to slow down further.

20 Sept 2017 3:52 AM IST

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 Council's next meet on Oct 6, relief for exporters may be on cards

The meeting was scheduled to be held on October 24 but was preponed in view of the engagements following Diwali...

19 Sept 2017 7:22 PM IST

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

Companies may have to furnish Apr-Sept income estimates to I-T dept

Also, businesses have to specify reason for any reduction in advance tax payment compared to preceding financial year.

19 Sept 2017 7:07 PM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

NPA-laden PSU banks crimp advance tax mop-up at 10.6 per cent

The tax department has asked its officials to keep a close vigil on the forthcoming quarterly results by large...

19 Sept 2017 6:33 PM IST

PVR is leading multiplex chain in India.

PVR to open 12-15 extra-large screens, invest Rs 60 crore

The company will add four screens this fiscal and around 10 more in next fiscal under P[XL].

19 Sept 2017 5:20 PM IST

Prime Minister Narendra Modi will interact with Finance Minister Arun Jaitley and other top officials on Tuesday to take stock of Indias economic situation. Photo: PTI

Modi-Jaitley meeting on slowing economy postponed

Sources said two issues the PMO wants fixed quickly are sluggish exports and private investment not picking up.

19 Sept 2017 5:12 PM IST

Ratan Tata with Tata Sons chairman N Chandrasekaran. (Photo: FIle/PTI)

Tata Sons buys 4.31 cr shares of TGBL from Tata Chemicals

Tata Sons is on a drive to reduce cross-holdings within group under new Chairman N Chandrasekaran.

19 Sept 2017 5:10 PM IST

At current costs of cultivation and prices, agriculture has lost much of its sheen and looks jaded.

Find ways to double farmers' income, says R M Singh to states

The centre has already come out with a four-volume report suggesting ways to boost farmers' income which states will...

19 Sept 2017 4:47 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Nifty slips from record as bank, finance stocks dip ahead of US Fed...

The 30-share flagship index Sensex cut short it eight-day rising streak and closed down by 21.39 points at 32,402.37.

19 Sept 2017 4:32 PM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Gold stays weak, sheds Rs 100 on global cues, low demand

Silver also cracked below Rs 41,000-mark by falling Rs 700 to Rs 40,500 per kg on reduced offtake.

19 Sept 2017 3:42 PM IST

Union minister Piyush Goyal

Taking steps to smoothen coal supply to power plants by early Oct:...

Goyal's assurance came after IACC President N Srinivasan flagged the issue of the depleting stock of coal at power...

19 Sept 2017 3:24 PM IST

Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

SBI reports says economic slowdown is real, not just technical

The note comes days after Amit Shah attributed the slowdown to 'technical reasons' without elaborating on the same.

19 Sept 2017 3:10 PM IST