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Ancestral jewellery and gold as also that purchased from disclosed income not to be taxed.

Jewellery industry can register 10 per cent growth this fiscal

GST was a very good thing to happen to the industry, which was now more transparent.

17 Aug 2017 4:50 PM IST

Axis Bank launched a home loan product that entails waiving off a few EMIs during the course of a loan. (Photo: PTI)

Skip a few EMIs with Axis Bank's new home loan product

If a borrower takes a 20-year loan, the consumer will get 12 of the EMIs waived off.

17 Aug 2017 4:47 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex gives up gains, stays positive for 3rd day

RBI's concern over inflation in its own minutes dragged banking stocks down.

17 Aug 2017 4:17 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Import of American crude oil to open 'new vistas' in India-US relation

Consignments of American crude oil left the US shores between August 6-14 and is likely to reach India in late...

17 Aug 2017 4:09 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

No more lobbying in public sector bank appointments: Govt

Two big issues that Indian public sector banks grapple with are high NPAs and inadequate systemic safeguards.

17 Aug 2017 3:43 PM IST

Revenue secretary Hashmukh Adhia insisted that the tax incidence on telecom services will be unchanged at 15 per cent after the input credit is taken on equipment.

Telecom sector will create 30 lakh jobs by 2018: report

Deeper penetration of smartphones, arrival of latest technologies like 4G and 5G to help create more jobs.

17 Aug 2017 3:16 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Gold tops Rs 30,000 on demand push, silver above Rs 40,000

Gold prices up by Rs 300 per 10 gm, silver jump of Rs 900 per kg.

17 Aug 2017 3:09 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Mutual funds pump Rs 30,000 crore into stock markets in April-July

At present mutual fund industry is managing an asset base of about Rs 20 lakh crore mark.

17 Aug 2017 2:41 PM IST

Reserve Bank of India

RBI rate cut 'not good enough', more room for reduction: Naina Lal...

RBI's 0.25 per cent rate cut was the first in 10 months and brought policy rates to near 7-year low.

17 Aug 2017 2:39 PM IST

Gupta will take over from the incumbent Kaher Kazem, who will become President and CEO of GM Korea.

GM India CFO Sanjiv Gupta to be new President, MD

Sanjiv will continue to lead our plan to achieve better financial performance in India

17 Aug 2017 2:00 PM IST

While demonetisation is expected to delay the much-anticipated recovery in corporate earnings growth by another few quarters, Morgan Stanley said Indias macro stability remains in its best shape in several years and policy momentum is the best since 2007.

India's growing GDP will push up its weight in MSCI EM index: Morgan

The report said that the gap between index weight and GDP rank is likely to keep closing.

17 Aug 2017 1:48 PM IST

Countrys second-largest software firm Infosys today reported a 7 per cent growth in its consolidated net profit at Rs 3,708 crore for the October-December quarter of the current fiscal.

Infosys gains 4 per cent on share buyback proposal

Infosys in April had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year.

17 Aug 2017 1:43 PM IST