Home » Business

Business - Page 1778

A landmark Australian law on restricting tobacco use has been upheld at the World Trade Organisation.

Farmers seek rollback of additional levy on cigarettes

GST Council in July raised cess on cigarettes to take away an estimated Rs 5,000 cr annual benefits.

3 Aug 2017 2:24 PM IST

The Sensex garnered 847.96 points 3.14 per cent last week.

Interest sensitive stocks keep falling despite RBI rate cut

Among bank stocks, PNB was trading lower by 2.93 per cent, Yes Bank lost 1.90 per cent and ICICI Bank slipped 1.66 per...

3 Aug 2017 1:38 PM IST

Finance Minister Arun Jaitley speaks in the Rajya Sabha in New Delhi. (Photo: AP)

Jaitley defends SBI decision to cut saving account interest rate

SBI to cut interest rate on saving accounts with less than Rs 1 cr deposit to 3.5 per cent from 4 per cent.

3 Aug 2017 1:27 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold futures fall 0.51 per cent on global cues

Gold is trading at Rs 28,444 per 10 grams in futures trading on Thursday tracking a weak trend overseas.

3 Aug 2017 12:33 PM IST

Prime Minister Narendra Modi (Photo: PTI)

RBI's rate-cut puts onus of economic growth back on Modi govt

Bad corporate loans, slow factory output, farm loan waivers and disruption of supply chain due to GST could disrupt...

3 Aug 2017 12:19 PM IST

India has been the worlds fastest growing major economy over the past two years.

India to feature among top 3 economic powers in 10-15 years: John...

The executive chairman of Cisco also said that India will grow with the strength of its democracy and partnerships.

3 Aug 2017 11:27 AM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

'Snapdeal 2.0' could leave company with 500-600 staffers

Over past few months, the beleaguered company has seen a steady exit of employees across levels.

3 Aug 2017 10:51 AM IST

Sensex climbed 122 points to finish the day on high

Sensex, Nifty turn sluggish on weak Asian shares

Sectoral indices bank, FMCG, metal, power, realty, capital goods and IT slumped.

3 Aug 2017 10:38 AM IST

Finance Minister Arun Jaitley speaks in the Rajya Sabha in New Delhi. (Photo: AP)

Jaitley indicates scope for rationalisation of GST rates

He also said there cannot be a single slab in a country like India which has a large population below poverty line.

3 Aug 2017 10:27 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee gains 5 paise against US dollar, hits a new 2-year high

The rupee strengthened by 5 paise to trade at 63.65 against the US dollar.

3 Aug 2017 10:12 AM IST

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

Karnataka Bank cuts interest rate to 3 per cent on deposits less than...

The interest rate has been reduced by 1 per cent from 4 per cent, Karnataka Bank said in a statement.

3 Aug 2017 10:03 AM IST

Reserve Bank of India

RBI becomes first Asian central bank to ease policy rates in 2017

The RBI said reduced prices provided 'some space' for monetary policy accommodation.

3 Aug 2017 9:36 AM IST