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Finance Minister Arun Jaitley (Photo: PTI)

Jaitley rules out lowering GST rate for textiles sector

GST rate structure for the textiles sector enables ease of classification and determination of rate.

18 July 2017 4:25 PM IST

The price cut varies model wise and state wise.

Eicher cuts truck, bus prices by up to 5 per cent

Other commercial vehicle makers including Tata Motors have already reduced prices following GST roll out.

18 July 2017 4:15 PM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

Air India eyes proposal to offer voluntary buyouts to 1/3rd of its...

India's flag carrier is on block after Modi's cabinet approved plans to privatise this loss-making airline.

18 July 2017 4:12 PM IST

In 2008, Buldhana district, which had witnessed a huge number of farmers suicides, received only Rs 3 crore.

Draw up strategy for doubling farmers' income: Centre to states

Average monthly income per agricultural household from various sources is estimated to be Rs 6,426.

18 July 2017 3:56 PM IST

Chairman of Manipal Global Education Services and Aarin Capital Mohandas Pai. (Photo: PTI)

IT layoffs, depression reports are exaggerated: Pai

Former CFO of Infosys, T V Mohandas Pai added such 'exaggerated' reports are based on a few events.

18 July 2017 3:29 PM IST

Non-profit organisation Educate Girls received a grant of USD 75,000 from Goldman Sachs.

Goldman Sachs to fund Mumbai NGO 'Educate Girls'

Educate Girls secured this funding as a part of '2017 Goldman Sachs Gives Global Analyst Impact Fund' competition.

18 July 2017 3:29 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Rs 10 lakh or more deposited in 36 lakh bank accounts

MoS for Finance Santosh Kumar Gangwar did not specify for which financial year such deposits were made.

18 July 2017 3:16 PM IST

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

IBC: Banks to set aside Rs 18,000 cr in FY18, expect 25 per cent...

SBI had conceded that it will require more provisions but ruled out big impact on profits.

18 July 2017 2:31 PM IST

Factory output grew at a higher rate of 9.9 per cent in October last year mainly driven by better performance of manufacturing sector and increase in output of capital goods by 16.5 per cent.

'Mfg lowest paid sector with Rs 211.7 per hour median gross salary'

Manufacturing output contributes about 16 pc to the overall GDP and employs nearly 12-13 per cent of the labour force.

18 July 2017 2:13 PM IST

Globally, gold fell 0.30 per cent to USD 1,244.10 an ounce and silver 0.03 per cent to USD 18.29 an ounce in Singapore.

Gold prices rise by Rs 135 to Rs 28,328 per ten gram

Gold for delivery in August was trading higher by Rs 121, or 0.43 per cent, at Rs 28,117 per ten gram in a turnover of...

18 July 2017 2:05 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST to benefit auto, cement, organised retail sector, says Fitch

However, implementation risks will remain over next 12 months due to complexities of adopting to new system.

18 July 2017 2:05 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI's Realty Solutions website will guide you to your 'dream home'

Currently, 9.5 lakhs home units are available on this website including names like DLF, Sobha, Unitech, Tata Housing and...

18 July 2017 1:38 PM IST