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GST to boost GDP; positive for rating: Moody's

GST will remove plethora of taxes like excise, service tax and VAT and transform India into a uniform market.

2 July 2017 3:50 PM IST

Sugar production in India, the worlds second largest producer, is estimated to be lower at over 21 million tonnes this year.

Govt mulls hiking import duty on sugar to 60 per cent

Government had in April allowed import of 5 lakh tonnes of raw sugar at zero duty to boost domestic supply.

2 July 2017 3:00 PM IST

As per RBI advisory, existing magnetic stripe only cards need to be replaced with EMV chip and pin based cards by December 31, 2018.

PNB to block all Maestro debit cards from July 31

The bank will not charge anything for the replacement and it will be provided free of cost.

2 July 2017 1:48 PM IST

To support the growth of its NEV line-up, GM has built a battery assembly plant in Shanghai which should be ready to deliver battery packs next year.

GM India dealers to knock at PMO door over compensation issues

A majority of General Motors India's 96 dealers, which operate around 140 showrooms across India

2 July 2017 1:41 PM IST

A new uniform has also been designed for the staff in these premier trains.

Trains to have Economy AC coaches soon; fares less than normal 3 AC...

The fully AC train with more Economy AC coaches is expected to cater to more passengers.

2 July 2017 1:37 PM IST

The state housing authority has identified a mere 650 houses for this years lottery.

Housing sales fall over 40 per cent in Jan-May on slow mkt: PropEquity

Launch of new homes also fell 62 pc to 70,450 units during the first five months of this year as against 1,85,820 units.

2 July 2017 12:56 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 widen tax net, make India Inc more competitive: CII

GST is based on self-compliance with the input tax credit as a powerful incentive to businesses to step into the tax...

2 July 2017 12:49 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

7th Pay Commission allowances to bump up inflation temporarily

Reserve Bank is expected to cut repo rate by 25 bps in its August meeting.

2 July 2017 12:19 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST: Hospitality, travel cos expect issues in initial months

Government to keep 28 per cent tax only on rooms with tariff of Rs 10,000 per night and above.

2 July 2017 12:14 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.

Markets to watch closely how GST pans out

GST is likely to result in a near-term disruption as this is a massive reform which is getting implemented in our...

2 July 2017 12:04 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.

BSE to revise transaction charges on equity segment from Aug 1

BSE would charge transaction fees of Rs 1.5 per trade for trade volumes of up to one lakh.

2 July 2017 11:58 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPI inflows hit 3 month high of Rs 29,000 cr in June

The latest inflow comes following a net infusion of over Rs 1.33 lakh crore in the previous four months.

2 July 2017 11:47 AM IST