Home » Business

Business - Page 325

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sept 2019 1:07 PM IST

Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

GST panel likely to recommend tax cuts on 20-25 products: sources

The proposed GST tax cuts will have limited impact on government revenue.

20 Sept 2019 12:12 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex jumps over 2000 points after FM announces corporate tax cut

The 30-share index was trading 1,282.23 points, or 3.55 per cent, higher at 37,375.70.

20 Sept 2019 11:23 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Govt slashes corporate tax to 25.17 per cent for domestic cos

The changes in the Income Tax Act and Finance Act will be made effective through an ordinance.

20 Sept 2019 11:15 AM IST

E-cigarettes were nearly twice as effective as conventional nicotine replacement products.

Flipkart, Amazon, others rush to pull vaping devices after India ban

Flipkart in a statement said it was aware of the ban order and was working with sellers to remove all such products.

20 Sept 2019 11:03 AM IST

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

Sensex rebounds over 100 points; banking, auto stocks jump

The 30-share index was trading 119.27 points, or 0.33 per cent, higher at 36,212.74.

20 Sept 2019 10:23 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee rises 27 paise against US dollar in early trade

Rupee is trading at 71.07 against US dollar in early trade as gains in domestic equity market enthused investors.

20 Sept 2019 10:19 AM IST

Shaktikanta Das

Room for more rate cuts as government's hands tied: RBI

The governor was quick to add that there is little fiscal space for the government to unveil any countercyclical...

20 Sept 2019 3:29 AM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Rana family sells 2.3 per cent Yes stake

MCPL had in April 2018 placed rated, zero-coupon NCDs amounting Rs 1,160 crore with RNAM.

20 Sept 2019 2:47 AM IST

Tyre exports have picked up in June quarter as Indian manufacturers are trying to ultilise the trade war opportunity.

Tyre-makers tap trade war to push exports

According to industry experts, the ongoing September quarter is also witnessing an upward trend in shipments.

20 Sept 2019 2:43 AM IST

TVS Motor, Indias third largest two-wheeler maker, which scored its best ever monthly sales of TVS NTorq in a depressed market last month, on Thursday launched the TVS NTorq 125 Race Edition at Rs 62,995 at Delhi showroom to boost sales during the festival season.

TVS NTorq 125 gets sportier

The NTorq 125 Race Edition goes head to head with the Aprilia SR 125, which costs Rs 74,027.

20 Sept 2019 2:39 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Negative candle points to more weakness

The Sensex fell 470.41 points or 1.29 per cent to 36,093.47, while Nifty lost 135.85 points or 1.25 per cent to 10,704.

20 Sept 2019 2:35 AM IST