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Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

TRAI seeks views on maximum duration for phone calls to ring

This may, in turn, impact the pattern of outgoing and incoming Minutes of Usage (MoU) on Point of Interconnection.

17 Sept 2019 9:17 AM IST

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

Govt exempts cash payments above Rs 1 cr via AMPC from 2 pc TDS

Government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore.

17 Sept 2019 9:09 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI allows payment of all recurring bills through BBPS

The system will provide multiple payment modes and instant confirmation of payment.

17 Sept 2019 9:05 AM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank board approves merger with Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the...

17 Sept 2019 9:00 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Bank Nifty may test 28500 zone on upside

The sharp surge in crude oil prices has definitely impacted sentiments as it has an adverse impact on Indian economy.

17 Sept 2019 2:15 AM IST

The commercial vehicle (CV) industry, the barometer of Indian economy, has been facing a slowdown in demand and declining sales over the past two-three quarters primarily due to the economic slowdown and surplus capacity despite efficiency gains.

Multiple woes for commercial vehicle industry

While implementation of e-way bill has streamlined operations to some extent for the transporter community.

17 Sept 2019 1:35 AM IST

Toyota Kirloskar Motor has introduced a special edition variant of its flagship SUV Fortuner to its line-up named TRD Celebratory Edition to boost sales ahead of the festival season.

New Fortuner TRD launched at Rs 33.85 lakh

The SUV competes with the likes of the Ford Endeavour, Mahindra Alturas G4 and Isuzu MU-X in the Indian market.

17 Sept 2019 1:31 AM IST

Shares of housing finance companies (HFCs) fell sharply after Reserve Bank of India directed all categories of lenders to link their loan interest rates to an external benchmark from next month coinciding with the festive season.

Housing industry seeks tax sops, lower rates

Industry finds that the stress fund allocated to the housing sector with several riders will not increase demand among...

17 Sept 2019 1:27 AM IST

Amazon sees 50 per cent more sales this year

Kicking off the first road show in the capital, the senior officials of Amazon India said they would hold similar shows...

17 Sept 2019 1:24 AM IST

A considerable part of Irans gas could be exported via the existing Turkmenistan-China gas pipeline and new oil pipelines can be constructed on the same route.

Oil-sensitive stocks dip

The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil...

17 Sept 2019 1:22 AM IST

Electric vehicle is the future transport.

TN govt unveils electric vehicle policy with slew of sops

Tamil Nadu Electric Vehicle Policy 2019 has been prepared to promote manufacturing of electric vehicles, an official...

16 Sept 2019 8:04 PM IST

Economic Affairs Secretary Shaktikanta Das

5 pc Q1 growth surprise; economy will look up with measures taken: RBI...

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sept 2019 7:28 PM IST