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The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

FinMin brings in changes in e-way bill system to check GST evasion

Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.

24 April 2019 8:51 PM IST

GoAir will increase the number of current aircrafts from 23 to 37 by the year-end.

GoAir to expand network with 28 new flights from Apr 26

The airline announced fare as low as Rs 1,368 on select routes, said GoAir managing director Jeh Wadia in a release.

24 April 2019 7:55 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee falls by 24 paise on strong dollar demand

Foreign fund inflows and strong gains in equity markets helped Rupee reverse some of the losses before close.

24 April 2019 7:36 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Composition scheme biz to now file simplified 'self-assessed' GST...

Composition scheme businesses will file the April-June quarter returns in July as per the new format.

24 April 2019 7:26 PM IST

ACT Fibernet denied that Reliances rumoured entry into wired broadband segment had any effect on their plans.

Wireless broadband subscriber base touches 532 mn in Feb: ICRA

The wireless subscribers increased to 1,183.7 million in Feb 2019, adding 1.7 million subscribers over the previous...

24 April 2019 7:08 PM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)

Govt procures 55.17 lac tons of wheat so far this year

Haryana and Madhya Pradesh have contributed the most to wheat procurement so far, an official said.

24 April 2019 6:03 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Non-filers of GST returns to be barred from generating e way bills...

Businesses under GST, will be barred from generating e-way bill if they fail to file returns for two consecutive filing...

24 April 2019 5:15 PM IST

Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.

Canada, Thailand seek to join WTO consultations over India tariff...

The US, Singapore and Chinese Taipei had also expressed their interest to join consultations in this dispute on Tuesday.

24 April 2019 5:03 PM IST

Sensex opened higher at 26,756.66.

Sensex rallies 490 points; Nifty reclaims 11,700-mark

After starting on a positive note, the BSE bourse soared to a high of 39,095.35 at the fag-end of the session.

24 April 2019 4:09 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold, silver prices fall on weak demand

Silver declined by Rs 200 to Rs 38,225 per kg on reduced offtake by industrial units and coin makers.

24 April 2019 4:00 PM IST

The Department of Telecom has issued 13-digit numbers to telecom operators for the trial of machine-to-machine (M2M) communications like smart electric metres and car tracking devices.

Telecom market repair still some time away: Jefferies

This fiscal will see equity fund-raising of over Rs 1 lakh crore led by separate rights by Vodafone-Idea and Bharti...

24 April 2019 3:46 PM IST

The state is planning to set up six start-ups villages with modern technologies.

342 start-ups get angel tax exemption since February

To avail the concession of exemption from this section, eligible start-ups have to file a duly signed self-declaration...

24 April 2019 3:29 PM IST