Home » Business

Business - Page 71

Union Finance Minister Nirmala Sitharaman chairs the 41st GST Council meeting via video conferencing, in New Delhi, Thursday, Aug 27, 2020. MoS for Finance Anurag Thakur and Finance Secretary Ajay Bhushan Pandey are also seen.

Centre writes to states on options of borrowing money to meet GST...

Compensation payment has been an issue since August 2019 with GST collections faltering. I

29 Aug 2020 7:59 PM IST

Stock brokers react to the Sensex points mark at Bombay Stock Exchange in Mumbai. (PTI Photo)

Stock markets recover Rs 45 lakh crore lost to Covid-19

Next week's sentiment hinges on Supreme Court verdict on telecom AGR and loan moratorium

29 Aug 2020 4:27 PM IST

Items such as cereals and food grains when sold loose are GST-free, while the government imposes a five per cent GST on branded food grains and cereals.

Pandemic gives fillip to demand for cereals; 200 per cent increase in...

Cereals have witnessed increased demand from African countries and the Gulf region during the lock-down.

29 Aug 2020 1:18 PM IST

Mercedes gets big electric van order from Amazon. (AP Photo)

Mercedes-Benz joins 'The Climate Pledge', to deliver 1,800 electric...

Mercedes said it would also join a climate initiative established by Amazon founder Jeff Bezos

28 Aug 2020 4:22 PM IST

Realty sector to witness upto 60 pc decline in residential sales volume in FY21. (Representative Image)

Realty sector expects 60% decline in residential sales volume in FY21

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs...

28 Aug 2020 9:17 AM IST

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Delhi High Court stays insolvency resolution proceedings against Anil...

Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.

27 Aug 2020 5:02 PM IST

Uber launched 24x7 Auto Rentals service. (AFP Photo)

Uber launches 24x7 auto rentals service in six cities

Uber launched a comprehensive set of safety measures, such as the Go Online Checklist, a mandatory mask policy for both...

27 Aug 2020 1:22 PM IST

Indias general government debt-to-GDP ratio is likely to be at 80 per cent of GDP by FY30. (Representative Image)

Government debt-to GDP ratio to be at 80% by FY30: Report

The report also finds that the government support to real GDP growth in the 2020s decade would be lower than in the past...

27 Aug 2020 12:52 PM IST

RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be self-defeating. (PTI Photo)

Extreme risk aversion can be self-defeating: RBI Governor warns banks

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

27 Aug 2020 12:25 PM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Government to forego Rs 46,000 crore of interest on delayed GST...

But businesses that had already paid their taxes are likely to claim a refund

27 Aug 2020 10:43 AM IST

Accenture plans to reduce workforce. (Photo- PTI)

Accenture to lay off 5% of its 'low performing' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

27 Aug 2020 3:29 AM IST

FSSAI to soon issue order for reducing trans-fat in food items to 2 pc by 2022. (Representative Image)

FSSAI plans to limit trans-fat in food items to 2% by 2022

Currently, bakeries, sweet shops and other food business operators can voluntarily display 'trans-fat-free' logos on...

26 Aug 2020 7:40 PM IST