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The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.Business
CBIC clarifies on levy of GST on sales promotion schemes

Clarification on tax treatment of sales promotion schemes under GST is a welcome relief particularly for FMCG and...

8 March 2019 10:48 AM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.Business
India among few countries with liberal tax regime for start-ups:...

The government has put in place investor-friendly regulations to attract investments from across the globe, said Prabhu.

8 March 2019 10:46 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.Business
Oil prices slide on economic slowdown, surging US supply

WTI crude oil futures were at USD 56.32 per barrel, down 34 cents, or 0.6 per cent.

8 March 2019 10:42 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: AssochamBusiness
Inflation likely picked up in Feb, but well below RBI target: report

Economists polled predicted inflation would average below 3 per cent, with forecasts ranging from 2.15 pc to 3.20 pc.

8 March 2019 10:27 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)Business
Sensex, Nifty turn negative on weak global cues

After falling over 100 points, the 30-share index was trading 64.70 points, or 0.18 per cent, to 36,660.72.

8 March 2019 10:22 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.Business
Rupee opens 18 paise lower against US dollar

Fresh foreign fund inflows, easing crude prices supported the rupee and restricted the fall.

8 March 2019 10:18 AM IST

Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.Business
Reliance Capital to reduce debt by Rs 10,000 crore

About 50-60% reduction in R-Cap's debt, will be achieved by monetising 43% stake in RNAM and 49% stake in RGI.

8 March 2019 7:06 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.Business
Tactical investment beats volatility

An important step in building a successful portfolio is to divide capital among different classes of assets, he said.

8 March 2019 7:01 AM IST

These sneakers have the spelt-out Coca-Cola logo in white against a red canvas on the whole upper shoe. TBusiness
Bata, Coca-Cola in joint branding deal

The logo matches the piping and laces giving a quirky and attractive vista to the legendary Bata Tennis shoes.

8 March 2019 6:38 AM IST

The Honda Civic petrol is priced starting at Rs 17.70 lakh for the base V variant, Rs 19.20 lakh for the mid-spec VX, while the top-spec ZX trim costs Rs 21.00 lakh at pan Indian showroom.Business
Honda seeks to up market share with Civic sedan

The executive sedan comes in five variants with two engine and gearbox options.

8 March 2019 6:36 AM IST

Sugar industry unhappy with the fund allocation.Business
Soft loans of Rs 12,900 cr for sugar mills okayed

The Cabinet also allowed the alternative mechanism to decide on the timing, price and quantum of strategic sales of...

8 March 2019 12:37 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.Business
Rupee closes at highest level in two months

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.02 per cent to...

8 March 2019 12:35 AM IST

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