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  Business   Economy  05 Jun 2018

Business, Economy, 05 Jun 2018

Govt planning to revamp GST AAR mechanism

The AARs in different states have so far passed about 60 orders under the GST law.

05 Jun 2018 5:15 PM

Banks gross NPA may peak at around 11.5 pc this fiscal: Crisil

GNPAs increased to around Rs 10.3 lakh crore, or 11.2 per cent of advances compared with Rs 8 lakh crore.

05 Jun 2018 3:52 PM

RBI's interest setting panel continues deliberations for 2nd day

Retail inflation, a key data for RBI, has remained above 4 per cent since November 2017.

05 Jun 2018 3:23 PM

India services PMI contracts in May; falls to 3-month low

Nikkei India Services Business Activity Index fell to 49.6 in May from 51.4 in April.

05 Jun 2018 12:20 PM

Reserve Bank of India to hold rates, but June hike now close call

GDP data showed Asia’s third-largest economy grew at its fastest pace in nearly two years in the January-March period.

05 Jun 2018 10:29 AM

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Oil, MSP may derail fiscal deficit plans

Niti Aayog estimates, the cost of 1.5 times MSP for 24 crops could be around Rs 1.15 lakh crore.

05 Jun 2018 9:00 AM

Analysts divided ahead of RBI’s policy meeting

ANZ also changed its rate-hike view, seeing a 25 bps increase on June 6, to 6.25 percent, and another such one in August.

05 Jun 2018 2:17 AM

Oil prices dip as Opec mulls higher output

US crude production climbed to 10.47mbpd in March.

05 Jun 2018 2:12 AM

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