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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.

GST Council to consider rate cut on items with low revenue impact on...

Government earned Rs 7.41 lakh crore from the tax since its roll out in July.

11 July 2018 4:11 PM IST

Narendra Modi and South Korean President Moon Jae-in

India, South Korea aim to more than double trade to USD 50 bn

Bilateral trade between the world's seventh and 11th largest economies rose by nearly a quarter to $20.8 bn.

11 July 2018 8:48 AM IST

If there was 6.9 per cent growth, that would top Chinas 6.8 per cent annual pace for October-December. (Photo: File/Representational)

India Inc expects 12.8 per cent growth in revenue: Study

The pick-up in volumes is expected to have sustained in both consumption-and commodity-linked sectors.

10 July 2018 5:38 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI Cards plans to launch 4 new products this fiscal

Last year, the card issuer launched four products, including a Doctor's SBI Card.

8 July 2018 6:10 PM IST

Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

PSU banks plan to raise over Rs 50,000 crore equity capital in FY19

Leading the pack is the Central Bank of India, which has already got shareholders' approval.

8 July 2018 3:11 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

19.83 per cent growth in revenue collections in Q1 of this fiscal

In the first quarter of the 2017-18 fiscal, the state achieved revenue of Rs 13,374.25 crore.

7 July 2018 11:51 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Bank credit grows at 12.84 per cent, deposits at 7.59 per cent

Loans to industry rose by 1.4 per cent in May 2018, against a contraction of 2.1 per cent in May 2017.

5 July 2018 7:07 PM IST

Trump administration in the WTO alleged that export incentives were harming American companies.

WTO sees signs of trade tensions starting to affect global economy

WTO analysis found that G20 countries introduced 39 new trade restrictions between mid-Oct last year and mid-May this...

5 July 2018 8:40 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank aims to grow home loan book to Rs 2 trillion by FY20

At Rs 1.5 trillion, the mortgage loan-book is half of the bank's overall retail loan portfolio of around Rs 3 trillion,...

4 July 2018 7:12 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

IT Department expedites clearance of pending issue of refunds

More than Rs 70,000 crore of refunds have been issued to the taxpayers as a result of the special drive.

4 July 2018 2:08 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI issues license to Bank of China for operations in India

The decision was based on the commitment made by Prime Minister Narendra Modi to the Chinese leadership.

4 July 2018 2:03 PM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

India services activity in June expands at fastest pace in a year: PMI

A strong improvement in demand also encouraged firms to hire at a faster pace than in May.

4 July 2018 11:18 AM IST