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  Business   Economy  19 Jun 2017

Business, Economy, 19 Jun 2017

Cement sector to see 5-6 pc CAGR for next 3 fiscals: Crisil

Demand of cement will double to 48 million tonnes (MT) over the next three fiscals

19 Jun 2017 8:21 PM

PFRDA to update contact details of NPS subscribers

NPS is the government's flagship social security scheme.

19 Jun 2017 8:00 PM

NPA resolution: PMO takes stock of progress

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh cr is on the books of PSBs.

19 Jun 2017 7:11 PM

RBI move on insolvency proceedings credit positive: Moody's

RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.

19 Jun 2017 6:45 PM

Monsoon to good news for rural demand, RBI may cut rate: BofAML

Despite inflation moderating sharply in April, the Monetary Policy Committee had decided to leave policy rates unchanged on June 7.

19 Jun 2017 5:54 PM

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'Don't rush for GSTIN; provisional ID will suffice initially'

Govt has done away with requirement of verification of registration through digital signature.

19 Jun 2017 5:11 PM

Modi govt ropes in Amitabh Bachhan to promote GST

A 40-second video featuring him has already been shot and is being circulated.

19 Jun 2017 4:01 PM

Govt may link Aadhaar with property records; to expose benaami owners

It will easily reveal if the owner is a benami owner and ensure easier access to bank loan provisions and crop insurance for farmers.

19 Jun 2017 2:06 PM

Ambiguity on e-way bills under GST; border check-posts to exist

The e-way bill which is crucial to the ‘one nation, one tax’ idea of GST has been a matter of debate.

19 Jun 2017 11:45 AM

Loan defaulters: IDBI starts insolvency proceedings against Lanco Infratech

Lanco Infratech is among the 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore.

19 Jun 2017 10:39 AM

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Coal strike over merger of CMPF and EPF put on hold for 3 months

The unions have been opposed to the merger of the Coal Mines Provident Fund (CMPF) with the Employees Provident Fund (EPF).

19 Jun 2017 10:03 AM

Bandhan Bank to come up with 160 branches more to reach its 1000 mark

Bandhan Bank currently has 840 branches spread across different states in the country and aims to open 160 branches more.

19 Jun 2017 9:40 AM

GST Council sets tax rates for lotteries, hotels

GST on restaurants in regular hotels will be at par with other air-conditioned restaurants.

19 Jun 2017 9:04 AM

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