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HSBC on Monday announced the appointment of Jayant Rikhye as the chief executive officer for India. (Photo: Jayant Rakhiye| Linkedin)

Jayant Rikhye appointed as HSBC CEO for India

Rikhye succeeds Stuart Milne, who is also a Group General Manager, after five years in the role.

23 Oct 2017 1:33 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

'Many issues on GSTN sorted, effort on to make it hassle free'

GoM in the next meeting will decide on the future course of action with regard to the IT network.

23 Oct 2017 12:57 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Fiscal deficit of 3.2 per cent seems not difficult in FY18: SBI report

The report also noted that the government will able to meet the disinvestment target for the first time since 2009-10.

23 Oct 2017 11:10 AM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Some rejig in GST rate structure required: Adhia

The GST Council has been working on measures like the composition scheme to make things easier for small and medium...

23 Oct 2017 9:36 AM IST

Reserve Bank of India

Additional Rs 40,000 crore NPAs may come to haunt banks

According to estimates, total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

23 Oct 2017 4:34 AM IST

Revenue Secretary Hasmukh Adhia (Photo: PTI)

Some rejig in GST needed, says Revenue Secy Hasmukh Adhia

The GST Council has already rationalised the rates on over 100 commodities, and made the refund process a lot easier for...

23 Oct 2017 12:58 AM IST

A canoe is operated by Island Tourism Kadalundi in the river.

Indian tourism industry holds potential to grow by 2.5 pc: study

Total contribution of travel & tourism to Indian GDP was USD 208.9 billion, 9.6 per cent of GDP in 2016.

22 Oct 2017 4:43 PM IST

Revenue Secretary Hasmukh Adhia (Photo: PTI)

GST rate structure needs complete overhauling: Hasmukh Adhia

GST Council has rationalised rates on over 100 commodities and made refund process easier for exporters.

22 Oct 2017 1:46 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs infuse USD 2 billion in debt markets this month

FPIs however pulled out Rs 3,408 crore from equities on account of profit booking during this period.

22 Oct 2017 1:40 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 12:32 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

MFs pump $12 billion in equities, outshine FPIs' investment

During August-September, fund managers lapped up shares to the tune of over Rs 35,000 crore.

22 Oct 2017 12:27 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's GVA growth may rise to 6.3 pc in Sep quarter: Nomura

For this financial year Nomura expects a GVA growth of 6.4 per cent, slightly lower than the RBI's forecast of 6.7 per...

22 Oct 2017 11:17 AM IST