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All the new aircrafts inducted by Indigo will be A320-neo; which will be 10-15 per cent more fuel efficient than its predecessors.

Jet Airway's misfortune seems a boon for rivals

For the quarter Q4FY19, airlines saw an increase in yields coupled with a stark increase in their capacities.

28 Jun 2019 1:44 AM IST

$In \Adventures of the GST Man\, author Srinivas Kotni uses a fictional superhero to answer questions that one may have on GST.$ Business

Comic book 'Adventures of the GST Man' to demystify GST rules

Srinivas Kotni says he wanted to simplify understanding of GST and make it exciting by using caricatures and cartoons.

27 Jun 2019 3:34 PM IST

A shopkeeper waits for customers at a store in New Delhi Saturday, after the rollout of GST. (Photo: PTI)

FSSAI calls for visible labelling of packaged foods

India has been planning rules requiring food manufacturers to display fat, sugar and salt content on their labels.

27 Jun 2019 12:11 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

G&J sector wants gold duty to be 4 per cent

GJC has further asked to lower the commission on credit card transactions.

27 Jun 2019 1:49 AM IST

Almost half the downgrades by ICRA in FY18 were induced by the weakening business position of entities.

No duty gains to tyre firms

Now experts at ICRA felt that this duty imposition will not have significant impact on tyre demand for domestic tyre...

27 Jun 2019 1:44 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.

Rise in investors demanding unclaimed money

The Ministry of Corporate Affairs (MCA) expects to receive 24,000 claims this year against just about 2,000 two years...

27 Jun 2019 1:41 AM IST

The increase is sharper in eastern states like West Bengal and Assam where 40 per cent of the portfolio has average ticket size of more than Rs 60,000.

Rising exposure of MFI loans per lender worries industry

Industry observers are concerned about this leading to higher levels of defaults in the event of unforeseen...

27 Jun 2019 1:39 AM IST

The central bank also clarified that the data can only be shared with the foreign regulators after its approval.

Data related to payments to be stored only in India

RBI says data processed abroad to be brought in 24 hours & deleted.

27 Jun 2019 1:35 AM IST

The ubiquitous sight of people defecating in the open continues to repulse Mumbaikars. (Photo: Shripad Naik)

Inflation pinches much less for expats than average Indian

Mumbai continues to be the most expensive city for expats in India and Kolkata is the cheapest, claims a study.

26 Jun 2019 6:30 PM IST

The study shows employees can compensate for an ambivalent relationship with their boss if they have a good relationship with others. (Photo: Pixabay)

Kolkata IT employees plan to form trade union

FITE has already applied for registration as proposed trade union for IT, ITeS, BPO and KPO industries operating in West...

26 Jun 2019 3:46 PM IST

Prime Minister Narendra Modi addresses the media as he arrives to attend the Budget Session of the 17th Lok Sabha at Parliament House in New Delhi on Monday. (Photo: SONDEEP SHANKAR)

Job creation, agriculture to be in focus? RSS-affiliates convey...

In the Budget 2019, Modi government will focus on making the economy more powerful.

26 Jun 2019 1:30 PM IST

The tax for the real estate has gone up from 12 per cent to 18 per cent.

PE investment in real estate up 26 pc at Rs 28,000 cr during Jan-Jun...

PE inflows from foreign investors increased 28 per cent during the first six months of the 2019 calendar year.

26 Jun 2019 1:20 PM IST