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The other banks which reported large number of frauds to the apex bank during the period include Axis Bank (189), Bank of Baroda (176) and Citibank (150). (Representational Image)

Rs 13-cr GST fraud busted after multi-city raids by UP STF, sales tax...

According to officials, the accused firms, RoundPay Techno Media and RoundPay Voice Tech, were both registered at same...

14 April 2019 11:52 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.

Investments from Mauritius on the rise

The inward investments from Mauritius have been growing in the past two years, despite the amendment being partially in...

13 April 2019 1:44 AM IST

Net sales for the quarter climbed 19.1 per cent to Rs 21,539 crore from Rs 18,083 crore in the same quarter last year.

IT majors usher in earnings season with strong numbers

The company's revenue grew 18.5 per cent in the quarter to Rs 38,010 crore from Rs 32,075 crore in the corresponding...

13 April 2019 1:43 AM IST

UDAN is a cheaper flights scheme.

UDAN opens less explored tourist destinations

The scheme has stimulated air connectivity between destinations in a distance of up to 800 km.

13 April 2019 1:35 AM IST

In 2018, the hotel industry saw 134 new hotels with a total 7,215 keys getting opened.

Over 8,500 keys to be added in hospitality sector this year

The investment transactions in the industry is expected to more than double in 2019 as the volumes had hit 18-year low...

12 April 2019 2:00 AM IST

Consumers cite out-of-stock merchandise, difficulty finding an item, and unclear pricing. (Photo: Pixabay)

Consumers happy to share personal data for benefits

Privacy may still be of paramount importance for a significant majority of Indian consumers.

12 April 2019 1:59 AM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

Anomaly of ITC under CGST Sec 49A corrected

The sequence of Integrated GST credit utilization has now been changed by introducing Rule 88A.

12 April 2019 1:59 AM IST

Manish Thapliyal

Power has shifted from brands to consumers'

A sought-after person in the advertising filed, Thapliyal has been a brand custodian of brands like Voltas, Schnider...

12 April 2019 1:58 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks close FY19 with 13.2 per cent credit growth

For FY18 bank credit had grown by 10.5 per cent to Rs 86.25 lakh crore while the deposit growth was a mere 6.7 per cent...

12 April 2019 1:58 AM IST

The launch of Real Estate Investment Trust is expected to further attract investments in commercial properties going forward.

Big business houses get into real estate business

Birla Estates is a wholly owned subsidiary of Century Textiles and Industries.

12 April 2019 1:58 AM IST

Taxmen to pursue aggresive strategies to nab people not filing returns.

Govt extends last date for filing final sales return for March till...

The GST Council also needs to have a 'Plan-B' for a swift and smooth GST compliance network.

11 April 2019 8:47 AM IST

Union Minister Arun Jaitley. (Photo:ANI)

Jaitley addresses global investors on reforms, economic outlook

Among others, RBI Governor Shaktikanta Das is also slated to attend the IMF-World Bank meetings.

11 April 2019 8:42 AM IST