Category Archives: Business

Planning to travel after July 1? Everything you need to know on post-GST fares – Economic Times


Economic Times

Planning to travel after July 1? Everything you need to know on post-GST fares
Economic Times
Are you planning your holidays in July? Be ready to shell out more if you are travelling by train in an AC coach or by air in business class as the Goods and Services Tax (GST) is set to roll out on July 1. Travel for aam aadmi, however, will not get ...
Traders Body Demands Ombudsman For GST GrievancesNDTV
Centre, states will pay GST Network costsBusiness Standard
GST to benefit consumers, traders in long-term: Venkaiah NaiduThe Indian Express
Firstpost -India Today -ABP LIVE -ETAuto.com
all 401 news articles »

Amazon, Flipkart get breather as govt puts tax collected at source on hold – Business Standard


Business Standard

Amazon, Flipkart get breather as govt puts tax collected at source on hold
Business Standard
The government has given relief to e-commerce majors such as Amazon, Flipkart and Snapdeal, putting on hold a provision to deduct a one per cent tax collected at source (TCS). It also gave more time to small entities selling on an e-commerce ...
Govt's move to defer TCS under GST will help sellers: AmazonEconomic Times
E-commerce firms, TDS, TCS deductors get more time to prepare for GSTHindu Business Line
Ahead of GST rollout, govt postpones implementation of TDS, TCSInternational Business Times, India Edition
Daily News & Analysis -Zee Business -The Tribune
all 10 news articles »

Financial year likely to be changed from 2018; Budget in November? – Economic Times


Economic Times

Financial year likely to be changed from 2018; Budget in November?
Economic Times
NEW DELHI: Come 2018 and the financial year in India could commence from January instead of April as the Centre appears set to make the historic transition to end the 150-year-old tradition. Accordingly, the next Budget could be presented by the Centre ...
Better for govt to spend on health, education than on Air India: Niti Aayog CEO Amitabh KantMoneycontrol.com

all 4 news articles »

Record low bank credit growth in FY17: Report – Hindu Business Line


Record low bank credit growth in FY17: Report
Hindu Business Line
The record low bank credit growth of 5.1 per cent in FY17 was led by the top 1,000 listed corporates which saw their net loan outstanding decline by a whopping Rs. 1 trillion in the reporting year, said a report. One-third of this massive contraction ...

and more »

Raghuram Rajan was offered deputy governor’s post in RBI by YV Reddy – Economic Times


Economic Times

Raghuram Rajan was offered deputy governor's post in RBI by YV Reddy
Economic Times
NEW DELHI: Eminent economist Raghuram Rajan was initially offered the job of deputy governor in the Reserve Bank of India which he did not accept, and a decade later he joined the central bank as a governor. In his autobiography 'Advice and Dissent: My ...

and more »

Modi urges India’s GST implementation as textbook case in US B-schools – Business Standard


Business Standard

Modi urges India's GST implementation as textbook case in US B-schools
Business Standard
India's implementation of the "complex" Goods and Services Tax (GST) could be studied by US business schools, Prime Minister Narendra Modi has said, as he invited top American companies to invest in the country which has initiated major reforms.
PM Modi Launches India-Portugal International Startup HubInc42 Media
The business wrap: Narendra Modi invites US CEOs to invest in India, and seven other top storiesScroll.in
PM Modi Invites US CEOs To Invest In India, Says GST A Game-ChangerNDTV
Economic Times -Odisha Sun Times -Livemint -Times of India
all 1,881 news articles »

Banks may have to take 60% haircut on 12 largest NPAs: Crisil – Economic Times


Economic Times

Banks may have to take 60% haircut on 12 largest NPAs: Crisil
Economic Times
MUMBAI: The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning by a whopping 25 per cent this year as lenders will take up to 60 percent hair cut while resolving these accounts. "Based on our assessment of the embedded ...

and more »

Banks may have to take 60% haircut on 12 largest NPAs: Crisil – Economic Times


Economic Times

Banks may have to take 60% haircut on 12 largest NPAs: Crisil
Economic Times
MUMBAI: The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning by a whopping 25 per cent this year as lenders will take up to 60 percent hair cut while resolving these accounts. "Based on our assessment of the embedded ...
PSU Bank stocks lost up to 5% in last weekIndiainfoline
Banks' bad debts provisioning to rise 25% after RBI's tough action on top 12 defaultersNewsPatrolling (press release) (blog)

all 5 news articles »

Ways to reduce your risk when bank doesn’t compensate for theft from locker – Business Standard


Business Standard

Ways to reduce your risk when bank doesn't compensate for theft from locker
Business Standard
If you expect your bank to compensate you for losses in case of theft or burglary from your locker, you may be in for a shock. Banks are not liable to compensate you for such losses. This was revealed in an RTI (Right to Information) response by the ...
Ditch that bank locker, it's unsafe; there are better alternatives, choose from themFirstpost
RBI denies liability of locker safety: How to ensure safety of valuablesDeccan Chronicle
If You Thought Your Valuables Were Safe In Bank Lockers, You Need To Read ThisHuffington Post India
International Business Times, India Edition -Scroll.in -Calcutta Telegraph -Live Law
all 19 news articles »

Telangana land scam: Google, Microsoft, domestic companies affected by unclear land titles – Scroll.in


Scroll.in

Telangana land scam: Google, Microsoft, domestic companies affected by unclear land titles
Scroll.in
Investors are now acquiring land only from the government or corporate houses, as these have clear titles. by Scroll Staff. Published 2 hours ago. Telangana land scam: Google, Microsoft, domestic companies affected by unclear land titles Image credit ...
Microsoft, Google among global, local companies affected in Telangana real estate scam worth Rs 15000 croresIndia.com
Telangana's latest realty scam spooks investorsNewsBytes

all 6 news articles »