Business

Full GST Implementation Must To Avoid Tax Revenue Underperformance: IMF

In emerging markets, fiscal policy is appropriately focused on consolidation, says IMF.

Washington: India, which has recovered from disruptions caused by demonetisation and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid tax revenue underperformance resulting in cuts to capital expenditures, the IMF said today.

I

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Sensex Set For Longest Winning Run In 10 Years: 10 Updates

The Sensex is set to register its longest winning streak for since early October 2007

The BSE Sensex rose as much as 110 points on Wednesday, supported by gains in FMCG stocks. If the Sensex finishes the session in the green, it would mark the longest winning streak for the 30-scrip BSE index since early

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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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SBI India's Most Trusted Bank, ICICI Tops In Private Sector: Report

51 brands from the BFSI sector got listed among the 1,000 most trusted brands.

New Delhi: At a time when the banking sector in the country is going through a topsy-turvy phase, the TRA Brand Trust Report 2018 on Wednesday said the State Bank of India was the most trusted bank (both public and private sector) in the country and ICICI Bank topped the
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Akshaya Tritiya 2018: Sovereign Gold Bond Scheme Open For Subscription

Akshaya Tritiya 2018: Sovereign Gold Bond Scheme, 2018-19-Series-I is open for subscription.

Today is Akshaya Tritiya and many people consider it auspicious to buy gold on this day. If you don't want to buy gold in physical form,
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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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Design The BharatNet Logo And Win Rs 50,000; Here's How

The winner of BharatNet Logo contest will be given a cash award of Rs 50,000.

The Department of Telecommunications (DoT) has come up with a design contest for “BharatNet Logo” and has invited citizens to participate, according to
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Akshaya Tritiya: SBI Offers Discounts, Cashback On Gold Jewellery

Akshaya Tritiya: SBI is offering discount and cashback on gold/diamond jewellery, among others

On the occasion of Akshaya Tritiya 2018, SBI or State Bank of India is offering discounts and cashback on select jewellery brands.
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Kolkata: The National Company Law Tribunal's (NCLT) Kolkata bench on Monday approved Vedanta Ltd's resolution plan for the insolvent Electrosteel Steels Ltd, one of the 12 large corporate defaulters identified by the Reserve Bank of India.

During the insolvency proceedings, the debt-laden company's resolution professional, Dhaivat Anjaria, had

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Offers From Amazon, Flipkart, Snapdeal, Caratlane On Akshaya Tritiya

Akshaya Tritiya 2018: Flipkart is offering bangles, necklaces, earrings, rings, chains, pendants etc.

When almost everything is available online today, why should gold be left behind - especially on a day when people flock to buy
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RBI Clarifies No Cash Shortage, Says Printing Of Notes Also Ramped Up

There is sufficient cash in the RBI vaults and currency chests, the central bank said.

The Reserve Bank and the government have assured the public that there is no currency shortage. "Unusually large cash withdrawals" have lead
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CBI Files Case Against 3 Companies' Officials In Rs 621-Crore Fraud

The CBI official said searches were carried out at various places

New Delhi: The CBI on Tuesday said that it had filed a fresh case against the directors of three companies on the charge of cheating a consortium of five banks led by the Punjab and Sindh Bank to the tune of Rs 621 crore. A Central Bureau of Investigation (CBI) official said that a
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How To Buy Sovereign Gold Bonds Online Through SBI Account

SBI has announced special offers on gold jewellery buying through its debit cards.

Buying gold on Akshaya Tritiya is considered auspicious by many people. To give more options for investors to buy gold, the government has
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China's Fosun Joins Race To Buy Cash-Strapped Fortis Healthcare

Fortis received its first takeover bid last month from Manipal

India's cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese conglomerate the fourth suitor
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Geneva: India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization for U.S. steel and aluminium tariffs, documents filed to the WTO showed on Tuesday.Like the EU and China, India said it regarded the US tariffs as "safeguards" under the WTO rules, entitling it to ask for
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Sensex Snaps 9-Day Winning Streak, Banking Stocks Drag

Sensex and Nifty erased early gains to end lower today

Sensex and Nifty erased early gains to end lower today, snapping a nine-session winning streak. The Sensex ended 63 points lower at 34,331 while the Nifty settled at 10,526,
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GoAir Offers Domestic Flight Tickets At Rs 1,608. Details Here

GoAir is offering domestic flight tickets starting at Rs 1,608 from Ahmedabad to Mumbai.

GoAir airline is offering domestic flight tickets starting at an all-inclusive price of Rs 1,608 under its 'Low Fare Wednesday' offer, according to the official website of GoAir - goair.in. Customers willing to avail GoAir's
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BSNL Announces New Data and Call Offers. Details Here

BSNL is also offering ADSL wifi modem for Rs 1,250

State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has come up with lucrative offers to attract more customers to its platform amid aggressive competition from
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Gold Rate Rises Marginally On Akshaya Tritiya Today: 10 Things To Know

Gold prices have risen by over 9 per cent since the last Akshaya Tritiya

On a day marked with the Akshaya Tritiya festival, gold prices in Delhi rose by a marginal Rs 30 per 10 grams. Gold prices in the national capital rose by Rs 30 to Rs 32,380 per 10 grams at the bullion market, news agency Press Trust of

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Sensex Edges Higher, Rupee Falls To 7-Month Low Against US Dollar

On Tuesday, the Sensex and Nifty ended higher for a ninth straight session

The Sensex and Nifty today edged higher, tracking higher global markets and buying in metal and pharma stocks. The Sensex was up 53 points at 34,448 while
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National Pension System (NPS) Features, Interest Rates Explained

NPS seeks to inculcate the habit of saving for retirement amongst the citizens.

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum
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Should You Buy Gold On Akshaya Tritiya Today Here's What Experts Say

Akshaya Tritiya 2018: Experts advise small allocation towards gold as hedge towards volatility.

Making fresh investments in gold or other precious metals is considered auspicious on Akshaya Tritiya. But returns from gold in the
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Salil Parekh didn't get much time to settle in after taking over the helm of Infosys Ltd. Since becoming chief executive officer in January, the 53-year-old has crisscrossed three continents to meet with customers and employees to get his hands around the challenges facing India's iconic tech-services giant. He talked with 48 clients in his first
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Jet Airways Offers Up To 30% Discount On Select International Flight Tickets

Jet Airways sale on international flight tickets is valid for travel starting from October 2018.

Jet Airways is offering up to 30 per cent discount on select international flight tickets, the company said on Tuesday. The
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AirAsia Offers Big Discounts On Flight Tickets. Details Here

The travel period of AirAsia India's offer ends on October 31

AirAsia is offering up to 60 per cent discount on base fares of all international flight tickets under a promotional sale offer. An additional discount of up to 20 per
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Gold Prices Slip Today Amid Positive US Data

Gold price today: Positive US macro data weighed on the prices of the precious metal.

Gold prices slipped early Wednesday while the dollar held its gains on the back of upbeat March US housing starts and industrial production
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RBI Clarifies There Is No Cash Shortage, Sufficient Money In Cash Chests

Printing of the notes has been ramped up in all the 4 note presses, said RBI

Brushing aside the reports of cash crunch in the ATMs of at least six states, the Reserve Bank of India (RBI) clarified on Tuesday evening that there is no cash shortage. "It has been reported in a section of the media that there is shortage
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Airtel's New Offers: Rs 249 New Plan, Rs 349 Plan, 30GB Free Data Offer

Airtel's Rs 649 postpaid plan offers 50 GBs of 3G/4G with data rollover facility

To offer more benefits to subscribers amid aggressive competition in the telecom sector, Bharti Airtel recently announced a bouquet of offers for
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PF Account Withdrawal: New Rules Announced For Filing Claims

EPF account claims can be submitted both online and offline mode.

EPF or employee provident fund withdrawal claims above Rs 10 lakh don't have to be filed online. Retirement fund body EPFO or Employees' Provident Fund Organisation has recently revised some of its rules related to provident fund claims. The EPFO has nearly six crore subscribers and
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Cane Arrears In India Could Hit $3.8 Billion As Prices Tank

Record output has sent domestic sugar prices down by a quarter in the past year

Mumbai: Cane arrears in India could leap to a record Rs 25,000 crore ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters. The record
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