Business

GSTN Chairman Ajay Bhushan Pandey-headed panel comprises VAT commissioners of Karnataka, Gujarat, Telangana, and senior officials from the Department of Revenue and the CBEC.

The chamber said that PSU banks would bring down their employee cost to operation ratio, post re-capitalisation by the government, and fresh hiring may come down there as well.

As per reports, NAC is currently preparing its report for pay hike for 48 Lakh Central government employees, who are seeking their minimum pay hike and fitment factor to be adjusted above the recommendation made by the 7th Pay Commission earlier this year...

The open market operation (OMO) sale (worth 100 billion rupees) of government securities was withdrawn due to "recent market developments and based on a fresh review of the current and evolving liquidity conditions", the RBI said in a statement on Friday.

The upgrade comes after 13 years when India was last upgraded to Baa3 in 2004.

The BSE benchmark Sensex soared 414 points, or 1.25 per cent, to 33,520.82 in opening trade.

Airlines are not allowed to charge additional amount for correcting any error in the name of a passenger while booking a ticket, Civil Aviation Minister Ashok Gajapathi Raju said on Thursday.

Addressing the ASEAN Business Forum, the prime minister said India's 'Act East policy' puts the 10-member bloc at the centre of the country s engagement adding that most sectors of the Indian economy were made open for foreign investment.

The central bank said the decision was taken after considering "the wider and equal opportunities" available to all citizens to access banking and financial services.

In order to get out of the Zero credit score, you need to start using your credit card and ensure timely payments for the bills thereof. This shall especially be helpful if you are planning to apply for a loan in the near future.

Infosys Non-executive Chairman Nandan Nilekani saw a huge potential in the business relationship between U.S. and India in the wake of new start-ups emerging in the country.

The clash highlights the dilemma the government faces as it tries to promote local production through the "Make in India" campaign at the same time it faces resistance from some state buyers who need to procure goods as quickly and cheaply as possible.

Stating that around 2.24 lakh companies have been struck off till date for remaining inactive for two years or more, an official release said restrictions have been imposed on operation of their bank accounts as well as on sale and transfer of their prope...

Last week, India moved for the first time into the top 100 of World Banks Ease of Doing Business global rankings due to sustained business reforms over the past several years. Last year the report had ranked India at 130.

The newly inserted section 269ST in the Income Tax Act bans such cash dealings on a single day, in respect of a single transaction or transactions relating to one event or occasion from an individual.

The Minister urged all other manufactures to make use of coastal shipping for transporting goods "as this can be a key enabler for reduction of logistics cost for domestic and EXIM (Export-Import) trade of India".