Business
Government to Crackdown on 17,000 Cos for Funneling Dirty Money after Demonetization
Moneycontrol.com reported that a government dossier, prepared by the government’s financial watchdog agencies, has identified 16,794 companies as the main conduits for funneling money after the demonetisation of high denomination notes last year.
Growth Data, Derivatives Expiry to Influence Equity Markets
According to market observers, investors' risk-taking appetite will also depend upon global cues, direction of foreign funds movement and any further development over divestment and consolidation of public sector undertakings.
Deadline to Link Aadhaar with Permanent Account Number Remains August 31
The government had mandated linking of PAN with Aadhaar by the extended deadline of August 31.
Nandan Nilekani Backs at Infosys Helm, Life Has Come Full Circle for Him
Nandan Nilekani, 62, who was CEO of the company between 2002 and 2007 and is credited as the architect of the world's largest biometric ID card programme Aadhaar, will take over as Chairman of Infosys.
GST - Last Date to File GSTR Tomorrow, 60 Lakh Businesses Expected to file 1st ever GSTR for July 2017
Approximately, ₹42,000 Crores of taxes including SGST, CGST, IGST, and cess on luxury goods, had been received from 10 Lakh businesses till 21st August as per officials.
Sensex Recoups 218 Points, Nifty Reclaims 9,800 in Early Trade
The 30-share index was trading higher by 218.19 points, or 0.70 per cent, to 31,477.04 with the sectoral indices led by oil & gas, metal, IT, consumer durables, teck, PSU, healthcare and auto leading the recovery.
Govt Coming up With Plan B to Resolve Bad Loans Crisis?
The government and the Reserve Bank of India have identified 12 biggest corporate defaulters which account for about 25% of total NPAs of around Rs 8 lakh crore.
Amrapali Looks to Monetise Land Bank, Rope in Co-developers
Amrapali group MD Anil Sharma assured home buyers that the firm's promoters "are not running away from the country" and the company intends to complete all its ongoing projects.
Merck, Under Armour CEOs Resign From Trump Council Over Charlottesville Violence
Frazier, who is African-American, is the only CEO so far to leave one of Trump's advisory councils because of his reaction to the violence in Virginia. Prominent Democrats and Republicans criticized Trump's response to the violence over the weekend.
Start Ups - How to Obtain a Bank Loan to Fund your Entrepreneurial Journey?
As a start-up entrepreneur, what can you do to solve the money problem? Can you get a loan from a bank? The Answer is Yes, so let’s delve on how a start up can obtain bank loan to solve their money issue and set things sailing.
GST Return - Last Week to File Your 1st Ever GSTR before Aug 20
In an attempt to make the GST rollout smooth and GST returns simple, the government of India has extended the filing of GSTR – 1 for July ‘17 to September 5th and GSTR – 2 for July ’17 to September 10th next month.
Economic Survey Sounds Cautionary Note on Farm Loan Waivers
The Economic Survey tabled in Parliament on Friday also said that a number of indicators — GDP, IIP, credit, investment and capacity utilisation — point to a deceleration in real activity since first quarter of 2016-17 and a further deceleration since the...
Sensex Firms up 61 Points on Fund Inflows
The 30-share index rose 61.11 points, or 0.18%, to 32,386.52. The gauge had gained 87.53 points in the previous session.
India Hopeful of Making Chabahar Port Operational by 2018
The Road, Transport, Highways and Shipping Minister Gadkari is in Tehran on Saturday to represent India at the oath taking ceremony of President Hassan Rouhani.
RBI Levies Rs 3 Crore Penalty on Union Bank for KYC Non-compliance
While in one case a penalty of Rs 2 crore has been imposed on Union Bank of India, Rs 1 crore has been slapped in another case.
SBI Cuts Saving Account Rate by 0.5% on Balance up to Rs 1 Crore
The State Bank of India, the country’s largest lender, has slashed interest on savings account deposits by 50 basis points to 3.5 per cent on balance up to Rs 1 crore, ahead of RBI's policy review this week.