Business
Global Stocks Skid, Safe-haven Assets Jump as US Strikes Syria
Stocks slumped and safe haven bonds and the yen jumped in Asia on Friday after the United States launched cruise missiles against an airbase in Syria, potentially escalating the conflict and spooking investors globally.
Govt Should Remove Transaction Charges on e-Payments: Traders
The government should remove transaction charges on e-payments for the faster adoption of digital payments in the country, the Confederation of All India Traders (CAIT) said on Thursday.
Sensex Trips 122 Points Ahead of RBI Policy Meet
Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 points in early trade on Thursday while Asian cues were muted on overnight losses in the US.
Want to Save Tax? Fake Rent Receipts Won't Help Anymore
People using fake rent receipts to save on income tax may be in for some trouble now.
Truck Owners Begin Indefinite Strike to Protest 50% Hike in Insurance Premium
Truck owners began an indefinite strike from Saturday to protest mainly against the proposed 50 percent hike in the third party insurance premium, amid apprehensions that the protest could lead to upply disruption and raise commodity prices in the coming...
Petroleum Products Will Come Under GST, Says Dharmendra Pradhan
Petroleum Minister Dharmendra Pradhan on Monday pitched for petroleum products to be included in the purview of the Goods and Services Tax as the GST Bills were tabled in Parliament.
Sensex Skids 184 Pointss, Nifty Goes Below 9,100, RIL Tanks
Equities started the week on a dull note as the Sensex on Monday tumbled over 184 points to end at 29,237, weighed down by heavyweight RIL, which tanked after Sebi banned the company from equity derivatives trading for one year.
4G Contributed 60% of Incremental Data Traffic in 2016: Nokia Survey
High-speed mobile broadband technology 4G drove data traffic across India in 2016, making up 60 percent of incremental data volumes, according to a Nokia study.
India Notifies Amended Tax Treaty with Singapore
The government on Thursday notified the amended India-Singapore tax treaty under which capital gains tax will be levied at source of investments with effect from April 1.
Lok Sabha Completes Budgetary Exercise After Passing Finance Bill
The amendments to the Finance Bill include a provision to cap legal cash transactions at Rs 2 lakh from April 1 got approval. The bill had originally proposed the cap at Rs 3 lakh.
Hoping to Implement GST From July 1: Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that the government was hoping to implement the Goods and Services Tax (GST) by July 1, after the enabling Bills get Parliament nod in the current budget session.
Sensex Plunges 222 Points in Early Trade on Global Cues
The benchmark BSE Sensex declined further by about 222 points to 29,263.74 and the NSE Nifty slipped below the 9,100-mark in early trade on Wednesday due to selling in pharma, auto and oil stocks.
I&B Secretary Promises Stringent IPR Regime
"We have already received a report by a committee chaired by Shyam Benegal about the working of Central Board of Film Certification (CBFC). The matter is now being considered by the government and soon some of the major concerns that have been expressed w...
Cognizant Likely to Fire 6,000 Workers as Part of 'Regular Appraisals'
Information Technology firm Cognizant may fire as many as 6,000 employees this year, Economic Times reported, citing sources it didn’t identify.
Idea-Vodafone Merger Creates India’s Biggest Telecom Company with 395 mn Customers
Idea Cellular Ltd and Vodaphone India announced a merger on Monday. The new merged entity is now the largest telecommunication company in India.
New Cruise Shipping Policy Will Make India Global Hotspot: Nitin Gadkari
A policy is in the works to make India a global destination for cruise shipping and efforts are on to identify such circuits, besides a slew of steps, to boost infrastructure, Union Minister Nitin Gadkari has said.
