Business
It’s Time to File Income Tax Returns: 8 Documents You Need to Make the Process Simple
If you are filing your income tax return for the first time, or if you find the process confusing in general, we have compiled a list of documents that you should collect before starting the process to cut the hassles and file ITR online within minutes.
Pakistan's Economic Growth Falls to 3.29 per cent in FY19
The government unveiled the Economic Survey 2018-19 — a report card displaying all economic indicators and how the Imran Khan government performed in its first year in power.
India Calls on G-20 Nations for Early Solution on Taxing Digital Companies
Addressing the two-day meeting of the G-20 finance ministers and central bank governors in Fukuoka, Japan, Finance Minister Nirmala Sitharaman noted the urgency to fix the issue of determining right nexus and profit allocation solution for taxing the prof...
Countries Must Have Sovereign Right to Use Data for Welfare of People: Piyush Goyal at G20 Meet
Commerce and Industry Minister Piyush Goyal said that Digital India, Start up India, Aadhaar are some of the major initiatives in the country that promote economic inclusivity, using digital platforms.
RBI Waives off RTGS, NEFT Charges to Boost Digital Movement of Funds
Currently, RBI levies minimum charges on banks for transactions routed through RTGS and NEFT systems. Banks, in turn, levy charges on their customers.
RBI Acknowledges Slowdown, Lowers GDP Projection Third Time in a Row
RBI's Monetary Policy Committee delivered a third consecutive rate cut in five months in an effort to boost credit growth and revive the sluggish economic activity in the country.
D-Street Bets on Rate Cut in RBI’s First Policy Meet After Modi Govt 2.0 Takes Charge
Amid slowing GDP and markets in stress ever since the IL&FS defaulted, analysts are expecting at least 25 basis points reduction in the policy repo rate.
Coal India Shares Rise 1% After Company Says Coal Output Fell 1.1% in May
The Coal India stock has also seen an upward momentum after the company posted stellar set of numbers for the March quarter due to strong realisations.
Cholamandalam Raises $222 Million From IFC, Other Foreign Investors
IFC, in a statement, said that it has contributed $92 million of the total of $222 million, while the rest has come from First Abu Dhabi Bank ($50 million), MUFG Bank Ltd ($50 million), National Bank of Ras Al-Khaimah PJSC ($20 million) and CTBC Bank Comp...
Beer Brand Bira 91 Raises $4.3 Million from VC Firm Sixth Sense Ventures
The company has to date raised close to $74 million in equity financing. Sequoia Capital is its largest single investor.
Rupee Rises 15 Paise to 69.72 Against Dollar in Early Trade
The rupee opened strong at 69.78 at the interbank forex market then gained further ground to touch 69.72 per dollar, displaying gains of 15 paise against the greenback.
Task Force on Direct Tax Laws to Submit Report by July 31
With this extension, the direct tax panel may submit its report after the presentation of full Budget for 2019-20.
RBI Tweaks Norms on Voluntary Retention Route Investment by FPIs
The central bank, in consultation with the government and Securities and Exchange Board of India (Sebi), had introduces a separate channel, called the VRR, to enable FPIs to invest in debt markets in India.
Reliance Capital Surges 6% After Selling Stake in Mutual Fund Business to Nippon Life
Reliance Capital will sell its entire 42.88% stake to Nippon Life Insurance of Japan and other financial investors in the joint venture.
Markets Turn Negative After Touching Record Highs on BJP Show; Sensex Ends 299 Pts Lower
During the day, the Sensex hit the 40,000 mark while the Nifty crossed the 12,000-level for the first time ever.
IndiGo Crisis: Are Markets Reading Too Much into Rahul Bhatia-Rakesh Gangwal Rift?
Despite facing setbacks recently such as the Pratt and Whitney engine issue and exits at the top level, IndiGo CEO assures that the growth strategy of the airline remains unchanged and firmly in place.
