Business
Impact of GST on Real Estate
From the point of view of consumers, the impact of GST on the real estate sector will hinge on its effective implementation rate.
IMF Trims India's Annual Growth Forecast by 0.4% Percent to 7.2%
The IMF on Tuesday trimmed India's annual growth forecast by 0.4 percentage points to 7.2 per cent for 2017, citing the impact of demonetisation.
Govt Should Not Allow More Sugar Imports, Says NFCSF
The Centre should not allow additional raw sugar imports as that will adversely impact wholesale prices and mills' ability to make sugarcane payments to growers, cooperative sugar mills body NFCSF said on Monday.
Petrol, Diesel Prices to Change Every Day From May 1 in Five Cities
Come May 1, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets.
Sensex Retreats For 3rd Day Ahead of Earnings Numbers
The Sensex resumed higher and advanced to the day's high of 29,831.32, but later slipped before ending down 130.87 points, or 0.44 per cent, at 29,575.74, its lowest closing since March 29.
Sending Couriers Abroad the New Way to Cash in Demonetised Notes
The customs department has unearthed a new modus operandi of sending demonetised Rs 500 and Rs 1,000 notes abroad by courier in a bid to get them converted later.
Islamic Banking in India? No Deadline Set Yet, Says RBI
No deadline has been set for the introduction of Sharia or interest-free banking in India, the Reserve Bank of India (RBI) has said.
Parliament Passes Four Bills to Pave Way For GST Rollout
Parliament on Thursday passed four legislations to pave the way for roll out of the historic Goods and Services Tax (GST) from the target date of July 1.
101 Indians on Forbes Billionaires List; Paytm's Vijay Sharma, Patanjali's Balkrishna New Entrants
he Bull Run in Indian stock market has helped Indian billionaires expand their fortunes even as 17 new faces have made it to the 2017 Forbes World’s Billionaires List, taking the total number to 101 from 84 last year.
Rupee Sheds 18 Paise Against US Dollar
The rupee depreciated 18 paise to 65.05 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on fresh demand for the American unit from importers and banks.
Sensex Ends at a New Peak of 29,974, Maruti Leads Rally
The BSE 30-share index hit a high of 30,007.48 in intra-day trade, but slipped to 29,817.69 before settling at 29,974.24, up 64.02 points or 0.21 per cent.
India, Britain Talk Up Post-Brexit Trade Prospects
India and Britain on Tuesday talked up their prospects of developing a new trading relationship, as their finance ministers met to prepare for the United Kingdom's exit from the European Union.
'FIPB Approval For Aircel-Maxis Deal Done in Normal Course of Business'
Congress leader P. Chidambaram has denied wrong doing in the Aircel-Maxis case, after reports emerged on Monday that BJP leader Subramanian Swamy had told the Supreme Court that the CBI was probing “all angles” in the case including Chidambaram’s role in...
RBI to Keep Rates Unchanged, Next Move Likely a Cut: Reuters Poll
The Reserve Bank of India (RBI) will keep interest rates unchanged at its meeting on Thursday and as inflation is below target while borrowing costs are more likely to fall than rise, a Reuters poll found.
Rupee Gains 8 Paise Against US Dollar in Early Trade
Continuing its uptrend, the rupee firmed up by another 8 paise to 64.77 against the US dollar in early trade on Monday on increased selling of the American currency by exporters and banks.
ISRO Embraces Private Sector, Outsources Satellite Manufacture
The Indian Space Research Organisation (ISRO) has crossed a new threshold, engaging for the first time a private sector industry to make a full multi-crore, heavy duty satellite.