Business
Banks Rush to Buy Cyber Security Cover as Digi Payments Rise
At a time when cyber threats are on the rise for banks for increasing cashless transactions and effects of demonetisation, insurers see rise in demand for cyber insurance and cyber liability insurance, in particular.
Rupee Furthers Rally, up 3 Paise in Early Trade
The local currency had ended 34 paise higher at a fresh 3-month high of 66.85 against the dollar.
Union Budget 2017: Allocation to Different Sectors
Capital and development expenditure on railways is 1,31,000 crore
Big Rural Push & Major Financial Reforms in Budget Ahead of Assembly Polls
FINANCE Minister Arun Jaitley’s Budget for 2016-17 focused on lifting up rural incomes and boosting infrastructure besides ushering in long-pending reforms in the financial sector like the abolition of the Foreign Investment Promotion Board (FIPB) to enab...
Agriculture Credit Raised to Record Rs 10 Lakh Cr in FY18
In a major thrust to agriculture, Finance Minister Arun Jaitley on Wednesday announced a Rs 1 lakh crore hike in the credit target for the next fiscal to Rs 10 lakh crore as part of the government's efforts to double farm incomes in the next five years.
UKIBC Expects Corporate Tax Cut in Forthcoming Budget
The UK India Business Council (UKIBC) and Confederation of British Industry (CBI) on Monday asked Arun Jaitley to announce steps to make tax regime more predictable in the forthcoming Budget.
Sensex Trips 35 Points on Profit-Booking, Global Cues
The benchmark Sensex fell almost 35 points in early trade on Monday as investors took profits from recent gainers amid mixed Asian cues.
GST Protest: 70,000 Tax Officers to Wear Black Bands to Work From Today
The associations representing them said the decisions are heavily tilted towards the states which is not good for the sovereign function of the Centre to levy and collect taxes.
BSNL's Losses Narrow to Rs 4,890 Cr In April-Dec 2016
State-owned BSNL's losses have narrowed to Rs 4,890 crore for the nine months ended December 31, 2016, from Rs 6,121 crore in the year-ago period.
Efficiencies Make HDFC Bank Staff Count Drop by 4,581 in Q3
Country's second biggest private lender HDFC Bank has rationalised its staff by 4,581 employees in a single quarter courtesy efficiencies in the system and lower hiring.
Budget 2017: Decision on Providing Stimulus a 'Major Dilemma' For Jaitley, Says Fitch's India Unit
India Ratings & Research, the Indian unit of the Fitch Group, has said that the major dilemma facing Finance Minister Arun Jaitley will be whether to provide a fiscal stimulus to offset the effects of Demonetisation.
Supreme Court Dismisses PIL, Union Budget to be Presented as Scheduled on February 1
The Supreme Court on Monday rejected a PIL which sought the postponement of the Union Budget in view of Assembly elections in five states. The Budget will be presented as scheduled on February 1.
GDP May Slow Down if GST Implemented in Hurry: Tax Officials to FM
Claiming that demonetisation has affected country's growth, a major central revenue body has asked Finance Minister Arun Jaitley not to implement Goods and Services Tax (GST) in a hurry and threatened to take legal recourse in case their concerns are not...
New DDA Housing Scheme Likely to be Launched in Feb
Delhi Development Authority's new Housing Scheme with 12,000 flats on offer is now likely to be launched next month, with the delay being blamed on "lack" of basic infrastructure in "few pockets" falling under the scheme.
Some of The Major Deals in The Indian Insurance Sector
India’s insurance sector is fast growing with several major deals
TCS Names Rajesh Gopinathan as New MD After Chandrasekaran Elevation
The country's largest IT services firm Tata Consultancy Services (TCS) on Thursday named Rajesh Gopinathan as its new MD and CEO, after N Chandrasekaran elevated as Chairman of Tata Sons — the group's holding company.