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News >> Business
Petrol, diesel prices to change every day from May 1
  From May 1, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets.State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Co...
India needs young entrepreneurs to create more jobs: Nirmala
  India is looking for young entrepreneurs to build business houses and create more jobs, Commerce and Industry Minister Nirmala Sitharaman said on monday, asking business graduates to become fountainhead of commercially viable ideas."India needs sever...
No deadline for introduction of Sharia banking in India: RBI
  No deadline has been set for introduction of Sharia or interest-free banking in India, the Reserve Bank of India (RBI) has said.Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under ...
No estimates of undeposited black money in old notes: Govt.
  There is no official estimate of black money held in scrapped Rs 500 and Rs 1,000 notes that have been left undeposited with banks during the demonetisation period."There is no official estimation of the amount of black money in form of old Rs 500/10...
Rupee softens 11 paise against US dollar in early trade
  The rupee weakened 11 paise to 65.14 against the US dollar in early trade at the Interbank Foreign Exchange on increased demand for the American currency from importers and banks.Forex dealers said that increased demand for the US currency from impor...
SBI chief rules out spike in bad loans, post-merger
  State Bank of India ruled out a spike in bad loans following the mega merger that has catapulted the country's largest lender into the top 50 globally with close to USD 500 billion balancesheet on monday."Increase in NPAs is not necessary (post-merge...
GST: Tax evasion over Rs 5 cr a non-bailable offence
  Tax evasion of over Rs 5 crore under the GST regime would be non-bailable offence with the police having authority to make an arrest without a warrant.The Central GST (CGST) Act provides that if the offences relating to taxable goods and/or services ...
'Govt worry on lower tariffs inconsistent with policy'
  TRAI has rejected the Telecom Commission's contention of free offers by Reliance Jio playing havoc on finances of telecom companies saying its policies are aimed at promoting competition and lower tariffs that benefit consumers.The government, it emp...
Notes ban to spur economic activity: Govt
  The government's demonetisation move is set to augment the economic growth as interest rates have come down as a result of increased deposits in banks, Parliament was informed.It is noteworthy that the government is being targeted constantly from acr...
India home to 101 billionaires, Mukesh Ambani tops list: Forbes
  India is home to world's fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new list released by Forbes magazine. The Forbes list of the 'World'...
 
 
 
           
 
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