Business news

india, commodities exchange, nmce icex merger

NMCE-ICEX merger to create India's 3rd largest commodity exchange

ICEX shareholders will hold 62.8 percent stake and NMCE shareholders, 37.2 percent, in ICEX, post merger.

Jul 3, 2017

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GST impact: Fears of prices rising are "misplaced", says Shaktikanta Das

Don't pick up 5 items and say prices have gone up, says former economic affairs secretary on GST

Jul 2, 2017

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GST impact: Consumer durables burden may not be passed on to consumers

The consumer durables industry expects only a marginal price revision despite highest tax slab of 28%

Jul 2, 2017

GST, 7th Pay Commission can buoy up headline inflation

Over time, GST can help lower inflation if tax cuts are passed on to consumers, and the input tax credit mechanism works smoothly.

Jul 2, 2017

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GST impact, global cues to set market trajectory

Besides GST rollout, key macro-economic data points like the eight core industries (ECI) figures, external debt and fiscal deficit data will influence the domestic equity markets in the upcoming week.

Jul 2, 2017

An Apple pie less pricy: iPhone, iPad rates take slice-downs on GST effect

7.5 percent cut on prices of all iPhone models in India; Apple Watch and Mac prices too take a fall.

Jul 1, 2017

Infosys appoints D Sundaram as independent director

The former vice-chairman of Hindustan Unilever Limited heads TVS Capital Funds.

Jul 1, 2017

Banging the buck: Modi govt slashes PPF, NSC rates to 7.8%

The Senior Citizen's Savings Scheme and Sukanya Samriddhi Yojana will now offer 8.3 percent. Both schemes were earlier offering 8.4 percent.

Jul 1, 2017

Down to earth: Govt slashes GST rates on fertilisers from 12% to 5%

Prices to fall marginally with uniform MRP of Rs 295.47 per 50 kg bag expected to be fixed across the country.

Jul 1, 2017

All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

Agency accuses him of seeking a SBI loan on the Kingfisher brand using deliberately exaggerated financials, different from that supplied to lending banks earlier.

Jun 30, 2017

IT sector employees likely to see a maximum hike of 9% even after months of delay in increment

Most companies are likely to give out hikes on the basis of the growth in its revenue, amounting to about 6-8 percent.

Jun 30, 2017

Fast forward; GST set to transform face of Indian logistics industry

GST has paved the way for ultra-modern storage sites with automated conveyers, RFID-enabled tracking and IT-enabled warehousing management systems.

Jun 30, 2017

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CDSL lists at Rs 250 against issue price of Rs 149, rises further

The IPO of CDSL was oversubscribed almost 169 times, resulting in a stellar listing at almost 68 percent premium to issue price of Rs 149.

Jun 30, 2017

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Sensex reverses losses, up 50 points led by Sun Pharma, ITC

The BSE Sensex recovered lost ground and was trading just 39 points lower; Sun Pharma and ITC are top gainers.

Jun 30, 2017

Play

10 years of the iPhone

Ten years ago, Steve Jobs unveiled the first generation of the iPhone, ten years later it and amp;#39;s been through multiple changes, Newsweek looks closely at some of them.

Jun 29, 2017

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