Economy News

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GST: Gamechangers that can swing fortunes for India Inc, consumers, investors

There are many key takeaways for companies but the informal sector is expected to take a hit; here is how the dynamics matter for investors and consumers.

Jul 4, 2017

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Foreign investments into Indian equity and debt rise six-fold in June quarter

In comparison to $1.6 billion inflows in the June quarter last year, it rose to $12.2 billion for the three-month period this year.

Jul 4, 2017

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7th Pay Commission: 6.50 lakh Madhya Pradesh govt employees to get salary hike

The salary hike, in accordance with the 7th Pay Commission recommendations, will be applicable from January 1 2016 and the arrears will be paid over three financial years.

Jul 4, 2017

Air India divestment: More positives than negatives to a Maharaja's selloff

Was the intangible benefits of holding on to a 13 percent market share worth pouring red ink on a battered balance-sheet? The government didn't think so.

Jul 3, 2017

Workers reject junior partner role for Thyssenkrupp in Tata JV

Thyssenkrupp reportedly aimed to hold less than half of the potential venture so it can deconsolidate the business from its balance sheet.

Jul 3, 2017

More bleak days for IT sector; automation juggernaut is on and it's irreversible

IT companies have not performed too well in the markets this year either, with stocks slipping over 14 percent until now and the future seems bleak.

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

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GST effect: Diesel and petrol prices in Karnataka drop to lowest in south India

Karnataka offer the cheapest petrol and diesel prices in South India after the GST rollout on July 1.

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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Niti Aayog member Bibek Debroy 'rubbishes' claims of 1.5% boost to GDP from GST

We are nowhere near that ideal GST, this is just the beginning of a process, Bibek Debroy said.

Jul 1, 2017

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GST at 18% on services, allowances hike for Central govt staff pose upside risk to inflation

The GST tax rate on services at 18 percent is 3 percent higher than the service tax levied earlier and is mostly likely to spike inflation, coming as it does along with allowances hike for Central government employees.

Jul 1, 2017

GST, don't be lusty! Baba Sehgal might even make PM Modi giggle with this new rap

Indian pop music sensation and well-known rapper Baba Sehgal has taken to YouTube again to deliver a masterpiece.

Jul 1, 2017

First Jio, now GST: Challenges for telecom operators continue

GST regime hasn't turned favourable to the telecom industry which has been rattled by Jio's tyranny.

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

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Economy News

GST: Gamechangers that can swing fortunes for India Inc, consumers, investors

Foreign investments into Indian equity and debt rise six-fold in June quarter

7th Pay Commission: 6.50 lakh Madhya Pradesh govt employees to get salary hike

Air India divestment: More positives than negatives to a Maharaja's selloff

Workers reject junior partner role for Thyssenkrupp in Tata JV

More bleak days for IT sector; automation juggernaut is on and it's irreversible

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

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

GST effect: Diesel and petrol prices in Karnataka drop to lowest in south India

GST, 7th Pay Commission can buoy up headline inflation

Niti Aayog member Bibek Debroy 'rubbishes' claims of 1.5% boost to GDP from GST

GST at 18% on services, allowances hike for Central govt staff pose upside risk to inflation

GST, don't be lusty! Baba Sehgal might even make PM Modi giggle with this new rap

First Jio, now GST: Challenges for telecom operators continue

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

Astronomers find supermassive black holes inside dying galaxies

Apple, Google face scrutiny over collecting abortion data

Elon Musk highest-paid CEO, followed by Tim Cook: Report

A royal toast: England set for Queen's Platinum Jubilee; star-studded concert & 16000 street parties

Another attempt to drop ammunition foiled; Pakistani drone shot down near International Border [details]