Economy News

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

shaktikanta das demonetisation arun jaitley raids income tax gold real estate arun jaitley modi criticism cash seized wealth undisclosed income bank officials suspended

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

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

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

gst, gst niti aayog member bibek debroy, gst 1.5 percent boost utterly rubbish, gst gains, gst rates, gst modi govt

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

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

GST effect: Here is the impact on ATM transactions, insurance premiums, credit card, loan EMIs

Thanks to GST, banks and insurers will charge a higher rate of service tax on select transactions that include processing fee, premium, ATM withdrawals, others.

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

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Car sales June 2017: Maruti Suzuki posts 7.6% growth; Toyota Kirloskar Motor volumes plunge, Hyundai reports fall

June marks the last month for car and two-wheeler sales before GST rollout; Maruti Suzuki, TKM, Hyundai disappoint.

Jul 1, 2017

GST rollout: Here are 10 categories of goods that are now cheaper under new taxation

While mineral water costing cheaper than before is indeed a good news for all, here are a few other categories of goods that are now going to cost you less.

Jul 1, 2017

President Pranab Mukherjee and Prime Minister Narendra Modi

GST rollout: Teething problems for 'Good and Simple Tax' will be solved in 2 months, says CEA

From President Pranab Mukherjee to CVC KV Chowdary, many agree that GST will have teething problems. Read what CEa Arvind Subramanian has to say about it.

Jul 1, 2017

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Economy News

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%

GST effect: Here is the impact on ATM transactions, insurance premiums, credit card, loan EMIs

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

Car sales June 2017: Maruti Suzuki posts 7.6% growth; Toyota Kirloskar Motor volumes plunge, Hyundai reports fall

GST rollout: Here are 10 categories of goods that are now cheaper under new taxation

GST rollout: Teething problems for 'Good and Simple Tax' will be solved in 2 months, says CEA

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react