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Economy News

Bitcoin Gold

Income Tax department sends notices to cryptocurrency investors as trading hits $3.5 billion

In December 2017, the I-Tax department conducted surveys on nine virtual currency exchanges in Indian cities to gather information about transactions, parties involved and bank accounts used. Jan 20, 2018
Adani ports

CEO quits midway: Trouble for Adani's Rs 7525 crore Vizhinjam Port Project in Kerala?

Santosh Mahapatra, the CEO of Vizhinjam Adani Port Pvt. Ltd. has resigned on Friday. Jan 19, 2018
rupee, usd vs inr, rupee vs dollar, fii equity inflows, fdi inflows, india news, indian economy

Budget 2018: Get taxed to death as gutless system fattens dodgers

Even as a large chunk of the wealthy dodges taxes with ease and impunity, budget time debates centre around meagre tweaks in tax slabs. Jan 19, 2018
Arun Jaitley

Budget 2018: Experts speak on what Finmin must do for health, IT, realty and other key sectors

Industry verticals are looking up to the finance minister to announce crucial steps in the last full budget of the NDA government. Jan 19, 2018
GST

GST rate cuts: What is cheaper, what is dearer

A panel of federal and state finance ministers on Thursday decided to revise GST rates on 29 goods and 53 services. Jan 19, 2018
Government Hospital in India

Budget 2018: Fund squeeze to hit health sector outlay; spending likely to rise only 11%

Public sector investment in healthcare accounts for less than 1.5 percent of the GDP in India, among the lowest globally. Jan 19, 2018
Indian railways tatkal

Plan your train journey in advance, get cheaper fares: Railway panel

Normally airlines offer heavy discounts to passengers for booking flight tickets months before the journey. The panel suggests implementing the same mode of operation in trains also. Jan 18, 2018
Rupee

NPS partial withdrawals made easy: When and for what can you withdraw from pension fund

NPS subscribers who have contributed for three years are now permitted to withdraw up to 25 percent of the savings for meeting specified expenses. Jan 18, 2018
ramco systems, ramco group, ramco share price, ramco panasonic deal, ramco wins panasonic contract, bse sensex

Budget 2018: Will govt take steps to offer formal status to millions of contract workers?

Suchita Dutta, Executive Director of the Indian Staffing Federation, gives a peek into what the contract staffing sector in the country expects from Union Budget 2018. Jan 18, 2018
Shopping

Hunt for black money: Govt to monitor your jewellery and luxury goods purchases above Rs 6 lakh

The plans to monitor cash transactions above a limit is aimed at eliminating black money and promoting digital economy. Jan 18, 2018
digital payments, digital transaction

Digital transactions surge 11 percent in December 2017 but card transactions decline

The total digital payment transactions surpassed 1 billion in December 2017. Jan 18, 2018
Rs 10 coin

All Rs 10 coins valid: Here's what RBI said

All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank India (RBI) said. Jan 17, 2018
Online jobs

Skill, job and English: You need only three things to make it to US

The Trump administration has no qualms admitting immigrants who are skilled, employed and can speak English fluently. Jan 17, 2018
Indian Railways

Pay more for lower berths, discounts on delayed trains: Know the recommendations of fare review committee

The panel proposed that the Railways follow the dynamic pricing model adopted by airlines and hotels. Jan 17, 2018
gst 1

HUL, Honda Motor get anti-profiteering notice for allegedly not passing on GST benefits

The notice seeks details from HUL about the pre and post GST prices of its entire products range. Jan 17, 2018
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