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Air India

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
Thyssenkrupp

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
Office

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
consumer durables festive purchases festival season sale discount pay commission india bullish ecommerce snapdeal amazon flipkart offline online diwali consumer customer

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
7th Pay Commission

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
note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

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
baba sehgal

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
India telecom operators

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
Money

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
Farmer sunflower

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
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