Economy News

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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Taxing times: 37 returns instead of 13 for small traders under GST

Many procedural challenges to implementing the goods and services tax from July 1, say experts. A central and state GST are proposed to be levied separately. Wholesalers will have to deposit the CGST into a central government account and the SGST into a state government account.

Jun 10, 2017

us economy, america, credit card repayment, credit card debt, new credit card debti, wallet hub report on credit card debt

Americans could end up with $1 trillion in credit card debt: WalletHub

With a projected $60 billion addition in new credit card debt this year, the overall money owed could cross $1 trillion, says WalletHub.

Jun 10, 2017

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Action-packed week ahead for India Inc; PSU bank chiefs to meet Arun Jaitley, IT honchos to hold talks with Ravi Shankar Prasad

Finance minister Arun Jaitley is scheduled to meet PSU bank chiefs on June 12 while IT minister Ravi Shankar Prasad is likely to hold talks with software firms on June 16 amid reports of layoffs, rumours of stake sale by Wipro and Infosys.

Jun 10, 2017

Mandsaur, farmers' protest, Mandsaur agitation, Madhya Pradesh protest

Farm loan waivers are necessary, but not a solution: MS Swaminathan

Three states have waived farm loans so far – Uttar Pradesh, Telangana and most recently, Maharashtra. But protests have been raging in Madhya Pradesh and Tamil Nadu over similar demands.

Jun 10, 2017

India's plan to develop key Iranian port faces U.S. headwinds

India committed $500 million to speed development of the port after sanctions on Iran were lifted following a deal struck between major powers and Tehran to curb its nuclear program in 2015. But not a single tender has been awarded for supplying equipment like cranes and forklifts.

Jun 10, 2017

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Economy News

Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Taxing times: 37 returns instead of 13 for small traders under GST

Americans could end up with $1 trillion in credit card debt: WalletHub

Action-packed week ahead for India Inc; PSU bank chiefs to meet Arun Jaitley, IT honchos to hold talks with Ravi Shankar Prasad

Farm loan waivers are necessary, but not a solution: MS Swaminathan

India's plan to develop key Iranian port faces U.S. headwinds

India takes US to World Trade Organization for failing to drop steel duties

India's foreign exchange reserves hit fresh high; list of top countries with high forex holdings

Retail inflation likely to drop further for May, factory output for April likely to fall sharply: Nirmal Bang

Five takeaways from Supreme Court order on linking Aadhaar with PAN

Wages of indecision: Govt yet to fix MGNREGA pay

India signs OECD convention to prevent tax evasion

Sun Pharma founder Dilip Shanghvi's net worth takes a $14 billion nose dive in 2 years

Petrol, diesel prices to change daily from June 16

Rates on hold, RBI sharply cuts inflation forecasts

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