Economy News

RBI policy says much without doing much; worries around inflation

From the language of this policy, market experts believe that the central bank will hold interest rates at least at the next two monetary policy committee meetings.

Feb 8, 2018

I-T dept gets 15-25 lakh PAN applications a week

The Income Tax Department (ITD) receives 15-25 lakh permanent account number (PAN) applications per week.

Feb 7, 2018

India's central bank keeps repo rates unchanged at 6%, highlights inflation risks

The Reserve Bank of India also kept the reverse repo rate unchanged at 5.75 percent.

Feb 7, 2018

Get ready to shell out more for your favorite restaurant meal

The increase in customs duty follows the removal of input tax credit when the Goods & Services Tax was introduced last year.

Feb 7, 2018

Huge blow to Indian workers as Saudi Arabia bans foreigners in 12 sectors: Know who will be affected

The Kingdom of Saudi Arabia has imposed a restriction on the expatriates from working in 12 sectors.

Feb 6, 2018

As stock markets plumb new depths pick up your Karl Marx reader

Let sweatshops thrive in the third world and let the workers earn just enough to stay alive. Let the capitalist binge consumption be a closed door celebration.

Feb 6, 2018

Fuel prices burn pockets: Petrol costs Rs 81.24 per liter in Mumbai

The petrol price in Mumbai has crossed Rs 81 per liter mark. The oil prices show no sign of coming down any soon even as the central and state governments continue to pass the buck on duties imposed.

Feb 6, 2018

Now, updating Aadhaar information to cost you more as UIDAI imposes 18% GST

The Unique Identification Authority of India (UIDAI) will now impose 18 percent Goods and Services Tax (GST) on the fee for updating Aadhaar details.

Feb 6, 2018

Aster DM Healthcare to go public: IPO details

Aster DM Healthcare Limited will launch its Rs 980 crore initial public offering on 12 February.

Feb 6, 2018

This Indian airport set a world record for the most number of flights handled in a day

The Mumbai airport created a world record by handling 980 arrivals and take-offs in 24 hours on January 20.

Feb 5, 2018

Six best financial gifts for your partner

Here are a few options that could help you financially secure your Valentine and also show how much you care for them.

Feb 5, 2018

Deposited Rs 15 lakh during note ban? Get ready to face I-T scrutiny

The Income Tax department has issued notices to those who deposited Rs 15 lakh or more in their accounts during after scrapping Rs 500 and Rs 1,000 currencies in November 2016.

Feb 3, 2018

Budget: Seven tax changes that may affect you

There are a number of changes that will impact the income tax you pay, ranging from taxing long-term capital gains to change in cess on income tax.

Feb 3, 2018

Attention bitcoin traders! The taxman is after you

The Income Tax Department has issued notices to those who have put their funds in bitcoins.

Feb 2, 2018

OPINION: Ring in the world's largest 'vegetarian' universal health care programme

When your idealism is steamrollered by pragmatism, your dreams need to have a qualifying clause around them.

Feb 2, 2018