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Finance

SEBI headquarters

Sebi seeks details of IDFC-Shriram Capital mega merger

Market regulator seeks details of trade patterns corresponding to the price movements of the respective company stocks. Jul 7, 2017
7th Pay Commission

7th Pay Commission notified: Maximum HRA hiked from Rs 27,000 to Rs 60,000 for now

HRA shall not be less than Rs 5,400 per month, HRA rate to be raised to Rs 75,000 when DA crosses 50 percent. Jul 7, 2017
Gold

GST might take sheen off gold demand in the short term, says WGC

Raising taxes on gold under GST could hit demand, and small-scale artisans and retailers with varying degrees of tax compliance may struggle to adapt. Jul 6, 2017
SBI

Where banks fear to tread: NPAs on the rise, RBI moves slowly, but surely

Over-leveraged industry stalls on investments and capacity utilisation, as banks go easy on the lending button. Jul 4, 2017
Real estate

Expensive digs: Post GST, luxury will come at a cost

Luxury apartments will be more expensive under the GST regime, but a developer will be eligible to avail of full credits on procurements upto the fresh tax liability. Jul 4, 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
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
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
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
vijay mallya

All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

Agency accuses him of seeking a SBI loan on the Kingfisher brand using deliberately exaggerated financials, different from that supplied to lending banks earlier. Jun 30, 2017
GST

Fast forward; GST set to transform face of Indian logistics industry

GST has paved the way for ultra-modern storage sites with automated conveyers, RFID-enabled tracking and IT-enabled warehousing management systems. Jun 30, 2017
Smartphone

Buy, buy, baby: RBI's checks can make the banks bounce

Guidelines on third party product sales from the banking regulator may not really stop banks from mis-selling. Jun 29, 2017
Warren Buffett, Berkshire Hathaway, american companies, billionaires, forbes list, rich persons, us stock markets, wealth creators, wealthy individuals

Warren Buffett's Berkshire on verge of becoming BofA's top shareholder

'Sage of Omaha' to go in for share swap after bank boosts third quarter dividend by 60 percent. Jun 29, 2017
gst, gst council, gst rates, arun jaitley, july 1, modi govt, gst protests, gst strike

Stage set for GST rollout, says Finance Minister Jaitley

'GST date was decided on consensus by the GST Council, which comprises the Centre and the states'. Jun 29, 2017
e-commerce , credit card, online shopping

Ahead of GST rollout, govt postpones implementation of TDS, TCS

The decision was taken upon trade and industry feedback on Tax Deduction at Source and Tax Collection at Source. Jun 26, 2017
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