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Regulation

reliance, reliance jio, reliance industries, ril share price, mukesh ambani, india, telecom idea cellular, vodafone, subscriber

No change in the air: Trai rules out floor price for telecom services as of now

Consensus among telcos is that fixation of a floor price is not a workable idea. Jul 22, 2017
Shah Rukh Khan, AbRam at Mannat greeting fans on Eid

ED summons Shah Rukh over forex loss: Will it affect Jab Harry Met Sejal collections?

The Enforcement Directorate (ED) has summoned actor Shah Rukh Khan, seeking his personal appearance on July 23 in connection with a case of foreign exchange law violation. Read to know more. Jul 20, 2017
ONGC

Legal spillover: RIL, ONGC, Shell told to shell out $3 bn in fines

The dispute over the government's share of profit petroleum and royalty from the PMT fields has raged for many years. Jul 18, 2017
Bitcoin market capitalisation on July 16, 2017

The flip side: Bitcoin, Ether prices wilt, and new questions emerge

Market uncertainty and fundraises by companies using crypto-currency spark selling pressures Jul 16, 2017

GSTN portal to be ready for invoice uploading from July 24

Invoices for transactions above Rs 200 need to be generated on the GST network with records of serial numbers to claim input tax credit. Jul 16, 2017
Google Shopping

Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Squeezing more juice out of a captive market is part and parcel of being the leader in a particular space; but Google is expected to be different. Jul 15, 2017
Toonz Retail

No child's play: GST migrations caused systems crashes at retail firms, says toy company

Ahead of GST launch on July 1, many retail firms suffered systems shutdowns while migrating from VAT-oriented taxation formats, hitting their supplies for a week. Jul 14, 2017
aadhaar, bank accounts, cash, note bank, atm, pan, indian banks, bank account, account holder

Modi govt saved Rs 50,000 crore by removing corruption, says Ravi Shankar Prasad

1.16 billion people have entered the Aadhaar system so far, village level entrepreneurs will push it further. Jul 11, 2017
RuPay

Rupay transactions worth Rs 5,000 crore carried out in April-June: NCPI

Transactions via UPI crossed 1 crore in volumes during Apr-June, while Bhim and Bhim Aadhaar are also showing positive trends. Jul 10, 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
titan, tanishq, gst on gold, gold prices in india, titan share price, pc jeweller share price, tata group, market cap, tata steel share price, tcs share price

Black glitter: Gold tax hike under GST could boost illegal bullion, sales of jewellery

3% GST hike can spur blackmarketing and compel customers to purchase from small jewellers without taking receipts. 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
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