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NEW DELHI: The Centre on Monday tabled amendments to the Income Tax Amendment Bill in its bid to check large, unaccounted cash deposits post demonetisation.
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MUMBAI: The RBI diktat to banks on Saturday to maintain an incremental cash reserve ratio (CRR) requirement on deposits with retrospective effect has rattled lenders.
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NEW DELHI: India's economy grew at 7.1 per cent in the first six months of the current financial year despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said today.
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NEW DELHI: S&P Global Ratings today said the continuing discord between the shareholders of Tata Group holding firm Tata Sons Ltd, has created uncertainty at the board level for group companies and could lead to slow decision-making in these entities.
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BENGALURU: Anticipating a more protectionist U.S. technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from college campuses there.
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The benchmark indices pared all its initial losses to turn green as banking stocks recovered after falling up to 4% following RBI's cash reserve ratio (CRR) hike on incremental deposits.
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Uber is looking to massively scale up its operations in India and is planning to add a host of new features to the app. Written by Hansa Verma | New Delhi | Updated: November 28, 2016 9:35 am.
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(MENAFN - Asia Times) Peoplewho makeunexplained cash deposits of scrapped high-denomination banknotes beforeDecember 31 may have to pay50% tax, along with a four-year lock in period for half of the remaining amount, under new government ...
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PayTM founder Vijay Shekhar Sharma on Monday said that Demonetisation has been positive for the company. We are adding close to 6 lakh new users every day, he said.
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Flipkart Internet, the marketplace unit of India's largest e-commerce player Flipkart, reported a loss of Rs 2,306 crore in the year that ended March 31, 2016, as it battles a cash flush Amazon to retain leadership in the country.
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To make things easier, Airports Authority of India (AAI) will start digital payment system for paying parking charges at the aerodromes this month.
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NEW DELHI: PSU energy explorer Oil India on Monday reported a 17.8 per cent year-on-year (YoY) drop in net profit at Rs 580 crore for the quarter ended September 30.
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NEW DELHI: With bullion market reopening after 16 days on Monday, gold prices witnessed a massive plunge of Rs 1,750 to Rs 29,400 per 10 grams in the national capital, while silver slumped by Rs 3,100 to Rs 41,600 per kg.
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In an interview to CNBC-TV18, RK Jain, Group President-Finance, Uflex spoke about the results and his outlook for the company. Like this story, share it with millions of investors on M3.
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NEW DELHI: Employees' Provident Fund Organisation (EPFO) has invested a total of Rs 9,723 crore in exchange traded funds as on October 31 this year and the absolute returns till that time has been 9.17 per cent, the government told the Lok Sabha on ...
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New Delhi: Airtel Payments Bank said over 10,000 customers have opened savings accounts with it within two days of going live with a pilot project in Rajasthan.
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A recent announcement made by Reserve Bank of India (RBI) proposing the opening of an "Islamic window" in conventional banks for a gradual introduction of Sharia-compliant or interest-free banking in the country, has led to a fierce debate on the ...
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Niti Aayog member Bibek Debroy has slammed the critics of Modi government's demonetisation drive, including former PM Manmohan Singh and ex-World Bank chief economist Kaushik Basu.
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Sanjay Ladiwala, Chairman, Cement Stockists & Dealers Association of Bombay said the trade segment where sales happen in cash transaction have been impacted adversely due to demonetisation but it would be difficult to put a number to that.
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KOLKATA:The Rs12,940 crore Jagdishpur-Haldia-Bokaro-Dhamra natural gas pipeline project, recently awarded to Gail India by the Cabinet Committee on Economic Affairs, has hit a regulatory roadblock as the Petroleum & Natural Gas Regulatory Board ...
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