Business
Exporters' Pending GST Refunds to be Cleared in 2 Months: Hasmukh Adhia
While no tax will has to be paid on goods to be exported in the remaining months of current fiscal, from April 1 an e-wallet service will be launched that will give exporters notional credits that can be used to pay GST, he said. The credit in the wallet...
160 Companies to Face Penal Action For CSR Violations
As per data provided by the ministry earlier this year, as many as 12,431 companies had spent Rs 18,625 crore towards CSR activities during 2014-15 and 2015-16.
AMCs See SEBI Move Spawning Consolidation, Number of Funds Dipping to Around 1,300
Markets watchdog Sebi had on Friday asked mutual funds to categorise all their schemes within five baskets, in a bid to weed out multiple fund launches on similar themes.
GST, Demonetisation Having Desired Impact, Says Arun Jaitley
Arun Jaitley, in his key note address via video conference -- to the Berkeley India Conference, said that there is public support to the reforms being undertaken by the governments of the day both at the Centre and state levels.
SEBI Categorises Mutual Fund Schemes to Help Investors
The categories are equity, debt, hybrid, solution-oriented and others, the Securities and Exchange Board of India (SEBI) said in a circular on Friday.
RBI Should Help Government Revive Stalled Projects, Says Piyush Goyal
Railway Minister Piyush Goyal did not elaborate however as to what help the government wants from the Reserve Bank of India, which did not lower the key interest rate yesterday at its fourth bi-monthly monetary policy review of the current fiscal.
Adani Australia to Have Two North Queensland Cities as FIFO Hub
Adani Australia announced this after the councils of two North Queensland cities yesterday agreed to invest over 15 million dollars each to build an airstrip in Galilee Basin.
Sensex Starts on a Positive Note, Domestic Buying Builds
The 30-share index was up 77.58 points, or 0.24 per cent, at 31,749.29. The drivers were realty, healthcare, auto, metal and capital goods indices.
RCom-Aircel Merger Deal Called Off, Regulatory Uncertainties, Vested Interests Blamed
RCom and Aircel Limited (Aircel) had signed binding agreements in September 2016 for the merger of Rcom's mobile businesses with Aircel.
FIIs Outflows, Geo-political Concerns Suppress Indian Equities
On a weekly basis, the 30-scrip Sensitive Index (Sensex) of the BSE plunged by 638.72 points or two percent to close at 31,283.72 points while the Nifty50 of the National Stock Exchange (NSE) receded by 175.8 points or 1.76 percent to close the week's tra...
Loan Default: Listed Companies Get a Breather From SEBI
Last month, SEBI had directed listed companies to disclose from October 1 any payment defaults to banks and financial institutions within one working day of such a miss.
China Factory Activity Rises to 5-year High, Finds Survey
The report by the Federation of Logistics & Purchasing said production, new export orders and overall new orders grew at a faster pace for the month.
Bombardier Inks $1.7 Billion Deal With SpiceJet for 50 Jets
The purchase agreement includes 25 Q400 turboprops and purchase rights for an additional 25 aircraft.
Slew of Measures Taken to Better Tax Administration: Arun Jaitley
Jaitley was addressing the second meeting of the parliamentary consultative committee attached to the finance ministry on 'Initiatives of IT Department'.
India Seeks Partnering With American Food Processing Companies
Led by Union Food Processing Industries Minister Harsimrat Kaur Badal, the Indian delegation met officials from companies across the food value chain in Chicago and Washington DC.
RBI Increases Foreign Investment Limits for Debt
The RBI said the limits for long-term investors in government bonds would be raised by 60 billion rupees, while the limits for general investors would be raised by 20 billion rupees.
