Business | WeForNews | Latest News, News Today, Breaking News India

TRAI slashes mobile termination charges to 6 paise a minute, Jio to gain as Airtel & Voda see financial stress

New Delhi, Sep 20: The Indian telecom regulator on Tuesday came out with a regulation where it has more than halved the...

50

Vijay Mallya Rs 100-crore shares transferred to central govt

New Delhi, Sep 18: The Stock Holding Corporation of India Ltd (SHCIL) has transferred the title and rights of shares worth Rs...

50

India’s demography will make it economic superpower: Deloitte

New Delhi, Sep 18: India will emerge as an economic superpower supplying more than half the increase in Asia’s potential workforce over the...

29

Market pricing regime in fuels distorted by taxes: Assocham

New Delhi, Sep 17: Calling for a cut in the cess on transport fuels, industry chamber Assocham said on Sunday that the consumer...

96

Tech

Now get BookMyShow ticket confirmation on WhatsApp

New Delhi, Sep 15: Online entertainment ticketing platform BookMyShow on Thursday joined hands with the WhatsApp business pilot programme. As part of this...

56

‘Indian banks exploring various means of recapitalisation’

Recapitalisation is a major issue for state-run banks owing to the massive non-performing assets (NPAs), or bad loans, accumulated by them and...

85

Markets open on green today

Mumbai, Sep 13: The 30-scrip Sensitive Index (Sensex) on Wednesday opened higher during the early hours of trade. The Sensex of the BSE...

55

Infosys acquires UK-based Brilliant Basics

Bengaluru, Sep 11: Infosys has completed the acquisition of London-based product design and customer experience company Brilliant Basics on ‘Design Thinking’ approach. Infosys...

52

I may have resigned if note ban was thrust: Raghuram Rajan

New Delhi, Sep 9: Former RBI Governor Raghuram Rajan said that he would have resigned if the demonetisation decision was thrust on him...

66

30 items of mass consumption to cost less, GST cess to go up on SUVs, large cars

Hyderabad, Sep 9 : The GST rates on 30 items of mass consumption were slashed on Saturday while the cess on mid...

38

India’s forex reserves rise to nearly $400 bn

Mumbai, Sep 9: Continuing a recent trend, Indian foreign exchange reserves shot up by a massive $3.572 billion to touch a high of...

53

‘Limited access to capital, gender bias biggest challenges for Indian women entrepreneurs’

Kolkata, Sep 8: Lack of access to capital, gender bias at work place and a weak infrastructure in capacity building for women to...

35

Easy to adopt electric vehicles in India: Kant

New Delhi, Sep 7: Mass adoption of EVs (electric vehicles)in India with low per capita car ownership will be beneficial, a senior government...

61

Key Indian equity indices opens in green

Mumbai, Sep 7: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex)...

54

Modi govt freezes bank accounts of over 200,000 suspected shell companies

NEW DELHI: The bank accounts of 209,032 suspected shell companies have been frozen as part of a crackdown on illegal transactions and...

47

Tech

Twitter’s new terms of service draw online criticism

San Francisco, Sep 5: Twitter’s new terms of service that apparently allow other companies to re-publish content on its platform without any compensation...

51

GSTR-1 filing deadline extended till September 10

New Delhi, Sep 5: The government has extended the deadline for filing the GST sales return, GSTR-1 till September 10 which was to...

47

It may take ATMs three months to dispense Rs 200 notes

By Meghna Mittal New Delhi, Sep 3: While the RBI launched the 200-rupee note a week ago, it may take up to three...

46

UBS lowers India’s GDP growth to 6.6 per cent for FY18

New Delhi, Sep 4: Global brokerage firm UBS has lowered India’s GDP growth forecast from 7.2 per cent to 6.6 per cent...

60

Jindal gets bail in coal case from court

New Delhi, Sep 4: Former parliamentarian Naveen Jindal and others got bail from the court in connection with alleged irregularities pertaining to the...

78

India Inc lauds union cabinet reshuffle

New Delhi, Sep 3: Indian industry on Sunday lauded the latest cabinet reshuffle by Prime Minister Narendra Modi describing it as “carefully strategised”...

96

Credit growth of banks slowed to 8.1% in 2016-17: Report

New Delhi, Sep 2: The credit growth of all banks slowed down to 8.1 per cent in 2016-17 from 10.9 per cent in...

66

India ready to finance carbon-capture technology: Goyal

New Delhi, Sep 1: India is fully prepared to finance carbon-capture technology but the developed world’s approach in this area leaves much to...

139

Post Demonetisation, Indian economy’s growth slows down in Q1 2017-18 at 5.7%

New Delhi, Aug 31 : Pulled down by sluggish manufacturing, growth in the Indian economy during the first quarter of this fiscal...

56

‘30% agriculture budget to be spent on women farmers’

New Delhi, Aug 31: Union Agriculture and Farmers Welfare Minister Radha Mohan Singh on Wednesday said that 30 per cent of his ministry’s...

73

Indian textile companies display at Moscow’s global expo

New Delhi, Aug 30: India’s textile industry showcased by 95 exhibitors with their products at the global textile and light industry expo held...

124

Apple, Accenture partner to create iOS business solutions

New York, Aug 30: Apple and IT company Accenture on Tuesday announced a collaboration that will help businesses transform the way their people...

82

Philips India to increase PPP healthcare centres

New Delhi, Aug 29: Philips India on Tuesday said it is set to increase to 36 the number of public-private partnership (PPP) healthcare...

79

Facebook stops pages for sharing fake news through ads

San Francisco, Aug 29: Facebook has decided to stop Pages that share fake news regularly from buying any ads from the company after...

52

GST will have positive impact on states’ finances: Ind-Ra

New Delhi, Aug 28: The implementation of the Goods and Services tax (GST) will have a positive impact on state governments’ finances in...

55

Uber names new CEO

San Francisco, Aug 29: Ride-hailing app Uber has named American travel company Expedia’s Dara Khosrowshahi as its new CEO after its founder and...

67

Google refunds for ads generated by robots

San Francisco, Aug 28: Google has issued refunds for fraudulent traffic generated by automated bots to advertisers for running ads on websites. According...

85

Women entrepreneurs continue to face challenges in India: Anita Dongre

New Delhi, Aug 26: Anita Dongre has made a name for herself in the fashion world, but there was a time when she...

81

US judge sentences 40 months prison to Volkswagen engineer

Chicago, Aug. Aug 26: A Volkswagen engineer was sentenced to 40 months prison for his role in the diesel emissions cheating scandal....

69

‘First return filing under GST progressing smoothly on last day’

New Delhi, Aug 25 : Unlike the technical snags faced by traders earlier, the first return filing under the Goods and Services Tax...

54

After India, Google expands public Wi-Fi to Indonesia

Jakarta, Aug 25: After a successful run in India, Google has brought its public Wi-Fi programme ‘Google Station’ to Indonesia that will help...

48

Timeline of Infosys saga in hard times

Bengaluru, Aug 25: Software major Infosys has gone through a churn over the months, as its boardroom battles over a spate of issues...

SpiceJet and Prega News enter into branding agreement

New Delhi, Aug 24: Budget passenger carrier SpiceJet on Wednesday said that it has entered into a branding agreement with Prega News, the...

Cabinet gives in principle nod for bank mergers

New Delhi, Aug 23: In the context of massive accumulation of bad loans by state-run banks, the Union Cabinet on Wednesday gave an...

68

McDonald’s shut down creates Unemployment & loss of hangout joint

Kolkata, Aug 22: McDonalds are closing down due to which many employees will loose their jobs and students also miss a pocket-friendly joint....

70

Microsoft’s speech recognition system achieves new milestone

San Francisco, Aug 21: Microsofts conversational speech recognition system — designed to accurately recognises the words in a conversation like humans do —...

64

Bank unions to go on strike against privatisation of banks on 22nd August

New Delhi, August 2o: After talks failed between the United Forum of Bank Unions, Indian Banks’ Association, chief labour commissioner and the...

61

Confusion among traders as GST filing site stops functioning

New Delhi, Aug 19: Traders across the country faced problems on Saturday as the Goods and Services Tax (GST) filing website stopped...

48

Infosys to buy back 11.3 crore shares at Rs 1,150 each

Bengaluru, Aug 19: Global software major Infosys Ltd announced on Saturday that it would buy back 11.3 crore shares of Rs 5 face...

54

Narayana Murthy’s ‘continuous assault’ reason for Sikka quitting, says Infosys Board

Bengaluru, Aug 18: The Board of global software major Infosys Ltd on Friday blamed its founder N.R. Narayana Murthy for the sudden...

67

Investment of $200 mn in India’s retail assets

New Delhi, Aug 17: Funds like Private equity (PE) firms and wealth funds have invested over $200 million in retail assets during...

58

Reliance Defence to change name to Reliance Naval and Engineering Ltd

Mumbai, Aug 16: Reliance Infrastructure controlled Reliance Defence and Engineering Ltd (RDEL) is all set to change its name to Reliance Naval and...

79

Coal India to incur Rs 8,500 cr capital expenditure in 2017-18

Kolkata, Aug 16: Coal India Ltd (CIL), which produces 84 per cent of the country’s total output of the mineral, has planned to...

86

Demonetisation may keep slowing India’s economy says SBI report

Printing of new notes after demonetisation has costed 13 thousand crore to RBI. A report issued buy the lender of india SBI...

130

Threat of economic slowdown is real: Chidambaram

New Delhi, Aug 12: Former Finance Minister P. Chidambaram on Saturday said the economic slowdown is real as stated by the government’s Chief...

51

Attaining 6.75-7.5 per cent GDP growth projected previously will be difficult:Econimic survey part 2

Finance ministry on Friday(11th August) released 2nd part of the economic survey which highlighted the new issues related to the economy. The...

101

Demonetisation Effect: RBI halves the dividend payout to government

Demonetisation turns out to be a bane for government as its dividend halves this year as compared to last year. RBI has...

123

Chandrasekhar Jha Appointed Finance Manager at U Tropicana Alibaug

U Tropicana delightfully announces the joining of Chandrashekar Jha as Finance Manager. Being a Commerce Graduate with a professional course in Aviation,...

80

Idea Cellular seeks NCLT approval for merger with Vodafone

New Delhi, Aug 8: Consequent to the approval given by the Competition Commission of India (CCI) for Vodafone-Idea merger, Idea Cellular has filed...

80

Syndicate Bank posts Rs 263 cr net loss for Q1

Bengaluru, Aug 7 : State-run Syndicate Bank on Monday reported a Rs 263 crore net loss for the first quarter of 2017-18...

79

IT stocks, foreign funds outflow drag Indian equities lower

Mumbai, Aug 7: The Indian equity markets on Monday traded rangebound and closed on a flat-to-negative note on the back of outflow of...

Indian equity markets open with marginal gains

Mumbai, Aug 7 : The Indian equity markets opened on a flat-to-positive note during the early morning trade session on Monday on the...

Google offered $30bn to acquire Snap Inc in 2016: Report

San Francisco, Aug 4: Search engine giant Google had offered $30 billion to buy Snap Inc — the parent company of popular messaging...

69

Impact of GST on real estate: What you should know

Goods and Services Tax or GST is being touted as a revolutionary tax reform that India has seen since Independence. It is...

59

Donate land for a government job: Meghalaya CM

Shillong, Aug 3: The Meghalaya cabinet has approved a proposal to provide government jobs to people who donate land for various developmental projects,...

53

US dollar rises amid economic data

New York, Aug 3: The US dollar traded higher against most major currencies on Wednesday as investors digested a slew of economic...

Apple reports $8.7 bn profit in Q3, stocks rise

New York, Aug 2: Apple has announced its financial results for the third quarter of the fiscal year 2017, with profit rising to...

78

RBI expected to cut key interest rate on Wednesday

Mumbai, Aug 1: With latest macro-economic data showing inflation at a record low and fall in factory output, the Reserve Bank of India...

77

Tata Motors reduced pay of key executives in last fiscal

Mumbai, Aug 1: Automobile major Tata Motors’ whole-time directors and key managerial personnel saw a downward revision in their remuneration during last fiscal,...

82

Eight core industries’ output slows down in June

New Delhi, July 31 : Production in India’s eight major industries slowed down during June, as the total output rose only by...

74

65% Egyptian families have nine children: Minister

Cairo, July 31: About 65 per cent of Egyptian families have nine children, which can hinder the nation’s development, a minister said here....

190

Now, a virtual studio that helps designers grow business

New Delhi, July30: With an aim to free the art and craft of India’s designers and tailors, a cloud-based application “Bespocut” was launched...

163

GST won’t impact growing Indian Smartphone market

London, July 25 : The overall smartphone demand in India will hit 234 million units in 2017, an increase of 11 per cent...

46

NSE Nifty breaches 10K point-mark

Mumbai, July 25 : Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index —...

130

Here’s the list of petrol and deisel prices in the country

Petrol and deisel prices are changing continously after 16th june. Prices are coparatively different in different states, in some states the prices...

128

Rahul Bajaj questions the achievements of demonetisation

Rahul Bajaj the chairman of Bajaj Auto has questioned the achievements and effectiveness of demonetisation . At the company’s annual general meeting...

153

EPW editor quits after legal notice by Adani Group

Economic & Political Weekly (EPW) editor Paranjoy Guha Thakurta resigned after the directors of the trust which runs the journal ordered him...

174

Big win for banks Gujarat highcourt turns down Essar steel’s bad loans plea

The Gujarat high court order is a big relief for public banks as it turned down the Essar steel’s bad loan plea....

111

IACC flags points to streamline GST roll-out

New Delhi, July 17: The Indo-American Chamber of Commerce (IACC) flagged points for the smooth transition of the Goods and Services Tax...

103

Lifestyle

Women co-workers bonding can reduce conflict in organisation

New York, July 15: Strong bonding stays for years and it is favourable for the workplace as well. Female co-workers friendship help in...

178

Luxury phone-maker Vertu is shutting up shop

London, July 15 : Britain-based luxury phone-maker Vertu, which rolled out smartphones carrying hefty price tags, is closing down, the media reported. The...

155

Jewellers not to pay tax on old jewellery buys from individuals

However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax under reverse charge mechanism will apply.

123

Slowdown in manufacturing sector decelerates factory output in May

New Delhi, July 12 : A slowdown in the manufacturing sector decelerated India’s factory output in May, official data showed on Wednesday.

173

Education won’t become expensive under GST: Government

New Delhi, July 7 : Dismissing conjectures that education will become expensive under the Goods and Services Tax, the central government on Friday...

116

Tata Finance’s former MD Dilip Pendse commits suicide

Mumbai, July 6 : Tata Finance’s controversial former managing director Dilip S. Pendse committed suicide at his residence here on Wednesday afternoon, police...

154

GST Rollout : Businesses remain shut in Srinagar against Single Tax

Srinagar, July 5 : Businesses remained closed in Jammu and Kashmir on Wednesday as traders and civil society members called for shutdown against the...

150

GST to reduce cost of manufacturing of domestic electronic components

New Delhi, July 3 : The domestic manufacturers of electronic components will benefit from the Goods and Services Tax (GST) regime as the...

158

Will not pursue proposal to acquire AI if deal not profitable: IndiGo to employees

New Delhi, June 30 : Budget passenger carrier IndiGo’s management has told its employees that it will not go ahead with its...

132

Samsung to invest $380 mn in US, create 950 jobs

Seoul, June 29 : With an aim to tap deeper into the US’s large home appliances market, Samsung Electronics said it would invest...

157

Politics

Congress to hold high level meeting over GST regime tomorrow

June 28, Wednesday : Congress will hold a high level meeting tomorrow to discuss party’s stand on Goods and Service tax (GST)...

Positive global cues buoy equity markets

Mumbai, June 27 : Broadly positive global cues buoyed the Indian equity markets during the early morning trade session on Tuesday. However, gains...

166

1991 economic reforms are praiseworthy says NITI Ayog

New Delhi, June 25: A report prepared by the NITI Ayog vice chairman Arvind Panghariya suggests that the economic reforms of 1991...

161

Confusion over GST may hit old Delhi traders business

New Delhi, June 25: GST is all set to unite the nation with a notion of “One nation, one tax”, But the...

Now mobile banking complaints under ombudsman, says RBI

Mumbai, June 23: Widening the scope of its Banking Ombudsman Scheme, the Reserve Bank of India (RBI) has included complaints relating to mis-selling...

159

Lack of job skills in new employees widespread: IBM study

Bengaluru, June 22: India’s higher education system is not responding well to society’s changing needs, making it difficult for the industry to find...

118

Still need few weeks for fully functional solution, say GST Suvidha Providers

New Delhi, June 22: Hoping for a smooth ride for companies under the Goods and Services Tax regime, GST Suvidha Providers (GSPs) have...

241

GST Council finalises lottery, hospitality tax rates

June 18, Sunday : In Seventeenth Goods and Service council meeting chaired by Finance Minister, Arun Jaitley the panel finalised lottery and hospitality...

148

India’s factory output accelerates in April

New Delhi, June 12: A healthy performance of the manufacturing sector accelerated India’s factory output last month, official data showed on Monday. The...

328

GST Council Reduces Rates for 66 items

New Delhi, June 11 : The Goods and Services Tax (GST) Council at its 16th meeting here on Sunday revised the rates of...

149

37 returns instead of 13 – and other challenges threatening GST rollout

New Delhi; IANS: A small-scale manufacturing company with operations in only one state will have to file a minimum of 37 returns...

254

IATA revises 2017 industry profitability outlook upwards

Cancun, June 6 : The International Air Transport Association (IATA) on Tuesday revised its 2017 industry profitability outlook upwards to $31.4 billion. According...

114

Indian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1%

New Delhi, May 31: India’s gross domestic product during the past fiscal grew at a lower rate of 7.1 per cent, the official...

180

Cabinet approves abolition of Foreign Investment Promotion Board

New Delhi, May 24 : In a bid to further ease doing business in India, the Union cabinet on Wednesday abolished the over...

259

Twitter launches customisable Direct Message Card for businesses

New Delhi, May 24 : Twitter on Wednesday launched a customisable Direct Message Card that businesses can use to promote and share...

140

Services to have 4-slab GST rates, no decision on gold

Srinagar, May 19: In a move which is expected to bring prices down from the current levels, the Goods and Services Tax (GST)...

196

GST sub-rates, earnings results to influence equity markets

Mumbai, May 14 : Clarity on GST sub-rates along with ongoing quarterly results season and a firm rupee are expected to influence investors’...

171

Titan net up 7.5% in Q4; 9.2% in FY 2017

Bengaluru, May 12 : Titan Company Ltd on Friday reported a Rs 201 crore net profit for the fourth quarter (Q4) of fiscal...

163

India’s factory output dips in March

New Delhi, May 12 : India’s factory output growth slowed to 2.7 per cent in March on the back of poor manufacturing performance...

104

60.5 lakh taxpayers enrolled under GST so far: Hasmukh Adhia

New Delhi, May 11: As many as 60.5 lakh taxpayers have been enrolled under the Goods and Services Tax (GST) in the first...

Sebi allows subscription to MF schemes through e-wallets

Mumbai, May 8 : Securities markets regulator Sebi on Monday permitted subscription to mutual fund (MF) schemes through e-wallets. “With an objective to...

448

Largest integrated tractor plant inaugurated in Punjab

The new facility makes International Tractors Limited, which manufactures Sonalika tractors, the world's largest integrated tractor plant.

324

Analysis

Macro data, global cues to chart equity markets’ course

Mumbai, May 7 : Key macro-economic data points coupled with ongoing fourth quarter results and global cues are expected to affect the course...

BSE’s consolidated Q4 net profit up 259%

Mumbai, May 5: Stock market major BSE on Friday reported an exponential rise of 258.99 per cent in its consolidated net profit for...

206

Ordinance to break ‘paralysis’ on NPAs: Arun Jaitley

New Delhi, May 5 : The government on Friday promulgated an ordinance empowering the RBI in a big way to deal with the...

Sensex down by 101.56 points, currently at 30,024.65

Mumbai, 5 May: Indian equity markets cheered the overnight Union Cabinet decisions with the NSE Nifty on Thursday closing at a record...

197

India loses 14.6% market share of domestic aviation due to Noteban

New Delhi: India (14.6%) loses fastest growing domestic aviation mkt tag to China (15.1) in Mar; airlines’ grouping IATA says, ‘mainly due...

127

Railways targeting enhanced non-fare revenue

New Delhi, May 4: Railway Minister Suresh Prabhu on Thursday said the national carrier is targeting to earn USD 6-7 billion in none-fare...

247

CCEA approves foreign investment proposal worth Rs 9,000 crore

Rs 9,000 crore investment in the name of Twin Star Technologies will be made on or before March 2025 from Twin Star...

227

Cabinet approves amendment in Banking Regulation Act

New Delhi, May 3 : In a major decision aimed at tackling the problem of burgeoning non-performing assets (NPAs) of public sector banks,...

Markets open on a higher note on Wednesday

Mumbai, May 3: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade. The...

214

Tata Steel UK sells its speciality steel business to Liberty House

Tata Steel's UK business continues its process of transformation that is essential to create a viable future for its UK strip products...

201

Saudis take 100% control of America’s largest oil refinery

Austin, May 2 : Saudi Aramco, the Saudi Arabia’s state-owned oil behemoth, took 100 per cent control of the sprawling Port Arthur refinery...

176

Indian equities end flat, Sensex closes below 30k mark

Mumbai, May 2 : Global cues on Tuesday depressed the Indian equity markets to close on a flat-to-positive note. According to market observers,...

228

Jaitley promises no surprises in GST rate fixation

The GST Council has finalised four rate categories of 5, 12, 18 and 28 per cent after unifying levies like central excise,...

192

Date to file service tax return extended to April 30

New Delhi, April 27 : In a relief to service tax payers, the government has extended the last date for filing return by...

189

Sensex, Nifty scale lifetime highs on fund inflow, Asian cues

Mumbai, Apr 26 : The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 — both...

229

Hero keen to invest Rs 400 cr for ‘cycle valley’ in Punjab

New Delhi, April 22 : Amid the revival in industry sentiment in Punjab, Hero Cycles on Saturday expressed interest in setting up a...

169

Indian equities open in green

Mumbai, April 21: Indian equity markets on Friday opened in the green as investors’ sentiments were buoyed by positive global cues and...

186

RBI cautions banks on bad loan risk in telecom sector

Mumbai, April 18: The Reserve Bank of India on Tuesday cautioned about loans given to companies in sectors in difficulty such as...

343

Chidambaram accuses ED of making ‘wild allegations’ against Karti

New Delhi, Apr 18 : Senior Congress leader P Chidambaram today accused the Enforcement Directorate of making wild allegations against his son Karti...

149

India’s wholesale price inflation in March falls to 5.7 %

New Delhi, April 17: Bringing a much anticipated relief to the consumers, India’s annual rate of inflation based on wholesale prices softened in...

164

Snapchat CEO calls India too poor, ratings drop to ‘one star’

New Delhi, April 16: A day after news fuelled a fire in India in which Snapchat’s CEO Evan Spiegel’s termed India a “poor...

183

The country’s economy stagnant, no investment coming in: Cong

It will take time for this message to reach people, for the false claims made by the government to be understood in...

210

GST E-way bills: Another compliance burden on the way…

Mumbai, April 15: Has CBEC added another burden on the compliance of GST by proposing “e-way bills” in the movement of goods worth...

166

Service tax to move up from 15% to 18% under GST: Hasmukh Adhia

New delhi, April 13: Services sector is likely to attract a higher tax rate of 18 per cent from the current 15...

129

India’s March retail inflation rises to 3.81% month-on-month

New Delhi, April 12: India’s Consumer Price Index (CPI), retail inflation, during March stayed firm month-on- month at 3.81 per cent, as...

128

CBDT allots PAN and TAN in a day for ease of doing business

New Delhi, April 11 In another move to improve ease of doing business in India, the Income Tax Department has tied up...

115

Geo-political tensions subdue Indian equities

Mumbai, April 7 Global geo-political tensions, outflow of foreign funds and heavy selling pressure in banking, healthcare and metal stocks pulled the...

193

Key Indian equity indices trade lower in early session

The Sensex touched a high of 29,850.71 points and a low of 29,763.02 points in the trade so far.

116

World

Explosive defused in St. Petersburg apartment

Moscow, April 6 Russian police on Thursday defused an explosive device at an apartment in St Petersburg where suspected accomplices of a...

Amazon to open sixth logistic hub in Spain

Madrid, April 6 The global e-commerce giant Amazon announced on Thursday that it would be opening a new logistics hub in Barcelona...

124

AIBEA all set to turn 10 weak banks

Chennai, April 6: The All India Bank Employees Association (Aibea) is gearing up for turning ten weak banks with its suggestions, said a...

153

Sensex crosses 30K mark; foreign funds, tax data push indices higher

New Delhi, April 5 The S&P BSE Sensex rose to its record intra-day high of over 30,000 points, as healthy buying was...

127

With lowest produce in 7 years, centre to import 5 lakh tonne duty free sugar

New Delhi, April 5: With domestic production of sugar touching the lowest mark in the last seven years, the Centre on Wednesday proposed duty-free...

112

Markets open on higher note moves to negative zone

Mumbai, April 5: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade....

169

Post-merger, SBI opens with 500 million customers

Mumbai, April 3: Post-merger of five associate banks and the Bharatiya Mahila Bank, top public sector lender State Bank of India (SBI)...

125

Post merger, SBI begins operations as unified entity

Mumbai, April 1 The State Bank of India (SBI), the country’s largest lender, started functioning as unified entity from Saturday post merger...

218

Rupee bulls shouldn’t expect USD INR to appreciate below 64-65 levels

Monetary tightening is the US is being overlooked by many analysts as the news about tax reform under President Donald Trump's administration...

256

Indian equities subdued on negative global cues

Global oil prices which were expecting a US growth lead rally also fell even as production cartel talks resumed.

154

Golden offer by HCL for 10th pass students

New Delhi, March 27: HCL Technologies Ltd. is giving an offer to high school cleared students to work with them. They will...

Reliance Industries Ltd (RIL) Chairman Mukesh Amban

158

SEBI bans RIL from equity derivatives market for a year

Mumbai, March 25: The Securities and Exchange Board of India (Sebi) on Friday banned Reliance Industries Ltd (RIL) and 12 others from...

180

BSNL launches plan to provide 2GB data per day at Rs 339

Ghaziabad, March 21 State-run Bharat Sanchar Nigam Limited (BSNL)on Tuesday launched a plan that will provide 2GB data per day for Rs...

187

SBI to shut down 47% of associate banks’ offices post-merger

New Delhi, March 21 State Bank of India (SBI), which will see five associate banks merge into it on April 1, has...

262

Cabinet clears GST draft bills; reform to boost growth by 2%

The GST Council has already approved four-tier tax slabs of 5, 12, 18 and 28 per cent plus an additional cess on...

225

Sensex down 129 pts in early trade on profit booking

Brokers said investors booked profits after recent strong rally in stocks.

138

I-T Department names tax defaulters owing Rs 448.02 crore

New Delhi, March 18: Tightening the noose on major tax defaulters, the Income Tax Department on Saturday made public the names of...

213

July 1 date with GST looks set as council clears all bills

The council, which met in the national capital, approved the state GST (SGST) and the union territory GST (UTGST) bills.

181

Tribunal asks TRAI to re-examine Jio free offers, declines stay

New Delhi, March 16: The telecom tribunal on Thursday asked the sector regulator to re-examine issues pertaining to Reliance Jio’s free promotional...

195

Strong rupee, positive global cues cheer Indian equities

Mumbai, March 16: Positive global cues, a strong rupee and healthy buying in metals, capital goods and consumer durables stocks, brought a...

207

Printing of new Rs 500, Rs 2,000 notes costs Rs 2.87 to Rs 3.77

New Delhi, March 16: The cost of printing a new Rs 500 currency note is in the range of Rs 2.87 to...

120

Indian markets well placed to absorb Fed rate hike

New Delhi/Washington, March 16: The Indian economy is strong enough to absorb the impact of the US Federal Reserve interest rate hike,...

215

New Google app unlocks Android for kids

San Francisco, March 16: If you have a kid under-13 and wish to introduce him or her to Google, the company has...

124

Key Indian equity market indices open higher

Mumbai, March 16: After the US Federal Reserve hiked its benchmark interest rate a quarter point for the second time in three months,...

139

Bad loans a challenge, large corporates at root: Jaitley

New Delhi, March 15: Finance Minister Arun Jaitley on Wednesday said that the bad loans of banks remain a challenge, with “very...

RBI processes Sovereign Gold Bonds demat requests

Mumbai, March 14: Putting at rest the Sovereign Gold Bonds (SGBs) investors’ worries over the pending dematerialisation (demat) of their allotted bonds, the...

135

India’s wholesale price inflation rose to 6.55% in February

New Delhi, March 14: India’s annual rate of inflation based on wholesale prices rose to 6.55 per cent in February 2017 as...

Sensex rallies 600 points; Nifty 50 hits record high

Mumbai, March 14: The domestic equity indices rallied in green during the early morning trade session on Tuesday. Call it the impact...

365

Expect India to be 3rd-biggest car market by 2020: Suzuki

Geneva, Mar 12 : Suzuki Motor Corporation (SMC) expects India to grow into the third-biggest car market in the world by 2020 and...

143

Air India ran Rs 321-cr operating loss, not profit, in 2015-16: CAG

New Delhi, March 10 Air India has posted a standalone operating loss for 2015-16 of Rs 321.4 crore, though the company has...

161

India’s factory output rises 2.7% post demonetisation

New Delhi, March 10 India’s factory output post demonetisation rose by 2.7 per cent in January, official data showed on Friday. The...

151

Paytm to continue free uploading of money

New Delhi, March 10: Keeping upbeat the current spirit of going digital, Mobile wallet company PayTM has made a quick U-turn in...

Minimum balance penalty to offset costs of Jan Dhan accounts: SBI

Mumbai, March 9: Providing a rationale for re-introducing penalty for non-maintenance of minimum balance in its savings accounts from April 1, State...

Selling pressure pulls Indian equities lower

Mumbai, March 8: Indian equity markets provisionally closed in the negative territory on Wednesday as a marginally weak rupee and heavy selling pressure...

Global cues, selling pressure subdue Indian equities

Mumbai, March 7: Broadly negative global cues and heavy selling pressure witnessed in metal, automobile and healthcare stocks subdued the Indian equity...

180

Finance Bill to be passed before March 31: Jaitley

New Delhi, March 7: Finance Minister Arun Jaitley on Tuesday said that the Finance Bill 2017 will be passed by Parliament before March...

Netflix signs deals with Airtel, Videocon d2h, Vodafone

New Delhi, March 6 : Global video streaming service Netflix on Monday announced strategic partnerships with Airtel, Videocon d2h and Vodafone — making...

118

Lifestyle

IBFW 2017: About beachwear, business and Bollywood

Panaji, March 5: With renowned names like Suneet Varma and Anupamaa Dayal showcasing their latest creations which suit the beach, resort wear and...

SBI: Penalty for non-maintenance of minimum balance from April 1

New Delhi, March 4: The largest public sector bank of the country the State Bank of India (SBI) has made it compulsory for...

138

Jaitley: Council clears central and integrated GST Bills

New Delhi, March 4: Making a breakthrough in implementing the new tax reform, the all power GST Council headed by Finance Minister Arun...

175

After firing 85% staff, LeEco says not exiting India operations

New Delhi, March 3: After laying off as many as 85 per cent staff across the sales, marketing and distribution departments in...

179

Council proposes ‘clause’ to levy GST peak rate up to 40 percent

New Delhi, March 3: As Goods and Services Tax (GST) Bill gears up to be presented in the second part of the Budget...

144

Bitcoin: Can RBI ignore the elephant in the room?

March 3: Virtual currencies like Bitcoin are all the rage in FinTech, and could potentially transform global commerce in the years ahead....

233

VSoft to set up development centre in Andhra

The centre would also be used for banking software development and support activities.

186

Tech

Nokia, Airtel join hands on 5G, IoT applications

New Delhi, March 1 In a strategic move, Finnish telecom equipment manufacturer Nokia and India’s largest telecom service provider Bharti Airtel on...

164

CSO: Demonetisation pulls down GDP to 7% in Oct-Dec; 7.1% projected for FY16-17

New Delhi, February 28: The Central Statistics Office on Tuesday revealed the growth stats during the quarter running along the demonetisation led by...

164

GST to come into effect from July 1: Das

New Delhi, February 28: The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on...

114

Jio effect: Airtel scraps roaming charges on calls, data

New Delhi, February 27: Bharti Airtel on Monday announced changes in its domestic and international roaming plans after Reliance Jio offered free...

118

Indian equities indices inch up on buying support

Mumbai, February 28: Indian equities markets traded on a flat-to-positive note during the early morning trade session on Tuesday, as healthy buying...

Nationwide strike brings banking operations to a halt

Chennai, February 28: Banking operations across the country came to a halt on Tuesday as 10 lakh bankers staged a strike against...

210

Railways, postal department join hands in parcel business

New Delhi, Feb 27 : The Indian Railways and the Department of Posts on Monday entered into a partnership for facilitating parcel services...

227

‘Bad bank a bad idea, bankers to strike work on Tuesday’

Chennai, February 27: The All India Bank Employees’ Association (AIBEA) has called a country-side strike on Tuesday to demand the recovery of...

111

Equities indices extend bull run on global cues, strong rupee

Mumbai, February 25: Key Indian equities indices continued their bull run for the fifth straight week to gain over a per cent...

112

Freedom 251 fraud: After Mohit Goel, police hunts for other directors

Ghaziabad, February 24: After arresting Mohit Goel, Delhi police is on a watch out for other four directors of Noida-based Ringing Bells...

211

Another victim of Rs 2000 Churan note by Children Bank of India steps forward

New Delhi, February 23: Had officials of SBI considered Sangam Vihar ATM’s Rs 2000 Churan notes as a stand-alone joke by a...

122

Taxmen to scan Companies with sudden rise in cash sales during note ban

New Delhi, February 23: In a bid to detect possible tax evasion, taxmen are closely looking at any business entity that showed a...

110

Snapdeal founders to take 100% pay cut, firm commences layoffs

Mumbai, February 23: Indian E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay...

101

Sensex hits 29000, Nifty at fresh 52-week high

Mumbai, February 23: Indian equities markets on Thursday provisionally closed on a flat-to-positive note, with the telecom sector stocks witnessing healthy buying...

120

Bharti Airtel to buy Telenor India for 7000 cr

New Delhi, Feb 23: India’s largest telecom service provider Bharti Airtel on Thursday announced that it has inked a definitive agreement to...

115

Note ban to slow down India’s GDP this fiscal to 6.6%: IMF

Washington, February 23: Due to disruptions caused by Modi government’s demonetisation drive, International Monetary Fund has yet again estimated a lower GDP growth...

139

LG launches India’s first smartphone with panic button 112

New Delhi, February 22: Adhering to Telecom authority’s guideline to make the “Panic Button” service on mobile phones mandatory from March 2017,...

127

Fresh buying support lifts Indian equities; Nifty crosses 8900 mark

Mumbai, February 21: Indian equities markets on Tuesday provisionally closed in the green to touch new 2017 highs, as healthy buying was...

125

Jio to charge for data from April; crosses 100 mn customer mark: Ambani

Mumbai, February 21: From April Reliance Jio will charge its customers for data usage announced Reliance Industries (RIL) Chairman and Managing Director Mukesh...

Natarajan-Chandrasekaran-tata sons-chairman

136

Tata Sons boss Chandrasekaran is TCS Chairman too

Mumbai, February 21: Global software major Tata Consultancy Services (TCS) Ltd on Monday announced that Tata Sons Chairman Natarajan Chandrasekaran will also...

Uncategorized

HSBC’s 2016 revenues fall 89.67%

London, Feb 21 HSBC announced on Tuesday a fall of 89.67 per cent in net profit for 2016, amounting to $1.3 billion,...

Demonetisation worsens banks’ bad loan crisis; 56.4 % rise in NPAs

New Delhi, February 20: The gross non-performing assets of state owned banks surged 56.4 per cent to Rs 614,872 crore during the 12-month period...

123

Buying jewellery over Rs 2 lakh in cash to attract 1% tax from April 1

New Delhi, February 20: Come April and get ready to shell out more out of your pocket if you make a jewellery purchase...

144

Cash withdrawal limit for savings accounts eased to Rs 50,000

New Delhi, February 20: As per RBI’s earlier directive, cash withdrawal limit for savings bank accounts is eased to Rs 50,000 from today....

145

Jio competitors see washout in Q3, losses likely in Q4 too

New Delhi, February 19: The balance-sheet of major telecom operators in India — Bharti Airtel, Idea Cellular and Reliance Communications — came...

128

Indian equities open on a flat note

Mumbai, February 20: Indian equities markets opened on a flat note with a negative bias during the early morning trade session on...

209

Gold imports shrink 32.7% to USD 19.74 bn in April-Jan

Cash crunch in the system in the wake of demonetisation also impacted the inbound shipments.

179

GST Council clears draft compensation law: Jaitley

Udaipur, February 18: Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) Council has cleared the draft compensation...

240

Indra Nooyi: Demonetisation hurt PepsiCo’s India business in Q4

New Delhi, February 18: Citing noteban’s “significant impact” on business in the last quarter of 2016 in India, the food-and-beverage giant Pepsico’s India-born...

120

Note ban hit microfinance loans in Q3 by 26%: MFIN

New Delhi, February 18: The Indian microfinance industry recorded a drop of 26 per cent in the number of loans disbursed and...

194

Sensex jumps 167.48 points to end at 28,468.75

Delhi, 17 Feb: Sensex jumps 167.48 points to end at 28,468.75; Nifty surges 43.70 points to 8,821.70. Wefornews Bureau

GST could raise solar tariffs by 10%: Report

New Delhi, February 15: Solar tariffs in India may rise by nearly 10 percent if current tax exemptions are curtailed under the proposed...

115

Disappointing Q3 results, global cues drag equities lower

Mumbai, February 15: Increased chances of an upcoming US rate hike, along with disappointing quarterly results, dragged the Indian equities markets lower...

119

1

Big fat telecom mergers to hit 25,000 jobs at least

New Delhi, February 15: While Indian telecom sector is eying the biggest waves of consolidation this year, what may come as a sheer...

142

India’s wholesale price inflation rises over 5% in January

New Delhi, February 15: India’s annual rate of inflation based on wholesale prices rose to 5.25 per cent during last month from 3.39...

Pharma pricing regulator cuts stent prices by up to 85%

New Delhi, Feb 14 In a major measure of relief to cardiac patients in India, the government on Tuesday fixed the ceiling...

99

Government IT spending to grow 9.5% in 2017: Gartner

Mumbai, Feb 13 Led by growth in business process outsourcing, the Indian government is set to spend $7.8 billion on IT in...

265

Front Page

Chidambaram asks Jaitley to cut indirect taxes immediately

New Delhi, Feb 12 : Former finance minister P Chidambaram, who feels the Union Budget for 2017-18 is “aimless and directionless”, says the...

210

Coal India’s net profit falls 20.25% in Q3

Kolkata, Feb 11 : Coal India Ltd (CIL) on Saturday reported a 20.25 percent fall in consolidated net profit to Rs 2,884.47 crore...

145

Snapdeal to fire 30% of its staff in the next two months says Report

In a major news, the online shopping platform Snapdeal is about to fire 30% of its staff in the next two months...

135

Demonetisation affected industrial growth in Dec: Arun Jaitley

New Delhi, February 11: Union Finance Minister Arun Jaitley on Friday admitted that demonetisation had hit hard industrial production in December and normalcy would...

373

Ajay Tyagi appointed SEBI Chairman

New Delhi, Feb 10 : The central government on Friday appointed senior Indian Administrative Service (IAS) Officer Ajay Tyagi as the Chairman of...

268

India’s factory output lowers in December

New Delhi, Feb 10 : A month after the government went in for demonetisation, India’s factory output contracted by (-)0.4 per cent in...

102

Buying support lifts Indian equities

Mumbai, Feb 10 Indian equities markets traded on a flat-to-positive note during the early morning trade session on Friday, as healthy buying...

232

India only economy doing reforms: Jaitley

"We stand out as the only economy doing reforms because the rest are going towards protectionism,"

201

RBI Monetary Policy 2017: Repo rate unchanged, growth estimate for FY16-17 lowered

New Delhi, February 8: Presenting Sixth Bi-monthly Monetary Policy Statement, 2016-17 today, RBI kept the repo rate and reverse repo rate unchanged at 6.25...

156

Key Indian equity indices trade flat during early session

Mumbai, February 8: Key Indian equity market indices opened flat on Wednesday ahead of the Reserve Bank of India’s monetary policy amid...

274

Front Page

RBI expected to hold interest rates at Tuesday’s review

As a result of the surge in bank deposits following the recent demonetisation of high-value currency, lending rates have fallen by up...

135

Revenue Secretary Adhia: Penalty of equal amount for receiving cash over Rs 3 lakh

New Delhi, February 5: After proposing a ban on cash transaction of more than Rs 3 lakh in the Union Budget speech,...

211

IDBI Bank employees to strike on Monday

Chennai, February 5: Citing issues related to wage revision and increasing outsourcing, as much as 2000 employees of the IDBI Bank will...

93

Budget 2017-18: What’s cheaper, what’s dearer

New Delhi, February 1: Although Finance Minister Arun Jaitley in his budget speech for 2017-18 on Wednesday said his proposals on excise...

189

#BUDGET2017: Jaitley announces tax sops to woo middle class

New Delhi, February 1: Finance Minister Arun Jaitley offered a big budgetary sop for middle class after demonetisation as he announced 50%...

179

#Union Budget 2017 Preview: What to expect from Jaitley today?

New Delhi, February 1: Finance Minister Arun Jaitley is likely to offer additional tax breaks to the salaried class, increase government spending...

143

India’s Economic Survey pegs next fiscal’s growth at 6.75-7.5%

New Delhi, Jan 31 : India’s Economic Survey for 2016-17 has pegged the country’s growth at between 6.75 per cent and 7.5 percent,...

108