Business
India's Biggest Tax Hike in a Decade May Cut Palm Oil Imports
India announced late on Friday that it raised its import tax on crude palm oil to 30 percent from 15 percent, while the duty for refined palm oil has been raised to 40 percent from 25 percent.
India, World Bank Ink $98 Million Loan Pact for Clean Energy
The Shared Infrastructure for Solar Parks Project will finance Indian Renewable Energy Development Agency Ltd (IREDA), to provide sub-loans to states to invest in various solar parks, the World Bank said in a statement.
GST, Note Ban Have Lowered Cities' Real Estate Ranking: Report
As per a survey conducted jointly by the Urban Land Institute and consultancy PwC India, the initial effects of demonetisation and GST reforms reflected in the investment and development prospects of the country's cities which have moved out from the prem...
8 Things You Must Know About Public Provident Fund
If you are delving on saving in a PPF, here are some facts and features of Public Provident Fund that you must know
Sensex Falls 92 Points to Close Below 33,000 on Inflation Worries
Sentiments suffered a jolt after retail inflation climbed to 7-month high in October, dampened hopes of a cut in interest rates by the Reserve Bank at its upcoming policy meet early next month, brokers said.
Rupee Moves up 13 Paise to 65.29 Against US Dollar
The benchmark Sensex went up 81.98 points, or 0.25 per cent, to 33,115.54 in opening trade.
New India Assurance Shares List at Over 6 Per Cent Discount
The New India Assurance stock listed at Rs 748.90, down 6.38 per cent, compared to the issue price on the BSE. At the NSE, shares of the company debuted at Rs 750, a loss of 6.25 per cent from the issue price.
Luxury Goods Like Tobacco to Attract 28% GST; 150 Items to Get Cheaper
In a meeting held on Friday in Guwahati, GST council decided to drop items used by common man from the highest tax slab and lower their taxes to 18%.
Provide Doorstep Banking to Those Above 70 by December 31: RBI
Banks have been directed that senior citizens and specially-abled persons, including the visually-impaired, should be provided basic services like pick-up and delivery of cash, chequebooks and demand drafts at their residence.
Government Doubles Import Duty on Wheat to 20 Percent
In March, the government had imposed 10 percent import duty on wheat to contain sharp fall in local prices in view of bumper crop of 98.38 million tonnes in 2016-17 crop year (July-June).
Demonetisation Took Away 21,000 Jobs in Surat Alone: Manmohan Singh in Gujarat
During a visit to poll-bound Gujarat, Former Prime Minister Manmohan Singh hits out at Centre over note ban and GST. He said "Demonetisation was organised loot and legalised plunder."
Sensex Hits New Record of 33,853.63; Nifty Rises 34 Points
The broader Nifty gained 33.95 points, or 0.32 per cent, to trade at 10,485.75, approaching towards its life-time high of 10,490.45 points (intra-day) touched on Monday.
Panama Papers: Rs 792 Crore Undisclosed Money Detected by I-T Department
Over a year after Washington-based International Consortium of Investigative Journalists (ICIJ) made the documents public, the CBDT said it has found 147 of the total 426 cases "actionable".
Expand Electricity Act to Promote Cross-border Trade: ADB
The Asian Development Bank (ADB) said access to power in South Asia is low and the South Asian Association for Regional Cooperation (SAARC) members face acute electricity shortages, adversely impacting their socio-economic development.
Easier to do Business in India Than Ever Before, Says PM Modi
The jump to 100th rank on this year's World Bank Ease of Doing Business index, from last year's 130, is the biggest by any country this year, he said while addressing the World Food India conference here.
66% of Women's Work Unpaid in India: WEF
According to the WEF Global Gender Gap Report 2017, on an average 66 per cent of women's work in India is unpaid, compared to 12 per cent of men's.
