Business

December 4, 2018 8:27 PM

Concerns on credit supply to small business a myth: SBI

SBI report has claimed that concerns on credit supply to small businesses are a myth, adding that the sector has had a stupendous loan growth since the launch of GST. The report prepared by SBI economists says that incremental credit to Medium and Small-scale Enterprises under priority sector lendin...

December 4, 2018 4:15 PM

Sensex slips 107 points; Nifty closes at 10,870

Benchmark domestic stocks on Tuesday closed with losses following weak global share markets.  The Sensex at the Bombay Stock Exchange fell 107 points, or 0.29 per cent, to 36,134.  The Nifty at National Stock Exchange also slipped 14 points, or 0.13 per cent, to 10,870. 

December 4, 2018 2:21 PM

New simplified GST return forms to be rolled out from April 1st next year

The new simplified GST return forms will be rolled out from April 1st next year. This was stated by Revenue Secretary Ajay Bhushan Pandey while talking to reporters on the sidelines of the Directorate of Revenue Intelligence (DRI) Foundation Day function in New Delhi today.  He said the refund proce...

December 4, 2018 12:41 PM

IAS officer AN Jha appointed as Finance Secretary

1982-batch IAS officer AN Jha has been appointed as Finance Secretary. The Appointments Committee of the Cabinet cleared Mr Jha's appointment after Hasmukh Adhia retired on the 30th of last month.

December 3, 2018 5:12 PM

Sensex up 47 points; Nifty closes at 10,884

Benchmark domestic stocks on Monday closed with marginal gains amid positive global share markets.  The Sensex at the Bombay Stock Exchange added 47 points to 36,241.  The Nifty at National Stock Exchange also ended up by seven points to 10,884. 

December 3, 2018 8:54 AM

FPIs inflow hit 10 months high of Rs 12260 cr in November

Overseas investors have pumped 12,260 crore rupees into the Indian capital markets last month. It was the highest inflow in 10 months due to falling crude oil prices and sharp rupee appreciation. In January this year, foreign portfolio investors, FPIs, had put in 22,240 crore rupees in the capital m...

December 1, 2018 7:59 PM

GST collection for November stands at Rs. 97,637 cr

The GST collection in the month of November this year stood at  97 thousand and 637 crore rupees. The collection in October had crossed one lakh crore rupees. The revenue collected in November relates to transactions made in October.  According to an official release, out of the total GST collection...

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