Business

March 9, 2018 9:14 PM

Over 1 crore businesses registered under GST: Govt

Over one crore taxpayers have registered under the Goods and Services Tax (GST), which was rolled out from in July last year. It has subsumed over a dozen local taxes, including excise duty, service tax and VAT. Minister of State for Finance Shiv Pratap Shukla said a total of around one crore four l...

March 9, 2018 9:06 AM

Direct tax collections registers growth of 19.5% till Feb current fiscal

Direct tax collections have registered a growth of 19(point)5 per cent till February of the current fiscal as compared to corresponding period of last year. The Direct Tax collections till February stood at 7.44 lakh crore rupees.  The net Direct Tax collections represent 74.3 per cent of the revise...

March 6, 2018 4:14 PM

Sensex loses 430 points; Nifty closes at 10,249

Domestic stock markets today dropped over one per cent even global markets showed firmness.  The key stocks plunged for fifth straight session.  The Sensex at the Bombay Stock Exchange lost 430 points, or 1.27 per cent, to 33,317.  The Nifty at the National Stock Exchange declined 110 points, or 1.0...

March 6, 2018 2:12 PM

ICICI s Kochhar, Axis Sharma summoned in PNB fraud case

ICICI Bank Chief Chanda Kocchar and Axis Bank Managing Director Shikha Sharma were summoned for interrogation on Tuesday by Serious Fraud Investigation Office (SFIO), Mumbai, in the Punjab National Bank (PNB) scam case.  Both the bankers have been summoned in a case of over 5,000 crore rupee working...

March 5, 2018 9:25 PM

Sensex falls by 300 points; Nifty losses 100 points

The Sensex at Bombay Stock Exchange today fell for the fourth straight session to close below the psychological 34 thousand mark. It lost 300 points or 0.88 per cent to 33,747. The Nifty at National Stock Exchange declined 100 points or 0.95 per cent to 10,359.

March 5, 2018 8:21 AM

RBI tightens PSL norms for banks by directing them to create sub-targets

The Reserve Bank of India (RBI) has further tightened the priority sector lending (PSL) norms for foreign banks by directing them to mandatorily create sub-targets so that they lend a portion of their loans to small and marginal farmers as well as micro enterprises (MSMEs) from April.  The move is d...

March 1, 2018 2:12 PM

Sensex, Nifty remain flat in afternoon deals

Key domestic stocks were trading almost flat with marginal up in afternoon deals.  Gains triggered by better-than-expected domestic economic growth were almost offset by losses due negative Asian and European stocks.  The Sensex at Bombay Stock Exchange gained 43 points or 0.13 per cent to 34,227.  ...

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