India Post Payment Bank to become operational in 650 districts by April 2018

The government today said India Post Payments Bank will become operational in all 650 districts of the country by April next year. They will facilitate financial inclusion. In reply to a question, Minister of Communications Manoj Sinha said in New Delhi that these banks will be linked to 1.55 lakh r...

World Food India 2017 fair is mega platform for all stakeholders: Harsimrat Kaur Badal

Sensex soars 387 points to new record high

The Sensex at the Bombay Stock Exchange spurted 387 points, or 1.2 percent, to a record closing high of 33,600, on Wednesday. The Nifty at the National Stock Exchange surged 105 points, to a new lifetime peak of 10,441. Stocks rallied after India's ranking in a World Bank report on Ease of ...

Sensex spurts 387 points to 33,600

The Sensex at the Bombay Stock Exchange spurted 387 points, or 1.2 percent, to a record closing high of 33,600, on Wednesday. The Nifty at the National Stock Exchange surged 105 points, to a new lifetime peak of 10,441. Stocks rallied after India's ranking in a World Bank report on Ease of ...

Sensex, Nifty again hit life-time highs as India's ranking improves in World Bank's report on Ease of Doing Business

The domestic stock markets have shot up, to again scale record intra-day highs, today, following a World Bank report on Ease of Doing Business, in which India's ranking improved dramatically by 30 places, to the 100th position. So after a strong opening, the Sensex gained considerably more ...

SBI cuts benchmark lending rate by 0.05 pc across maturities

The country's largest lender State Bank of India (SBI) today slashed benchmark lending rate by 0.05 per cent across maturities. The reduction in marginal cost of funds based lending rate (MCLR) came after a gap of almost 10 months. The move by the SBI will trigger rate cut by other lenders....

Government extends deadline for return filing of audit reports to November 7

The government tonight extended the last date for e-filing of income tax returns for those taxpayers who file audit reports. The last date has been extended from 31 October to 7 November, 2017. This is the second extension given to them after the first deadline expired on September 30 and it was ext...

Government sets up Arun Jaitley led panel on PSU bank mergers

The government has constituted a ministerial panel headed by Finance Minister Arun Jaitley to oversee merger proposals of state-owned banks. The other members of the panel include Railway and Coal Minister Piyush Goyal and Defence Minister Nirmala Sitharaman. In a tweet, Financial Services Secretary...

SC to hear plea of industries seeking time to implement ban on pet coke, furnace oil

The Supreme Court today agreed to hear on the coming Monday a plea of a group of industries seeking reasonable time to implement its order banning use of furnace oil and pet coke to curb pollution. A bench of Justices J Chelameswar and S Abdul Nazeer said the appropriate bench will hear the matter. ...

Govt extends last date for filing of GSTR-2 to Nov 30<br/>

Government has extended the last date of filing of GSTR-2 for July to 30th of next month to facilitate businesses and all taxpayers. Earlier, the last date was till today. GSTR-2 or purchase returns have to be matched with GSTR-1 which is the sales return.The Finance Ministry has also extended the d...