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July 14, 2017 6:45 AM
Government has clarified that the sale of old jewellery by an individual to a jeweller will not attract any GST as the sale is not for furthering any business. In a statement, Finace Ministry said that the sale of old jewellery by an individual to a jeweller will not attract the provisions of GST an...
July 14, 2017 6:41 AM
State Bank of India has said that India has leapfrogged three years of digitisation in just seven months post demonetisation and the government's drive to promote use of debit and credit cards at point of sale or PoS terminals. According to a SBI research report, the volume of digital trans...
July 13, 2017 7:25 PM
The Sensex at the Bombay Stock Exchange breached the 32,000 mark for the first time ever in morning trade. Later, the Sensex remained strong, and had surged 236 points, or 0.7 percent, to 32,041 a short while ago. The Nifty at the the National Stock Exchange also touched a new intra-day peak, and ha...
July 13, 2017 10:17 AM
The flagship Sensex broke through the 32,000-mark for the first time ever, which gave the uptrend more lift according to traders. The BSE Sensex climbed 215 points to 32,020 in early session today and Nifty too hit a fresh life high of 9,878. Meanwhile, the rupee strengthened 15 paise to 64.39 again...
July 13, 2017 7:54 AM
Retail inflation hit a "historically low" level of 1(points)54 per cent in June this year. Inflation had stood at 2.18 per cent in May this year, and at 5.77 per cent in June last year. PTI reports that Chief Economic Adviser Arvind Subramanian has said that the inflation rate of 1...
July 12, 2017 8:16 PM
Retail inflation hit a "historically low" level of 1.54 per cent in June this year. Inflation had stood at 2.18 per cent in May this year, and at 5.77 per cent in June last year. PTI reports that Chief Economic Adviser Arvind Subramanian has said that the inflation rate of 1.54 per...
July 12, 2017 7:53 PM
Growth in the country's industrial output slowed to 1.7 per cent in May this year, year-on-year. Industrial output had grown 8 per cent in May last year. According to data released by the Central StatisticsOffice, today, mining sector output contracted 0.9 per cent in May, while manufacturi...
July 12, 2017 4:31 PM
The Sensex at the Bombay Stock Exchange gained 58 points, or 0.2 percent, to a fresh record closing high of 31,805, on Wednesday. The Nifty at the National Stock Exchange rose 30 points, to a new all-time closing peak of 9,816.
July 12, 2017 8:23 AM
Markets regulator sebi has amended the guidelines for eligible foreign investors looking to operate at the International Financial Services Centre, IFSC.According to the new guidelines, a trading member of a stock exchange in the IFSC can now carry out the due diligence for an eligible foreign inves...
July 12, 2017 7:46 AM
Markets regulator sebi has amended the guidelines for eligible foreign investors looking to operate at the International Financial Services Centre, IFSC.According to the new guidelines, a trading member of a stock exchange in the IFSC can now carry out the due diligence for an eligible foreign inves...
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