Home » Business » Economy

Economy - Page 238

Vedanta to set up new steel Plant

Vedanta would initially invest about $300 million to augment capacity of ESL to 2.5 MT from the existing 1.5 MT.

26 Dec 2018 6:07 AM IST

The council said its actions could involve regulations banning imports of gold produced in violation of human rights or through voluntary measures and use of existing law.

Gold ETFs see Rs 280 Crore Pulled out

However, the segment had witnessed an infusion of Rs 1,414 crore in 2012-13.

26 Dec 2018 6:04 AM IST

Finance minister Arun Jaitley

West saw large endowments due to inheritance tax, says Arun Jaitley

Inheritance tax is levied on the wealth inherited by the legal heirs of a deceased person.

26 Dec 2018 5:58 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

12 and 18 percent GST rates may be merged in future, says Arun Jaitley

He said that GST has helped in controlling inflation and evasion has also come down.

25 Dec 2018 6:30 AM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

Slowing GDP growth cause for concern: Kaushik Basu

The country's economy grew at 7.1 per cent in July-September, the lowest in three quarters.

24 Dec 2018 5:59 PM IST

New RBI governor should follow his -"dharma-" to protect autonomy:...

Former RBI Governor seemed to suggest that the RBI can look at accommodating other factors if the headline inflation is...

24 Dec 2018 5:05 PM IST

Finance Minister Arun Jaitley on Wednesday said that the reasons for the fall in rupee against the dollar are purely global. (Photo: Twitter | ANI)

GST standard rate to be fixed between 12-18 pc as revenues increase:...

The GST Council in its last meeting cut rates on 23 items, thereby trimming the 28 per cent slab.

24 Dec 2018 12:42 PM IST

While Infosys did not comment on the date of accomplishment, it said it will consider setting up a campus in Warangal upon the request of the minister.

A bet in options mart predicts 7per cent infy fall

They expect Infosys stock price would fall after it announces its results for the third quarter.

22 Dec 2018 2:43 AM IST

The Nifty closed at 11,470.75, gaining 85.70 points or 0.75 per cent while the Sensex soared 284.32 points or 0.75 per cent to end at 37,947.88.

Sensex falls 690 pts on US scare

Concerns over the rupee also loomed over IT and tech stocks, analysts said.

22 Dec 2018 2:28 AM IST

The rating agency noted that losses were reported at 19 of the 21 state banks in FY18, including State Bank of India (SBI), while earnings at the large private banks also came under significant pressure, with Axis Bank reporting its first-ever quarterly loss.

Bank unions threaten stir on December 21

Apart from this, the statement said the bank officials body also wants a five-day week for bank officials.

20 Dec 2018 5:09 AM IST

With an average fixed download speed of 23 mbps, the country improved by an impressive 50.4 per cent but is still ranked at 65th position.

India ranks 111 in mobile net speed

Speed has improved by 15% last year, but trails behind China, tied with Brazil

20 Dec 2018 4:57 AM IST

Union Finance Minister Arun Jaitely (Photo: PTI)

Regulators can't work in isolation: FM on spar with RBI, ex-governor...

Finance Minister Arun Jaitely.

19 Dec 2018 11:55 AM IST