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Sebi said in a notification that an unlisted company can be merged with a listed one only if it is listed on a stock exchange having nationwide trading terminals.Business
Govt expects upto Rs 4000 cr surplus funds from SEBI to bridge fiscal...

The government has already sought dividend of about Rs 13,000 crore from the Reserve Bank of India for 2016-17.

4 Feb 2018 2:16 PM IST

Despite a strong growth in Indias GDP for the second quarter of this fiscal year, the equity markets slumped another 1 per cent on Friday as rise in global oil prices and concerns regarding higher fiscal deficit dented sentiments.Business
Double-digit growth difficult in current global scenario, says top...

Department of Economic Affairs Secretary Subhash Chandra Garg said that in 2020-21 'India should' be able to grow at...

4 Feb 2018 1:44 PM IST

Finance Minister Arun Jaitley, on Thursday, tabled the Union Budget 2018 in the Parliament. (Photo: ANI)Business
Budget non-populous, special scheme without substance: environmental...

The South Asia Network on Dams, Rivers and People (SANDRP) said the budget had a 'lacklustre' approach towards the...

4 Feb 2018 11:22 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)Business
Jaitley launches country's first sentiment index CriSidEx to boost...

CriSidEx, developed jointly by CRISIL and SIDBI, is a composite index and measures MSE business sentiment on a scale of...

3 Feb 2018 4:01 PM IST

Meanwhile, the RBI said gold reserves remained unchanged at 20.421 billion dollars. (Photo: ANI)Business
Forex reserves soar by USD 3 billion to USD 417.789 billion

Earlier, foreign exchange reserves registered a new high of USD 414.784 billion in the week to January 19.

3 Feb 2018 12:38 PM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.Business
Inflation risks overdone; RBI rate cut likely in August: report

RBI in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 pc and reverse repo at 5.75 pc.

3 Feb 2018 11:19 AM IST

Companies will have to spell out the financial parameters, as well as the various internal and external factors to be considered for declaring dividend.Business
Govt expects lower dividend proceeds from PSUs in FY19

As per Budget estimate for 2017-18, the govt expected Rs 67,529.24 crore from central PSUs.

3 Feb 2018 11:09 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI AssochamBusiness
Retail inflation for industrial workers rises to 4 per cent in Dec

Food inflation stood at 4.32 per cent against 3.91 per cent of the previous month.

3 Feb 2018 10:44 AM IST

An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\Business
Rs 80,000 crore divestment, 3.3 per cent deficit target achievable:...

UK India Business Council, is a membership-based organisation works with businesses in both countries.

2 Feb 2018 5:37 PM IST

Finance Minister Arun Jaitley on Sunday once again hinted that there is scope for lesser slabs under the Goods and Services Tax. Photo: ANI| TwitterBusiness
Big corporates cry foul over no tax relief in Union budget 2018

Jaitley in budget for 2018 announced lowering of corporate tax rate to 25 pc for businesses with a turnover of up to Rs...

2 Feb 2018 5:26 PM IST

Karnataka & Goa on Wednesday piloted fact-finding searches at the nine exchanges of Bitcoin in the country, including two in Bengaluru. (Photo: DC)Business
I-T will tax bitcoin trade, has issued few lakh notices: CBDT

The government in December cautioned investors to be wary of virtual currencies like bitcoin.

2 Feb 2018 4:05 PM IST

Union Finance Minister Arun Jaitley said the government gave opportunity to people to come clean about their accounts held abroad. (Photo: ANI | Twitter)Business
Cut in corporate tax to boost MSMEs growth: top officials

On Thursday, Arun Jaitley proposed to lower corporate tax rate to 25 pc for businesses with turnover up to Rs 250 cr.

2 Feb 2018 3:44 PM IST

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