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The employees are on the warpath over the issue. They said that though the banks earned Rs 1.59 lakh crore profit in the last financial year, they suffered Rs 11,388 crore loss due to the bad loans. (Representational image)Business
Private investment to rise with NPA resolution, PSBs recap

Govt announced a large recapitalisation package of about 1.2 pc of GDP to strengthen balance sheets of PSBs.

29 Jan 2018 3:22 PM IST

Some start-ups in the city also reportedly received assessment notices in the past year to pay tax on the funds raised.Business
50 per cent professionals expect Budget to steep cut in corporate tax

Professionals responded to a survey expect a 500 basis points cut in corporate tax to 25 per cent in Budget.

29 Jan 2018 3:14 PM IST

Indian logistics industry which provides employment to more than 22 million people has grown at a CAGR of 7.8 pc during last 5 years.Business
India's logistics sector to reach USD 215 billion by 2020: Economic...

India has improved its rank in all the six components of logistics performance index.

29 Jan 2018 2:38 PM IST

retail inflation, economy, india, consumer price index, interest rate policyBusiness
Average inflation dips to 6-year low of 3.3 per cent in 2017-18:...

Decline in inflation was broad-based across major commodity groups except housing and fuel and light.

29 Jan 2018 2:15 PM IST

The export items mainly include marine and seafood products, automobile tyres and bicycle tyres/tubes, leather and articles of leather, yarn and fabric of wool, glass handicrafts and bicycles, the finance ministry said. (Representational Image)Business
India's external sector prospects look bright: Economic Survey

India remained eighth largest exporter in commercial services in world in 2016 with share of 3.4 per cent.

29 Jan 2018 2:07 PM IST

Union Finance Minister Arun Jaitley in the Rajya Sabha. (Photo: PTI/File)Business
Arun Jaitley tables Economic Survey 2017-18 in Lok Sabha

House will meet on February 1 when general budget for 2018-19 will be presented by the finance minister.

29 Jan 2018 1:25 PM IST

Finance Minister will present the Union Budget 2018 for the fiscal year 2018-19 on February 1. (Photo: ANI)Business
Budget Session 2018: Economic Survey to be tabled today

Economic Survey is the ministry's view on the annual economic development of the country.

29 Jan 2018 10:31 AM IST

The total value of P-Notes investment in Indian markets -- equity, debt and derivatives -- fell to Rs 1,79,648 crore in November-end, from Rs 1,99,987 crore at the end of October.Business
P-Notes investment hits 6-month high of Rs 1.5 lakh crore in Dec

P-note investments were on a decline since June and hit an over eight-year low in September.

29 Jan 2018 9:55 AM IST

The middle and the salaried class, who have been severely hit by the high service tax in GST, is likely to get relief as Arun Jaitley may raise the tax slab in personal income tax.Business
Tough task for Arun Jaitley to balance Budget

Must sharply raise divestment target to maintain deficit.

29 Jan 2018 1:04 AM IST

Finance minister Arun Jaitley.Business
Jaitley says GST stabilised in short time, hints at further rejig

At present, GST has four rates of 5 per cent, 12 per cent, 18 per cent and 28 per cent.

27 Jan 2018 2:39 PM IST

\The dollar and Treasury bond yields initially fell while equities soared on the news,\ said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange.Business
Foreign exchange reserves scale new high of USD 414.784 billion

As per data issued by RBI, reserves saw a spike of USD 959.1 million during aforementioned time period.

27 Jan 2018 11:20 AM IST

The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it.Business
GST filing made easier with GSTmadeeasy

GSTmadeeasy is a complete end to end business solution which will take care of all GST related issues.

27 Jan 2018 11:11 AM IST

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