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Business

Digital India to create Internet access to all: Manoj Sinha

Since January 1, 2017, more than 26.7 billion digital transactions have been completed in India.

30 Nov 2017 4:38 PM IST

The Karnataka Development Authority has instructed the banks that a Kannada unit must be established in all the branches. (Photo: PTI/Representational)

Business

Fitch may revise banks' rating if recapitalisation done early

Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.

30 Nov 2017 4:22 PM IST

Finance Minister Arun Jaitley took to social media to mark the one-year anniversary of demonetisation with his note A year After Demonetisation. (Photo: PTI)

Business

India has standardised itself for 7-8 per cent growth, says Jaitley

India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

30 Nov 2017 3:38 PM IST

Business

Jaitley indicates merger of 12 per cent, 18 per cent GST slabs

Jaitley said GST started with different tax rates and they have rationalised rates on many items.

30 Nov 2017 3:38 PM IST

Indias fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo: PTI/Representational)

Business

India's fiscal deficit crosses 96 per cent of FY18 target at Oct-end

The fiscal deficit -- the difference between expenditure and revenue -- was Rs 5.25 lakh crore during April-October of...

30 Nov 2017 3:25 PM IST

Income tax investigators raided as many as 35 premises belonging to 7 finance firms in Salem, Karur and Tirupur since Thursday night, I-T sources said here on Friday.

Business

Flat income tax system undesirable for India due to high income...

Stakeholders believe a flat income tax rate is not progressive in an unequal society like India.

30 Nov 2017 3:06 PM IST

Business

India poised to become world's third largest economy: Prabhu

Government wants to take manufacturing to 20 per cent of the GDP, helped by SMEs.

30 Nov 2017 2:36 PM IST

There are no data leakage problems from the Aadhaar servers and networking, assured Mr Rudra Murthy.

Business

Amazon, Paytm, other e-commerce firms now demanding Aadhaar for...

Aadhaar is now mandatory for a host of government services and subsidies.

30 Nov 2017 1:07 PM IST

Indias economic growth pace likely picked up in the three months ending in September, halting a five-quarter slide. (Photo: PTI/Representational)

Business

India seen posting stronger GDP as businesses adjust to GST

The economy had slowed down to a trickle of 5.7 per cent in the June to April quarter, largely on GST and note ban...

30 Nov 2017 9:23 AM IST

$The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo:$ Business