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\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
India's holdings of American govt securities touch USD 135.7 billion

India is the 12th largest holder of US government securities just behind Saudi Arabia.

1 Oct 2017 12:12 PM IST

The RNR is the rate at which there will be no revenue loss to the Centre and states in the Goods and Services Tax (GST) regime.Business
How GST is likely to adversely affect Bhutanese economy

Exports to India will be subjected to GST, removing Bhutan's previous competitive edge over Indian producer, said an ADP...

1 Oct 2017 11:42 AM IST

Minister for Road Transport and Highways and Shipping Nitin Gadkari. (Photo: File)Business
Gadkari pushes for modern bus terminals, says govt can fund partially

He said talks are also on with World Bank and Asian Development Bank to help India replicate the London Transport...

1 Oct 2017 10:35 AM IST

The schemes run by EPFO and ESIC provide mandatory cover to formal sector workers in the country.Business
EPFO cracks whip on 700 PF trusts for not filing returns

The EPFO in 2014 made it mandatory for private PF trusts to file returns online.

30 Sept 2017 4:51 PM IST

The CBEC has now notified the dates for filing the GST returns forms.Business
EasemyGST working on ways to help SMEs ease compliance burden

SMEs are facing issues because of which there is delay in compliance by a number of enterprises.

30 Sept 2017 3:21 PM IST

The Sensex opened lower at 26,497.71 and dipped to a low of 26,407.58 before bouncing back at 26,737.86, it was quoting at 26,684.94 at 1100 hours, a gain of 82.10, or 0.31 per cent.Business
Indian markets lose sheen on economic travails, but investors keep...

India's economy grew 5.7 per cent in the April-June quarter, its slowest pace in more than three years.

30 Sept 2017 12:20 PM IST

Number of tax returns filed soared to 2.83 crore as against 2.27 crore in the previous year.Business
Direct tax collections up 15.7 per cent to Rs 3.7 lakh crore till Sept...

Number of tax payers increased from 4.72 crore in FY 2012-13 to 6.26 crore during 2016-17 fiscal.

30 Sept 2017 11:53 AM IST

RBI has included HDFC in its list of too big to fail banks.Business
RBI to sell govt bonds worth Rs 10,000 crore via open mkt operations

Central bank wants to mop up liquidity from the system through sale.

30 Sept 2017 11:28 AM IST

Union Finance Minister Arun Jaitley (Photo: PTI)Business
Slew of measures taken to better tax administration: Arun Jaitley

Recently tax rate for income of Rs 2.5 lakhs to Rs 5 lakhs was reduced from 10 per cent to 5 per cent.

30 Sept 2017 11:02 AM IST

Food and Consumer Affairs Minister Ram Vilas Paswan.Business
Deadline for selling pre-GST goods extended to Dec 31: Paswan

After implementing GST from July 1, the government had allowed use of stickers with revised rates.

29 Sept 2017 8:37 PM IST

Forex reserves have been rising with a total accretion of $4.389 billion to the kitty since July 14, 2017.Business
Forex reserves drop by USD 262.3 mn to USD 402.246 billion

The country's reserve position with the IMF declined by USD 1.8 million to USD 2.291 billion.

29 Sept 2017 8:10 PM IST

Nomura expects the fiscal deficit target of 3.5 per cent for 2016-17 to be met and to be consolidated further to 3 per cent of GDP in 2017-18.Business
Fiscal deficit touches 96.1 per cent of budget estimate at Aug-end

Government aims to bring down the fiscal deficit to 3.2 per cent of the GDP.

29 Sept 2017 7:03 PM IST

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