Home » Business » Economy

Economy - Page 476

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

IUC row simmers: Jio says COAI had no business airing views

Trai is reviewing call connect charges and the industry is sharply divided over whether the rates should be increased or...

27 July 2017 7:09 PM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

India to overtake US as 2nd largest 4G phone market:report

With an estimated installed base of 340 million 4G devices, India will displace the US as second largest market.

27 July 2017 6:06 PM IST

Food Processing Minister Harsimrat Kaur Badal

Food processing sector attracted FDI worth $183 million in May-June

Rs 6,000 crore has been allocated to put up units inside the 42 mega food parks.

27 July 2017 4:50 PM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

I-T department to launch massive crackdown against shell companies

MCA has already cancelled registrations of over 1.62 lakh companies for non-filing of financial statements.

27 July 2017 3:29 PM IST

The recent measures taken by the Reserve Bank of India (RBI) to resolve non performing assets (NPAs) in the banking system under the Insolvency and Bankruptcy Code (IBC) would require banks to take a 60 per cent haircut on their loan assets, ratings agency Crisil said on Monday.

RBI to cut repo rate by 25 bps on August 2: HSBC

According to the global financial services major inflation in India has fallen dramatically.

27 July 2017 1:39 PM IST

70% of the complaints about overpricing on the pretext of GST are from semi-urban and rural areas which have lower levels of awareness.

Nearly a month on, GST makes business more complicated than ever

GST was meant to unify $2 trillion economy and make it easier for companies to transact across state borders.

27 July 2017 11:59 AM IST

Prime Minister Narendra Modi (Photo: PTI/File)

New Wage Code Bill will set a minimum wage across all sectors

The proposed legislation is expected to benefit over 4 crore employees across the country.

27 July 2017 10:49 AM IST

Some bankers have suggested that RBI has stopped supplying new Rs 2,000 notes.

Arun Jaitley mum on Rs 2,000 note rumours

Naresh Agrawal leads Opposition to bombard questions at Jaitley during Zero Hour.

27 July 2017 12:32 AM IST

Shipping Minister Nitin Gadkari

Logistics to gain most from GST; costs to dip 20 per cent: Gadkari

He said that logistics parks are being set up at various places to act as freight aggregation and distribution hubs.

26 July 2017 8:57 PM IST

Aadhaar is a unique identity.

UIDAI spends Rs 9,055 cr to enrol, despatch Aadhaar numbers

This includes expenditure of Rs 3,819.97 crore towards enrolment and Rs 1,171.45 crore towards logistics.

26 July 2017 6:13 PM IST

elecom Minister Manoj Sinha

Telecom M&As mean better spectrum utilisation, services: Manoj Sinha

M&As among operators offers consolidation for providing better services by efficient utilisation of the radiowaves.

26 July 2017 5:58 PM IST

Steel Minister Chaudhary Birender Singh (Photo: Screengrab)

India's crude steel production dips to 7.9 million tonnes in June

Domestic production in the first six months of 2017 increased by 5.3 per cent to 49.48 million tonnes.

26 July 2017 5:23 PM IST