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GST Council reaches consensus on compensation to states

General

18 October, 2016

GST Council reaches consensus on compensation to states

The GST Council on Tuesday discussed possible Goods and Service Tax rates, including a four-slab structure of 6, 12, 18 ......

GST Council meeting to decide tax rate begins tomorrow

General

17 October, 2016

GST Council meeting to decide tax rate begins tomorrow

The crucial three-day meeting of the all-powerful GST Council, starting tomorrow, will decide on the tax rate and sort out ......

Air India posts first operating profit since merger with Indian Airlines

Infrastructure

15 October, 2016

Air India posts first operating profit since merger with Indian Airlines

For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in 2015-16, ......

HDFC raises $75 mn more in masala bonds

General

14 October, 2016

HDFC raises $75 mn more in masala bonds

Largest mortgage lender Housing Development Finance Corporation (HDFC) has raised another Rs 500 crore by issuing rupee-denominated masala bonds to ......

WPI inflation slows to 3.57% as vegetable prices soften

General

14 October, 2016

WPI inflation slows to 3.57% as vegetable prices soften

Wholesale inflation eased to 3.57 per cent in September as food articles, led by vegetables, witnessed softening of prices.The wholesale ......

Stock markets crash to the lowest level in three months

General

13 October, 2016

Stock markets crash to the lowest level in three months

Indian stocks tumbled like nine pins today, with the benchmark Sensex plunging over 439 points to close at a three-month ......

Consumer inflation falls to 4.31%, makes room for more rate cuts

General

13 October, 2016

Consumer inflation falls to 4.31%, makes room for more rate cuts

Retail inflation in September dropped to 13-month low of 4.31 per cent mainly on account of easing vegetables prices.Retail inflation, ......

Suzuki and Toyota explore technology alliance

Manufacturing

13 October, 2016

Suzuki and Toyota explore technology alliance

Japanese auto majors Toyota Motor Corp (TMC) and Suzuki Motor Corp (SMC) today announced plans to explore business partnership to ......

Debt laden ABG Shipyard to sell Western India Shipyard

Infrastructure

07 October, 2016

Debt laden ABG Shipyard to sell Western India Shipyard

ABG Shipyard has decided to divest its subsidiary Western India Shipyard Ltd and will invite bids from prospective investors. The decision ......

PE-backed NSE gets board nod for IPO through offer for sale

General

07 October, 2016

PE-backed NSE gets board nod for IPO through offer for sale

Ahead of its IPO, leading stock exchange NSEs board has decided that the public issue will be in the form ......