Business

Driven by spike in global commodity prices, benchmark Sensex-30 companies are likely to post 9.1 percent jump in profits, for the fourth quarter of the fiscal gone by, says a report.

Union Minister of State for Finance Arjum Ram Meghwal on Sunday expressed confidence that the historic tax reform Goods and Services Tax (GST) will roll out from July 1.

He said the customers can upgrade to 4G sim for free and choose from a range of prepaid and postpaid plans that offer generous dollops of high speed data.

The BSE Sensex fell about 73 points to trade at 29,575 in early trade of the last session of 2016-17 as the April derivatives series started on a negative note amid a mixed trend in the global market.

"There is going to be certain changes (in the FTP)" due to the implementation of GST, he said here at the function of Federation of Indian Export Organisations (FIEO) here.

Godrej Group chairman Adi Godrej on Saturday hailed demonetisation and the proposed GST bill, stating that believers in India's strong future outstripped its doubters.

Jaitley made the remarks while making an intervention during a debate on the demands for grants for the Defence Ministry. “Therefore, whenever we take political positions on those issues, at the end of the day, we must realise that the size of the entire...

Reversing its 4-day climb, the rupee fell 24 paise to 65.65 against the dollar on Friday as the American currency got some of its lure back among banks and importers.

Weeks before the new tax amnesty scheme closes, the government has clarified that any hard cash being disclosed must exist at the time of making payments, but the same condition is not necessary for undisclosed income held in the form of deposits.

The market moved back and forth many a time today, but ultimately shaped up in nick of time to close with paltry gains as investors waited for the state election results.

Paytm users will now have to pay a two per cent fee for adding money to their wallets using credit cards.

The Delhi High Court on Wednesday asked the RBI whether its permission was required if there is no other objection to the enforcement of the USD 1.17 billion arbitral award in favour of Japanese telecom major NTT Docomo in its case with Tata Sons.

The rupee staged a smart rebound after a brief overnight wobble and ended higher by 12 paise at 66.70 against the American currency on fresh bouts of dollar selling amid upbeat sentiment post GDP data release.

Unions are also opposed to the proposed labour reforms of the government and outsourcing of permanent jobs in the banking sector. Some of the demands include compensation of employees and officers for extra hours they put in following demonetisation in No...

The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals.

The government has no plans to introduce Rs 1,000 notes and the focus is on increasing production of lower denomination currencies, Economic Affairs Secretary Shaktikanta Das said on Wednesday.