Business

The Finance Ministry on Thursday exuded confidence that currency and stock markets, which tumbled following the surgical strike, will stabilise in the next few days and decisive action against terrorism will spur growth.

The government announced the new import policy for marble, travertine blocks and granite slabs which removes various restrictions and comes into effect from October 1, 2016.

Retail inflation eased to a five-month low of 5.05 per cent in August, mainly because of a slower rate of price increase in vegetables as well as food and beverages.

While the Centre will have one-third vote, states together will have a two-third say. To adopt a resolution, three-fourth majority would be required.

Britain was found to be slightly less equal than the US, with its millionaires controlling around 35 per cent of the total wealth there.

"The bonus entitlement for 2014-15 and 2015-16 will be released on the revised norms for central government employees. This was pending for two years. After this, the bonus will be covered under the 7th Pay Commission," Finance Minister Arun Jaitley told...

After the five-month ban, in November last year, Nestle India relaunched Maggi noodles in the Indian market.

Rajan, who succeeded in halving the inflation rate from the double digit levels prevailing when he took over.

Union Finance Minister Arun Jaitley that the government can think in lower tax regime only when more and more people pay taxes.

Ola Rentals allows corporate users to have a cab at their disposal throughout the day so that they can easily move from one place to the other for back to back meetings, local sightseeing, or shopping trips, without having to book a cab again and again.

The decision had been widely expected after consumer inflation accelerated to 5.77% in June, near the top of the Reserve Bank of India's 2-6% range, and above its target of 5% by March 2017.

Now that's how you get out of the corporate rut!

The rupee had recovered by 8 paise to close at 66.91 in Thursday's trade.

The rupee opened higher at 66.85 per dollar from Wednesday's closing level of 66.99 at the Inter-bank Foreign Exchange (Forex) market.

The 66-year-old Constitution, which gives power to Centre to levy taxes like excise, and empowers states to collect retail sales taxes, was amended though the 122nd Constitution Amendment Bill.

We have already addressed the concerns of the state governments and I am hopeful of a rollout GST early next year: Jaitley