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Sensex surrenders record gains on GST blues, mixed global cues

By   /  June 21, 2017  /  Business  /  Comments Off on Sensex surrenders record gains on GST blues, mixed global cues

Mumbai, June 20 (PTI): The BSE Sensex slipped from record highs to close down by over 14 points on Tuesday on profit booking in recent gainers as investors turned cautious apprehending early glitches in GST rollout amid mixed global cues. BSE 30-share barometer, after charting the positive terrain for the better part of the session, […]

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Hike adds wallet, UPI payment features to messaging platform

By   /  June 21, 2017  /  Business  /  Comments Off on Hike adds wallet, UPI payment features to messaging platform

New Delhi, June 20 (PTI): Homegrown messaging app Hike has added payments feature allowing its 100 million users to transfer money as well as pay mobile phone bills, in an effort to cash in on the growing digital transactions in India. Hike is the first messaging platform in the country to have an integrated wallet. […]

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Car makers woo customers ahead of GST with huge discounts

By   /  June 16, 2017  /  Business  /  Comments Off on Car makers woo customers ahead of GST with huge discounts

New Delhi, June 15 (PTI): As customers wait for prices to come down after GST implementation, automobile companies are wooing them with attractive limited period discounts of up to Rs 2.5 lakh across a range of vehicles . Maruti Suzuki, Hyundai, Honda, Nissan, Mahindra and Mahindra and Ford India have all come out with different […]

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GST Council to vet e-way, anti-profiteering rules on June 18

By   /  June 16, 2017  /  Business  /  Comments Off on GST Council to vet e-way, anti-profiteering rules on June 18

New Delhi, June 15 (PTI): The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures. This will be the 17th meeting of the GST Council, chaired by Union Finance Minister Arun Jaitley and comprising state counterparts. The Council […]

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Reliance Jio restate its benefits

By   /  June 14, 2017  /  Business  /  Comments Off on Reliance Jio restate its benefits

Staff Reporter Dimapur, June 13 (EMN): Reliance Jio Dimapur continuing with its effort to penetrate into its customers restated the benefits of Reliance Jio on Tuesday in a press interactive session which was held at Reliance Jio infocomm Ltd office in Dimapur. State Head, cooperate communications, Reliance Jio Infocomm Ltd Anjuli Chittaranjan and Dimapur representative […]

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GST rollout from July 1; Govt scotches rumours of deferment

By   /  June 14, 2017  /  Business  /  Comments Off on GST rollout from July 1; Govt scotches rumours of deferment

New Delhi, June 13 (PTI): The Goods and Services Tax (GST) – the nation’s biggest tax reform since independence — is on track for scheduled implementation from July 1, a top government official said today, scotching rumours of a delay. “The rumours about GST implementation being delayed are false. Please do not be misled by […]

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SEBI allows options trade in commodity futures

By   /  June 14, 2017  /  Business  /  Comments Off on SEBI allows options trade in commodity futures

Mumbai, June 13 (IANS): Securities markets regulator SEBI on Tuesday allowed exchanges to commence options trade in commodities futures on a pilot basis. “It is decided that initially, on a pilot basis each exchange shall be allowed to launch options on futures of only one commodity that meets the criteria prescribed,” the securities market regulator […]

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Markets To Take Cues From Economic Data, US Central Bank Rate Move: Experts

By   /  June 11, 2017  /  Business  /  Comments Off on Markets To Take Cues From Economic Data, US Central Bank Rate Move: Experts

New Delhi, June 11 (PTI): A string of key developments such as the announcement of macroeconomic data, the progress of monsoon rainfall and a decision on the interest by the Federal Reserve in the United States will prove to be trigger points for the domestic bourses in the week starting June 12, according to experts. […]

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GST reduced for 66 items, movie tickets over Rs 100 at 28%

By   /  June 11, 2017  /  Business  /  Comments Off on GST reduced for 66 items, movie tickets over Rs 100 at 28%

New Delhi, June 11 (IANS): The Goods and Services Tax (GST) Council at its 16th meeting here on Sunday revised the rates of 66 items out of the 133 for which representations had been received seeking change from the fitments originally made in the four-slab indirect tax structure, Union Finance Minister Arun Jaitley said. Following […]

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10.52 lakh bogus PAN cards no small number to harm economy: SC

By   /  June 11, 2017  /  Business  /  Comments Off on 10.52 lakh bogus PAN cards no small number to harm economy: SC

New Delhi, June 11 (PTI): As many as 10.52 lakh “bogus” PAN cards of individual income tax assesses, which is around 0.4 per cent of the total such documents, cannot be termed a “minuscule” number to harm the country’s economy, the Supreme Court has said. The apex court said that it has come on record […]

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