Business
Ola, Haryana Govt Sign Pact to Create 35,000 Job Opportunities
The memorandum of understanding (MoU) is part of the state's Saksham Haryana initiative which was rolled out early last year to empower the youth through various skill development initiatives.
Government Raises Threshold Limit for Appeals in Tax Cases, Hopes to Cut Litigation by 41%
Finance Minister Piyush Goyal said the tax department can file appeals in ITAT/CESTAT only if the tax amount involved is Rs 20 lakh or more, up from Rs 10 lakh at present.
PNB fraud: ED Moves Court Seeking Fugitive Offender Tag Against Nirav Modi, Choksi
The fresh application seeks to immediately confiscate assets worth about Rs 3,500 crore of Nirav Modi and Choksi and their companies.
Gujarat Seeks Clarification After Slipping Two More Spots in Ease of Doing Business Rankings
Gujarat slipped two positions to rank fifth in the ease of doing business ranking among all the states and Union Territories.
India's Iranian Oil Imports in June Fall as Sanctions Fears Bite
In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May, the data showed.
5 Things Every NRI Should Know About the Current Indian Real Estate Scenario
While many feared the short term consequences of RERA and the implementation of GST meant that 2017 would have to be written off, it hasn’t been the case.
'Hard' Brexit Could See Philips Shift Production Out of Britain, Warns CEO
The Amsterdam-based group employs some 1,500 people in Britain, most notably at its baby care products-for-export factory at Glemsford in Suffolk.
IndiGo, GoAir Induct 8 A320 Neos after Airbus Resumes Delivery
Both IndiGo and GoAir have taken deliveries of four aircraft each between May and June, the source said.
China Leads Rebound by Asia Shares as US Tariffs Kick in
Many economists say the direct impact of the tariffs would be contained, given the current strength of the global economy, but investors remained wary.
No Threat of Supply Disruptions, Says Pradhan on US Diktat to Stop Iranian Oil Imports
While India is the second largest crude customer for Iran behind China, Iran is the third largest source of crude for the country after Iraq and Saudi Arabia. It supplied 18.4 million tonne crude in the April 2017-January 2018 period.
As India Marks GST Anniversary, Centre to Comb Through Input Credit Claims to Unearth Tax Evasion
Finance secretary Hasmukh Adhia, while talking at CNBC TV18’s event GST Decoded, said the government is coming up with a mechanism to identify wrong input tax credit claims.
Retail Lending Up 25%, Number of Accounts 32% in FY18: Cibil Data
"The retail lending market in the country grew significantly over the year ended March 2018, with balances increasing by 25 per cent from Q1 2017 to Q1 2018 and the number of outstanding accounts increasing by more than 32 per cent over the same period,"...
Govt Hikes Ethanol Price by Rs 2.85 Per Litre for 2018-19, Likely to Boost Sugar Industry
The price of ethanol produced from B-molasses has been fixed higher at Rs 47.49 per litre in order to encourage sugar mills to divert from sugar production, the sources added.
US Wants India to Stop Importing Oil from Iran by November
Responding to questions, the official said India and China should start reducing the import of oil from Iran and bring it to zero by November 4.
RBI Says Bad Loans Situation Likely to Worsen Further
In its Financial Stability Report (FSR), the RBI said stress in the banking sector continues as gross non-performing advances (GNPA) ratio rises further.
PolicyBazaar Raises Over $200 Million led by SoftBank Vision Fund, Enters Unicorn Club
According to sources, the current valuation of the company is pegged at over USD 1 billion with the latest transaction.
