ECONOMY & NATION


IANS 05 August 2016
Automobile manufacturer Hyundai Motor India (HMIL) on Friday said that it will increase the prices of all models across its entire range from August 16.   The company pointed out that the depreciation in rupee's value and increase in input cost mandated the move.    "The rupee...

Read More



Abhay Datar  and   Yogesh Sapkale 05 August 2016
Often, we need to know the latest bank balance. For this we may log in through the net or go to the nearest ATM centre or call the branch. Some of us may be using phone-banking. But all these options are time-consuming, particularly, the phone-banking facility, where you have to press some...

Read More



IANS 04 August 2016
Assuring shareholders that significant progress had been made in erecting the infrastructure for Reliance Jio, along with some 1.5 million test users, Chairman Mukesh Ambani has, without specifying a date, said the commercial launch will happen in the "coming months".   "During the...

Read More



IANS 04 August 2016
The Reserve Bank of India (RBI) on Thursday launched a portal to curb illegal collection of money by companies.   This website will enable public to obtain information regarding entities who accept deposits, lodge complaints and also share information regarding illegal acceptance of...

Read More



IANS 04 August 2016
About 42 per cent of the Rs 22 lakh crore ($328 billion) revenue of the central government and 35 states and union territories will now be subsumed under the goods and services tax (GST), passed by parliament's upper house on August 3, 2016 and being touted by some as one of independent...

Read More



Moneylife Digital Team 04 August 2016
Capital First Ltd, a non-banking finance company (NBFC) specialising in MSME and consumer financing reported a 49% jump in its June quarter net profit on robust net interest income, the highest quarterly profit the company has earned.   For the quarter to end June 2016, Capital First...

Read More



Moneylife Digital Team 04 August 2016
India moved a major step closer towards a unified goods and services tax (GST) regime across the country, with the Rajya Sabha passing the relevant Constitution amendment Bill, which is touted as the most radical indirect tax reform since independence. However, people in the accounting...

Read More



IANS 04 August 2016
Rescuers on Thursday recovered three bodies, including that of the driver of one of the two state transport buses washed away in the Savitri river in Raigad district after a bridge collapse on Wednesday, officials said.   Two other bodies were of women who may have been travelling on...

Read More



IANS 04 August 2016
In a major setback to the Arvind Kejriwal government, the Delhi High Court on Thursday said that the Lt. Governor (LG) is not bound by the aid and advice of the Delhi government's council of ministers .   A division bench of Chief Justice G.Rohini and Justice Jayant Nath ruled that...

Read More



IANS 04 August 2016
As the Rajya Sabha on Wednesday finally took up discussion on the Goods and Services Tax (GST) bill, with Finance Minister Arun Jaitley moving it for consideration and passage, industry stakeholders welcomed the move but also expressed some concerns.   Former Finance Minister P....

Read More



IANS 04 August 2016
As the Goods and Services Tax Bill got the parliamentary nod to end a stalemate that lasted almost 10 years, the Rajya Sabha saw a rare camaraderie and unanimity when all members present voted in favour of the statute.   After the AIADMK walkout, the only party which opposed the bill,...

Read More



IANS 04 August 2016
India moved a major step closer towards a unified goods and services tax regime across the country, with the upper house of Parliament passing the relevant Constitution amendment bill on Wednesday, in what is seen as the most radical indirect tax reform since independence.   The...

Read More



Moneylife Digital Team 03 August 2016
On 3 August 2016, union finance minister Arun Jaitely tabled the Goods and Services Tax (GST) bill in Rajya Sabha. The GST will replace a patchwork of central and state levies on goods and services and will bring multiple taxes on goods and services and bring them under one rate. Once passed,...

Read More



IANS 03 August 2016
1. What is Goods and Services Tax (GST)? How does it work?  The GST is a single indirect tax for the whole nation, which will make India one unified common market. It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.   Credits of...

Read More



IANS 03 August 2016
Fast moving consumer goods major Emami Ltd. on Wednesday reported a 34.59 per cent dip in its net profit to Rs 56.65 crore in the this fiscal's first quarter ended June 30 compared with Rs 86.61 crore in the corresponding period last fiscal.   The company is setting up a third...

Read More



Manupriya (IANS) 03 August 2016
As floods ravage eastern and northern India, agriculture in 115 districts across 15 states is "highly vulnerable" to climate change, according to a study published in the Indian Academy of Science journal Current Science.   The first to analyse 38 meteorological, agricultural and...

Read More



IANS 03 August 2016
The Bharatiya Janata Party (BJP) on Wednesday accepted the resignation of Anandiben Patel as the Chief Minster of Gujarat after she offered to resign, saying she was soon going to turn 75.   Urban Development Minister M. Venkaiah Naidu said that she had set an example for many across...

Read More



IANS 03 August 2016
In a prediction that will being cheer to farmers, the IMD said on Tuesday that rainfall in the second half of the monsoon from August to September is likely to be above average.   The India Meteorological Department (IMD) also said that the rains in July this year had been about 7 per...

Read More



IANS 03 August 2016
At least two buses and several other vehicles went missing near Mahad city after a bridge on the Savitri River collapsed early Wednesday due to torrential rains in the Konkan region.   The bridge, more than seven decades old and a critical link to the Mumbai-Goa national highway,...

Read More



IANS 02 August 2016
The Mamata Banerjee government on Tuesday proposed to rename West Bengal as "Bengal", dropping "West" from its name, Parliamentary Affairs Minister Partha Chatterjee said.   "For the sake of the people of the state, its heritage and culture as well as to promote and protect its...

Read More

Free Helpline
Legal Credit
Feedback