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  Business   Economy  07 Feb 2017

Business, Economy, 07 Feb 2017

Model GST law to be finalised by this month end: CBEC Member

GST Council has fixed the four-tier structure of 5 per cent, 12 per cent, 18 per cent and 28 per cent.

07 Feb 2017 8:44 PM

Credai expects GST rate to be neutral for housing sector

Credai also expects that the home loan interest rate will come down sub-8 per cent very soon.

07 Feb 2017 8:19 PM

Govt to introduce Bill to amend AAI Act: Jayant Sinha

AAI's non-aeronautical revenue currently accounts for around 19 per cent of its annual top line.

07 Feb 2017 7:42 PM

NPCI expects banks would join BHIM by Feb-end

BHIM enables simple, easy and quick payment transactions using Unified Payments Interface.

07 Feb 2017 6:01 PM

Talks on note ban started in Feb, 2016: Jaitley

RBI Board took a decision on printing currency of higher denomination as a replacement to demonetised currency.

07 Feb 2017 5:35 PM


Rs 12.4 lakh cr exchanged, deposited till Dec 10: Jaitley

Apart from that govt detected undisclosed income worth Rs 5,400 crore as on January 10.

07 Feb 2017 4:53 PM

Govt issues show cause notice to 536 firms

In the last financial year, 5,097 companies incurred a CSR expenditure of Rs 9,822.30 crore.

07 Feb 2017 4:33 PM

Govt confident that debit card charges may decline

RBI is working to fix the Marginal Discount Charges (MDR) for debit card transactions above Rs 2 lakh.

07 Feb 2017 4:21 PM

Steel Ministry to soon seek Cabinet nod on new policy

India's per capita steel consumption at 61 kg is much lower than the global average of 208 kg.

07 Feb 2017 4:11 PM

India's economy likely to overtake US by 2040: PwC

E7 economies would grow at an annual average rate of almost 3.5 per cent over next 34 years, says report.

07 Feb 2017 2:58 PM


'Trump's ban will force us to reinvent ourselves'

Tata Group patriarch Ratan Tata who has funded startups in past wants to reinsert himself to startup community.

07 Feb 2017 1:35 PM

Tax dept signs 4 advance pricing pacts with taxpayers

CBDT expects more APAs to be concluded and signed before the end of the current fiscal.

07 Feb 2017 1:08 PM

Rupee turns weak against Dollar in early trade

Rupee dropped by 13 paise at forex market today on fresh demand for the USD from importers.

07 Feb 2017 10:08 AM