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  Business   Economy  09 Aug 2017

Business, Economy, 09 Aug 2017

Trai seeks view on data ownership, privacy to check misuse

It is important to have a clear policy related to data ownership, privacy and security in the telecom space, said Trai chairman.

09 Aug 2017 9:02 PM

Parliament adopts resolution on hike in basic customs duty

Parliament adopted a statutory resolution on hike in basic customs duty on import of phones, printers and cartridges.

09 Aug 2017 8:45 PM

Direct tax collection jumps 19 per cent in Apr-June to Rs 1.90 lakh crore

The collection, net of refunds, was 19.5 per cent of the total Budget Estimate of direct taxes for 2017-18.

09 Aug 2017 8:28 PM

Consolidation of PSU banks to be initiated post Q1 results

Factors like regional balance, geographical reach, financial burden and smooth transition have to be considered before merger.

09 Aug 2017 7:01 PM

Direct tax collections in April-July at Rs 1.90 lakh crore

This direct tax collection is 19.5 per cent of total budget estimates of direct taxes for FY18.

09 Aug 2017 6:12 PM


India's 'Raymond' man is now fighting a battle against his son

Singhania, who gave up all shares of Raymond Ltd to his son Gautam, is now left defenseless against him.

09 Aug 2017 5:43 PM

Agricultural exports decline to USD 33.87 billion in FY17

Import of agricultural commodities in 2016-17 rose to USD 25.09 billion from USD 15.03 billion in 2013-14.

09 Aug 2017 5:41 PM

99 FDI proposals pending in various ministries: Sitharaman

FDI into the country grew 9 per cent to USD 43.47 billion in 2016-17.

09 Aug 2017 4:56 PM

First phase of National Cyber Coordination Centre operational: IT minister

The government has also made operational botnet and malware cleaning centre that will detect malicious software and clean them.

09 Aug 2017 4:29 PM

Get ready for first filing deadline: GSTN chief Navin Kumar

He assured that the huge IT back end was designed to crunch up to 3 billion invoices a month and could handle last-minute rush.

09 Aug 2017 3:40 PM


I-T dept may shoot you with a notice if you file incorrect return

Tax authorities expect taxpayers to file a correct tax return without withholding any information.

09 Aug 2017 2:37 PM

MF equity interest hits record high in July: Deutsche Bank report

The all-time-high equity inflows into mutual fund indicates 'financialisation' of savings cycle in India.

09 Aug 2017 2:25 PM

Govt posts timeline for GST return filing for July, August

The GST Council had in June extended timeline for filing final GST returns in forms GSTR-1, GSTR-2 and GSTR-3 for July and August.

09 Aug 2017 2:07 PM

Disposable income to drive up passenger vehicle sales by 9-10 per cent

ICRA said sales will grow given the low penetration levels and increasing disposable income.

09 Aug 2017 1:49 PM

No GST on tickets of films 50 per cent shot in Uttar Pradesh

These movies will include ones produced by Children's Film Society, National Award winning best feature film, etc.

09 Aug 2017 1:24 PM


Retail inflation seen picking up for first time in 4 months

Consumer price index likely rose 1.87 per cent after dipping to an historic low of 1.54 per cent in June.

09 Aug 2017 1:13 PM

GST will promote transparency, corruption-free business environment: Piyush Goyal

GST framework captures every transaction from end to end, recording them from source to final destination.

09 Aug 2017 11:00 AM

Chabahar Port in Iran will be ready next year: Gadkari

Govt is in a position to place orders worth Rs 400 crore for mechanised equipment and cranes.

09 Aug 2017 10:01 AM

GST rollout lowers overall tax burden: Niti VC designate

GST overhauling India's convoluted indirect taxation system and unifying USD 2 trillion economy.

09 Aug 2017 9:38 AM

CAG slams BHEL for poor planning

Says it didn’t have any diversification plans.

09 Aug 2017 12:59 AM