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GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collections cross Rs 1L crore for the first time after COVID-19...

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

1 Nov 2020 8:18 PM IST

The Centre for the Monitoring of the Indian Economy says that corporate sales declined by 1.2 per cent in the October-December 2019-20 quarter (having declined by 2.8 per cent before that) and profits before tax shrunk by 10 per cent (compared to a shrinkage of 60 per cent in the previous quarter).

India's economy worst-hit among emerging markets

At 4.9 per cent retail inflation in 2020 will be the highest in India.

31 Oct 2020 12:30 PM IST

Indias August gold imports doubles to hit 8-month peak. (Representative Image)

Gold demand in India plunges to 25-year low

India's gold demand in 2020 might be the lowest in 25 years as the pandemic has already dragged down consumption in the...

30 Oct 2020 12:54 PM IST

On the Delhi road State highway route, one can take a relaxing halt at the WelcomHeritage Inderpura Resort to sample the real Rajasthani hospitality.

Hospitality industry sees signs of revival in September

Revenue per available rooms grew 12 to 14 per cent month-on-month to Rs 815 Rs 935, as per the data from HVS and...

30 Oct 2020 12:45 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI asks lenders for ex-gratia payment of interest on interest scheme

Government set November 5 as the deadline for banks to implement the waiver of 'interest on interest' scheme for six...

28 Oct 2020 3:28 PM IST

India receives $35 billion FDI in first five months of the fiscal

FDI is largely made by multinational companies, large institutions and private equity and venture capital firms

21 Oct 2020 12:35 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Centre to borrow Rs 1.1 lakh cr GST compensation for states

The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST Compensation Cess releases

16 Oct 2020 5:51 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while...

10 Oct 2020 5:43 PM IST

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photo

RBI keeps key rates unchanged; signals more easing to protect India's...

The six-member Monetary Policy Committee voted unanimously to retain the benchmark repo rate at 4 per cent

9 Oct 2020 2:09 PM IST

Two septuagenarian sisters from Tirupur did petty jobs and hoarded money for 10 years, but are bewildered now that their savings, totalling Rs 46,000, are of little use as the government had demonetised Rs 1,000 and Rs 500 currency notes three years ago. (Photo: Representational Image/ File)

Centre's interest waiver policy is manageable, say analysts

State Bank of India's new chairman Dinesh Khara in his first press interaction refused to comment on the issue as the...

8 Oct 2020 5:24 PM IST

Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

Lockdown impact: GDP likely to contract by 9.6 per cent this year,...

However, the World Bank said that the response of the government of India to the COVID-19 outbreak was swift and...

8 Oct 2020 3:02 PM IST

Domestic Airlines decline refund to customers for cancelled tickets. (PTI Photo)

India's domestic air passenger traffic improves in September

The Civil Aviation ministry had permitted domestic flights to resume their operations from May 25 with one-third...

6 Oct 2020 1:22 PM IST