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  Business   Economy  16 Aug 2017

Business, Economy, 16 Aug 2017

Trai eyes changes in MNP rules to put an end to request rejection

The rejection may be due to wrong submission or incorrect entry of UPC content by potential subscriber at point of sale (PoS) of RO.

16 Aug 2017 9:14 PM

FinMin warns state-owned insurers of perennial group mediclaim losses

Finance ministry wrote to state-run general insurers to put in place an appropriate mechanism for pricing group health covers.

16 Aug 2017 8:46 PM

CBDT probes source of data on Modi's I-Day speech on black money

Finance Minister Arun Jaitley cleared the air on any 'confusion' regarding Modi's Independence Day speech on black money.

16 Aug 2017 8:20 PM

MPC warns inflation rise; says there is space for banks to cut lending rates

The RBI cut the main policy rate by 25 basis points to a more than 6-1/2 year low of 6.00 percent on August 2.

16 Aug 2017 7:54 PM

Modi govt beefs up surveillance on shell firms in war against 'black money'

Modi's office has formed a team of top law enforcement and revenue officials to go after such companies.

16 Aug 2017 6:20 PM


Portfolio managers in demand; total AUM rises to Rs 13 lakh crore

Portfolio manager is a body which advises or undertakes the management of a portfolio of securities of a client.

16 Aug 2017 5:41 PM

RBI likely hold policy rate, watch inflation: HSBC

The brokerage attributed the jump in inflation numbers to rising vegetable prices.

16 Aug 2017 4:27 PM

Govt likely to help PSBs meet AT1 coupon bonds coupon payments

If access to AT1 market weakens, it could escalate costs of recapitalisation of state-run banks for government.

16 Aug 2017 2:59 PM

CPI, WPI inflation to rise in coming months, further rate cut on hold: report

CPI and WPI inflation both troughed in June after three months of cooling prices.

16 Aug 2017 1:56 PM

High GST may taper Rs 5,500-cr leasing industry growth

Official says higher GST rates lead to requirement of higher working capital at any point of time.

16 Aug 2017 11:15 AM