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  Business   Economy  18 Sep 2017

Business, Economy, 18 Sep 2017

AAI to invest Rs 1,530 cr in development work of 3 airports

The AAI will also develop a new civil enclave at Allahabad ahead of the 'Ardh Kumbh Mela'.

18 Sep 2017 8:30 PM

India eyes spending cuts as glitches in GST hit revenue

Economic growth, could take a further hit if the public spending that largely underpinned expansion were to be slashed.

18 Sep 2017 8:22 PM

Bank unions demand withdrawal of FRDI Bill from FM

In a representation submitted last week, they also demanded declaration of wilful default of bank loans as criminal offence.

18 Sep 2017 8:09 PM

Big 4 accounting firms on IBA's list of forensic auditors

Number of banking fraud cases involving Rs 1 lakh and above has increased to 5,076 in the fiscal ending March 2017, from 4,235 in 2012-13.

18 Sep 2017 6:56 PM

GST rollout was hasty decision, says Manmohan Singh

Former Prime Minister had previously cautioned against note ban shaving off 2 per cent of GDP.

18 Sep 2017 6:19 PM


Petrol prices should be brought under GST: Dharmendra Pradhan

As of now, petrol prices contain other elements like Centre-imposed excise duty, state-imposed VAT and dealer's commission.

18 Sep 2017 5:50 PM

Gadkari wants to turn NHAI public, awaiting FinMin's approval

His statement comes amid the great investor response to the IPO of Cochin Shipyard, that was over subscribed 76 times recently.

18 Sep 2017 5:36 PM

PE/VC exits at record high in Aug at $1.9 bn; may touch $10 bn

PE/VC investments in August stood at USD 5.4 billion across 45 deals the highest monthly investment ever.

18 Sep 2017 4:32 PM

PAN to be Aadhaar for NGOs, businesses in black money fight

Govt plans to set up mechanism under which it can make an entity with Rs 2 lakh transaction comply with law.

18 Sep 2017 4:15 PM

Maharashtra to become trillion-dollar economy, says Fadnavis

Fadnavis noted that the state has always been a leader in industry and business in the country.

18 Sep 2017 3:57 PM


SBI fixes limit for fund transfer via phone banking, levies GST on ATM transactions

Transactions for savings account holders,above free-limit of ATM transactions will attract a charge of Rs 20 plus 18 per cent GST.

18 Sep 2017 1:09 PM

'CAD likely at 1.5 per cent of GDP in 2017; funding not a constraint'

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the April-June quarter of this year.

18 Sep 2017 11:43 AM

India's young will help it topple China as economic giant

India's workforce set to climb from 885 million to 1.08 billion people in next 20 years, says Bloomberg report.

18 Sep 2017 10:34 AM

Govt savings through DBT touches Rs 65,000 cr: Javadekar

DBT enables linking of Aadhar card to bank accounts and other subsidised services availed by citizens.

18 Sep 2017 9:29 AM