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Economy

Jaitley turns down demands for deferring GST rollout

New Delhi: Finance Minister Arun Jaitley on June 28 rejected demands for deferring the Goods and Services Tax (GST) rollout saying the Constitution does...

Govt. on GST awareness overdrive, ads galore across media

New Delhi: Ahead of the mega event to roll out the GST on the midnight of June 30, the Centre and state governments are...

‘War room’ set up to deal with GST crises

New Delhi: Equipped with multiple phone lines and computer systems and manned by tech-savvy youngsters, a "mini war room" has been set up in...

Financial year likely to be changed from 2018; Budget in Nov.

New Delhi: Come 2018 and the financial year in India could commence from January instead of April as the Center appears set to make...

Tata Power offers to sell 51% stake in Mundra for Re 1

Mumbai: Tata Power has offered to sell 51% stake in its 4,000 MW Mundra power project for Re 1 to states like Gujarat which...

India will set an example for world following GST implementation: Modi

Lucknow: Thanking all political factions for extending their support to the Goods and Services Tax (GST) bill, Prime Minister Narendra Modi on June 20...

Income tax collection grows at 26.2%, Mumbai zone registers 138% increase

Mumbai: Net income tax collection from across India grew at a healthy 26.2 percent to Rs 101,024 crore till June 15 compared to Rs...

Digital economy can reach $4 trillion in 4 years: Tech sector to govt

New Delhi: Surpassing the government's expectations to make India $1-trillion digital economy by 2022, technology companies on June 16 said it has potential...

19 lakh new investors in Mutual Funds added in April-May

New Delhi: Mutual fund houses added close to 19 lakh investor accounts in April-May of 2017-18, taking the total tally to a record 5.72...

Reliance and BP to invest Rs. 40,000 crore more in offshore gas field

New Delhi: Reliance Industries Ltd and BP will invest a further $6 billion (Rs. 40,000 crore) in their jointly owned KG D6 gas field...