The collection of Integrated Goods and Services Tax from imports crossed Rs 20,000 crore in July — the first month of the roll out of
Day: August 1, 2017
ITR Filing deadline: Here’s what will happen if you miss today’s income tax return filing deadline–Economic Times–01.08.2017
Make sure you don’t miss the extended deadline. Here’s what will happen if you do. Can I file my income tax return after the deadline?
Contained situation to a large extent: BSNL on external virus attack–Economic Times–01.08.2017
State-run telecom service provider BSNL on Monday said it has taken swift action for reconfiguring the affected modems and restoring the broadband services of a
Stable prices raise rate cut hopes–Economic Times–01.08.2017
On August 2, the RBI will review monetary policy and, possibly, tweak policy rates. Markets that had run up to record highs in July are
Godrej Consumer Products: Demand and recovery to strengthen in second quarter: Godrej Consumer Products–Economic Times–01.08.2017
Godrej Consumer ProductsBSE -2.02 % said it has seen a reasonable recovery and pick up in demand in the immediate transition period in July, a
Bitcoin technology faces split, may create clone virtual currency – The Financial Express–01.08.2017
Bitcoin’s underlying software code could be split on Tuesday to create a clone called “Bitcoin Cash,” potentially providing a windfall for holders of the digital
RBI asks banks to enable account number portability – The Financial Express–01.08.2017
RBI Deputy Governor S S Mundra has asked banks to work towards account number portability as it will be a far-reaching step towards enhancing competition
8 cups of tea may boost your mental performance: Study – The Financial Express–01.08.2017
Good news caffeine lovers! A study has revealed that four cups of coffee or eight cups of tea, which is equivalent to 400mg of caffeine,
Why SBI stock rose more than 4 pct on savings rate cut – The Financial Express–01.08.2017
Shares of State Bank of India (SBI) rose 4.58 % on Monday closing the session at Rs 312.80 on the National Stock Exchange (NSE). The
India must guard against external financing vulnerability: IMF report – The Financial Express–01.08.2017
India needs to remain vigilant as greater reliance on debt financing and portfolio inflows could create significant external financing vulnerabilities, a recent IMF report has
Fiscal deficit at 81% of Budget Estimates in June quarter – The Financial Express–01.08.2017
Fiscal deficit in the first quarter of the current fiscal was Rs 4.42 lakh crore or 80.8 per cent of Budget Estimates for 2017-18, much
Are banks ready for Basel soup? Greatest challenge is to extend deadline of Basel III – The Financial Express–01.08.2017
Reserve Bank of India (RBI) on March 2014 extended the deadline for compliance of capital requirements under Basel III norms to March 2019. At that
The 8% growth mirage | Business Standard–01.08.2017
The vice-chairman of the NITI Aayog, Arvind Panagariya, said last week that India was on its way to 8 per cent growth and would likely
Deposit-heavy banks will gain most from SBI’s savings rate cut | Business Standard–01.08.2017
Over 80 per cent of savings accounts are estimated to have deposits of less than Rs 1 crore. Therefore, SBI is clearly headed for an
MPC’s dilemma: Inflation down but pulses could pose a problem | Business Standard–01.08.2017
Headline inflation dipped to 1.5 per cent in June, well below the lower end of the Reserve Bank of India (RBI)’s inflation target of 4
Growth in the time of a credit squeeze | Business Line–01.08.2017
GDP growth figures for the last few years have camouflaged a deceleration in credit growth that has affected all but the retail loans segment quite
SBI’s savings rate cut could nudge others also to trim rates | Business Line–01.08.2017
Weak core performance and sharp cuts in lending rates could see more banks cut savings rates to safeguard margins SBI, which has a savings deposit
Core sector growth dips to 0.4% in June | Business Line–01.08.2017
Slowest pace of growth since February; clamour for rate cut grows Ahead of the meeting of the Monetary Policy Committee on Tuesday, latest official data
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