J'khand govt increases the registration limit for GST from 20 lakh to 40 lakhs

Ranchi: 80 thousand small and medium traders in Jharkhand will not have to pay GST. In the state, the registration limit for GST has been increased from 20 lakh to 40 lakhs. Chief Minister Raghubar Das has given directive in this regard to the Commerce…

Equity indices open in red, Sensex down 170 points

Mumbai (IANS) The key Indian equity indices opened in the negative territory on Monday with the S&P BSE Sensex losing over 170 points.

All the sectoral indices on the BSE traded in the red except the IT and Teck stocks.
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India's December wholesale inflation eases to 3.80%

New Delhi (IANS) India's annual rate of inflation based on wholesale prices eased to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed here on Monday.

However, on a year-on-year (YoY) basis, the Wholesale…

CEO of Flipkart's arms Myntra, Jabong Ananth Narayanan quits

Bengaluru(IANS) The Chief Executive of Flipkart Group's e-tail portals Myntra and Jabong, Ananth Narayanan, has stepped down from the post, the companies said on Monday.

"Ananth has decided to step down as the Chief Executive…

RBI cautions government over NPA spike in MUDRA loans

New Delhi (IANS) The Reserve Bank of India (RBI) has raised a red flag on the spike in non-performing assets (NPAs) under the government's flagship scheme to support micro-enterprises in the country -- the Pradhan Mantri Mudra Yojana.

Petrol, diesel see sharp price rise on Sunday

New Delhi (IANS) Transport fuel rates were hiked for the fifth time this month and saw their steepest rise on Sunday, amid global crude oil rates continuing to climb handsomely following the implementation of output cuts by oil producers…

Sovereign gold bonds on sale at Rs 3,214: Government

New Delhi (IANS): A new series of sovereign gold bonds will be available at Rs 3,214 per gram between January 14 and January 18, the government said on Saturday.

Investors who apply and make payment online for the Sovereign Gold Bond Scheme…

RBI defers implementing last tranche of CCB

Mumbai (IANS): Reserve Bank of India (RBI) has deferred the implementation of the last tranche of capital conservation buffer (CCB) till March 31, 2020.

"It has been decided to defer the implementation of the last tranche of 0.625 per…

Manufacturing decelerates India's November industrial output growth rate

New Delhi (IANS): Lower production in the manufacturing sector sharply decelerated India's industrial output growth rate to 0.5 per cent in November from a rise of 8.4 per cent in October and 8.5 per cent during the corresponding period of the…

TCS net up 24 per cent in third quarter

Mumbai (IANS) Tata Consultancy Services (TCS) on Thursday reported Rs 8,121 crore consolidated net profit for the third quarter of fiscal 2018-19, registering a 24 per cent annual growth from Rs 6,545 crore in the same period a year ago.