Tag: business
World Economy Witnessing 'cheerful Spring': IMF Chief
The International Monetary Fund (IMF) chief Christine Lagarde said the world economy is witnessing a cheerful "spring", but warned "sword of protectionism" would overshadow trade outlook.....
Service Tax To Move Up From 15% To 18% Under GST: Hasmukh Adhia
Services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the Goods and Services Tax (GST) regime, thus making services "slightly" more expensive, Revenue Secretary Hasmukh Adhia has said.....
RBI Comes Out With New Corrective Action Plan For Banks
The Reserve Bank of India (RBI) on Thursday said capital, asset quality and profitability would be the basis of the Prompt Corrective Action (PCA) framework on which the banks would be monitored and has defined three kinds of risk thresholds.....
Latur Girl Bags Rs 1 Cr Prize For Digital Transaction
A 20-year-old electrical engineering student from Maharashtra's Latur town, Shradha Mengshete has bagged the Rs 1 crore Mega Draw for Lucky Grahak Yojana. She had made a transaction of Rs 1,590 through her RuPay card to pay an EMI for her new mobile phone.....
Punjab Sets Up Expert Group On Debt Waiver For Farmers
The Punjab government on Saturday announced the setting up of an Expert Group to assess the quantum of agricultural debt and suggests ways and means for its waiver.....
Snapchat Ratings Drop To 'one Star' On App Store
A day after news broke out regarding Snapchat's CEO Evan Spiegel's disinterest in expanding the business to "poor countries" like India, the rating of the popular app dropped to a "single star" from an apparent "five star" on the App Store.....
Air India Proposes Hefty Fines For Unruly Passengers
National passenger carrier Air India has formulated new guidelines to deal with unruly passengers with hefty fines up to Rs 15 lakh proposed.....
Business Capsule: 'Sensex, Nifty Fall, Asian Markets Mix'
Falling for the third straight day, the Sensex at the Bombay Stock Exchange declined 48 points, or 0.2 percent, to close at 29,414, on Monday. The Sensex had gained 33 points at the day's high, and shed 98 points at the day's low. The Sensex has now lost over 370 points in three trading sessions. The Nifty at the National Stock Exchange fell 12 points, or 0.1 percent, to 9,139. But the broader market outperformed, with the BSE Midcap index rising 0.3 percent and the Smallcap index gaining 0.5 percent. ....
Markets Open On A Higher Note On Tuesday
The 30-scrip Sensitive Index (Sensex) on Tuesday opened on a higher note during the morning session of the trade. ....
Only 35.7% People Aware Of BHIM App In Rural India
As the government aims big to promote and make digital transactions easier with BHIM (Bharat Interface for Money) app, a new survey on Tuesday claimed that only 35.7 per cent people in rural India are aware of BHIM that has over 10 million user base in the country.....
