New Delhi : India's GDP (gross domestic product) is estimated to grow at 7.2 per cent in 2018-19 compared to 6.7 per cent attained during the previous fiscal, official data showed here on Monday. "Real GDP or GDP at Constant Prices (2011-12) in the year 2018-19 is...
Shimla : Nabard has sanctioned Rs 418.02 lakh to state-run Himachal Pradesh Horticulture Produce Marketing and Processing Corp (HPMC) under the Warehousing Infrastructure Fund for construction of controlled atmospheric store in Chamba district, it was announced on...
New Delhi : Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a rise in the number of tax returns filed. The Finance Ministry on Tuesday said a...
Kolkata : Leading private insurer SBI Life Insurance on Monday said it has signed a 'bancassurance' pact, with state-run Allahabad Bank to offer a financial planning solution to consumers. One of the largest bancassurance partnerships in the country will see 3,238...
Mumbai : Positive global markets coupled with a strengthened rupee and short-covering led the key equity indices to gain around 0.73 per cent on Friday. Besides, healthy buying in finance stocks after reports of fresh capital infusion in public sector banks led the...
New Delhi : Finance Minister Arun Jaitley on Monday hinted that the country may eventually have a single standard rate of GST adding that the 28 per cent slab will soon be phased out, except on luxury and "sin goods". He noted that the standard rate could be between...
New Delhi : Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime. There were 34 items in the 28 per cent tax bracket which included luxury and 'sin goods' till...
Lucknow : The Bharatiya Janata Party (BJP)-led government on Wednesday presented a Rs 8,054.49-crore second supplementary budget in the state Assembly, of which Rs 3,000 crore has been earmarked for the "Swachh Bharat" project. Besides, the Yogi...
Mumbai : Admitting to differences with Urjit Patel, who quit as RBI Governor, Finance Minister Arun Jaitley on Thursday said the government is the sovereign body for managing the economy and RBI Governors have exited if differences were not settled. "If you look at...
By Krishna SinhaChaudhury, New Delhi : Cloud major Oracle, which is seeing high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India, has witnessed double-digit growth in the country for the past three years, a top...