• SBI hikes lending rate; Home, car loans likely to be costlier
SBI hikes lending rate; Home, car loans likely to be costlier.
3 Mar, 2018. \\ Business.

With immediate effect, the State Bank of India (SBI) has increased the one-year marginal cost of funds based lending rate (MCLR) by 20 basis points to 8.15 per cent from 7.95 per cent. With the inc...

  • India to become fastest growing large economy in 2018
India to become fastest growing large economy in 2018.
21 Jan, 2018. \\ Business.

A report according to Delhi-based professional wealth management company Sanctum Wealth Management has revealed that India will become the fastest growing large economy in the world in 2018. The re......

  • GST Council recommends reduced tax rates
GST Council recommends reduced tax rates.
19 Jan, 2018. \\ Business.

The Goods and Services (GST) Council on Thursday has reduced the tax rate on 29 goods and 53 categories of services by bringing them in lower category. The Council also recommended issuance of certain...

  • World Bank projects India’s growth at 7.3% in 2018
World Bank projects India’s growth at 7.3% in 2018.
10 Jan, 2018. \\ Business.

After a stressful period for Indian economy, India is likely to regain its position of pride by recovering the tag of one of the fastest growing economic country of the world, as the World Bank predic......

  • Public Sector Banks should work towards restoring their credibility: Arun Jailtley
Public Sector Banks should work towards restoring their credibility: Arun Jailtley.
7 Jan, 2018. \\ Business.

Considering banks as one of the most important asset for the bright future of the country, Union Finance Minister, Arun Jaitley asked for the conjoint effort of both the government and the management ...

  • India’s GDP expected to slow down in 2017-18; to reach 6.5% in comparison to 7.1% in 2016-17
India’s GDP expected to slow down in 2017-18; to reach 6.5% in comparison to 7.1% in 2016-17.
6 Jan, 2018. \\ Business.

It has been estimated that the growth in GDP during 2017-18 will reach 6.5 per cent as compared to 7.1 per cent in the preceding year 2016-17, Chief Statistician T.C.A Anant said while addressing a Pr......

  • Government denies rumours of shutting down public sector banks
Government denies rumours of shutting down public sector banks.
23 Dec, 2017. \\ Business.

Dismissing rumours the government has there is no question of closure any public sector bank. Financial services secretary Rajeev Kumar on Friday said strengthening these banks by re-capitalisation pl...

  • GST may have fewer slabs in future, says Chief Economic Adviser
GST may have fewer slabs in future, says Chief Economic Adviser.
27 Nov, 2017. \\ Business.

Chief Economic Adviser (CEA) to the Government of India, Arvind Subramanian has said going forward the Goods and Services Tax (GST), may have fewer rates by “collapsing” 12 per cent and 18......