• Moody’s upgrades India’s credit rating
Moody’s upgrades India’s credit rating.
17 Nov, 2017. \\ Business.

Moody’s upgrades India’s rating and says reforms will foster sustainable growth. The  US-based Moody’s has upgraded India’s sovereign credit rating by a notch to ‘Ba...

  • Consumer product makers praise GST Council’s decision to lower tax on 177 items
Consumer product makers praise GST Council’s decision to lower tax on 177 items.
11 Nov, 2017. \\ Business.

Consumer product makers like Hindustan Unilever Limited and Patanjali have hailed the GST Council’s decision to lower tax rates on commonly used items and said the benefits will be passed on to ......

  • LPG price hike: Non- subsidised cylinder up by Rs. 93
LPG price hike: Non- subsidised cylinder up by Rs. 93.
1 Nov, 2017. \\ Business.

Price of Non-subsidised cooking gas LPG has been increased by Rs. 93 per cylinder from Wednesday, the 19th increase in rates since July 2016 when the government decided to eliminate subsidy on it by r...

  • Government scraps delayed GST returns filing penalty for August-September
Government scraps delayed GST returns filing penalty for August-September.
24 Oct, 2017. \\ Business.

In a major relief to taxpayers, Finance Minister Arun Jaitley today announced that the late fee on filing of the GST returns for the month of August and September would be waived off. Late GST return ......

  • Banks to provide funds at 7% to women SHGs, says RBI
Banks to provide funds at 7% to women SHGs, says RBI.
19 Oct, 2017. \\ Business.

The Reserve Bank of India (RBI) on Wednesday said banks will provide funds to women self help groups (SHGs) in rural areas at 7 per cent under the Deendayal Antyodaya Yojana National Rural Livelihoods...

  • IMF lowers India’s growth forecast for current financial year to 6.7%
IMF lowers India’s growth forecast for current financial year to 6.7%.
11 Oct, 2017. \\ Business.

The International Monetary Fund (IMF) on Tuesday shortened India’s growth forecast for Financial Year 2017-18 but expects a revival as structural reform bears fruit. In its latest World Econo......

  • SBI lowers minimum average monthly balance to Rs 3000
SBI lowers minimum average monthly balance to Rs 3000.
26 Sep, 2017. \\ Business.

State Bank of India (SBI) has slashed the minimum average monthly balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000 and also revised downwards penalties for non-adherence. The b...

  • Wholesale inflation hits four-month high
Wholesale inflation hits four-month high.
14 Sep, 2017. \\ Business.

The wholesale inflation rose to a four-month high of 3.24 per cent in August as prices of food articles soared. Inflation based on the Wholesale Price Index was 1.88 per cent in July 2017 and 1.09 per......