Income tax e-filings drop by over 6.6 lakh in FY19 even as analysts call it surprising; here’s why E-filers in FY 2016-17 were 5.28 crore. Kotak Economic Research in an April 30 report said: “We are surprised with… By PTIMay 5, 2019 17:26 IST
Government launching scheme for financial assistance to minority investors for class action lawsuits In a significant move, the government is readying a scheme to provide financial assistance to minority investors filing class action… By PTIMay 5, 2019 14:53 IST
India needs minister for investment to deal with stressed investments and get rich Just having a minister of finance isn’t enough, as India’s own experience has shown. From power and airlines to telecommunications… By BloombergUpdated: May 5, 2019 18:37 IST
B2B invoices will be generated on government portal by September to curb fake bills, GST evasion E-invoice for B2B transactions will be rolled out in next three-four months in a phased manner. The entire invoice would… By PTIMay 5, 2019 13:58 IST
India’s reliance on oil imports jump multi-year high of 84% The trend of negative growth continues in the following years as well as output fell to 35.7 million tonnes in… By PTIUpdated: May 5, 2019 11:57 IST
US-China trade deal enters endgame, positive sign for global economy An end to the months-long trade conflict between the world’s two-largest economies may be looming into sight. By BloombergMay 5, 2019 10:18 IST
Pakistan appoints IMF official as new central bank governor amid bailout talks Prime Minister Imran Khan, who assumed power in August, inherited a wobbly economy but has faced growing criticism for failing… By ReutersMay 5, 2019 01:39 IST
Carvaan to Sony A40 Walkman A Series: Gadgets that provide portable music experience to listeners Apart from portable music, which comes in the form of MP3 players, there are also MP4 players. What differentiates one… By Indrani BoseUpdated: May 5, 2019 07:53 IST
Dangerous to let viable firms shut down due to incompetence of market participants, says IBBI chief The Insolvency and Bankruptcy Board of India (IBBI) Chairperson also noted that CoCs must provide all relevant information to resolution… By PTIMay 4, 2019 15:26 IST
India for ADB-led mechanism for channeling funds from rich to developing nations India Saturday made a case for channeling pension and sovereign wealth funds of advanced countries to emerging markets with the… By PTIMay 4, 2019 15:21 IST
ADB should expand social sector engagements in countries like India, says Subhash Chandra Garg Emphasising that ADB has helped the developing countries in building infrastructure and reducing extreme poverty for the past 52 years,… By PTIMay 4, 2019 15:15 IST
France plans to hold investment conclave in Goa this year The Government of France is planning to organise an investment conclave in Goa in October this year, to encourage French… By PTIMay 4, 2019 11:44 IST
US targets Iran uranium but lets nuclear deal stay alive The United States said Friday it would start imposing sanctions over Iranian exports of enriched uranium allowed under a nuclear… By AFPMay 4, 2019 07:25 IST
Private firms fear aggressive bidding by Power Grid, write to CAG The nine transmission projects in question, with and estimated cost of about Rs 2,700 crore, were recommended by an empowered… By Anupam ChatterjeeMay 4, 2019 01:10 IST
Adopting 5G is a ‘matter of survival’ for telcos, says Ericsson The cost per gigabyte data use for a telco will be much lower with 5G, he said, pointing out that… By PTIMay 3, 2019 22:31 IST
Bundling of car parking, pool, gym facilities while selling flats to attract lower GST Bundling of facilities such as car parking, swimming pool, club and gym with residential apartments will be treated as composite… By PTIMay 3, 2019 22:15 IST
Next step for Facebook: Bitcoin-like currency for the users The Wall Street Journal reports that Facebook plans a cryptocurrency-based payment system that it could launch for billions of users… By Associated PressMay 3, 2019 22:05 IST
Chief economic advisor included in Finance Commission’s Advisory Council Chief Economic Advisor Krishnamurthy Subramanian has been included in the Advisory Council of the 15th Finance Commission as its member,… By PTIMay 3, 2019 20:23 IST
‘This does not sit right with me’: Data engineer shares dilemma after resigning for Oracle offer, says ‘they restructured the…’
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