India fine-tuning its policy to boost exports
BY ADITYA RAJ DAS At the juncture when India’s is once again emerging as the fastest growing economy in the world, the country is now witnessing the disturbing phenomenon of…
GST Council decision on empowering Officers to initiate action against errant tax payer is causing panic: AITAF
ADITYA RAJ DAS / NEW DELHI The All India Tax Advocates Forum (AITAF) has expressed serious concern over GST Council decision empowering officers of both Central and State to enter…
Rupee gains 14 paise to 73.33 against US Dollar in early trade
The rupee recovered by 14 paise to 73 rupees 33 paise against the US currency in early trade today, on fresh dollar selling by exporters. The benchmark BSE Sensex started…
Japan’s top steelmaker to buy Essar Steel India
OUR BUSINESS WEB DESK Japan’s top steel manufacturer Nippon Steel & Sumitomo Metal, NSSMC on Friday announced that it has won a joint bid to acquire bankrupt Indian steelmaker Essar…
Sanjay Mishra appointed Director ED
AMN SENIOR IRS Sanjay Mishra has been appointed as Principal Special Director in Enforcement Ditectorate. He will hold charge of Director, ED for 3 months. Mishra will take over from…
Govt directs telcos to stop Aadhaar-based electronic KYC
BISHESHWAR MISHRA / NEW DELHI The central government has ordered telecom companies to stop using Aadhaar for electronic verification of existing mobile phone customers as well as for issuing new…
There will be record production of food grains, hopes PM Modi
Dr. Rahmatullah / NEW DELHI Prime Minister Narendra Modi today expressed hope that there will be record production of food grains during Kharif season. Inaugurating Krishi Kumbha 2018 in Lucknow…
Cyrus Mistry launches new global venture
WEB DESK Business tycoon brothers Cyrus and Shapoor Mistry have announced formation of Mistry Ventures LLP to incubate and fund the startup ecosystem. The development comes exactly two years after…
Tax rates can be slashed further if number of taxpayers keeps on increasing: CBDT Chairman
WEB DESK The government can reduce tax rates further if the number of taxpayers keeps on increasing at the same pace in the coming years. In an interview to All…
Syndicate Bank receives Rs 728 cr capital infusion
Syndicate Bank has received a capital infusion of Rs 728 crore from the Central government. The bank informed the BSE in a regulatory filing on Monday that the capital infusion…