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Import tax on electronic items including mobile phones, TV sets hiked
New Delhi: India has hiked the import tax on dozens of electronic products such as mobile phones and television sets, a government…
SBI changes names, IFSC codes of around 1,300 branches
Mumbai: The State Bank of India (SBI) has changed names and Indian Financial System Code (IFSC) codes of nearly 1,300 of its…
RBI keeps repo rate unchanged at 6%, maintains neutral stance
New Delhi: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday kept the short-term…
Paytm Bank eyes over 1 lakh ATM banking outlets
Mumbai: The newly-launched Paytm Payments Bank is set to add over 1 lakh ‘Paytm ka ATM’ banking outlets across India to expand the…
Indian bio-fuel market to grow to Rs 1 lakh crore: Dharmendra
New Delhi: India’s nascent biofuel industry has the potential to develop into a flourishing Rs 1 lakh crore market in the coming…
Union Government constitutes 6-member panel to redraft income tax law
New Delhi: The Union Government has formed a ‘Task Force’ to draft a new Direct Tax law to meet the present economic needs of the…
Royal Enfield unveils Interceptor, Continental GT 650 in India
New Delhi: Royal Enfield introduced two new flagship models -- the Interceptor 650 and the Continental GT 650 -- to its Indian…
GST Council decides to keep only 50 items in 28 per cent tax bracket
Guwahati: The GST Council has decided to keep only 50 items, mostly demerit, sin and luxury goods, in the highest 28 per cent tax…
Lenders to take 51% stake in RCom post debt conversion
Mumbai: Promoters of the Anil Ambani-led Reliance Communications (RCom) will cede control to lenders who will own 51% stake in the…
BSNL introduces Rakhi Special offer with 1GB data, unlimited calls at Rs 74
Mumbai: BSNL is now offering a special pack called "Rakhi pe Saugat" which is priced at Rs 74 for its prepaid users. It will be…