The amended Banking Ombudsman Scheme shall come into force from July 1, 2017.
The economy ministry said on Friday it had agreed to finance a government feasibility study into a high-speed rail link between Chennai and Mysore, and had also discussed a project to modernise the Chennai-Hyderabad route.
The weather information on the portal will also help in better planning for infrastructure availability to ensure cost effective and reliable supply, the power ministry said in a statement.
As the countdown begins for the much anticipated meeting between Prime Minister Modi and President Trump in Washington on June 26, earlier this week, CNBC-TV18's Ronojoy Banerjee caught up with US congressman Rohit Khanna.
Business returns of domestic non- ferrous metal players are likely to improve in FY18 due to better realisation on metal sales and input costs remaining under check, rating agency ICRA said.
MSF alleged that the US government, backed by the pharmaceutical lobby, is expected to step up pressure on several governments, including India and others in Asia and Latin America, to enforce and protect intellectual property (IP) of pharmaceutical corporations.
Cars and most of the bikes will attract the highest GST rate at 28 percent with a cess between 1-15 percent. We spoke to a few automobile dealers in Delhi and they say the registration process has not been hassle free and a higher tax rate will hurt their sales in the first quarter. CNBC-TV18's Ashpreet Sethi gave us this report.
As the countdown to India's largest tax reform nears the end, industries across the country are gearing up to embrace the new policy. CNBC-TV18 today looks at GST preparedness of the gems & jewellery sector. Will prices increase? Will demand take a hit? And most importantly, will diamonds continue to be a girl's best friend? Nitya Balakrishnan finds out.
Life insurers had sought a further tax exemption for investment into pension products. But, no such provision was made by the finance minister in his budget announcements.
Experts list the lack of long term financing, inadequate budget allocation, and insufficient transmission and distribution, as the reasons behind the government falling short of its renewable targets.
Finance minister of Kerala Thomas Isaac believes that it will be difficult to implement the Anti-Profiteering Clause given the demographics of India. In an exclusive conversation with CNN-NEWS18's Neethu Raghukumar, the Kerala FM also said that corporates and traders will gain from GST.
Investors must keep a hawk-eye on these companies that are likely to witness resolution or restructuring in the near future.
Bajaj Allianz Life has seen a 41 percent growth in the individual rated premium in FY17.
CNBC-TV18's Priya Sheth travelled to the corporate headquarters of the Godrej Group and caught up with chairman of the Godrej Group Adi Godrej to assess how prepared the company is for the transition to GST.
According to a study by online analytics training institute Edvancer, close to 50,000 positions related to analytics currently available to be filled in India. This is expected to rise to 80,000-1,00,000 in 2018.
Incumbent managements of Bhushan, Essar Steel & Electrosteel are likely to push for long-term restructuring of unsustainable debt and fight for control over assets.
Moneycontrol Research has created a portfolio for long-term ‘buy & hold’ investors to capitalise on the opportunity that “Make in India in Defence” may offer.
A delegation of French business representatives visited Nagpur yesterday to review the Nagpur Smart City and Metro rail projects underway here in which various companies from France have invested.
Facebook-owned messaging application WhatsApp is said to be in discussion with SBI, NPCI and a few others to facilitate payments via UPI.
There is now an unhealthy competition among states to announce farm loan waivers after the one declared by the BJP government in Uttar Pradesh soon after coming to power in the country's most populous state, he said.
The MoU between Water Resources Ministry and the Netherlands envisages that the two governments shall work to enhance cooperation at the national, regional and international levels in the field of water resources management and development.
Several transition issues relating to procedures to be followed on registration, migration, refund, credit for duty paid on stock, etc were discussed in detail during the meeting, which was also attended by Revenue Secretary Hasmukh Adhia.
The MoU will help in understanding the system of customer oriented public service delivery in Portugal with reference to rapidly changing environments in the area of public service management and processes in the Indian public service delivery system, leading to improved delivery in the country.
Bhushan Steel owes Rs 44,500 crore to banks, while Essar Steel has a debt now at Rs 37,300 crore and Electrosteel Steels at Rs 10,280 crore.
"Tax base will definitely widen, we cannot give you a calculation at present. After demonetisation, we had done no calculation but today we can tell you that 91 lakh new tax payers have come in since then. Similarly, after GST also the tax base will grow, definitely," he told at an IMC event here.