Analysis of GSTN data show that in a large number of cases, the refund claimed by an exporter is higher than the GST paid by him and consequently, the information filed by exporters is not forwarded to Customs by GSTN.
Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance cover against delinquencies by their employees to protect their bottomlines.
Stating that the bid of Liberty House was submitted before the bids for Bhushan Power and Steel were opened, the company said that nothing unfair has happened.
According to a senior official, the government is awaiting for closure of Vodafone and Idea mobile tower sale transaction with American Tower Corporation.
In his annual letter to Berkshire shareholders, Buffett said finding things to buy at a "sensible purchase price" has become a challenge and is a major reason Berkshire is awash with $116 billion of low-yielding cash and government bonds.
A clear understanding of your cash flow requirements helps you achieve effective asset allocation for your financial goals.
SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in compliance with wider ring-fencing of capital requirements by the Bank of England.
The Indian industry called for better control systems to check financial frauds and also suggested gradual reduction in government holding in PSBs.
The country having close to 300 million acres of arable land faces a unique task of feeding its 1.4 billion people.
In the 2018-19 Budget, the government has hiked the direct tax, which includes personal income tax and corporate tax, collection target to Rs 10.05 lakh crore, from Rs 9.80 lakh crore budgeted initially.
According to the global financial services major, the inflation trajectory will hold the key towards determining when the central bank will likely hike interest rates.
Berkshire Hathaway's annual shareholder meeting is akin to a pilgrimage to financial advisors and investors. It is also equally interesting for children for the lineup of cartoon characters and food to keep them entertained as their parents look forward to Warren Buffett's financial advice.
As per the latest World bank's Doing Business ranking, India's position improved by 30 places to 100th. The government wants India to figure within top 50 in the coming years.
The move, which would not just help attract foreign investment but also bring in efficiency and promote competition, follows government's decision of opening up the coal sector to commercial mining by private entities.
The company has now agreed to do just the upstream field development part, leaving the marketing of the fuel to Iran.
Leading TV manufacturers like Sony, LG, Panasonic and Samsung are set to increase prices of their LED/OLED sets by up to 7 per cent to offset impact of increase in customs duty.
Tech Mahindra has set up a lab in Bengaluru in association with US chipmaker Intel as part of its preparedness for 5G services expected to be rolled out by 2019, said a top executive of the IT firm.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
After the commissioning of the new mills, the ore treatment capacity will increase to 17.5 MT from the current 14.5 MT per annum.
Eight of 10 most valued Indian companies together added Rs 58,650.26 crore in their market valuation last week, with IT major TCS witnessing the maximum gain.
Under the CARs of 2009, the notice period was increased to six months from the earlier three months, which is the international practice, the pilots associations have said.
To partly raise money for viability gap funding requirement under the UDAN (Ude Desh ka Aam Naagrik) scheme, the civil aviation ministry has been collecting the levy since December 2016.
It has received green nod for expanding the production of viscose staple fibre and captive power at Kharach unit in Bharuch, Gujarat, that would entail an investment of Rs 1,800 crore.
Hindustan Aeronautics, ICICI Securities, Barbeque-Nation Hospitality and Flemingo Travel Retail are among the names that plan to launch share-sale offers in the coming months.
The fake notice bearing the regulator's logo and purportedly addressed to National Stock Exchange (NSE) was circulated on various WhatsApp groups and other social media platforms on February 21.