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Date : Wed, 07 Dec 2016 21:07:20 +0530

Demonetisation: 2017 to see a change in Indian mindset, says Narayana Murthy

NR Narayana Murthy After demonetisation, 2017 will see a change in the Indian mindset. However, it will have to be seen whether Indians would still subscribe to the old ways of under the table transactions or whether they will follow PM Narendra Modi's advice for the overall good of the country, said NRN Murthy.

Date : Wed, 07 Dec 2016 20:54:13 +0530

CERC allows Tata Power, Adani to pass through high cost

CERC allows Tata Power, Adani to pass through high cost Power regulator CERC has allowed Tata Power and Adani Power to pass through the losses suffered by them due to procuring high price coal from Indonesia to run their power plant.

Date : Wed, 07 Dec 2016 20:54:12 +0530

JPMorgan Chase denies wrongdoing in EU rate rigging case

JPMorgan Chase denies wrongdoing in EU rate rigging case New York, Dec 7 (AFP) JPMorgan Chase today denied any wrongdoing after the EU's anti-trust regulator hit it and two other banks with fines for alleged interest rate rigging, saying it may appeal.

Date : Wed, 07 Dec 2016 20:54:11 +0530

GST jurisdiction a difficult issue, hopeful of Apr roll-out:FM

GST jurisdiction a difficult issue, hopeful of Apr roll-out:FM Pinning hopes on quick resolution of the "difficult issue" of tax jurisdiction with states, Finance Minister Arun Jaitley today said that Goods and Services Tax regime will be rolled out from April next year.

Date : Wed, 07 Dec 2016 20:54:09 +0530

3.6 cr farmers take insurance cover of Rs 1.41 lakh cr so far

3.6 cr farmers take insurance cover of Rs 1.41 lakh cr so far About 3.6 crore farmers have taken the crop insurance policy for a sum insured of Rs 1.41 lakh crore so far in 2016-17 crop year, the government said today and expressed confidence that it would meet the target of 30 per cent coverage by end of the rabi (winter) season.

Date : Wed, 07 Dec 2016 20:54:08 +0530

Verifying genuineness of farm income over Rs 1 crore: Govt

Verifying genuineness of farm income over Rs 1 crore: Govt Stating that government has no plans to bring farm income under the tax ambit, Income Tax department is being tasked with verifying the genuineness of income over Rs 1 crore for assessment years from 2007-08 to 2005-16.

Date : Wed, 07 Dec 2016 20:54:07 +0530

Note ban has no automatic impact on RBI balance sheet: Patel

Note ban has no automatic impact on RBI balance sheet: Patel Reserve Bank Governor Urjit Patel today said it would not have any automatic impact on the central bank's balance sheet, putting credence to the view of many analysts that government may not make any windfall from the demonetisation.

Date : Wed, 07 Dec 2016 20:54:06 +0530

Demonetisation, Jio rivalry to hit telcos revenue by 5-7%:ICRA

Demonetisation, Jio rivalry to hit telcos revenue by 5-7%:ICRA Revenue loss on account of demonetisation and competitive pressures, intensified by extension of free services by newcomer Reliance Jio, may lead to the telecom industry taking a hit of 5-7 per cent on revenue during the next two quarters, ICRA said today.

Date : Wed, 07 Dec 2016 20:54:05 +0530

Note ban impact on GDP growth only 15 bps, says RBI

Note ban impact on GDP growth only 15 bps, says RBI The Reserve Bank attributed the 50-bps lowering in its GVA growth estimate to 7.1 per cent this fiscal year to the lower-than-expected expansion in the second quarter and not to demonetisation that has hurt consumption activity massively.

Date : Wed, 07 Dec 2016 20:54:04 +0530

ONGC inks pacts with Schlumberger, Halliburton for two fields

ONGC inks pacts with Schlumberger, Halliburton for two fields State-owned Oil and Natural Gas Corp (ONGC) today signed agreements to practically outsource production of oil and gas from its ageing fields in Gujarat and Assam to international service providers Schlumberger and Halliburton.

Date : Wed, 07 Dec 2016 20:54:03 +0530

PM's 'Mann ki Baat' fetched AIR Rs 4.78 cr in 2015-16: Govt

PM's 'Mann ki Baat' fetched AIR Rs 4.78 cr in 2015-16: Govt Prime Minister Narendra Modi's radio address 'Mann ki Baat' is not just bringing lakhs of listeners to the All India Radio, but also getting much needed mega bucks for the public broadcaster.

Date : Wed, 07 Dec 2016 20:50:03 +0530

Vodafone halves 4G mobile broadband price

Vodafone halves 4G mobile broadband price Following Reliance Jio's extension of free services till March, telecom operator Vodafone today started offering double 4G data usage under existing schemes priced above Rs 255, thereby reducing prices by 50 per cent.

Date : Wed, 07 Dec 2016 20:48:44 +0530

Maruti unlikely to see demand slowdown in 2017: RC Bhargava

RC Bhargava Terming the dip in footfalls and new bookings on account of demonetisation as a ‚??temporay blip‚?Ě, Chairman RC Bhargava said latest reports from its dealerships indicate a reversal in the trend. He added that the company is unlikely to face a demand slowdown in 2017.

Date : Wed, 07 Dec 2016 20:37:14 +0530

Ola's subscription service, Share Pass, records 5 mn rides

Ola's subscription service, Share Pass, records 5 mn rides Share Pass, a subscription product, allows customers to take Ola Share rides at a flat fixed price everyday. The customers can get rid of peak pricing though this

Date : Wed, 07 Dec 2016 20:32:19 +0530

Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

Ashish Parthasarthy Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.

 

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