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Aditya Birla SUN Life AMC launches new fund scheme

Aditya Birla SUN Life AMC launches new fund scheme

Aditya Birla Sun Life AMC Ltd has launched a new fund scheme which will invest mainly in equity and equity-related securities. The Aditya Birla Sun Life Resurgent India Fund –…

Finance Minister assures ‘appropriate action’ to revive economy

Finance Minister assures ‘appropriate action’ to revive economy

Finance Minister Arun Jaitley promised “appropriate actions” at the “right time” to revive the slowdown-hit economy and said the government is seized of the problem of private investment not picking…

Economic slowdown is real, not just technical: SBI Research

Economic slowdown is real, not just technical: SBI Research

India is currently undergoing a slowdown in the GDP growth rate and the continued fall since the second quarter of FY17 is “technically not short-term in nature or even transient,”…

Digital economy to offer 5-7 mn job opportunities: IT Minister

Digital economy to offer 5-7 mn job opportunities: IT Minister

India’s burgeoning digital economy is expected to provide job opportunities to about 50-70 lakh youth in the country by 2020, Electronics and IT Minister Ravi Shankar Prasad said. Reiterating the…

What happens if petrol, diesel prices come under GST ambit?

What happens if petrol, diesel prices come under GST ambit?

Market watchers are saying that if government goes ahead with Oil Minister Dharmendra Pradhan’s suggestion to include fuel prices under the ambit of GST, there will be a steep downfall…

WPI inflation rises sharply to 3.24% in August

WPI inflation rises sharply to 3.24% in August

Wholesale inflation rose to a four-month high of 3.24 per cent in August as prices of food articles, led by onions and vegetables, soared. Inflation based on the wholesale price…

Oil Minister wants petrol, diesel to come under GST

Oil Minister wants petrol, diesel to come under GST

Oil Minister Dharmendra Pradhan ruled out government intervention to disrupt the daily revision in petrol and diesel prices. “GST is the only way to have a rational price mechanism for…

Govt notifies GST cess hike on mid & large cars, SUVs

Govt notifies GST cess hike on mid & large cars, SUVs

The government has notified levy of increased GST cess of up to 7 per cent on mid-size, large and SUV cars. The GST Council on September 9 had decided to…

Dosa batter, kitchen lighter to be cheaper under GST

Dosa batter, kitchen lighter to be cheaper under GST

Mid-sized and luxury cars as also SUVs will cost more after the GST Council decided to levy an additional 2 to 7 per cent cess on them but exempted small…

China’s exports cool in August while imports accelerate

China’s exports cool in August while imports accelerate

China’s export growth weakened in August as global demand softened while imports showed unexpected strength despite expectations of a slowdown in the world’s second-largest economy. Exports rose 5.5 per cent…

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