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Wealth creation as important as its distribution: Minister

Wealth creation as important as its distribution: Minister

Emphasising that development has no meaning unless it covers all sections of the society, Union Minister M. Venkaiah Naidu said creation of wealth is as important as its distribution. “In…

Trying to implement GST from July 1, says Jaitley

Trying to implement GST from July 1, says Jaitley

Finance Minister Arun Jaitley on Wednesday said he is hopeful of rolling out the biggest tax reform GST from July 1 which will make goods and services cheaper and tax…

Govt proposes Rs 2 lakh cap on cash transactions

Govt proposes Rs 2 lakh cap on cash transactions

The government on Tuesday proposed to reduce the cap on cash transactions to Rs 2 lakh, down from Rs 3 lakh as announced in the Union Budget. A penalty of…

Bharatiya Mahila Bank to merge with SBI

Bharatiya Mahila Bank to merge with SBI

The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more…

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India is home to world’s fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new…

I-T dept makes public list of defaulters owing Rs 448 cr

I-T dept makes public list of defaulters owing Rs 448 cr

The Income Tax department released a list of 29 entities owing Rs 448.02 crore in taxes as part of its strategy to name and shame large defaulters. In advertisements issued…

Hindujas are wealthiest Asians in U.K in 2017

Hindujas are wealthiest Asians in U.K in 2017

NRI businessmen Hindujas have retained their position as the richest Asians in the U.K in 2017 with an estimated wealth of 19 billion pounds, an increase of 2.5 billion pounds…

ESAF Small Finance Bank launched

ESAF Small Finance Bank launched

ESAF Small Finance Bank, Kerala’s first private sector in micro financing, was launched by Chief Minister Pinarayi Vijayan on Friday. The bank, promoted by ESAF Microfinance and Investments (P) Ltd…

BMW India to increase prices across range from Apr 2017

BMW India to increase prices across range from Apr 2017

BMW Group India has announced that the German auto giant will be increasing prices across the complete range by an average of 2 per cent with effect from the new…

Govt must bail out troubled big borrowers at time: CEA

Govt must bail out troubled big borrowers at time: CEA

The government needs to bail out large corporate borrowers at times in a capitalist system though it may lead to charges of cronyism, Chief Economic Adviser Arvind Subramanian has said,…

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