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54 Lakh New Indirect Taxpayers Added Since GST Implementation : Modi
Since the revolutionary GST regime came into effect from July 1 last year, Modi today acclaimed that as many as 54 lakh new indirect tax payers have been registered. Also, in the economic report card for the period in which he

RBI Asks Banks To Act on ATM Card Cloning Issue
As a result of a significant number of reported cases of card-skimming at automated teller machines (ATM), the Reserve Bank of India (RBI) has instructed banks across India to install "white-listing" or anti-skimming solutions in the machines by the end of

Petrol Rates Cut Despite Rise in International Oil Prices
Petrol prices in India fell on Friday despite the rise in oil rates in the Asian markets in early market trade. Diesel rates, on the other hand, remained unchanged. International benchmark Brent crude was trading 1.4 percent higher at $74.07 per

SEBI Introduces Major Changes In Respect of IPO And Share Buyback
The market regulator has taken some key decisions to address the concerns of companies coming up with the IPO issue so that better price discovery can be effected. For this, the otherwise five day timeline has been reduced to just 2

IRCTC To Soon Launch Own E-Wallet For Ticket Payments
Frequent travellers will be relieved to know that the e-ticketing and catering arm of Indian Railways, IRCTC (Indian Railway Catering and Tourism Corporation) is set to launch its own payment aggregator called IRCTC-iPay. This means that you will no longer need

India Raises Duty on Selected American Imports
India has followed the European Union in imposing retaliatory levies on US goods, as the trade war between China and the US worsens. Customs duties have been hiked on several goods, including Bengal gram, lentils, and artemia that are imported from

Petrol and Diesel Prices Drop On Global Cues
Fuel prices in the country were revised lower on Thursday after a temporary slowdown in the last few days. Rates in the country were impacted by the fall in international crude prices after Iran signaled that the OPEC (Organization of Petroleum

How To Plan Retirement By Investing In Mutual Funds?
In the sunset years, no dobut what ever you have accumulated over the years may come in handy, but to meet or reach that decent amount you need to pay heed to a host of factors say for eg; asset allocation,

EPFO Mulls Putting Limit On Withdrawal Amount
After exboritant rise in PF withdrawal, the provident fund body has decided to introduce limit to the withdrawal. Currently, subscribers to the provident fund are allowed towithdraw 100% of the savings, in case the concern remains jobless for 2 months. {image-epfo-1529487226.jpg

CEA Subramanian Quits, FM Jaitley Accepts Resignation
The resignation of Chief Economic Advisor and noted economist Arvind Subramanian and the following approval of his resignation was announced by Finance Minister Arun Jaitley on the social media platform Facebook. He mentioned the acceptance of his resignation and wrote the

General Electric To Be Eliminated From Dow Jones; In A Major Rejig In Dow
In a historic event, the maker of Jet engines and electric bulb, General Electric has been replaced from the Dow Jones Industrial Average with Walgreens on June 26. The Dow Jones Industrial Average or simply referred as Dow is

RBI Revises Limits On The Housing Loan Limits Under Priority Sector
The Reserve Bank of India (RBI) has revised its limits on the housing loan limits under priority sector. On loans up to Rs. 35 lakh and dwellings costing less than Rs. 45 lakh will not be treated as priority sector lending

Free Meals and Water To Railway Passengers on Sundays In case of Train Delays
In an attempt to ensure punctuality and quality in service, the Indian Railways plans to introduce 'mega blocks' on Sundays. These 'blocks' will be put in place to carry out repair work on sections of railway tracks and trains will not

AirAsia Offers Tickets At Rs 1,299, SpiceJet Announces 14 New Flights
For your travels till 31 January 2019, AirAsia is offering flight tickets at an all-inclusive rate of Rs 1,299. The special promotional sale offer ends on 24 June 2018 and the travel period ends on 31 January 2018. The promotional

Management Rejig At ICICI Bank:Who'll Lead The Private Lender?
After the board of management of Mumbai-based private sector lender, ICICI Bank approved the leave of its CEO Kochhar as a panel is currently probing her alleged connection to some of the borrowers and is said to not comply with the

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