The New Indian Express Business News

  • Business

    Reasonably possible to meet Apr deadline for GST: Jaitley

    MUMBAI: Lauding the progress achieved so far on GST implementation, Finance Minister Arun Jaitley today exuded confidence that it is "reasonably possible" to meet the April 1 deadline to roll out the new indirect tax regime. "There has hardly been an opportunity, in fact there has been none, where I've seen state finance ministers dividing themselves on party lines...

    • 6 hrs ago
  • Business

    Rupee climbs to two-week high against dollar, up 11 paise

    MUMBAI: Rising for the fourth consecutive session, the rupee today ended at a fresh two-week high of 66.50 on sustained selling of the US currency by exporters and banks despite higher greenback overseas. A large uptick in foreign capital inflows into debt and equities largely supported the domestic unit to maintain its edge against the greenback. Unwinding of long-dollar positions by...

    • 7 hrs ago
  • Business

    Centre to utilise waterways to tansport logistics: Nitin Gadkari

    KOCHI: Looking to bring down the cost of logistics, government would utilise waterways in the country to transport goods including fertiliser, cement and steel, Union Minister Nitin Gadkari said today. Gadkari said this hailing the arrival of car carrier ship MV Dresdan with 500 cars at Coachin Port. This is a successful experiment and effective utilisation of this (waterways)...

    • 7 hrs ago
  • Business

    Sebi chief U K Sinha calls for common BRICS bond market

    MUMBAI: Looking to deal with challenges surrounding debt securities trading, Sebi Chairman U K Sinha today pitched for developing a unified BRICS bond market for the benefit of all the member countries. "BRICS countries have created New Development Bank (NDB) to foster a collective growth path and now the time is ripe to think of sharing the experiences in developing the bond markets...

    • 7 hrs ago
  • Business

    Finance ministry official: Monetary policy panel to meet before October fourth

    MUMBAI: Economic Affairs Secretary Shaktikanta Das said the new six-member Monetary Policy Committee, which will set interest rates, will meet before the Reserve Bank of India's (RBI) policy review on Oct. 4 and give their recommendations. "The MPC will, of course, meet before the fourth of October and the committee will give their recommendations based on...

    • 7 hrs ago
  • Business

    Trai calls meet as incumbents allege norm violation by Reliance Jio

    NEW DELHI: Amid the blame game between existing players like Airtel and entrant Reliance Jio over call drops, telecom regulator Trai has called a meeting with operators on September 30 to discuss alleged violations of tariff orders by the newcomer. "I have called for a meeting on Friday or may be Monday. Some telecom service companies had written to us alleging that...

    • 7 hrs ago
  • Business

    High stakes for India's $84 billion airwave auction after Vodafone play

    MUMBAI: Vodafone's $7.2 billion cash injection into its Indian business has turned up the heat just days ahead of an $84 billion airwave auction which could decide who wins and loses in one of the world's fastest-growing telecoms markets. Spending may fall well short of that huge target. But, industry insiders and advisers say, the race for premium spectrum will...

    • 8 hrs ago
  • Business

    Google launches service to take internet to India malls, cafes

    MUMBAI: Google, a unit of Alphabet Inc, said on Tuesday it launched Google Station in India, a service that aims to deepen its reach across the country, as the search giant seeks to bring more people on to its Google platform. Under the service, Google will roll-out Wi-Fi hot spots in places frequented by a large number of people, such as malls and transit stations, and in social...

    • 8 hrs ago
  • Business

    10 must-know shopping tips to find the best ethnic wear online

    Most of us love the fact that a majority of brands and designers that we love are now just a click away. This makes shopping for practically everything super simple and eradicates all the negatives of having to physically roam the market. The latest in fashion is available at the scroll of the bar. Having the freedom to browse through every range of clothing, in every kind of budget...

    • 8 hrs ago
  • Business

    Sensex fails to latch on to gains, slumps further on Europe woes

    MUMBAI: Stocks hit a soft patch for the third straight day as the Sensex succumbed to a slump in European markets as it wiped off early gains and ended lower at 28,224 -- an almost 1-month low -- ahead of the derivatives expiry. The beginning of trade, however, offered a picture in contrast as mood remained upbeat after the US presidential debate showed Democrat Hillary Clinton...

    • 9 hrs ago

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