Friday, Nov-17-2017, 10.56PM

Centre Increases Carpet Area of Houses Under PM Awas Yojana

Nov-17-2017 | 0 Comments

Centre Increases Carpet Area of Houses Under PM Awas Yojana New Delhi: The Centre on Thursday approved the enhancement of the carpet area of houses for the middle income group (MIG) category under the Pradhan Mantri Awas Yojana-Urban (PMAY-U). Under the MIG-I category, the carpet area of the houses has been enhanced from 90 sq.mtr to 120 sq.mtr, while under the MIG-I... Read Full Story »

GST, Low Industrial Growth Drag Down Q2 Net by 1.5%: Report

Nov-17-2017 | 0 Comments

GST, Low Industrial Growth Drag Down Q2 Net by 1.5%: Report Mumbai: Lower industrial growth and adjustment to the GST regime have pulled down corporate profits by about 1.5 percent to Rs 1.03 trillion during the second quarter, against a healthy 13.2 percent rise in the year ago period, says a report. "Net profit declined by 1.5 percent year-on-year to Rs 1,03,4... Read Full Story »

Industry Body FICCI Pitches For Bringing Natural Gas Under GST

Nov-17-2017 | 0 Comments

Industry Body FICCI Pitches For Bringing Natural Gas Under GST New Delhi: More than four months after the launch of Goods and Services Tax, the industry has pitched for inclusion of natural gas in the new indirect tax regime so as to help producers contain cost and aid in moving towards a gas-based economy. In letter to Finance Minister Arun Jaitley, industry body Ficci... Read Full Story »

Bharti Airtel-Tata Tele Merger Deal Gets CCI Approval

Nov-17-2017 | 0 Comments

Bharti Airtel-Tata Tele Merger Deal Gets CCI Approval New Delhi: Fair trade regulator CCI has approved Bharti Airtel's deal to takeover the loss-making consumer mobile business of the Tata Group. The deal comes at a time when the telecom sector, bruised by tariff war and mounting losses, is in a consolidation mode as major players seek to cement their posi... Read Full Story »

Airlines Can't Charge Extra to Correct Error in Passenger Name Error, Says Govt

Nov-17-2017 | 0 Comments

Airlines Can't Charge Extra to Correct Error in Passenger Name Error, Says Govt New Delhi: Airlines are not allowed to charge additional amount for correcting any error in the name of a passenger while booking a ticket, Civil Aviation Minister Ashok Gajapathi Raju said on Thursday. The minister's comments on micro blogging site Twitter came in response to a user who complained that... Read Full Story »

Sensex Zooms 414 Points After Moody's Ups India Rating

Nov-17-2017 | 0 Comments

Sensex Zooms 414 Points After Moody's Ups India Rating Mumbai: The BSE Sensex on Friday skyrocketed 414 points to 33,521 and the NSE Nifty raced past 10,300 as banking stocks led a solid rally after Moody's upgraded India's sovereign credit rating. Positive global cues buoyed sentiment here. The 30-share Sensex climbed 414 points, or 1.25 per cent, to... Read Full Story »

Rupee Breaks Free, Runs up 69 Paise on Moody's India Upgrade

Nov-17-2017 | 0 Comments

Rupee Breaks Free, Runs up 69 Paise on Moody's India Upgrade Mumbai: The rupee on Friday appreciated a sharp 69 paise, or 1.06 per cent, to trade at an over one-week high of 64.63 against the dollar after the US-based rating agency Moody's upgraded India's sovereign credit rating. The rally was supported by the dollar selling by exporters and banks and the U... Read Full Story »

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