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Will take up inclusion of jet fuel under GST with finance ministry: RN Choubey
Amid an increased demand from airlines for inclusion of Aviation Turbine Fuel (ATF) in the GST tax regime, Civil Aviation Secretary R N Choubey on Tuesday said the matter would be taken up with the finance ministry as jet fuel prices have risen 40 per cent since January, 2017. -
Aviation ministry for jet fuel under GST
Amid an increased demand from airlines for inclusion of Aviation Turbine Fuel (ATF) in the GST tax regime, Civil Aviation Secretary R N Choubey on Tuesday said the matter would be taken up with the finance ministry as jet fuel prices have risen 40 per cent since January, 2017. -
'Rising fuel prices to have adverse impact on Indian market'
'Rising fuel prices to have adverse impact on Indian market' -
Task force to review Income Tax laws gets 3 months more till August to finalise report
The task-force rewriting the income tax laws has been granted three months more time till August to submit its report to the government, the finance ministry said today. -
PNB scam: Court orders issuance of NBW against Mehul Choksi
A special CBI court on Tuesday took cognisance of the second chargesheet filed in the Rs 12,636-crore PNB fraud case and ordered the issuance of a non-bailable warrant against diamond merchant Mehul Choksi, a key accused. -
Over 39 lakh new jobs created in 7 months till March, reveals EPFO payroll data
As many as 39.36 lakh new jobs were created during 7-month period ending March this year, as per the latest retirement fund body EPFO's payroll data. -
E-way bill alert: Country-wide system to be mandatory from this date
The e-way bill for moving goods within a state will become mandatory from June 3, with the country-wide roll out of the mechanism. -
ONGC, OIL face risk of subsidy sharing: Moody's
ONGC and OIL, it said, have not contributed to fuel subsidies since June 2015, but have in previous years paid for over 40 per cent of the country's annual subsidy bill. -
Digital agility is key for insurers to compete with big tech firms: Report
Insurance companies could face tough competition from Amazon and Google in attracting customers -
RCom moves NCLAT challenging order allowing plea for its insolvency
Anil Ambani-run RCom's plea is expected to be heard by the appellate tribunal in the coming week. -
HSBC black money list: ED seizes Rs 20.87 crore assets of Dabur's Burman
The agency took over the case on the basis of a charge sheet filed by the Income Tax Department (ITD) against Burman as part of its probe in the leaked HSBC list of Indians. -
Steps to deal with rising petrol, diesel prices likely this week
The government may not rely only on cutting excise duty, which makes up for a fourth of the retail selling price, the official said but did not elaborate. -
Over one-third govt schools enrol less than 50 students: Report
The ministry wants to reduce the waste of resources spent on providing required basic infrastructure and staff at schools with low enrolment ratio. -
India GDP to grow at 9%? Here’s why Rajiv Kumar thinks it can become a reality soon
In a Facebook live organised by NITI Aayog, not only did Rajiv Kumar exuded confidence that Indian economy will grow at 9% but also said that it will sustain the growth rate. -
Petroleum products need to be brought under GST: IOCL Chairman
Currently, crude oil, petrol, diesel, jet fuel or aviation turbine fuel (ATF) and natural gas are not included in GST, which kicked in from July 1. -
Markets end marginally higher on value-buying
Major gainers were Dr Reddy's, SBIN, Tata Motors, Bajaj Auto, Coal India, Sun Pharma, Maruti, Infosys, M&M, Bharti Airtel and L&T rising up to 5.84 percent. -
Manmohan Singh borrowed economic reforms strategies from Pakistan and successfully implemented, says top minister
Pakistan has squandered the economic growth opportunity in the past because of political instability, Interior Minister Ahsan Iqbal has said, asserting that "tanks and missiles" alone cannot save a country. -
Petrol, diesel prices at all-time high but government not in favour of excise duty cut
Petrol price touched a record high of Rs 76.87 per litre and diesel climbed to its highest ever level of Rs 68.08 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers. -
Clean bowled! Income-tax department flummoxed by Jaitley’s clampdown on shell cos; wants firms restored
The Central Board of Direct Taxes believes that the appeals for "restoration" of these firms are required to recover tax dues and "protect the legitimate interests of revenue". -
Digital India goes rural: Modi’s ‘DigiGaon’ to bring villages on Wi-Fi Internet to boost literacy, incomes
With the center's focus clearly on "digital inclusion", this initiative will enable people in rural areas to be able to access quality services like telemedicine, education, and skills through the use of digital technologies. -
SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans
The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17. -
DGAD terminates anti-dumping probe into chemical from China
Commerce Ministry's investigation arm DGAD has said it is terminating its anti-dumping probe into import of a Chinese chemical used in dye industry. -
Adobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. -
Consumer Reports finds flaws in Tesla's Model 3
Musk had driven shares in the electric carmaker 4 percent higher with a weekend twitter discussion which showed the company was aiming initially to deliver more profitable and higher-priced fully-loaded editions of the Model 3. -
NCLAT issues notice to Bhushan Steel RP, CoC on L&T's plea; makes Tata Steel party
NCLAT also impleaded Tata Steel, whose bid for the debt ridden firm has been approved, as party over L&T plea seeking to recover Rs 900 crore. -
Exports king China to hold its first import-only fair; here’s what the dragon may be trying to prove
Amid threats of trade war under the protectionist policy of US President Donald Trump, exports king China is all set to hold its first import-only fair this year in November to give firm support to "trade liberalization and economic globalisation". -
Hyundai to hike vehicle prices by up to 2% from June
The increased prices will not be applicable to the newly launched 2018 edition of SUV Creta. -
Vishal Sikka got Rs 13 crore remuneration from Infosys for FY18
Sikka had resigned as CEO and Managing Director effective August 18, 2017 and as Executive Vice Chairman effective August 24. -
Petrol, diesel prices hiked by over Rs 2 in last 9 days, Twitter fumes
Petrol price touched a record high of Rs 76.87 per litre and diesel climbed to its highest ever level of Rs 68.08 per litre on Tuesday. -
NSE drags Singapore Exchange to court over Indian derivatives products launch
SGX has, however, reiterated its plan to list the new Indian derivatives in June. -
Did Modi’s demonetisation succeed in killing cash? RBI’s latest data will surprise you
The demonetisation of the two high-value currencies of Rs 1,000 and Rs 500 was declared by Prime Minister Narendra Modi on the night of November 8, 2016. -
As bitcoin world wobbles, mining rig company plans $2 billion IPO
Canaan is expected to present itself to investors not so much as a bitcoin company, but as a chip designer focused on developing other markets in artificial intelligence and blockchain, the electronic ledger that underpins bitcoin. -
Sony buys EMI Music Publishing in $1.9 bn deal
Sony signed a deal with Abu Dhabi-based investment firm Mubadala to buy its 60 percent holding in EMI, giving the Japanese firm an indirect stake of approximately 90 percent, Sony said in a statement. -
After Modi’s Karnataka loss, there is a greater threat to India’s budget
Prime Minister Narendra Modi’s loss of control of a key Indian state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia’s largest budget deficits. -
Petrol, diesel price on 22nd May 2018: Check out rates here city-wise
Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices. -
Stock markets open flat, Nifty below 10,600
Market opened flat on Tuesday ahead of earnings, but picked up momentum in early trading. -
Why 2018 Creta could help Hyundai regain ground lost to compact SUVs
Hyundai recently launched the all-new 2018 Creta at a starting price of Rs 9.43 lakhs (ex showroom, Delhi) with an eye on recapturing territory lost to compact SUVs and direct rivals who have emerged as significant players in the Indian auto industry. -
Iran condemns US announcement on sanctions
Iran has condemned the US for promising to impose the "strongest sanctions in history" on his country. Measures outlined by US Secretary of State Mike Pompeo showed the US was a prisoner of its "failed policies" and it would suffer the consequences. -
Rs 450-crore Input Tax Credit: Intelligence unit unearths fake GST bills business
The intelligence unit for the GST has unearthed a nexus among businesses that use fake bills to claim input tax credit.
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