All states sans J&K pass SGST Bill to keep date with July 1 All states and Union Territories, barring Jammu and Kashmir, have passed their State GST Act, paving the way for rollout of the Goods and Services Tax from the mid-night of June 30-July 1. While Kerala and West Bengal have issued an ordinance to approve…
Wi-fi facility set up at 1,000 hotspots in Hyderabad Telangana government today launched the ‘Hyderabad City Wi-Fi’ project, providing the wireless networking technology at over 1,000 public places in the city. Greater Hyderabad Municipal Corporation (GHMC) Mayor B Rammohan, who launched the project, said…
Govt may link Aadhaar with land records to expose benami properties Following closely on the heels of linking bank accounts and PAN with Aadhaar, the government is now planning to mandate the linking of Aadhaar with all land records under the Digital India Land Records Modernization Program (DILRMP). According to a…
Mumbai petrol dealers say they are unprepared for daily price change With the dynamic system of fuel pricing all set to make a debut across the nation from tomorrow, petrol pump owners in the city feel the liabilities of the public sector oil companies have been conveniently pushed on to their heads. This initiative…
Sensex gains 52 points, Nifty advances as inflation cools off The benchmark BSE Sensex rose by 52 points to close at 31,155.91 points today in a volatile trade as oil and gas, banking and pharma stocks gained amid positive global cues. Inflation based on the wholesale price index fell to a five-month low of 2.17 per…
Superfast Tejas Express reaches Mumbai early despite 3 hour delay Despite a three hour delay in leaving the Karmali station in Goa, Superfast Mumbai-Karmali Tejas Express surprised its commuters by reaching Mumbai a little before its scheduled arrival time on Sunday. The superfast express lived up to its name in its…
Banks need Rs 95,000 cr capital, stressed assets to rise: Moody’s Stressed assets of Indian banks will increase through 2019 and capitalisation will remain a key credit weakness for state-owned lenders which will need up to Rs 95,000 crore additional capital over the next two years, Moody’s said today.…
RBI keeps key rate unchanged; cuts SLR, lowers GDP projection The Reserve Bank today kept interest rate unchanged as widely expected but raised concerns over fiscal slippages in view of rush for farm loan waivers. It has however slashed the Statutory Liquidity Ratio (SLR) or the percentage of deposits that banks have…
RBI seen holding rates, expected to sound less hawkish The Reserve Bank of India (RBI) will likely strike a less hawkish tone while leaving interest rates unchanged at a policy meeting on Wednesday, according to analysts, as inflation is running well below forecasts, and the economy has slowed more than expected. A…
Bajaj Auto Introduces Avenger ‘Feel Like God’ Rides For 2017-18 Indian bike makers have realised that manufacturer-backed biking communities and ride experiences play a crucial role in building a brand’s image. In such events, like-minded people come together and develop a sense of community and brotherhood. To…