Business

The government's collection of Goods and Services Tax (GST) stood at Rs 1,03,492 crore last month, official data showed on Sunday. The figure marked the third largest monthly collection of GST since the launch of the new indirect tax regime in July

After Vodafone Idea and Bharti Airtel, Reliance Jio on Sunday announced new tariff plans with up to 40 per cent increase in prices.

The new "all-in-one" plans will come into effect from December 6, Reliance Jio said in a statment, adding that customers

The bi-monthly monetary policy review along with automobile sales numbers and macro-economic data will drive the stock markets' trajectory in the upcoming week, analysts have opined.

Additionally, direction of foreign fund flows, rupee's movement against

Crisil Rating on Monday sharply cut India's growth outlook for fiscal 2020 to 5.1 per cent from 6.3 per cent, citing a dip in fixed investment, weak private consumption growth, weak growth in tax collections and industrial production among others.

A major worry, Crisil said, is the sharp fall in nominal growth to 6.1 per cent in second

Bharti Airtel on Sunday announced increased tariffs for prepaid customers. The new plans will come into effect from December 3, the telecom operator said in a statement. The recent announcement comes on the backdrop of Airtel's highest quarterly loss of Rs 50,922

There may not be much the government can do to fightback the severe slowdown facing the economy because the fiscal space to do so is limited after the corporate tax rate cut and GST shortfall, Kotak said in a report on Saturday.

National Statistical Office (NSO) data showed that India's GDP growth slipped to a six-year low of 4.5 per cent

The steel sector is witnessing growth in the recent past after a slowdown, with India becoming a net exporter in the current financial year, Union minister Dharmendra Pradhan said on Monday.

During the Question Hour, he said steel is a deregulated sector where market forces and commercial considerations decide construction and location of new steel

Vodafone Idea on Sunday announced increased tariffs for prepaid customers. The new plans will go into effect from December 3, the telecom operator said in a statement. The hike in tariff follows record loss by the company for the quarter ended

The second quarter GDP growth came in at over 6-year low and sparked a political war of words. However what is strange is that so far it hasn't triggered any reaction from India's corporate sector.

The Confederation of Indian Industry has not issued a statement on the growth figures. When TheIndianSubcontinent reached out to CII and asked, they

Maruti Suzuki India on Monday reported sales of 1,39,133 passenger vehicles in the domestic market last month, marking a decline of 3.3 per cent compared with the corresponding period last year. Maruti Suzuki said its total domestic sales were down 3.2 per cent at 141,400 units in November. Total passenger car sales, including the mini and compact

Telecom operator Bharti Airtel on Sunday came out with revised tariff plans for its mobile customers, which would come into effect from December 3.

The announcement has come on the backdrop of its highest quarterly loss of Rs 50,922 crore amid an adverse

Finance Minister Nirmala Sitharaman said on Saturday that several significant steps in structural reforms have been taken in the past few months and responses/interventions addressing the needs of the economy will continue, indicating more relief measures

The S-P BSE Sensex and NSE Nifty 50 indexes ended on a flat note on Monday as gains in telecom and energy shares were offset with losses in auto, consumer durables and banking heavyweights. The benchmarks opened higher but gave up gains to trade

The Reserve Bank may cut interest rates for the sixth straight time on December 5 to support growth that has continued to slip to more than six-year low on slump in manufacturing, bankers and experts said.

RBI has cut interest rates on every single occasion the multi-member monetary policy committee (MPC) has met since Shaktikanta Das took over as

The government has extended FASTag deadline for mandatory implementation of use of radio frequency identification (RFID) based FASTags for vehicles plying on National Highways. The FASTags were supposed to be implemented across the country by December 1

The domestic stock markets are choppy in mid-morning trades. Gains in energy and infrastructure shares supported the markets however losses in automobile stocks capped the upside.

At 11.50 am, the Sensex was trading at 40,850, up 59 points after trading

State-owned trading firm MMTC, which is importing onion on the behalf of the Centre, has placed an order of 11,000 tonnes of edible bulb from Turkey as part of its efforts to boost domestic supply and ease soaring prices, sources said.

This is the second import order placed by the MMTC. The public sector firm is already importing 6,090 tonnes from

Yes Bank Ltd aims to raise up to $2 billion in a massive issue of new shares to institutional investors and wealth managers as it soaks up the impact of bad loans in the country's crisis-hit shadow banking and real estate sectors.

The

Vodafone Idea on Sunday announced new prepaid tariffs for its prepaid products and services.

Vodafone Idea had stated that it would increase its tariff from December 1. The announcement has come on the backdrop of its highest quarterly loss of Rs 50,922 crore amid an adverse

Price of petrol was raised by 5 paise in Delhi, Mumbai and Kolkata while in Chennai the price of of petrol was increased by 6 paise by the state-run oil refiner Indian Oil on Saturday. At the same time, diesel prices were kept unchanged across the four metro

The Goods and Services Tax (GST) collection stood at Rs 1,03,492 crore in the month of November, the government said on Sunday. This was the eighth time since the launch of GST in July 2017 that monthly collection crossed the Rs 1 lakh crore mark. Also, this was

Gold was sold at a premium this week in India as a dip in prices prompted purchases of the precious metal, while demand was soft in other Asian hubs as interest for the metal waned going into the year-end season.

Dealers were charging a premium of up to $1.5 an ounce over

The deepening economic slowdown gives the Reserve Bank of India more reason to cut interest rates this week, adding to the fiscal stimulus already in the works.

The RBI will deliver its rate decision on December 5, days after a report showed growth collapsed to 4.5

Government will unveil a series of infrastructure projects this month as part of a plan to invest Rs 100 lakh crore ($1.39 trillion) in the sector over the next five years, the finance minister said on Saturday, in a push to improve the

Country's economic growth cooled to 4.5 per cent in the July-September quarter from the same period a year earlier, the weakest pace in more than six years, as consumer demand and private investment weakened and a global slowdown hit exports, government data released on Friday showed.

Economists polled by Reuters had expected growth to

Domestic stock markets started the week on a positive note amid gains in Asian peers. The S-P BSE Sensex rose as much as 117.58 points to touch 40,911.39 on the upside whereas the broader NSE Nifty benchmark traded firm above the 12,050 mark. Gains in energy and infrastructure shares supported the markets however losses in automobile stocks

Soon to complete 5 years of operations, Tata Group-Singapore Airlines backed passenger carrier -- Vistara -- plans to operate beyond the subcontinent and southeast Asia.

The airline which commenced commercial operations on January 9, 2015 has indicated plans to