Business

The reserves had crossed the USD 400-billion mark for the first time in the week to September 8, 2017, but have been fluctuating since then. However, there has been a continuous surge since the start of this year for the fifth straight week.

Presenting his last full budget before the general elections due in early 2019, Jaitley proposed to tax LTCG on equities exceeding Rs 1 lakh at 10 per cent, which is expected to bring in revenue of Rs 20,000 crore.

"Malvinder Mohan Singh, Executive Chairman and Shivinder Mohan Singh, Non-Executive Vice Chairman have tendered their resignation from the directorships of the company," Fortis Healthcare said.

Amitabh Kant was appointed the Chief Executive Officer of the government think tank, Niti Aayog, on February 17, 2016 for a two-year term.

According to Federation of Indian Export Organisation (FIEO), the current share of exports in GDP is 18 to 19 percent.

Forex dealers said that besides increased demand for the American currency from importers, a lower opening of the doemstic equity market also kept pressure on the rupee.

The 30-share index had plunged over 460 points in afternoon trade after FM Jaitley announced long-term capital gains tax of 10 percent on stock market gains exceeding Rs 1 lakh.

The government claimed that such measures in the past have been paying dividends and would result in the creation of 70 lakh jobs this year as per an independent study.

As announced by Finance Minister Arun Jaitley during his Budget 2018 speech, the government's focus was on defence production and inviting investment in the sector.

Arun Jaitley's Budget 2018 deemed cryptocurrency transactions as illegal and said the government will work towards eliminating them.

The Union Budget 2018-19 is not just the Narendra Modi government’s last full-fledged budget ahead of 2019 General Elections, it is also its last chance to fulfill a promise it made before the previous elections — higher tax relief to families caring for...

The implementation of this electronic documentation system, to track the movement of goods and designed to prevent tax evasion, was put on hold until after the Goods and Services Tax (GST) stabilised following the rollout of the new indirect tax regime fr...

Markets will be focused on how much India widens its fiscal deficit beyond the 3 percent of gross domestic product projected for 2018/19.

As Finance Minister Arun Jaitley gets ready to present the Union Budget 2018 on February 1, News18 brings you the sectoral outlook for five key sectors, explained through videos.

The document, prepared by Chief Economic Adviser Arvind Subramanian and his team assessing the economic condition of the country, stated that the country’s financial savings has benefitted due to demonetisation.

The case study, to be completed in another four months, is part of a course that focusses on the business of the Indian film industry, starting from the selection of scripts to the films hitting the screens.