Business

Any easing of spectrum limit within a band by TRAI may come as a relief to Idea Cellular and Vodafone which are in the process of merging.

With the government mulling a stimulus package to revive the sagging growth, the RBI cautioned that a 0.50 percent slippage in the Centre's fiscal deficit alone can increase inflation by 0.25 percent.

The benchmark BSE Sensex rose 44.16 points, or 0.14 per cent, to 31,541.54 in opening session on Wednesday.

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SBI has also clarified that around 13 Crore SBI accounts that were opened under the Pradhan Mantri Jan Dhan Yogna (PMJDY) and Basic Savings Bank Deposit Accounts (BSBD) are already exempted from Monthly Average Balance.

The American currency found no favour with exporters and banks, who intensified their selling.

The scheme, launched on September 9 last year and applicable to premium trains such as the Rajdhani, Shatabdi and Duronto, allows 10 percent of the seats to be sold at normal fare and thereafter increasing it in phases by 10 percent with every 10 percent...

BJP veteran Yashwant Sinha had earlier lambasted the NDA government for “economic mess” and questioned the newer methodology to calculate the GDP. He also accused Modi-led government of flawed implementation of GST and demonetisation.

In April, the bank had re-introduced MAB and charges for non-maintenance of balance after a gap of five years. In metropolitan areas the minimum balance requirement was Rs 5,000.

Currently GSTN system is working smoothly and accepting more than 80,000 GSTR-3B returns per hour, said its Chairman Ajay Bhushan Pandey.

The development follows a decision by the board of Connaught Plaza Restaurants Ltd (CPRL), which passed a resolution on September 17 to reopen 21 outlets for which health licences have since been received, Bakshi said in a statement.

If the Goods and Services Tax (GST) is implemented efficiently, the growth boost India will get is going to be huge, World Bank India chief Junaid Ahmad said.

The regulator has proposed that the entire process involved in installation of mobile towers and use of spectrum should be made online for quick and easy approvals.

There is no doubting the urgency: economic growth has been falling for the last six quarters; exports have been tepid; corporate investments anaemic and private demand malfunctioning. Whether the government will opt to increase spending, the one weapon at...

Sanjay Rajagopalan mentioned that he was employed with Infosys from August 2014 to September 2017, a duration of three years and two months. It was widely anticipated that Rajagopalan would quit after Vishal Sikka put down his papers.

The new model of banking allows mobile firms, supermarket chains, and others to cater to banking requirements of individuals and small businesses.