Posted in Business

Onion Prices Surge To Rs 70-80 Per Kg In Delhi, Other Cities. Check Onion Rates In Your City

At wholesale market of Lasalgaon, onion prices rose to Rs 45/kg last week. New Delhi:  The Centre is mulling imposing stock limits on onion traders…

Continue Reading...
Posted in Business

SBI Withdraws Repo Rate Linked Home Loan Scheme (Interest Rate), Here’s What Customers Need To Do Now

SBI had introduced repo-linked home loans in July this year. State Bank of India or SBI, the country’s largest lender, has withdrawn the repo-rate linked…

Continue Reading...
Posted in Business

No Erosion In Asset Quality Post United Bank, Oriental Bank Merger: PNB

The merged entity will be operational from April 2020. New Delhi:  The Punjab National Bank (PNB), which is the anchor bank for a scheduled merger…

Continue Reading...
Posted in Business

Banks Strike, Banks Closed For 4 Days, Bank Schedule

Unions have also threatened to go on indefinite strike from the second week of November. Around four lakh bank employees across the country are set…

Continue Reading...
Posted in Business

What Hoteliers Say On Government’s GST Rate Cut (Hotel Room Tariffs Rate Lowered)

The tax on room tariff of above Rs 7,500 was lowered to 18 per cent from the existing 28 per cent. The GST or Goods…

Continue Reading...
Posted in Business

Shaktikanta Das Says GDP Growth Expected To Be Better In September Quarter

Mr Das was addressing an India Today event in Mumbai. Reserve Bank of India Governor Shaktikanta Das said on Friday that with the government spending…

Continue Reading...
Posted in Business

Gold Demand In India Seen Muted Ahead Of Festivals (Gold Rates)

Gold priced in yen was holding closing to its highest on record, scaled earlier in the month. BENGALURU/MUMBAI:  Physical gold demand was lacklustre in most…

Continue Reading...
Posted in Business

Restaurant Body Slams Zomato For Extending ‘Gold’ Programme To Delivery

New Delhi:  The National Restaurant Association of India (NRAI) on Saturday slammed Zomato for extending its “Gold” programme on its delivery platform, saying it is…

Continue Reading...
Posted in Business

US Corporate Sector Hails India’s Move To Slash Tax Rate For Companies

Washington:  The US corporate sector has lauded the Indian government for substantially slashing the income tax rate to 25.17 per cent, saying the move will…

Continue Reading...
Posted in Business

Corporate Tax Cut Credit Positive, But Raises Fiscal Risks: Moody’s

Moody’s current India rating is India (Baa2 stable). Corporate tax reduction is credit positive for companies but increases the government’s fiscal risks, global rating agency…

Continue Reading...