Corporate sector reacts to Arun Jaitley's pro-poor Budget
Feb 02, 2018, at 03:26 am
New Delhi, Feb 1 (IBNS): The corporate sector has reacted to the last full budget which was present by Union Finance Minister Arun Jaitley on Thursday.
Volatile throughout on Thursday, the Indian market closes lower on Union Budget day
Feb 02, 2018, at 01:26 am
Mumbai, Feb 1 (IBNS): While Union Finance Minister presented the Central government's Budget 2018-19 on Thursday, the Indian market was marked by volatility, ultimately ending the day on negative note, according to media reports.
Jaitley reiterates elimination of cryptocurrencies but says govt will explore blockchain technology
Feb 01, 2018, at 11:45 pm
New Delhi, Feb 1 (IBNS): While presenting the Union Budget 2018-19 on Thursday, Finance Minister Arun Jaitley said that the government will take all steps to eliminate use of cryptocurrencies, which are being used to fund illegitimate transactions.
Fiscal deficit to be 3.3 per cent of the GDP for the coming fiscal year, says FM Jaitley
Feb 01, 2018, at 09:37 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the General Budget for 2018-19 in Parliament on Thursday, said that this Budget reflects the government’s commitment to substantially boost investment in agriculture, social sector, digital payments, infrastructure and employment generation while simultaneously sticking to the path of fiscal rectitude.
Tata Motors begins 2018 with 43% growth in January
Feb 01, 2018, at 09:29 pm
Kolkata / Mumbai, Feb 1 (IBNS) Tata Motors registered a strong sales performance with its Commercial and Passenger Vehicles domestic sales in January 2018 at 59,441 units as against 41,428 units in January 2017, a growth of 43%.
Incentive for Real Estate sector proposed in Union Budget
Feb 01, 2018, at 09:07 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs, Arun Jaitley, in his latest Budget, has proposed some adjustment in the real estate sector in respect of transactions in immovable property,.
Budget farmer-friendly, development-friencly : Narendra Modi
Feb 01, 2018, at 08:47 pm
New Delhi, Feb 1 (IBNS) : Lauding the Union budget, 2017-18, presented a year ahead of the Lok Sabha polls, Prime Minister Narendra Modi described it as "farmer friendly, common man-friendly, business environment-friendly and development-friendly”.
Country-wide E-assessment to be rolled-out to replace age-old assessment procedure
Feb 01, 2018, at 08:36 pm
New Delhi, Feb 1 (IBNS): In the General Budget 2018-19 presented in Parliament on Thursday, FM Arun Jaitley proposed to amend the Income-tax Act to notify a new scheme for assessment.
FM Jaitley proposes rationalisation of long term capital gains in latest Budget
Feb 01, 2018, at 08:27 pm
New Delhi, Feb 1 (IBNS): Union Finance and Corporate Affairs Minister, Arun Jaitley, in his Union Budget, proposed to tax long term capital gains exceeding rupees one lakh at the rate of 10 per cent without allowing the benefit of any indexation.
Uzbekistan acceded to the Cape Town Convention and Protocol on aviation equipment
Feb 01, 2018, at 08:16 pm
Tashkent, Feb 1 (IBNS): Uzbekistan has acceded to the Cape Town Convention, which is considered to be a leap forward in the field of international aviation law.
Exemption of Interest Income on deposits increased for senior citizens increased to Rs 50,000
Feb 01, 2018, at 08:09 pm
New Delhi, Feb 1 (IBNS): In the Union Budget 2018, FM Arun Jaitley announced several incentives for senior citizens, including raising exemption limit for interest income on deposits.
Union Budget 20818: Standard deduction of Rs 40,000 allowed in lieu of present exemptions
Feb 01, 2018, at 07:57 pm
New Delhi, Feb 1 (IBNS): In the Union Budget 2018, FM Arun Jaitley has proposed to allow a standard deduction of Rs. 40,000 in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses for salaried taxpayers.
Feb 01, 2018, at 07:56 pm
New Delhi, Feb 1 (IBNS) : Union Finance and Corporate Affairs Minister Arun Jaitely, while presenting the General Budget 2018-19 in Parliament on Thursday, said that the Government has initiated the process of strategic disinvestment in 24 CPSEs including strategic privatization of Air India.
Union budget : MSMEs provided Rs. 3794 Crore for Credit Support and Innovation
Feb 01, 2018, at 07:53 pm
New Delhi, Feb 1 (IBNS) : Announcing that a provision of Rs. 3794 crore has been provided in the General Budget 2018-19 for the Medium, Small and Micro Enterprises (MSMEs), Union Minister for Finance and Corporate Affairs Arun Jaitley said on Thursday that this has been done to provide credit support, capital and interest subsidy and innovations to this Sector.
Feb 01, 2018, at 07:16 pm
New Delhi/Mumbai, Feb 1 (IBNS): The Indian market has managed to recover from a sharp fall on Thursday, according to afternoon market reports.
Arun Jaitley presents election-bound budget with a revolutionary healthcare scheme for poor
Feb 01, 2018, at 06:45 pm
New Delhi, Feb 1 (IBNS) Ahead of the election year in 2019, Union Finance Minister Arun Jaitley on Thursday presented a wide-ranging Union Budget that envisages a landmark healthcare scheme for the poor proposing to bring 500 million people under it with an annual hospitalisation limit of up to Rs 5 lakh while keeping the personal income tax limits unchanged.
Feb 01, 2018, at 05:33 pm
Kolkata, Feb 1 (IBNS): West Bengal State Budget 2018 was an exercise in welfare economics with stress on empowering rural Bengal was the opinion shared by the key members of Kolkata-based The Bengal Chamber of Commerce and Industries.
Finance Minister Arun Jaitley begins presenting Union Budget 2018
Feb 01, 2018, at 04:38 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley at around 11 am began presenting the Union Budget on Thursday.
Finance Minister Arun Jaitley to present Union Budget today
Feb 01, 2018, at 03:28 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget at 11 am on Thursday.
Jio says it hasn't launched any JioCoin App
Feb 01, 2018, at 03:45 am
Mumbai, Jan 31 (IBNS): Telecom giant Reliance Jio said on Wednesday that it has not launched any JioCoin App.
L&T's consolidated revenue up by 10 pct
Feb 01, 2018, at 01:13 am
New Delhi, Jan 31 (IBNS): Larsen & Toubro on Wednesday said it has recorded Consolidated Gross Revenue of Rs. 28747 crore for the quarter ended December 31, 2017, registering an increase of 9.4% on a y-o-y basis, with some improvement in execution momentum and growth in services business.
Arun Jaitley to present Union Budget tomorrow, Indian companies hopeful
Feb 01, 2018, at 01:10 am
New Delhi, Jan 31 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget on Thursday even as many Indian companies are hopeful of measures by the finance minister that would boost industry.
New Hayabusa 2018 edition debuts in India
Jan 31, 2018, at 11:24 pm
New Delhi, Jan 31 (IBNS): Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of two-wheeler manufacturer, Suzuki Motor Corporation, Japan, has launched the 2018 edition of Hayabusa – one of its most iconic and widely recognised motorcycles in the world.
Indian benchmark indices close lower on Wednesday
Jan 31, 2018, at 09:51 pm
Mumbai, Jan 31 (IBNS): The Indian market chose to remain cautious on the eve of Union Budget 2018, according to media reports.
Budget expectations: Bengal Chamber wants corporate tax structure reduced to 28 per cent
Jan 31, 2018, at 07:24 pm
Kolkata, Jan 31 (IBNS): The Bengal Chamber of Commerce and Industry, a Kolkata-based chamber of commerce, has put forth its expectations from the Union Budget 2018.
Social networking giant Facebook bans cryptocurrency ads on its platforms
Jan 31, 2018, at 03:26 pm
New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.
Jan 31, 2018, at 12:29 am
Gurugram, Jan 30 (IBNS): SpiceJet Chairman and Managing Director, Ajay Singh on Tuesday received the prestigious CAPA Chairman’s Order of Merit for Excellence in Indian Aviation Award for his contribution towards Indian aviation and the remarkable turnaround and financial performance of SpiceJet at an event in Mumbai.
Tata Motors and ASDC certifies first batch of trainees for skills in automotive assembly
Jan 30, 2018, at 10:50 pm
Pune, Jan 30 (IBNS): As part of a unique initiative to promote “Skill India Mission”, Tata Motors and Automotive Skills Development Council (ASDC) certified the first batch of trainees under their collaborative skills development and certification program.
India trails developed debt markets by miles: ASSOCHAM-Crisil study
Jan 30, 2018, at 10:48 pm
New Delhi, Jan 30 (IBNS): With a meagre 35 per cent and 17 per cent debt market penetration in Government securities (G-secs) and corporate bonds, India is trailing developed economies like the United States of America (USA) where it is 83 per cent and 123 per cent respectively, noted a recent ASSOCHAM-Crisil joint study.
TVS Motor Company’s revenue grows 23.5% and Profit Before Tax grows 23.9% in Q3 of FY 2017-18
Jan 30, 2018, at 10:40 pm
Kolkata / Chennai, Jan 30 (IBNS): TVS Motor Company has reported a revenue growth of 23.5% for the quarter ended December 2017.