GST: Valid transitional credit claims just Rs 12,000 crore,says government

As much as Rs 65,000 crore out of the about Rs 95,000 crore tax collections in July had been claimed as transitional credit by taxpayers, but a close scrutiny has brought down the valid claims to Rs 12,000 crore.
Money Control, 1 hour(s) ago
Also from: DNA, Money Control and 7 other sources

Stimulus package should focus on raising capex: C Rangarajan

On demonetisation, he said adequate preparation by the central bank could have reduced the pain which people had to undergo on account of ban on high value notes last November.
Money Control, 2 hour(s) ago
Also from: SME Times, Business Standard and 1 other source

Improving banking system encouraging private sector investment key: FM Arun Jaitley

The government will take steps to find adequate resources to support debt-laden banks in order to help them participate in India#39;s economic growth, said Finance Minister Arun Jaitley at a meeting of bankers on Friday.
Money Control, 2 hour(s) ago
Also from: Sify

Can Arun Jaitley drive Indian economy?

Finance Minister Arun Jaitley faces conflicting signs as he tries to revive India's economy. On the one hand, economic growth has been slowing for five quarters, weighed down in part by demonetization and a new nationwide sales tax. On the other, some ...
MSN India, 3 hour(s) ago
Also from: DNA, Money Control and 4 other sources

Sebi lifts trading ban on 244 entities accused of evading tax via stocks

It said that they did not find any adverse evidence against the companies
Business Standard, 5 hour(s) ago
Also from: Deccan Herald, Money Control

Sensex tanks 448 points on global sell-off, falling rupee

The Nifty too ended lower by 121 points, or 1.19 per cent. Stocks ended the week on a distinctly bearish note after the Sensex tanked 447 points -- the biggest fall in over nine months -- and the Nifty ended below the 10,000 level today as renewed geopolitical worries about North Korea rattled investors. The rupee hit near six-month low against the dollar in day trade which dampened the sentiment further.   The rupee fell to 65.15 per dollar (intra-day), its weakest level since April 5, ...
Rediff.com, 5 hour(s) ago
Also from: Business Standard, Myiris and 2 other sources

India calls for 'complete elimination' of poverty

India on Thursday urged the international community to work for complete elimination of poverty as part of the UN's 2030-deadlined Sustained Developments Goals. "Complete elimination of poverty is the foremost objective of the implementation of Sustainable ...
SME Times, 7 hour(s) ago
Also from: The Financial Chronicle, Prokerala and 2 other sources

Indian rupee bounces back from 6-month low after RBI intervenes

After falling to an intraday low of 65.16 on Friday, the Indian rupee recouped most of its losses and, at 13:47 IST, was trading at 64.83 to the dollar, 3 paise weaker than its previous close.
Money Control, 7 hour(s) ago
Also from: The Financial Chronicle, MSN India

NDTV stock locked in upper circuit after report says Ajay Singh buys majority stake in media firm

The NDTV stock on Friday hit the upper circuit of 53.10 after a media report said that SpiceJet owner Ajay Singh has bought majority stake in the news channel. The stock, which closed at 50.60 level yesterday, started off by hitting the upper circuit today.
Money Today, 7 hour(s) ago
Also from: MSN India

Reliance Home Finance lists shares on BSE and NSE

lists its Equity Shares at the National Stock Exchange of India (NSE) and BSE. The announcement was made at an impressive listing ceremony fittingly held at NSE. The event began by lighting of the ceremonial lamp by the hands of Mrs.Tina Ambani. Other key ...
Myiris, 10 hour(s) ago
Also from: Money Today, Business Standard and 2 other sources