Bank Deposits Safe,” PM Modi assured nation


 NEW DELHI : Prime Minister Narendra Modi has assured people that their bank deposits will be safe and that their interests will not be harmed in any way, amid worries over what is being called a “bail-in” provision in a new proposed banking law. PM Modi described them as rumors and asserted that the proposed Financial Resolution and Deposit More...

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By On Thursday, November 30th, 2017

FM Arun Jaitley predicts stable 7-8% GDP growth

NEW DELHI : Finance Minister Arun Jaitley on Thursday said that by keeping the current account deficit under control, India had kept a stable momentum by trudging on a 7-8 per cent growth trajectory. He assured More...

By On Friday, November 10th, 2017

New GST Changes: 50 items retained in the 28% rate slab.28% ,Tax Cut on 177 Items

GUWAHATI : GST Council is mulling keeping only 50 items in the 28% tax slab,  At present, the bracket includes more than 200 items. The Rate Fitment committee had proposed keeping 68 items in the bracket. Pruning More...

By RAJEEV RANJAN NAG On Thursday, November 9th, 2017

GST meet: Tax on 80% items of top rate slab likely to be slashed

NEW DELHI :The two-day Goods & Services Tax (GST) Council meeting will begin Thursday in Guwahati. Expectations are rife that the government will cut rates on over 180 items. Even Finance Minister Arun Jaitley More...

By On Wednesday, November 8th, 2017

Air India trolls IndiGo video, promises ‘unbeatable’ service

NEW DELHI : With IndiGo facing massive criticism over the assault incident, its rival Air India on Wednesday took a dig at the country’s leading private carrier. The national carrier released an advertisements More...

By RAJEEV RANJAN NAG On Wednesday, November 8th, 2017

Budget airline, IndiGo ground staff beat a passenger on tarmac

NEW DELHI : A shocking video of an IndiGo staffer manhandling a passenger surfaced on the tarmac at Delhi airport has come to light. In the video, the passenger, identified as Rajeev Katiyal, is first seen being More...

By On Tuesday, November 7th, 2017

Demonetisation was a black day for India’s economy and democracy Says Ex PM Dr Mamnmohan Singh

AHMEDABAD: On the eve of first anniversary of demonetisation, former Prime Minister Manmohan Singh on Tuesday said the note ban exercise and Goods and Services Tax (GST) were “badly designed and hastily implemented.” Calling More...

By On Friday, November 3rd, 2017

Govt. will not take any coercive action against those who couldn’t deposit old notes: Center tells SC

NEW DELHI : The government on Friday assured in the Supreme Court that it will not take any criminal action for possessing demonetised notes beyond December 31, 2016 against those who have approached the apex court. These More...

By On Tuesday, October 31st, 2017

“The robust rise in India’s rankings from 130 to 100 : World Bank

NEW DELHI : India has moved up 30 places in the latest ease of doing business ranking by the World Bank, as per in its Doing Business 2018 report, which was released on Tuesday. The report ranks India at 100 among More...

By On Sunday, October 29th, 2017

Demonetization anniversary: RBI says still verifying returned old notes

NEW DELHI : Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks are still being “processed in all earnest” through a sophisticated currency More...