By Loknath Das On Friday, September 22nd, 2017
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Asian Shares Fall As North Korea Moots Hydrogen Bomb Test

Tokyo: Asian stocks fell and the Japanese yen and Swiss franc gained on the mooted possibility of North Korea conducting another hydrogen bomb test, this time in the Pacific Ocean. North Korean Foreign Minister More...

By Loknath Das On Friday, September 22nd, 2017
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SBI launches India’s first bond index series at London Stock Exchange

State Bank of India (SBI) on Friday launched India’s first bond index series for overseas investors at the London Stock Exchange (LSE). The FTSE SBI Bond Index Series, launched by India’s largest commercial More...

By Loknath Das On Friday, September 22nd, 2017
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Economy on track despite ‘unsupportive’ global factors: Arun Jaitley

Finance minister Arun Jaitley said on Friday that despite “unsupportive” global factors, the government has broadly put the economy on track. Jaitley has been holding consultations with his Cabinet colleagues More...

By Loknath Das On Thursday, September 21st, 2017
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Arun Jaitley Asks Businesses Not To Wait Till Last Day To File GST Returns

New Delhi: With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley today asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) More...

By Loknath Das On Thursday, September 21st, 2017
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Reliance Industries Hits Record High, Nifty Hovers Around 10,150

Indian shares were little changed on Wednesday, while market heavyweight Reliance Industries Ltd hit a record high as a cut in mobile interconnect fee is seen benefiting the company’s telecom unit. Trai, More...

By Loknath Das On Thursday, September 21st, 2017
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This SBI Account Has No Minimum Balance Charges But Offers Same Interest Rate

SBI in a Twitter post said that its Basic Savings Bank Deposit accounts offer same interest rates as its other savings bank accounts but do not charge any penalty for not maintaining monthly average balance. The More...

By Loknath Das On Tuesday, September 19th, 2017
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Fines From Minimum Balance Defaults To Amount Rs. 2,000 Crore, Says SBI

New Delhi: State Bank of India (SBI) expects to collect Rs. 2,000 crore as penalty on savings bank accounts which have failed to maintain a minimum balance, a sum which may be used to partly cover the costs incurred More...

By Loknath Das On Tuesday, September 19th, 2017
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RBI Likely To Hold Policy Rate Till Fiscal Year-End: Kotak Institutional Equities

New Delhi: The Reserve Bank of India is expected to pause rate cuts for the rest of fiscal year 2017-18 as retail inflation is likely to tread higher towards 4.7 per cent by March, according to a report by brokerage More...

By Loknath Das On Tuesday, September 19th, 2017
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Indian Economy Likely To Become Third Largest By 2028: HSBC

Mumbai: India is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent in reforms and focus more on the social sector, according to British brokerage More...

By Loknath Das On Monday, September 18th, 2017
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No Further Extension In Filing Returns Under GST: Hasmukh Adhia

Bengaluru: Government on Saturday ruled out any further extension in filing of returns under GST after December and advised the taxpayers to file them in advance and not wait for the last day. “We have kept More...