EconomyLoop
where regional business news becomes global to everyone

Govt to kick off new energy exploration round on July 1

The NDR will offer 160 terabytes of data on India's 26 sedimentary basins... read more

 Business Standard1 hour ago

     
Several US CEOs committed to invest in India, says USIBC

India is not just about investment, it's about being good to rest of world itself, says Mukesh Aghi... read more

 Business Standard1 hour ago
RIL to seek shareholders' approval to raise Rs 25,000 crore

Reliance Industries on Monday said that it will seek shareholder`s approval to issue redeemable non-convertible debentures on private placement basis to raise Rs 25,000 crore.... read more

 Zee India News1 hour ago
Better data needed on job scenario

It's essential for India to have a 21st-century labour market assessment system for analysing trends... read more

 Business Standard1 hour ago
Walmart to benefit from GST, says India CEO Krish Iyer

Walmart has proposed to open 50 more Cash and Carry stores over the next four to five years... read more

 Business Standard1 hour ago
Ex-JLL head Puri unveils realty fund

Anuj Puri, former chairman and country head of JLL India, has unveiled a real estate investment and fund platform, which will invest ?300 crore in residential projects in India. He has also re-branded... read more

 The Hindu1 hour ago
‘60% haircut needed on 12 largest NPAs’

The strong steps taken by the Reserve Bank of India to resolve NPAs are likely to raise provisioning by a whopping 25% this year as lenders will take a hair cut of up to 60% while resolving these acco... read more

 The Hindu1 hour ago
RBS to cut 443 jobs, to move many to India

Customer contact roles to stay in U.K.... read more

 The Hindu1 hour ago
‘1,000 firms borrow ?1 tn less as loan growth at record low’

A third of contraction in FY17 led by 10 firms: SBI Research... read more

 The Hindu2 hours ago
Walmart to benefit from GST in India

During the course of the meeting with Modi, McMillion reiterated Walmart's commitment to expand its operations and investment in India.... read more

 Zee India News2 hours ago
?7,000 cr. locked in DMF date duel

Feud over mining taxes as to whether rules apply from notification date or not... read more

 The Hindu2 hours ago
E-tailers get GST relief, date for TDS deferred

Extension follows industry’s feedback, says Ministry... read more

 The Hindu2 hours ago
GST Network open for registrations

The Goods and Services Tax Network (GSTN) portal has begun accepting registration requests from businesses that are yet to enrol themselves on the network that will serve as the back-end for the Goods... read more

 The Hindu2 hours ago
Financial year change: Narendra Modi government may break historic 150-year old tradition from 2018; also likely to shift Budget to November

With Prime Minister Narendra Modi pitching for change, the financial year in India from 2018 could well start from January instead of the current April. The post Financial year change: Narendra Modi government may break historic 150-year old traditi... read more

 Financial Express2 hours ago
Airbag maker Takata files for bankruptcy

China’s Key Safety Systems to acquire viable parts of Japanese major for $1.6 bn... read more

 The Hindu2 hours ago
Lupin chief Gupta dead

Lupin Ltd. founder and chairman Desh Bandhu Gupta passed away early Monday morning in Mumbai. He was 79 and had been active in office till his last day, the company said. Dr. Gupta founded Lupin in 1... read more

 The Hindu2 hours ago
Task force formed on aviation

USIBC panel aims to help strengthen sectoral Indo-U.S. ties... read more

 The Hindu2 hours ago
Chennai Angels invests in SparesHub owner Iradium

Online spare parts marketplace to strengthen tech platform... read more

 The Hindu2 hours ago
Biological E in vaccine tie-up with Takeda

BE to get bulk production technology... read more

 The Hindu3 hours ago
HPCL joins talks for Russian oilfields

ONGC Videsh-led consortium is negotiating acquisition of a stake in Rosneft’s Arctic Vankor Cluster... read more

 The Hindu3 hours ago
Farmer bodies unite for protest March to mark one month of Mandsaur firing

Representatives from almost 200 small and big farmers' organisations have decided to organize a march from Mandsaur - the place where five farmers were killed in police firing earlier this month-on July 6.The march which will be held to commemorate o... read more

 Business Standard3 hours ago
Govt may reopen HAL, Begumpet airports

Slots, parking bays unavailable at major airports... read more

 Business Standard3 hours ago
Odisha weighs legal option to auction Niyamgiri mine

Sequel to SC's refusal last year to reopen tribal sabhas' rejection of state mining corporation plan... read more

 Business Standard3 hours ago
DIPAM plans to mop-up Rs 25,000 cr in April-Sept

Merchant bankers are already said to have been appointed for IRCTC, IRCON and IRFC... read more

 Business Standard3 hours ago
Financial year may be changed from 2018; Budget in Nov?

Acc to proposal under discussion, Budget session of Parliament would have to be held well before Dec... read more

 Business Standard3 hours ago
Amazon, Flipkart get breather as govt puts tax collected at source on hold

The government has given relief to e-commerce majors such as Amazon, Flipkart and Snapdeal, putting on hold a provision to deduct a one per cent tax collected at source (TCS).It also gave more time for small entities selling on an e-commerce marketpl... read more

 Business Standard3 hours ago
Govt's move to defer TCS under GST will help sellers: Amazon

E-commerce players like Flipkart, Amazon and Snapdeal were to deduct 1 per cent TCS (tax collected at source) while making payments to suppliers under the GST that rolls out from July 1.... read more

 Zee India News4 hours ago
Jewellers try to push old stock before GST

---Pointer box not needed for a story of this size ------With only a few days more for implementation of the Goods and Services Tax (GST), jewellers have intensified their efforts to replenish inventory by offering discounts on making charges for or... read more

 Business Standard4 hours ago
GST is a bonanza for corporates, says Kerala Finance Minister Thomas Issac

GST may result in a windfall gain for corporates in the country instead of consumers getting the benefit, Kerala Finance Minister Thomas Issac claimed here today. The post GST is a bonanza for corporates, says Kerala Finance Minister Thomas Issac a... read more

 Financial Express4 hours ago
CAs, bankers in a rush to pass insolvency exam

Test on lines of IIT-JEE... read more

 Business Standard4 hours ago
Housing rentals to decline by 10-20% in IT hubs

Industry body Assocham said owing to the pressure on hiring and annual pay rise for employees, house owners in Bengaluru, often called India's Silicon Valley, seem to have done a reality check and are accordingly slashing the rentals.... read more

 Zee India News5 hours ago
Monsoon may reach Delhi in next 3-4 days; cover most parts of North India

The southwest monsoon which reached the country on May 30 well within its normal onset date... read more

 Business Standard5 hours ago
20 years of Harry Potter: what it means to those who grew up with it

Even after two decades, it resonates in the minds of those who first discovered it as 11-year-olds... read more

 Business Standard5 hours ago
Centre, states will pay GST Network costs

Filing a tax return on the Goods and Services Tax Network (GSTN) portal by an entity will cost Rs 55 a month but the state will bear this burden.The user charge for all eight million taxpayers will be borne by the Union and the state governments, to ... read more

 Business Standard5 hours ago
RIL seeks shareholders nod to raise Rs 25,000 crore via debentures

According to the statement, the company will offer or invite subscriptions for secured/unsecured redeemable non- convertible debentures, in one or more series / tranches, of an aggregate nominal value up to Rs 25,000 crore on private placement.... read more

 Zee India News5 hours ago
Global Markets - Italy bank deal boosts Europe shares, dollar edges up

Italian 10-year government bond yields fell 4 basis points to 1.88 percent, narrowing the gap over benchmark German equivalents to 164 bps.... read more

 Zee India News5 hours ago
Raghuram Rajan was offered deputy governor's post in RBI by Reddy

Eminent economist Raghuram Rajan was initially offered the job of deputy governor in the Reserve Bank of India which he did not accept, and a decade later he joined the central bank as a governor.... read more

 Zee India News5 hours ago
Finance Ministry for extending RBI deadline on Basel III norms

The finance ministry has made a case for pushing back the Reserve Bank's deadline for implementing Basel III banking norms in view of higher capital requirement to deal with bad loans which have reached unacceptable levels.... read more

 Zee India News5 hours ago
Finmin wants Basel III deadline extended to help banks clean up books

Six of 21 PSU banks under corrective action, need higher capital to improve poor financial health... read more

 Business Standard5 hours ago
Implement GST from July 1 in J&K: Arun Jaitley asks CM Mehbooba Mufti

Failure to implement will put local industry at a disadvantage... read more

 Business Standard5 hours ago
Study India's GST implementation: Modi to US business schools

Modi told them that his government was working on principles such as Minimum Government, Maximum Governance.... read more

 Zee India News6 hours ago
India does not need too many govt banks; consolidation the right move

State-run banks will reduce in number but get healthier to stand up to competition from global banks... read more

 Business Standard6 hours ago
Logic of Indo-US strategic relations 'incontrovertible,' claims PM Modi

Modi said that the two-way trade, which already totals about $115 billion a year... read more

 Business Standard6 hours ago
Wage Code, factories bill to be pushed in monsoon session

The Code on Wages Bill has already been approved by the ministerial panel, and will soon be placed for the Union Cabinet nod.... read more

 Zee India News6 hours ago
EU to slap Google with record fine this week: Sources

The EU`s powerful anti-trust regulator will slap Google with a record fine as early as Tuesday in another European blow against a US tech giant, sources said.... read more

 Zee India News7 hours ago
All-new 7 seater Honda CR-V diesel to be launched in India next year

Honda has worked hard to plug in the loopholes in the CR-V’s packaging with the all-new fifth-gen model for developing markets like India!... read more

 Zee India News7 hours ago
28% GST levy; fireworks units to begin indefinite stir on Jun 30

Fireworks units in the state would participate in the indefinite strike.... read more

 Zee India News7 hours ago
Banks may have to take 60% haircut on 12 largest NPAs: Crisil

The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning by a whopping 25 per cent this year as lenders will take up to 60 percent hair cut while resolving these accounts.... read more

 Zee India News7 hours ago
Vedanta's dream has just begun; to invest $6-7 billion

Vedanta Ltd had reported a consolidated net profit of Rs 2,988 crore for the quarter ended March 2017.... read more

 Zee India News7 hours ago
Tata Trusts takes digital route for philanthropy

Be it efforts to empower rural women, break gender barrier in access to Internet in villages or address gaps in learning levels of students of government schools, Tata Trusts is now banking on digital ecosystem to scale up, enhance efficiency and red... read more

 Zee India News7 hours ago