GST Council discusses four-tier rate structure
Uploading Date : 18-10-2016The GST Council on Tuesday discussed a four-tier rate structure suggested by the Centre and agreed on compensation to loss-incurring states for the first five years of the new tax regime. The Opposition might voice differences with the proposal..........
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Buy, sell, hold: 5 portfolio booster stocks for investors
Uploading Date : 17-10-2016Here are 5 stocks that you can buy today UltraTech CLSA maintains outperform rating and raised target price to Rs 4425 per share from Rs 3900 per share as Q2 results ahead of estimate............
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Centre proposes 26% peak rate for GST
Uploading Date : 17-10-2016The Centre is likely to propose a four-tier tax structure under the goods and services tax (GST), with a peak slab of 26 per cent. Almost 20-25 per cent of all taxable goods, including those consumed by the middle class, could come under the peak rate...........
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Nifty stuck below 8600, Sensex in green; banks up on Essar deal
Uploading Date : 16-10-2016The market is completely flat though bank heavyweights are leading support. The Sensex is up 46.20 points or 0.2 percent at 27719.80 and the Nifty is down 0.25 points at 8583.15. About 1524 shares have advanced, 812 shares declined, and 137 shares are unchanged.......
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Narendra Modi pushes for greater cooperation within BRICS
Uploading Date : 16-10-2016Prime Minister Narendra Modi on Sunday pushed for greater collaboration among BRICS countries, which also include Brazil, Russia, China and South Africa besides India, as well as members of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) grouping, on the issues of terrorism, economy, trade and connectivity.........
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More RBI rate cuts seen; like home fin cos, realty: CLSA's Wood
Uploading Date : 13-10-2016The RBI’s decision in the credit policy to cut the repo rate by 25 basis points and lower the target for real interest rate suggests that suggests significantly easier monetary policy is coming, according to Chris Wood, author of CLSA’s newsletter GREED & fear........
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Sebi writes to FinMin for shielding staffers
Uploading Date : 13-10-2016The Securities and Exchange Board of India (Sebi) has written to the Union ministry of finance for approval to establish an institutional mechanism to deal with inquiries by external probe agencies, and to provide legal assistance to employees under scrutiny........
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Sensex mirrors changes in economy over 30 years
Uploading Date : 13-10-2016The BSE exchange’s benchmark 30-share Sensitive Index, or Sensex, has mirrored changes in the economy in the past three decades. In this period, total Sensex market capitalisation has zoomed more than 300 times, to Rs 47.8 lakh crore from Rs 14,800 crore..........
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