News Room

India's 2016 gold demand likely to fall to 7-year low thanks to smuggling

Uploading Date : 08-11-2016

India's gold demand could fall as much as 24 percent in 2016 to the lowest level in seven years due to higher prices and increased smuggling as the government seeks to bring transparency to bullion purchases, the World Gold Council (WGC) said.............

See full article

Ratan Tata is running out of time to restore his family empire

Uploading Date : 08-11-2016

It is, said a bewildered employee of India’s biggest company, very "un-Tata-like." The dynastic business that built a reputation over more than a century for discretion, integrity and fair-dealing has sunk into a public spat of allegations and name-calling. Its directors trade barbs. Its share price is tumbling. And on Friday, executives were jostled in the street while security staff engaged in an unseemly brawl outside Bombay House, the group’s revered headquarters....

See full article

India's 2016 gold demand likely to fall to 7-year low thanks to smuggling

Uploading Date : 08-11-2016

India's gold demand could fall as much as 24 percent in 2016 to the lowest level in seven years due to higher prices and increased smuggling as the government seeks to bring transparency to bullion purchases, the World Gold Council (WGC) said.............

See full article

Boardroom battle frightens FIIs; Mistry wanted to double dividends to Tata Sons: Latest developments

Uploading Date : 06-11-2016

Amid on-going boardroom battle at Tata Group, Finance Ministry has asked financial institutions including LIC and banks to keep a watch on developments to safeguard the interest of investors. Meanwhile, there have been other major developments over the weekend too. Here's a recap of what you may have missed: ........

See full article

British PM Theresa May pitches for free trade with India

Uploading Date : 06-11-2016

British Prime Minister Theresa May made a strong pitch on Monday for easier global trade and investment, setting the stage for a separate Indo-UK free trade pact, distinct from the one India is negotiating with the European Union (EU).......

See full article

GST will come on time, but multiple rates will dilute benefits

Uploading Date : 04-11-2016

India moved a step closer to creating a national sales tax but a deal on rates reached on Thursday will hit some businesses harder than others, while its complexity will dilute any boost to growth and undermine its reliability as a revenue generator............

See full article

Centre, states divided on who will control GST

Uploading Date : 04-11-2016

A day after reaching a consensus on tax rates, the GST Council on Friday failed to arrive at an agreement over the crucial issue of administrative control over assessees under the new indirect tax regime......

See full article

Industry welcomes new GST rates; Aam aadmi's grocery bill may not rise

Uploading Date : 03-11-2016

NEW DELHI: India finalised a four-tier Goods and Services Tax (GST) structure – ranging from 5% to 28% – taking a significant step towards implementing the biggest reform of indirect taxes, which the government hopes will shield the common man from price shocks........

See full article