GROSS VALUE ADDED
Government considering specific excise duty on ATF
Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an increase in price of the fuel because of global rate hike translates into an even higher price for airlines as the tax incidence also rises.
Mark Hamill disappointed Zuckerberg values profit more than truthfulness, quits Facebook over dishonest political ads
The legendary actor dec...
Govt to revamp official data for clearer picture of economy
The focus is to capture economic activity more accurately, particularly in the un...
6 of top-10 most valued firms add Rs 62,773 crore in market cap; HUL, RIL show the way
HUL's valuation zoomed by Rs 22,827.94 crore to Rs 4,45,778.10 crore, topping the gainers' chart.
Chalet Hotels inks pact to acquire Belaire Hotels for enterprise value of Rs 290 crore
The completion of the transaction is subject to fulfillment of certain conditions precedent as agreed in the SPA, Chalet Hotels said in a filing to the BSE. The Novotel hotel is operated by AAPC India Hotel Management Pvt Ltd (part of Accor Group) under a management agreement, it added.
Maharashtra Energy Regulatory Commission withdraws compulsory gross metering for solar power
The measure was one of the alleged provisions in the draft regulations that did not find any place in the final regulations declared by the regulatory body
Apparel, made-ups exports get 1% ad hoc sop
The textile ministry has announced a special one-time additional ad hoc incentive of up to 1% of free on board (FoB) value for exports of apparel and made-ups.
Goddess Lakshmi on currency notes can improve Rupee value: Subramanian Swamy
While answering a question about an image of God Ganesha on the Indonesian currency, the BJP leader said, "I am in favour of placing the image of goddess Lakshmi on Rs 10,000 currency notes. Lord Ganesha removes obstacles. Indonesia has also recovered from the crisis by placing the idol of Ganesha on its currency notes."
Which company just hit $1 trillion? Google it
Alphabet joins the select few US companies to hit $1 trillion in market value.
HDFC Bank launches service for religious bodies, societies and clubs
The institutions will get a customised mobile application powered by the lender through which users will be able to pay donations, settle utility bills and make other payments.
Stagflation threat looms for former world-beating economy India
At the heart of India’s problems is a slump in consumption following a combination of policy missteps.
Vodafone Idea tweaks rights issue objective after 2-year spectrum payment moratorium
Vodafone Idea needs to pay over Rs 53,000 crore in license fee, spectrum usage charge (SUC), interest and penalties – dues linked to its AGR - by January 23, as per a Supreme Court order.
GST returns not filed? The taxman can freeze your bank account
The CBIC, in a three-page SOP issued on Tuesday has decided to go strong against "defaulters".
Slowdown in economy structural; sectors like realty need a boost
market participants present in the conclave agreed that the slowdown is real and it’s structural.
Sensex jumps 635 points, Nifty tops 12,200: Top factors behind market rally
Investors are also hopeful of a better quarterly earnings from India Inc this time.
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