TheNewsClues
Clues by Admin • 1 Aug 2018, Wednesday
The monetary policy committee (MPC) of the RBI, in its third bi-monthly monetary policy review of 2018-19 on Wednesday, raised repo rates by 25 basis points to 6.5%. The MPC cited inflationary pressures arising due to hike in minimum support price (MSP) ... Continue Reading
Read More at Livemint
Clues by Admin • 1 Aug 2018, Wednesday
The GST Council has finally accepted the ‘transaction value’ for determination of applicable tax rate for hotel tariffs instead of the declared tariff. Use of ‘declared tariff’ for determination of tax rate meant that customers had ... Continue Reading
Read More at The Economic Times
Clues by Admin • 1 Aug 2018, Wednesday
Sales of Maruti Suzuki India Ltd. declined for the first time in 19 months in July on weak demand for its Alto and WagonR models. The country’s largest automaker sold 1.64 lakh units last month, a decline of 0.6% from the ... Continue Reading
Read More at Bloomberg Quint
Clues by Admin • 1 Aug 2018, Wednesday
The government is working on the new draft e-commerce national policy which may look to curb the steep discounts offered by online e-tailers such as Flipkart and Amazon.  Currently, many online e-commerce portals are offering massive amounts of discount ... Continue Reading
Read More at Times Now
Clues by Admin • 1 Aug 2018, Wednesday
The GST collection for the month of July touched Rs 96,483 crore, slightly higher than Rs 95,610 crore collected for the month of June.  GST collection for the month of July is higher than the average collection of Rs 89,885 crore for ... Continue Reading
Read More at The Economic Times
Clues by Admin • 1 Aug 2018, Wednesday
The government on Tuesday sought the approval of parliament to inject Rs 980 crore in ailing national carrier Air India during the current financial year, after attempts to find a buyer for its 76% stake in the airline failed to take off. ... Continue Reading
Read More at Business Today
Clues by Admin • 1 Aug 2018, Wednesday
The Lok Sabha on Tuesday passed amendments to the Insolvency and Bankruptcy Code to provide relief to homebuyers and the MSME sector. The Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 aims at giving relief to the homebuyers by recognising them ... Continue Reading
Read More at Business Today
Clues by Admin • 1 Aug 2018, Wednesday
ICICI Bank Ltd is in the process of responding to the showcause notice issued by markets regulator SEBI over disclosure of information in the matter of alleged conflict of interest while granting of loans to the Videocon group, the lender ... Continue Reading
Read More at Livemint
Clues by Admin • 1 Aug 2018, Wednesday
Kolkata-based Bandhan Bank Ltd on Wednesday became the seventh most valued listed lender, beating Yes Bank. Data from BSE showed that Bandhan Bank has a market capitalization of Rs 84,325.35 crore, after its shares moved 1% higher on BSE to record high ... Continue Reading
Read More at Livemint
Clues by Admin • 1 Aug 2018, Wednesday
India’s largest e-commerce firm Flipkart will in August make a renewed attempt at a customer loyalty programme as it seeks to challenge Amazon’s subscription service Prime that has become popular with customers. Flipkart Plus, which will ... Continue Reading
Read More at Livemint
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