Govt to ban Ponzi schemes, not regulated deposits like chit funds

The Banning of Unregulated Deposit Ordinance keeps track of illicit deposit schemes that cheats gullible investors but it does not prohibit those regulated by law like chit funds. To... Read more »

Nokia to join hands with Airtel to put the 5G connection for trial

Bharati Airtel has joined forced with Nokia, the Finnish telecom company to conduct a trial for 4G and 5G and enterprises services. This could give a futuristic approach to... Read more »

GST lowers rate cut for real estate, more benefits for home buyers 

The 33rd meeting of the GST Council has seen some tax cuts for the middle class. The GST Council has reduced the rate of tax for under-construction housing to... Read more »

TV consumers opt for a customized channel package or given ‘best fit plan.’

Sector regulator Trai Friday has been told by its players that almost all cable TV consumers have either chose their channel preferences or had moved to ‘best fit plan’... Read more »

Sebi revisits minimum haircut for government securities used as collateral

Sebi on Thursday has altered the minimum haircut for government securities (G-sec) that are used as collateral in the market. In finance, haircut refers to the difference between the... Read more »

Auto sales to quicken pace in second half of next fiscal after a slow  first half, says India Ratings

 India’s overall automobile sales will still show signs of little enthusiasm in the first half of 2019-20, but the upcoming implementation of BS-VI emission norms will drive the demand... Read more »

Nippon Life may acquire further stake in Reliance Nippon AMC

Anil Ambani may soon exit from the mutual fund space by selling of his 42 per cent stake to joint venture partner Nippon Life to reduce debt. The deal... Read more »

Jio and BSNL earn more mobile users in December, Vodafone Idea loses maximum: TRAI

Telecom subscribers in the country have grown marginally to 119.7 crore in December operators, Reliance Jio and state-run BSNL roping in new mobile users, according to a Trai report.... Read more »

GST Council postpones decision on tax on real estate, extends deadlines for sales returns

The GST Council has delayed a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, as some opposition-ruled... Read more »

India needs to implement some serious policy changes for higher growth, says Uday Kotak

At the 10th edition of KIE’s Chasing Growth conference, Uday Kotak focused at chasing growth over the next 10 years, outlining potential 8% GDP growth and a need for... Read more »