BJP promises to simplify GST and make India a $5 trillion economy by 2025

The BJP’s manifesto promises a lot for the Indian economy and business. The BJP has new things on its agenda now. It has said it would simplify GST and... Read more »

Vijay Mallya’s appeal against extradition denied by UK High Court

A UK High Court judge has denied former liquor tycoon Vijay Mallya permission to appeal against his extradition order to India, with alleged fraud and money laundering charges amounting... Read more »

Lakshmi Vijaya Bank to merge with Indiabulls Housing Finance, RBI yet to give an approval

Lakshmi Vilas Bank-Indiabulls Housing Finance merger has been approved by Board.  The proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance will create a much stronger entity. The... Read more »

India shares a list of 380 products with China to bridge trade gaps in exports

India has shared a list of 380 products including horticulture, textiles, chemicals and pharmaceuticals with China as their shipments hold huge export potential in the neighbouring country, an official... Read more »

Fitch Ratings gives India a ‘BBB-‘ with stable outlook

Global rating agency Fitch Ratings on Thursday kept India’s sovereign rating unchanged at the lowest investment grade of ‘BBB-’ with a stable outlook. This is the 13th year in... Read more »

RBI cuts rate for second time in a row

The Monetary Policy Committee (MPC) held its first bi-monthly policy statement meeting today. The meeting discussed various current and impending macroeconomics situations. The committee decided to reduce the policy repo rate... Read more »

SC repeals RBI’s 12 February circular, defaulters will now brought to NCLT on case by case basis

  The Supreme Court (SC) on Tuesday repealed the RBI’s 12 February circular, which laid down rules for recognising one-day defaults by large corporates and initiating insolvency action as... Read more »

Government extends deadline for linking PAN with Aadhaar till September 30

Last year, the government announced that the PAN has to be linked with the biometric ID by March 31. As per an official statement, the government on Sunday extended... Read more »

RBI likely to go for 25 bps rate cut on April 4

The Reserve Bank of India (RBI) is looking to cut key lending rates by another 25 basis points on Thursday to boost economic activities amid fears of global slowdown... Read more »

Rahul Gandhi vows to remove angel tax for start-ups if Congress comes to power

Congress President Rahul Gandhi on Thursday said new ventures will not require any regulatory permissions for three years and will get easy access to bank credit if his party... Read more »