Pave way for domestic participation on corporate bond market: ASSOCHAM study to SEBI, RBI
New Delhi, June 30 (IBNS): Market regulator Securities and Exchange Board of India (SEBI) should pave way for more domestic participation in the Indian debt market which may witness less of foreign investors' interest, following hike in rates by the US Federal Reserve, according to an ASSOCHAM Study on Bond Market.
GST on fertilizer reduced from 12pct to 5 pct, says govt
New Delhi, June 30 (IBNS): In a major decision, the government on Friday decided to reduce fertilizers from 12% to 5% & on exclusive parts of tractors from 28% to 18%.
Yes Bank launches ‘YES GST’ program to assist MSMEs become GST-Ready
Mumbai, June 30 (IBNS): Yes Bank along with YES Global Institute has launched ‘YES GST’ program for MSMEs under its MSME CSR initiative, ‘Say YES to Sustainable MSMEs in India’.
GST rollout heralds dawn of cooperative federalism: Dr Jitendra Singh
New Delhi, June 30 (IBNS): Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that GST midnight rollout heralds the dawn of cooperative federalism, at an interactive programme of Healthcare Leaders’ here on Friday.
Dena Bank reduces Marginal Cost Based Lending Rate
Mumbai, June 30 (IBNS): Dena Bank, India’s trusted family bank has reduced Marginal Cost Based Lending Rate (MCLR) by 5 basis points for 3months, 6 months & 1 year tenors from July 1.
GST is a transformational structural reform which will have multiple benefits: Kochhar
New Delhi, June 30 (IBNS): Chanda Kochhar, MD and CEO, ICICI Bank on Friday said implementation of GST will have multiple benefits.
Mumbai, Jun 30 (IBNS): While the nation eagerly waits for the unrolling of the GST at the stroke of midnight on Friday, the Indian market ended higher, with the BSE Sensex up 64.09 points at 30921.61 and the NSE Nifty up 16.80 points at 9520.90.
ICICI Bank authorised to collect GST
Mumbai, June 30 (IBNS): ICICI Bank, India’s largest private sector bank by consolidated assets, today announced that it has been authorised by the Ministry of Finance to collect Goods and Service Tax (GST).
GST will create a single national market says KPMG Chairman Arun Kumar
Kolkata, Jun 30 (IBNS): GST is a historic tax reform, which will create a single national market by replacing multiple indirect taxes levied at different levels, said Arun Kumar – Chairman and CEO at KPMG in India, on Friday.
GST roll out: Looking back at how it all happened
New Delhi, Jun 30 (IBNS): The Union Finance Ministry on Friday called the GST roll out a complete transformation of the Indiret Tax landscape and gave details of how it happened.
Mumbai, June 29 (IBNS): Yes Bank has been adjudged as the 'Best Trade Finance Bank in India' at The Asian Banker Transaction Banking Awards 2017.
Jio launches new submarine cable system
Mumbai, June 29 (IBNS): Reliance Jio Infocomm Ltd. (Jio) has announced the launch of the Asia-Africa-Europe (AAE-1) submarine cable system.
Job loss stares at 1700 as 43 Delhi outlets of McDonald's shut down
New Delhi, June 29 (IBNS): Largescale job loss stares at 1700 odd people in the national capital with the report of 43 outlets of McDonald's in Delhi shutting down owing to a feud between Connaught Plaza Restaurants Pvt. Ltd (CPRL) and the global burger and fast food restaurant chain, said media reports.
Payback partners with Archies to expand its reach in gifting space
New Delhi, June 28 (IBNS): Payback, a multi-brand loyalty program, announced its partnership with Archies, the all-time popular gifting brand in the country to expand its offerings into gifting category.
Whirlpool ropes in chef Kunal Kapur for endorsing its built-in appliances
Kolkata, June 29 (IBNS): Whirlpool of India, a subsidiary of Whirlpool Corporation and home appliance company, has signed on Chef Patron Kunal Kapur for endorsing their built-in appliances.