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Modi govt's reservation for poor constitutionally valid: Supreme Court | Modi govt's reservation for poor constitutionally valid: Supreme Court | Counting of votes in seven assembly seats across six states underway, BJP leads in four | Twitter founder Jack Dorsey apologises to employees after mass lay off | Eknath Shinde visits Sharad Pawar in hospital | 'Had clear-cut objective to harm Hindus': Court on ex-AAP councillor's role in 2020 Delhi riots | Doctor booked for rash driving in Cyrus Mistry car accident case | BJP and Congress have husband-wife relationship: Arvind Kejriwal accuses ahead of Gujarat polls | 'Where are 16 cr jobs?' Congress chief Kharge asks PM Modi | Unfortunately there is no choice, tweets Elon Musk as he defends layoff

GST Return filing Procedure

Feb 22, 2018, at 06:21 pm

With the introduction of Goods & Service Tax, taxpayers are now required to fulfill a set of compliances which mandates them to file multiple returns for each Financial Year. Some of these are monthly requirements where details regarding invoices raised as well as received has to be filed with the GSTN. And as an repository of data for the taxpayers GSTN will make sure that all these information could be accessed whenever required in future. Helping you with a better understanding of the procedure of GST return filing, let us start with the basic comprehension of the concepts pertaining to the newly rolled out Indirect tax of Goods & Service Tax.

Essar Oilfields awarded drilling contract by GAIL

Feb 22, 2018, at 05:18 pm

Mumbai, Feb 22 (IBNS): Essar Oilfields Services India Limited (EOSIL) on Wednesday announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin.

Indian Origin BLS International inaugurates its Spain Visa Application Centre in Algeria

Feb 21, 2018, at 11:57 pm

Kolkata / New Delhi, Feb 21 (IBNS): The Spain Visa Application Centre was formally inaugurated in El-Biar – Algiers, by the Ambassador of Spain in Algeria and senior officials from BLS International Services Ltd., on 08th February, 2018. Today, the company is operating 124 Spain visa application centres in 49 countries and this is the 2nd centre launched in Algeria.

Select heavyweight stocks boost Indian benchmark indices on Wednesday

Feb 21, 2018, at 10:48 pm

Mumbai, Feb 21 (IBNS): Indian benchmark indices ended higher on Wednesday with Sensex up by 141.27 points at 33844.86 and NSE Nifty up 37.10 points at 10397.50.

Two-day UP Investors Summit attracts investments worth Rs 88,000 crore during inaugural session

Feb 21, 2018, at 10:08 pm

Lucknow, Feb 21 (IBNS): Leading industrial houses of India have pledged investment worth Rs 88,000 crore during the inaugural session of the UP Investors Summit 2018, which was inaugurated by Prime Minister Narendra Modi on Wednesday, in Lucknow, accoding to media reports.

Mukesh Amabani announces to create one lakh job opportunities in Uttar Pradesh in next three years

Feb 21, 2018, at 09:33 pm

Lucknow, Feb 21 (IBNS): Giving positive news to the people of Uttar Pradesh,  Reliance Industries Chairman Mukesh Ambani on Wednesday announced his company will create more than one lakh job opportunities in the next three years in the north Indian state.

Union government opens up commercial coal mining for private sector, will enhance efficiency says coal minister

Feb 21, 2018, at 07:15 pm

New Delhi, Feb 21 (IBNS): The Union government has opened up commercial coal mining for the private sector following the approval given to this coal sector reform by the Cabinet Committee on Economic Affairs, according to media reports.

Govt gave authority to bank to work with autonomy but with accountability: Jaitley on PNB scam

Feb 21, 2018, at 01:55 am

New Delhi, Feb 20 (IBNS): Reacting to the Punjab National Bank (PNB) scam, Union Finance Minister Arun Jaitley on Tuesday said the government has given authority to banks managements to work with autonomy but with greater accountability.

Cabinet approves New Bill to ban Unregulated Deposit Schemes and Chit Funds (Amendment) Bill, 2018

Feb 21, 2018, at 01:29 am

New Delhi, Feb 20 (IBNS): In a major policy initiative to protect the savings of the investors, Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to introduce the following bills in the Parliament:-

Emirates Skywards clinches ‘Excellence in Management’ award at Loyalty Awards 2018

Feb 21, 2018, at 12:30 am

Kolkata, Feb 20 (IBNS):  Emirates Skywards, the loyalty programme of Emirates airline, has clinched the award for ‘Excellence in Management’ at the 10th annual Loyalty Awards 2018 organised by FlightGlobal and Global Flight and held in Bangkok on Feb 6.

Vodafone commences trials of the world's first IoT drone tracking and safety technology

Feb 21, 2018, at 12:11 am

New Delhi, Feb 20 (IBNS): Telecommunication giant Vodafone on Tuesday said announced the commencement of trials of the world’s first air traffic control drone tracking and safety technology.

Book Review: A Simple Guide To Banking

Feb 20, 2018, at 11:08 pm

In the book 'A Simple Guide To Banking', Divesh Mishra covers topics related to banking, such as banks, accounting, roles of bank, role of money, importance of people etc.

BSNL unveils new unlimited voice calling recharges at Rs. 99 and Rs. 319

Feb 20, 2018, at 11:03 pm

New Delhi, Feb 20 (IBNS): BSNL unveiled a new special tariff voucher (STV) on Tuesday at Rs. 99 for its prepaid mobile customers that gives unlimited voice calling (local/ STD), national roaming (except in Delhi, Mumbai), with a validity of 26 days. 

Indian benchmark indices closed lower on Tuesday

Feb 20, 2018, at 10:30 pm

Mumbai, Feb 20 (IBNS): Indian benchmark indices ended lower on Tuesday, erasing gains towards the end of day, largely due to weak global cues and a weak rupee, according to media reports.

Airtel and HMD Global partner to offer affordable 4G smartphones

Feb 19, 2018, at 11:39 pm

Kolkata, Feb 19 (IBNS): Bharti Airtel, India’s largest telecommunications services provider, and HMD Global today announced a partnership to offer affordable 4G smartphone options to customers as part of Airtel’s ‘Mera Pehla Smartphone’ initiative.  

Indian benchmark indices end negative on Monday

Feb 19, 2018, at 10:20 pm

Mumbai, Feb 19 (IBNS): Indian benchmark indices ended lower on Monday but a late recovery helped to trim losses, according to media reports.

Cut govt stake in banks below 50%: ASSOCHAM

Feb 19, 2018, at 09:35 pm

New Delhi, Feb 19 (IBNS): The Punjab National Bank's fraudulent transactions worth Rs 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50 per cent in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.  

PM Modi inaugurates Magnetic Maharashtra Convergence 2018

Feb 19, 2018, at 03:41 am

Mumbai, Feb 18 (IBNS): Prime Minister Narendra Modi on Sunday inaugurated Global Investors' Summit, Magnetic Maharashtra Convergence 2018, in the financial capital of the country.

OYO expands its footprint in UP, launches townhouse in Noida

Feb 18, 2018, at 08:32 pm

New Delhi/Noida, Feb 18 (IBNS): OYO, a hospitality company, on Sunday announced the launch of its mid-market offering ‘OYO Townhouse’ in Noida. 

Arun Jaitely leaves tonight on a two day official visit to the Kingdom of Saudi Arabia

Feb 18, 2018, at 12:56 am

New Delhi, Feb 17 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitely will be leaving tonight on a two-day official visit to the Kingdom of Saudi Arabia to co-chair the 12th India-Saudi Arabia Joint Commission Meeting (JCM) on Feb 18 and 19.

Etihad honours record breaking executive

Feb 16, 2018, at 10:17 pm

Abu Dhabi, UAE, Feb 16 (IBNS): Etihad Airways, the national airline of the United Arab Emirates, has honoured its high flying executive Andrew Fisher following his record-breaking feat of travelling around the globe in the fastest time and in the fewest number of flights.

Indian benchmark indices end negative on Friday but manage to stay off the day's low

Feb 16, 2018, at 09:59 pm

Mumbai, Feb 16 (IBNS): Indian benchmark indices ended on negative note on Friday but managed to claw back from the day's low, according to media reports.

Comprehensive action plan needed to drive EV uptake: ASSOCHAM-Nomura Research paper

Feb 16, 2018, at 09:31 pm

New Delhi, Feb 16 (IBNS): Conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for electric vehicles can drive electric mobility in India, noted a recent ASSOCHAM-Nomura Research Institute (NRI) joint study.

TCS wins global Top Employer award for the third consecutive year

Feb 16, 2018, at 07:23 pm

Mumbai, Feb 16 (IBNS): Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced on Friday that it has been recognized as one of world’s best employers by the Top Employer Institute for the third year running.

WPI index eases to 6-month low of 2.84 pct in January

Feb 16, 2018, at 12:52 am

New Delhi, Feb 15 (IBNS): In a major development, India's wholesale inflation eased for the second consecutive month, growing at 2.84 percent in January, official government data released on Thursday said.

Ministry constantly working to achieve the goal of doubling farmers’ income by 2022: Union Agriculture Minister

Feb 16, 2018, at 12:42 am

New Delhi, Feb 15 (IBNS): Prime Minister has set a target to double farmers' income by 2022 and the Ministry is constantly working to achieve this goal.

Organic farming should be promoted with the same spirit as Green Revolution: Union Agriculture Minister Radha Mohan Singh

Feb 16, 2018, at 12:37 am

New Delhi, Feb 15 (IBNS): Small and marginal farmers, who are unable to meet agriculture expenditure, can switch to organic farming as it is cost-effective and profitable.

Real Estate Sector a boon for affordable housing: Laxman Jaiswal

Feb 15, 2018, at 10:52 pm

Kolkata, Feb 14 (IBNS): The Union Budget 2018 is a balanced one with focus on affordable housing; but, without any direct impact on the sector, feels Laxman Jaiswal, Chairman & Managing Director,Ascon Infrastructure (India) Ltd.

ITDC posts Rs. 18.30 crore profit in third quarter ending December

Feb 15, 2018, at 10:20 pm

New Delhi, Feb 15 (IBNS): India Tourism Development Corporation (ITDC) Ltd, a public sector undertaking under the Union Ministry of Tourism, posted its third quarter results for the year financial year 2017-18 on Thursday.

Indian benchmark indices close positive on Thursday but off the day's high

Feb 15, 2018, at 09:56 pm

Mumbai, Feb 15 (IBNS): Although the alleged PNB-Nirav Modi scam rocked the market on Thursday too, Indian benchmarks closed positive but off the day's high according to media reports.