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India TV Business Desk

Govt announces Rs 48,239 cr recapitalisation plan for 12 public sector banks

Business | Feb 20, 2019, 07:03 PM IST

Kumar further said Punjab National Bank will get Rs 5,908 crore, Union Bank of India Rs 4,112 crore, Andhra Bank Rs 3,256 crore and Syndicate Bank Rs 1,603 crore.

Setback to Anil Ambani, SC asks him to pay Rs 453 crore to Ericsson or face 3-month jail

Business | Feb 20, 2019, 11:28 AM IST

On Feb 13, a bench of Justices R F Nariman and Vineet Saran reserved its judgement when Ericsson India had alleged that the Reliance Group has money to invest in the Rafale jet deal but they were unable to clear its Rs 550-crore dues, a charge which was vehemently denied by the Anil Ambani-led company.

RBI to pay Rs 28,000 crore as interim dividend to government

Business | Feb 18, 2019, 07:35 PM IST

The decision was made at the meeting of the RBI's Central Board in New Delhi.   

Arun Jaitley to address RBI board tomorrow, to highlight key points of interim Budget

Business | Feb 17, 2019, 11:59 AM IST

Last financial year, the RBI had paid an interim dividend of Rs 10,000 crore to the Centre.

Show cause notices to Idea, BSNL for not meeting TRAI's call drop norms in some service areas for September quarter

Business | Feb 14, 2019, 09:02 AM IST

The service providers have been issued show-cause notice to explain their position including reasons for non-compliance.

TRAI extends date to choose channels for TV viewers till March 31

Business | Feb 12, 2019, 07:48 PM IST

The new pricing policy is aimed at bringing in transparency and empowering the audience who were earlier offered packs by DTH and cable operators without much choice.

Retail inflation rate drops to 2.05 per cent year-on-year: Govt

Business | Feb 12, 2019, 05:56 PM IST

The decline was due to a fall in food prices and smaller increases in fuel costs.

TRAI issues notice to Airtel over DTH service disruption

Business | Feb 07, 2019, 02:05 PM IST

The new tariff regime for cable and DTH TV services, which mandate consumers to select channels of their choice -- either individual channels or bouquets -- came into effect on February 1.

RBI cuts repo rate by 25 basis points, loans likely to get cheaper

Business | Feb 07, 2019, 04:39 PM IST

The inflation rate was estimated at 3.2-3.4 per cent in the first half of the year 2019-20 and 3.9 per cent in the third quarter of 2019-20.

BMC presents Rs 30,692-crore budget for 2019 -20; no new tax proposed

Business | Feb 05, 2019, 09:15 AM IST

In its budget estimates for FY20, the BMC neither proposed any hike in the existing taxes nor any new levy.

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Interim Budget 2019: Relief for homebuyers, no tax on purchase of two homes after selling one

Budget | Feb 02, 2019, 06:29 AM IST

Goyal also announced relief for realty firms by extending tax rebate on development of affordable housing until next fiscal and not charging tax for two years on notional rent of unsold units.  

Arun Jaitley

Raising I-T exemption limit will benefit the 'great Indian Middle class': Arun Jaitley

Budget | Feb 02, 2019, 07:20 AM IST

In an apparent reference to the raging controversy over jobs, Jaitley wondered how the Indian economy can grow at an average of 7.5 per cent in the last five years without any job creation.

Interim Budget 2019: Check how will income tax rebate announced by Fin Min Piyush Goyal help your pocket

Budget | Feb 04, 2019, 03:41 PM IST

The new income tax provisions introduced by the government can help you save on taxes. Check the table given here to know how.

Interim Budget 2019-20 | From higher tax exemption limit to

Interim Budget: From higher tax exemption limit to farm package, Goyal presents pro-middle class Budget

Business | Feb 02, 2019, 08:00 AM IST

Finance Minister doled out tax sops to middle class including doubling of income tax exemption limit to Rs 5 lakh, raising standard deduction to Rs 50,000 and provided concessions on interest income from bank deposits and rent.

Interim Budget 2019 | Full tax rebate for individuals with upto Rs 5 lakh income per annum | Key takeaways

Budget | Feb 01, 2019, 11:57 PM IST

The biggest Easter egg in Piyush Goyal’s populist kitty was for individual tax payers. Revising the income slab to give relief to over 3 crore tax payers, the Modi government today proposed a full tax rebate on annual income upto Rs 5 lakhs.

Big relief for salaried middle-class as Goyal announces full tax rebate over income of Rs 5 lakh per annum

Budget | Feb 01, 2019, 01:33 PM IST

Those having an annual income of Rs 5 lakh per annum will get full rebate in Income-tax, Piyush Goyal announced during his Budget speech on Friday.

Union Budget 2019: Will Piyush Goyal announce populist measures ahead of PM Modi's big test in LS polls?

Budget | Jan 31, 2019, 11:45 PM IST

The Union Budget 2019 or a Vote on Account is being seen as the last-ditch attempt to woo voters ahead of the general elections by the Modi government.

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Spectra boosts broadband product for growing businesses

Business | Jan 29, 2019, 02:13 PM IST

Spectra has raised the bar in the segment with 1 Gbps packages across the most value intensive packages.

Should you invest in Sukanya Samriddhi Yojana or fixed deposits?

Business | Jan 28, 2019, 10:05 PM IST

Sukanya Samriddhi Yojana is a savings scheme, backed by the Government of India, which enables parents of girl children to build a fund for their future education and wedding expenses.

India's economic growth to remain in 7-7.5% range in next few years: PM advisory panel

Business | Jan 25, 2019, 04:35 PM IST

The growth rate can be easily increased by 1 per cent by addressing structural problems through reforms, the council observed during its meeting Friday.

SC refuses bail to Unitech promoters Sanjay Chandra and Ajay Chandra

Business | Jan 23, 2019, 04:40 PM IST

The two had sought bail on the ground that they are complying with the apex court order and have deposited over Rs 400 crore.

Madhya Pradesh CM Kamal Nath

WEF Davos: Kamal Nath refers GDP as 'fancy figure', says growth must translate to well being on ground

Business | Jan 23, 2019, 04:06 PM IST

At a session on the emerging market outlook at the World Economic Forum Annual Meeting 2019, Nath also strongly defended his government's farm loan waiver decision and said the agricultural sector in India and particularly in his state has been in distress.

TRAI's Channel Selector App to help you calculate your cable bill after Jan 31

Business | Jan 23, 2019, 03:55 PM IST

TRAI has introduced a new application which helps the subscribers in making their channel selection. 

India to become bigger than China: Former RBI Governor Raghuram Rajan

Business | Jan 22, 2019, 10:55 PM IST

In 2017, India became the sixth largest economy with a GDP of USD 2.59 trillion while China was the second larges with a GDP of USD 12.23 trillion, as per World Bank data.

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6 Points to Consider Before Buying Health Insurance

Jan 21, 2019, 02:17 PM IST

One cannot deny the fact that no matter how careful you are about your health, sudden and unforeseen medical requirement cannot be avoided, leading to situations that can dig a hole in your pocket. 

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PAN Card Linking: Find out why and how to do it

Jan 21, 2019, 01:55 PM IST

Using the PAN of an entity, the Income Tax Department can find out its financial history and check whether it has paid all due taxes on time or not. It is one of the biggest and the most effective weapons of the ITD against tax evaders.

Budget expectation, Q3 results to guide Indian equities; volatile in crude oil to affect rupee

Business | Jan 25, 2019, 04:24 PM IST

The quarterly results will remain in focus in the upcoming weeks as major third quarter results by Kotak Mahindra Bank, Maruti Suzuki, Larsen and Toubro, Yes Bank, Asian Paints and ITC is scheduled to be announced.

Union Budget is the most comprehensive report of the

Union Budget 2019: Must know terminologies

Business | Jan 25, 2019, 04:25 PM IST

Modi government is set to come out with its final Union Budget before the Lok Sabha polls later this year. But before the Union Budget is presented on February 1, the Ministry of Finance has issued a series “Know Your Budget” to clear the confusion around financial terms which leave many baffled. Here are some key terminologies of the Union Budget:

Union Budget 2019: What is Interim Budget? Why it is

Union Budget 2019: What is Interim Budget? Why it is different from full-fledged budget: All you need to know

Business | Feb 01, 2019, 10:48 AM IST

The two governments often have different fiscal plans, so the old government budget is cut short and a new budget is created. The interim Budget helps span the transition time between the two governments so that the government can continue to function.

Union Budget 2019: Terminology, glossary of terms used in Budget

Business | Jan 29, 2019, 07:10 PM IST

The finance minister presents a comprehensive statement of government's finances including spending, revenues, deficit and debt etc. on the budget day.

Fuel prices continue upward march, petrol at Rs 70.47/ltr in Delhi

Business | Jan 17, 2019, 09:21 AM IST

With petroleum products being outside the GST regime, prices vary as a result of local taxes.

Cabinet likely to consider capital infusion proposal for Exim Bank today

Business | Jan 16, 2019, 07:10 AM IST

Exim Bank commenced operations as a purveyor of export credit, mirroring global export credit agencies.

India needs a decisive PM with clear mandate, not unworkable alliance: Jaitley

Business | Jan 15, 2019, 07:29 PM IST

The pre-requisite for ensuring growth is a decisive leadership, consistency in policy direction and a strong and stable government, and not "an unworkable alliance with maverick leadership whose longevity is a suspect can never achieve this" he said in the blog.

Fuel prices rise across metros.

Fuel prices continue to spiral; petrol costs Rs 70.13/litre in Delhi, Rs 75.77/litre in Mumbai

Business | Jan 14, 2019, 06:55 AM IST

State-run oil marketing companies increased petrol rates by 38 paise per litre on Monday, while diesel prices were raised by 49-52 paise across the four major metros.  

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Finance Ministry considering to mandate declaration of GST registration status by composition dealers

Business | Jan 13, 2019, 11:57 AM IST

The measure, once implemented, would check the widespread practice of composition dealers of charging GST from purchasers and not depositing it with the exchequer, PTI reported quoting an official.

In major relief to small businesses, GST exemption limit doubled to Rs 40 lakh; PM Modi hails decision

Business | Jan 10, 2019, 11:40 PM IST

"GST exemption limit has been doubled to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country," Union Finance Minister Arun Jaitley announced on Thursday.

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