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India TV Business Desk

Big Relief for Central Govt employees! No tax on THIS amount - check details

Big Relief for Central Govt employees! No tax on THIS amount - check details

Business | Feb 04, 2021, 02:19 PM IST

In Budget 2021, Finance Minister Nirmala Sitharaman has proposed to provide tax exemption on cash allowance in lieu of Leave Travel Concession (LTC).

Petrol, diesel prices touch all-time highs in Delhi

Petrol, diesel prices soar to record high in Delhi, check new rates

Business | Feb 04, 2021, 01:11 PM IST

Petrol and diesel prices in Delhi touched new all-time highs on Thursday with oil marketing companies (OMCs) raising pump prices by 35 paise a litre.

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LPG Cylinder Price Alert: Govt hikes cooking gas price from today

Business | Feb 04, 2021, 07:09 PM IST

The Government has also hiked the prices of the commercial cylinder by Rs 184 per unit. The revised rate of cooking gas cylinder will be effective from today i.e February 4 2021.

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Turning New Delhi Railway Station 'world-class': Inside details

Business | Feb 03, 2021, 04:56 PM IST

The New Delhi Railway Station will be redeveloped into a world-class station in line with global standards. With dome-shaped terminal buildings and two arrival and departure areas at the concourse level, the station is sure to undergo a complete makeover.

Proposed design of Amazon's upcoming second headquarters in

Amazon's upcoming headquarters proposed design in Virginia is a compliment to nature. See photos

Business | Feb 03, 2021, 04:43 PM IST

Amazon's new upcoming headquarters will be an eye-catching vertical forest to complement the aesthetics of nature and sustainable development. The company has unveiled the design of its planned second headquarters in northern Virginia, with a swirling glass tower covered in trees.

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7th Pay Commission: Good news for Central govt employees! Centre likely to announce 4% DA hike

Business | Feb 04, 2021, 07:12 PM IST

The Labour Ministry has declared the AICPI (All India Consumer Price Index) data that indicates that the Centre may announce at least 4 per cent hike in the DA. This is to be noted that the hike in the DA will also lead to a rise in central government employees' Travel Allowance (TA) too.

Vehicle Scrappage Policy: Now, keeping old cars will cost you more. Details

Vehicle Scrappage Policy: Now, keeping old cars will cost you more. Details

Business | Feb 03, 2021, 02:32 PM IST

According to the report, the cost of getting a fitness certificate for such commercial vehicles will go up by up to 62 times. On the other hand, the fee for renewal of registration of private vehicles will increase by up to eight times.

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HDFC Bank Credit Card, Net Banking, Debit Card services to remain unavailable for few hours

Business | Feb 03, 2021, 01:02 PM IST

HDFC Bank is the largest lender by assets in the private sector in the country. Its net banking and mobile banking app services will be affected for two days on Feb 4 and 5.

Brookfield India REIT IPO subscription opens today

Brookfield India REIT IPO subscription opens today: Check lot size, price band and more

Business | Feb 03, 2021, 07:43 AM IST

Brookfield REIT IPO Date: Brookfield REIT is the the country's only 100 per cent institutionally managed public commercial real estate vehicle. The price band is fixed at Rs 274 to Rs 275. Retail investors can bid for minimum 200 shares.

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HFFC shares listing on BSE, NSE today: Grey market premium strong, bumper listing likely

Business | Feb 03, 2021, 07:12 AM IST

Shares of Home First Finance Company will be listed on the BSE and NSE today. Shares were quoting a grey market premium of Rs 140 to trade at Rs 658 apiece.

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Jeff Bezos to step down as Amazon CEO later this year

Business | Feb 03, 2021, 06:28 AM IST

Launched in 1995, Amazon was a pioneer of fast, free shipping that won over millions of shoppers who used the site to buy diapers, TVs and just about anything else. Under Bezos, Amazon also launched the first e-reader that gained mass acceptance, and its Echo listening device made voice assistants a common sight in living rooms.

Gold Price

Gold Price Today: Gold declines Rs 480; silver tumbles Rs 3,097

Business | Feb 02, 2021, 03:27 PM IST

Gold prices declined by Rs 480 to Rs 47,702 per 10 gram in the national capital on Tuesday in-line with fall in global precious metal prices, according to HDFC Securities. 

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Budget 2021: What is Tax Holiday and how it will benefit startups in India?

India | Feb 02, 2021, 01:34 PM IST

A tax holiday is an incentive program run by the government. It helps to stimulate foreign investment by reducing taxes on businesses. The objective is to encourage economic activity and foster growth.

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‘Doesn’t make any responsible comment’: Smriti Irani responds to Rahul Gandhi’s criticism of Budget

India | Feb 02, 2021, 01:43 PM IST

Smriti Irani said that the Budget should not be seen from a narrow point of view and sought to know why the Opposition is complaining when the Budget has not put any new burden on the aam aadmi.

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Budget 2021: Gems and jewellery industry cheer decision to cut import duty on gold, silver

Business | Feb 02, 2021, 12:32 PM IST

The Modi government has announced a cut in the import duty on gold and silver, a move welcomed by the industry as it will bring down prices of precious metals in the domestic market and boost exports of gems and jewellery.

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What is Bad Bank? How Modi govt plans to address stressed assets of public sector banks

Business | Feb 02, 2021, 11:02 AM IST

Bad Bank will seek to provide financial stability in the banking sector. It will hold problem loans for public sector banks which can then be sold on to investors at a reduced price. This will ultimately help clean up the balance sheets of banks.

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Markets cheer Budget 2021: Sensex reclaims 50,000-mark, Nifty gains over 400 points

Business | Feb 02, 2021, 10:03 AM IST

Sensex on Tuesday reclaimed the 50,000-mark in the opening session while the Nifty climbed over 400 points to trade over 14,700 points.

Finance Minister Nirmala Sitharaman

Budget 2021: Capital base of small companies raised from Rs 50 lakh to Rs 2 crore

Business | Feb 02, 2021, 08:43 AM IST

The government on Monday said the definition of small companies will be revised by raising the capital base to Rs 2 crore from the current limit of Rs 50 lakh.

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Indigo Paints shares listing on BSE, NSE today: Grey market premium strong, bumper debut likely

Feb 02, 2021, 07:40 AM IST

Indigo Paints shares listing, Indigo Paints grey market premium: The shares of Indigo Paints will be listed on BSE and NSE on Monday. In the grey market, the trading premium of Indigo Paints share is around 60 per cent.

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Nirmala Sitharaman on Budget 2021: 'Govt did not hesitate in spending'

Business | Feb 02, 2021, 08:35 PM IST

Union Finance Minister Nirmala Sitharaman on Monday said that the government did not hesitate in spending big. Presenting Budget 2021-22, Sitharaman said the government estimates fiscal deficit of 6.8 per cent of the gross domestic product (GDP) in the next financial year beginning April 1.