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Demonetisation will widen tax base: Finance Ministry to Parliamentary Panel
244 Views, 22-01-2017, Courtsey News Live

: Demonetisation will lead to a wider tax base and lower interest rates, thus paving the way for "sustainable faster economic growth", the Finance Ministry has said.  In a written response to the Parliament\’s Public Accounts Committee (PAC), the Revenue Department said that du...Read more

Sensex back in green, Nifty closes above 8,400
135 Views, 18-01-2017, Courtsey News Live

: The benchmark BSE Sensex recovered by nearly 22 points to close at 27,257.64 points today on fresh buying by investors as well as funds mainly in metal and financial stocks amid firm global markets. The broader NSE Nifty too closed above 8,400-mark with total gains of 19 points at close. Sentime...Read more

N Chandrasekaran appointed Tata Motors chairman
166 Views, 17-01-2017, Courtsey News Live

: Tata Motors today appointed Tata group chief designate N Chandrasekaran as its Chairman with immediate effect.  In a regulatory filing, the company said "the Board of Directors have today appointed Natarajan Chandrasekaran as additional director and Chairman of the board with immediate ...Read more

Automobile exports from India decline by 5 per cent in 2016
127 Views, 15-01-2017, Courtsey News Live

: India\’s automobile exports across categories fell 5 per cent in 2016 dragged down by lower sales of two and three-wheelers in various markets, including Latin America and Africa. According to latest data by Society of Indian Automobile Manufactures (SIAM), overall exports during the last y...Read more

In a first, Air India to reserve 6 seats for women on domestic flights
188 Views, 12-01-2017, Courtsey News Live

: In a first-of-its-kind move in the aviation industry, national carrier Air India will reserve six seats for women on its flights operating on domestic routes from next week.  At times, a woman travelling alone gets a middle or window seat on aircraft, which puts her to inconvenience, particu...Read more

Hopeful of resolving issues to roll out GST from Apr 1: FM
153 Views, 11-01-2017, Courtsey News Live

: Finance Minister Arun Jaitley today reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all pending issues are sorted out. GST, which is to subsume most of central and state taxes like excise, service tax and VAT, needs to roll out by lat...Read more

Sensex to touch 29,000 by Dec this year:Deutsche Bank
183 Views, 10-01-2017, Courtsey News Live

: Indian equity markets are expected to move in a narrow range during the year and the benchmark Sensex is likely to touch 29,000 by the end of 2017, says a Deutsche Bank report. According to Deutsche Bank\’s India Equity Strategy Report, 2017 is expected to be a year of uncertainty and the m...Read more