Category: India Business

Automobile dealers stage protest against GST in New Delhi

STORY: Automobile dealers on Tuesday (June 20) held a demonstration in New Delhi to protest against the proposed rates under the new national Goods and Services Tax...

Textile traders across India observe shutdown against GST

STORY: Textile traders across various cities in India on Thursday (June 15) observed a complete shutdown against service rates under the Goods and Services Tax (GST)....

Need not tap equity markets for at least a year, says India’s biggest lender

STORY: State Bank of India (SBI.NS) said on Friday (June 09) it may not need to tap equity markets for at least another year as its capital ratios will strengthen. Head...

Textile industry in western India divided over GST impact

STORY: Textile businessmen in India’s western Surat city remained divided on the impact of the Goods and Services Tax (GST) – a comprehensive indirect tax on...

India’s finance minister plays down demonetisation growth hit

STORY: Finance Minister Arun Jaitley on Thursday (June 01) played down the impact on economic growth of the government’s decision last November to scrap most of the...

Restaurants in southern India down shutters against proposed GST rates

STORY: Hotels and restaurants in India’s southern Tamil Nadu state observed a day’s shutdown on Tuesday (May 30) to protest against new tax rates under Goods...

India says its computer systems safe, software patches installed

STORY: India said on Monday (May 15) its computer systems have largely escaped a massive global ransomware attack, and that state organisations managing government...

India empowers central bank to deal with $150 billion bad debt

STORY: India tweaked its laws to help tackle the record $150 billion in troubled bank debts, giving its central bank greater power to identify and enforce resolution on...

Significant decision taken on banking sector, says India’s finance minister

STORY: India’s cabinet has taken significant decisions on the country’s banking sector, Finance Minister Arun Jaitley said on Wednesday (May 03), declining to give...

Indian PM Modi inaugurates research institute in northern India

STORY: Indian Prime Minister Narendra Modi on Wednesday (May 03) inaugurated famous Yoga guru Baba Ramdev’s Patanjali Research Institute in northern Haridwar city....

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