Sunday , February 26 2017

Business

Airtel network logs highest download speed in Jan

airtel

Airtel network download speed has almost doubled in the month of January to 8.42 mbps from 4.68 mbps. New Delhi: Normal download speed on Bharti Airtel’s network was highest in the month of January at 8.42 megabit per second (mbps), rendering to newest data issued by telecom regulator TRAI. The average ...

Read More »

Jio stands for affordability, where data is new oil: Mukesh Ambani.

mukesh_ambani_jio_1480570482150

jio to stand affordably,where date is new oil says Mukesh Ambani   Mumbai – Reliance Industries Ltd and Jio Managing Director and Chairman Mukesh Ambani on Wednesday said that the company is newly-launching telecom venture and Reliance Jio stands for affordability and data is the new oil in the industry. ...

Read More »

Cabinet approves SBI to merge with five associated banks

SBI merge with associate banks

    The Union Cabinet on Wednesday approved the merger of five of SBI with  State Bank of India subsidiaries to create a global player Under Prime Minister Narendra Modi the Union Cabinet on Wednesday decided to have the merger plan of State Bank of India with  its five associate banks ...

Read More »

The inflation measure of WPI rise to 5.25%, since July 2014

Inflation

The Wholesale inflation raised  to a high of 5.25 per cent in January due to rise in  crude oil prices, petrol and high speed diesel prices.  The Wholesale inflation of India flew to a 30-month high of 5.25 per cent in January due to rising prices of petrol and diesel and ...

Read More »

Asia shares to eke 19-month high, dollar to be firm.

asia

Asian shares on Tuesday have eked, as the potential for economic stimulus in the United States lifted the dollar, bond yields, and Wall Street stocks. Wall Street indexes have hit historic peaks on Monday, with the benchmark S&P 500’s market value topping $20 trillion as investors bet tax cuts promised by President Donald ...

Read More »

FSSAI sets up panel to finalise laws on food fortification

fssai

FSSAI has also revealed a Logo for fortified foods which might be used by food businesses. New Delhi: Food manager FSSAI has set up a technical panel to frame ending regulations on fortification of foods and make plans to address malnutrition dispute. The Food Safety and Standards Authority of India (FSSAI) ...

Read More »

India’s Subsidy to Home Loans Is a Really Bad Idea, PM Narendra Modi

PM Narendra Modi

It’s most obviously true that we would like people to have a house to live in. It’s also true that we’d like those who can afford it to personal the house they live in. An assets owning democracy isn’t a bad thing to be directing for. However, funding of people ...

Read More »

No decision yet on imposing tax on cash transactions: Shaktikanta Das

tax

The centre government has not taken any decision on imposing a Banking Cash Transaction Tax (BCTT) on cash deals of Rs 50,000 and above as suggested by the high-powered Chief Ministers’ panel, Economic Affairs Secretary Shaktikanta Das stated today. In addition, expressing hope that GDP growth would be upwards of ...

Read More »

Weekly cash withdrawal limit raised to Rs 50,000 from Feb 20; limits end by March 13

cash withdrawal limit

New Delhi: Reserve Bank of India (RBI) on Wednesday raised the weekly cash withdrawal limit to Rs 50,000 from Rs 24,000, which will be effective from February 20. RBI also announced that from March 13 there will be no cap on cash withdrawal from the savings account. “The limits on ...

Read More »

Income Tax Slabs: Here Are New Tax Rates Applicable From April 2017

income tax

Bringing some happiness to the individual tax payers, Finance Minister Arun Jaitley reduced the income tax rate to 5 percent for individuals having taxable income between Rs 2.5-Rs 5 lakh compared to 10 percent earlier. In the meantime, Mr Arun Jaitley increased the tax burden of people having taxable income ...

Read More »