Business

Rs 15,167 crore, IRDAI, 23 insurers, LIC, unclaimed amount of policyholders, business news, India news

Unclaimed Rs 15,167 belonging to policyholders lies idle with 23 insurance companies

Insurance regulator Insurance Regulatory and Development Authority (IRDAI) has issued a notice to 23 life insurance companies after it found that as much as Rs 15,167 crore unclaimed amount of....

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PNB scam: Mehul Choksi calls himself a lawful citizen of Antigua, says he visited US in January

 Gitanjali boss Mehul Choksi, who is accused of duping Punjab National Bank of Rs 13,500 crore, has issued a fresh statement claiming that the reason behind him applying for the....

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Mahendra Singh Dhoni emerges as highest tax payer of Jharkhand

Former Indian skipper and wicketkeeper Mahendra Singh Dhoni has emerged as the highest taxes payer of Bihar and Jharkhand for the financial year 2017-18. “MS Dhoni has paid Rs 12.17....

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GST council meet: Zero tax on sanitary pads; TV, fridge, washing machine get cheaper, here are all the details

Coming out as a major relief for all the women, sanitary napkins have now been exempted from the GST. The following development was later confirmed by Delhi Deputy Minister Manish Sisodia....

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Rupee closes at historic low of 69.05 against US dollar

The rupee closed to a historic low on Thursday at Rs 69.05 against a dollar. So far in the current week, the value of rupee has dropped by 43 paise....

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RBI to introduce new violet-coloured Rs 100 note

After maroon of Rs 2000, yellow of Rs 200, and green of Rs 50, the Reserve bank of India is set to release a new violet of Rs 100 note....

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India's 4G reach grows but is slower than Pakistan's, says report

Telecom giants are bracing for 5G and are even talking of offering fibre-based home broadband at starting speeds of 100 Mbps soon, however, the reality speaks to the contrary, though the....

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Mukesh Ambani leaves behind Alibaba's Jack Ma to become Asia's richest man

Industrialist Mukesh Ambani, who is the head of multiple businesses under India's one of the biggest company's Reliance, has left behind Alibaba Group founder Jack Ma to become Asia's richest....

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Telecom commission approves net neutrality, clears new telecom policy

The Department of Telecommunication (DoT) has finally agreed to the recommendations of Telecom Regulatory Authority of India (TRAI) regarding net neutrality. TRAI in November 2017 had recommended a prohibition on....

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Andhra Pradesh ranked no 1, Gujarat slips in ease of doing business ranking

Andhra Pradesh has aced the list of states in the new ease of Doing Business rankings, released by the government on Tuesday. Chandrashekar Rao's Telangana, country's newest state has been....

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Airtel re-hauls its Rs 499 postpaid plan to offer more data

Bharti Airtel has revamped its Rs 499 postpaid plan to offer 75GB of Data instead of the 40GB it offered earlier. The plan includes 100 SMS messages per day and....

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Amazon Prime Day 2018 sale to start from July 16, here are deals on OnePlus 6, Vivo V9 and others

Amazon is all set for its biggest sale of the year — Amazon Prime Day 2018 sale — that will start from July 16, and continue till July 17. The....

EPFO, EPF funds, EPF balance, EPF partial withdrawal rules, How to withdraw EPFO balance, EPF new rules

EPFO allows members to withdraw funds for marriage, house purchase

The Employees' Provident Fund Organisation (EPFO) has revised its rules for the convenience of the members, after which one the members will be allowed to withdraw up to 75% amount....

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China to reduce tariffs on Indian medicines, anti cancer drugs

China and India have reached an agreement on the reduction of imports duties on Indian medicines to China including anti-cancer drugs, which are highly expensive in China. However, it's not....

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Vodafone-Airtel price war: Airtel unveils updated Rs 799 and Rs 1,199 post-paid plans

The price war among the telecom giants has intensified with Airtel unveiling some of its new postpaid plans to compete with Vodafone. Airtel updated Rs 799 post-paid plan and now....

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Bezos watch it, Mukesh Ambani is headed your way

While addressing the 41st Annual General Meeting of Reliance Industries Limited in Mumbai, the young Ambani's — Isha and Akash — launched the second version of JioPhone and a lot....

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Reliance 41st AGM: Mukesh Ambani announces launch date, cost of JioPhone 2

Reliance 41st AGM: Mukesh Ambani-owned Reliance Industries Ltd held its 41st Annual General Meeting (AGM) at Birla Matushri Sabhagar, 19, near Medical Research Centre, in Mumbai. After launching JioPhone during....

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Supreme Court asks Jaiprakash Associates to deposit Rs 600 crore to refund home buyers

The Supreme Court on Wednesday asked Jaiprakash Associates Ltd (JAL) to deposit Rs 600 crore in order to pay back loans of home-buyers. The ruling has come after the real....

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Dubai-based carrier Emirates takes back decision of discontinuing Hindu meals

After it received flak from social media users in India, the Dubai-based carrier Emirates has said that they will continue to provide Hindu meal option in food options. In its....

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PNB scam: Interpol issues red corner notice against Nirav Modi

In what could be perceived as a major development in getting Nirav Modi back in India, Interpol has issued a Red Corner Notice against the celebrity diamond merchant who is....

GST Goods and Services Tax, finance secretary Hasmukh Adhia, GST collections, GST revenue, GST first anniversary, national news, business news

Finance Secretary Hasmukh Adhia says GST collections have risen to Rs 95,610 crore in June, government aims to improve monthly revenue

The government is aiming to increase the average monthly GST collections, said finance secretary Hasmukh Adhia on Sunday, July 1, the first anniversary of Goods and Services Tax (GST). Further....

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GST anniversary: A look at what the simplified tax system has achieved and missed

The government today is celebrating the first anniversary of the implementation of the Goods and Services Tax (GST) in the country. The Prime Minister Narendra Modi government on this day....

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BJP celebrates one year of GST, calls it an example of cooperative federalism; Congress rebukes, says GST a 'Grossly Scary Tax'

As the BJP commemorated 1st year of the rolling out of Goods and Services Tax on Sunday, July 1, at the Ambedkar International Centre, Delhi, to mark the very 1st....

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GST first anniversary: Congress calls GST a Grossly Scary Tax for traders

On the first anniversary of the Goods and Services Tax (GST), Congress launched a scathing attack on Prime Minister Narendra Modi-led BJP government. In a presser, Congress spokesperson Randeep Singh....

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Akash Ambani-Shloka Mehta engagement: See all photos, videos of the star-studded ceremony

The engagement ceremony of Mukesh and Nita Ambani's elder son Akash Mehta and his fiance Shloka Mehta is currently taking place in Mumbai. The Ambani's are hosting the engagement ceremony....

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Akash Ambani-Shloka Mehta engagement highlights: B-town, industrialists presence grace Ambani's function

Mukesh Ambani and Nita Ambani is today hosting the engagement ceremony of their elder son Akash Ambani who is set to get hitched with his college time love Shloka Mehta,....

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Priyanka Chopra, Nick Jonas attend Akash Ambani and Shloka Mehta’s engagement in Mumbai

Bollywood-Hollywood fame Priyanka Chopra and singer-songwriter Nick Jonas attended India's one of the biggest industrialist Mukesh and Nita Ambani's son's Akash Amabani's engagement on Thursday evening. The Quantico star Priyanka....

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Indian money in Swiss banks rise 50% to over ₹7000 crore, reversing 3-year downward trend

The banks in Switzerland saw their profit increase about 25 percent to Swiss Francs (CHF) 9.8 billion in 2017 while the money deposited by Indians saw 50 percent rise to....

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Indian rupee sinks to all-time low of 69 against US dollar

In the early trade on Thursday, June 28, Indian rupee opened at 68.89 and hit an all-time low of 69.09 a dollar. Breaching the all-time low record of 68.87, the....

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In short period of 2 months, GST investigation wing discovers Rs 2000 crore tax evasion

At least Rs 2,000 crore was unearthed by tax authorities in the last two months, a senior official said on Wednesday. While there are more than 1 crore businesses registered....