Business- Page 49

New Delhi: The country’s services sector activity slowed slightly in December, as new work orders and business activity moderated from November’s recent high, while job creation saw a significant uptick, a monthly

New Delhi: India’s Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover Rs 700 ($9.95 billion) of bad loans by the end of March, helped by resolution of

New Delhi: India has stopped printing Rs 2,000 notes in a bid to slowly stop their circulation, a highly placed government source told ThePrint. The decision comes on the back of suspicion

New Delhi: Volvo Car India on Thursday reported 30 per cent increase in its retail sales at 2,638 units in 2018. The company had sold 2,029 units in 2017, Volvo Car India

New Delhi: The GST Council at its January 10 meeting will consider lowering tax rates on under-construction flats to 5 per cent from 12 per cent to give a boost to the

New Delhi: The government think tank Niti Aayog have objected the proposal of preferential equity infusion in the two PSUs — BSNL and MTNL — amounting to nearly Rs 14,000 crores for

Mumbai: Indian manufacturing activity expanded at a slower pace in December as growth in new orders and output waned, despite factories cutting their prices, a private survey showed. The Nikkei Manufacturing Purchasing

New Delhi: On the first day of 2019, which will see the country prepare for the Lok Sabha elections in less than three months, Prime Minister Narendra Modi presented a veritable report

Mumbai: The Reserve Bank of India (RBI) introduced a one-time restructuring scheme for micro, small and medium enterprises (MSMEs) with a maximum exposure of Rs 25 crore. The restructuring has to be

New Delhi: The government collected Rs 94,726 crore as goods and services tax (GST) in December, lower than the collection in the previous two months. With a shortfall in seven of the