Business

SBI Research expects tax collection under IDS to be around Rs 50,000 crore and cancelled liabilities from RBI to be around Rs 75,000 crore.

The report noted that Finance Minister Arun Jaitley is expected to target a fiscal deficit of 3.5 per cent of GDP --same as that of 2016-17 in his February 1 Budget.

Acharya, a professor of Economics in the Department of Finance at the New York University (NYU) was appointed as Deputy Governor last month.

For the whole of 2016, China's LNG imports rose 32.8 percent to 26.06 million tonnes.

Logistics company Brambles Ltd fell as much as 17.6 percent, accounting for a quarter of the losses on the index.

JSW Steel is a part of the diversified JSW Group which has presence in steel, energy, infrastructure among others.

The Sensex opened lower at 26,990.93 and moved in a range of 27,159.68 and 26,963.58. At 1100 hrs, the 30-share barometer was quoted higher by 103.66 pts, or 0.38 per cent, at 27,138.16 points.

The National Stock Exchange Nifty too dropped by 22.15 points, or 0.26 per cent, to 8,327.20.

Meanwhile, the benchmark BSE Sensex fell by 70.92 points, or 0.26 per cent, to 26,963.58 in early morning deals.

Trump's first address as president on Friday highlighted his "America first" policies that were short on specific proposals.

"The government feels much regret at having burdened you all and not having provided more support and encouragement," Hwang said.

The analysis report, accessed by The Indian Express, also states that the knowledge of anti-money laundering rules and regulations of all cooperative bank staff was a major concern.

After taking out Rs 66,507 crore in November and December, foreign investors have withdrawn Rs 5,145 crore from the capital market so far in January 2017.

Sources said the review may lead to tweaking in the holding period for gains in stocks to qualify as long-term capital gains, even as the government may leave the tax rates unchanged.

Business does not seem to be too brisk in an economy hurt by demonetisation — net sales at cement maker UltraTech barely grew.

A majority of the respondents stated that the SMEs have been hit and would still suffer the lingering effect for one more quarter.

The Council in its meeting on January 16, had agreed to give states the powers to levy tax on economic activity within 12 nautical miles of territorial waters.

The focus is also on non-cash deposits in various bank accounts by way of RTGS and other means

The Revenue Department said that due to withdrawal of old high-value notes, the idle/hidden cash has come into the formal system which will be utilised for productive purposes.

On a standalone basis, its net sales stood at Rs 5,540 crore as compared to Rs 5,652 crore in the year-ago period

Grading fosters healthy competition and cooperative federalism , writes Maharashtra CM

Noriko Gunji, President and CEO at Canon Singapore, and Kazutada Kobayashi, President and CEO at Canon India, announced "Vision 2020" at the event.

Till December 19, the RBI had said that around Rs 5.9 lakh crore of notes were remonetised, hence during the intervening period of January 13-December 19, about Rs 1 lakh crore value of notes were

During the period, there was an increase of 136 per cent in the number of groups searched than the last year.

On a weekly basis, both key indices recorded fall of 203.56 points, or 0.74 per cent, and 51 points, or 0.60 per cent, respectively.