In order to provide relief to old/existing leases of motor vehicles, the GST Council has decided that the leasing of vehicles purchased and leased prior to July 1 would attract 65 per cent of the applicable GST rate (including compensation cess). ....

Petrol pump dealers on Wednesday called off their proposed strike on October 13, according to industry body United Petroleum Front (UPF). ....

Maharashtra Finance Minister Sudhir Mungantiwar on Tuesday said states had agreed to bring petrol and diesel under the ambit of Goods and Services Tax (GST). ....

US economist Richard Thaler won the 2017 Nobel Economics Prize for his contributions in the field of behavioural economics, the Royal Swedish Academy of Sciences said on Monday. ....

Prime Minister Narendra Modi on Monday said there is a need to develop energy infrastructure and provide access to energy in eastern India, a statement from the Prime Minister's Office said in New Delhi. ....

Rising inflationary pressure and concerns over "fiscal slippage" prompted India's central bank, the RBI, on Wednesday to maintain its key lending rates. ....

Britannia Industries will invest Rs 1000 crore at its proposed largest plant at the Ranjangaon food park in Maharashtra.There will be an investment of Rs 1000 crore at the Ranjangaon food park over a period of four to five years with an employment potential for 3000 people. ....

Despite positive global cues, Indian shares fell to their lowest level in nearly two weeks as IT exporters declined on concerns over their fourth-quarter results after bellwether Tata Consultancy Services failed to cheer investors. ....

Subdued inflation and demand prompted India's central bank, RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps). ....

The last date for filing income-tax returns has been extended to August 5. Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. ....