Declining to set a dateline for implementing the Goods and Services Tax (GST), West Bengal Finance Minister Amit Mitra on Wednesday said demonetisation has hugely impacted states' tax revenues, while Indian industry itself required more time to prepare for the new indirect tax regime. ....

The government's demonetisation move provoked a downturn in the Indian service sector growth in December, with business activity contracting for the second consecutive month, revealed key macro-economic data on Wednesday. ....

Cab aggregator platform Ola on Wednesday launched new "Share Express" feature to make share rides cheaper by 30 per cent on over 100 routes in Bengaluru, Mumbai, Jaipur Delhi and NCR. ....

The assets under management (AUM) of the Indian mutual industry are expected to touch Rs 20 lakh crore soon, said a top official of Reliance Nippon Life Asset Management Ltd. (Reliance Mutual Fund). ....

Positive global cues, coupled with a slightly strong rupee and value buying, marginally lifted the Indian equities markets during the mid-afternoon trade session on Wednesday. ....

In a bid to let customers experience 4G network at affordable prices, Bharti Airtel on Tuesday said it will offer free data for 12 months, worth up to Rs 9,000, to customers who switch to Airtel 4G. ....

The government has garnered over Rs 21,432 crore ($3 billion) through selling its stake in central public sector enterprises (CPSEs) during the first eight months of the current fiscal, representing nearly 60 per cent of the union budget's target, an official statement said on Tuesday. ....

Domestic mobile wallet platform MobiKwik on Tuesday said it has tied up with All India Institute of Medical Sciences (AIIMS) here to convert all its payment facilities cashless. ....

Admitting to the cash crunch prevailing in rural areas, the RBI on Tuesday asked commercial banks to send at least 40 per cent of the currency meant for circulation to their rural branches. ....

Two budget airlines - Scoot and TigerAir- on Monday announced promotional fares to Singapore and Australia out of Indian cities like Chennai, Amritsar, Bengaluru, Lucknow, Hyderabad and Jaipur. ....