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Latest Business News – Check out latest international share market news, finance news India, top business news, business news headlines and current Indian financial news at Oneindia Money.



Last Build Date: Thu, 14 Dec 2017 16:42:05 +0530

 



People Confident Of Future Job Scenario Despite Robot Fear

Thu, 14 Dec 2017 16:36:34 +0530

Despite all the talk about robots taking over jobs, a significant percentage of people are positive about the future world of work and believe that they have what it takes, with Indians most confident of their digital skills, says a PwC


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Shalby To List Shares On Friday

Thu, 14 Dec 2017 15:36:02 +0530

Multi-specialty hospital chain Shalby Ltd, which recently concluded its Rs 504 crore initial public offering, will list its shares on the exchanges tomorrow. The equity shares will be listed on the NSE as well as on the BSE. The IPO, which


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GST Returns Filing Simplified

Thu, 14 Dec 2017 12:19:39 +0530

The GST Network said it had introduced a functionality which simplifies the returns filing process for taxpayers. "A new functionality has been introduced on the GST portal for ease of the taxpayers under which questions will be posed as soon as


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Deadline For Quoting Aadhaar, PAN In financial dealings Extended To Mar 31

Thu, 14 Dec 2017 10:38:30 +0530

The government extended by three months till March 31, 2018, the deadline for mandatory quoting of Aadhaar and PAN for all bank accounts and certain financial transactions. The government had made quoting of the 12-digit biometric identifier Aadhaar mandatory for old


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Bitcoin Trade Under Scanner: Tax Authorities Visit Bitcoin Exchanges Across India

Wed, 13 Dec 2017 17:15:18 +0530

The Income Tax Department on Wednesday conducted survey operations at major Bitcoin exchanges across the country on suspicion of alleged tax evasion, official sources said. They said various teams of the sleuths of the department, under the command of the Bengaluru


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Aadhaar-Bank Account Linking Deadline Extended

Wed, 13 Dec 2017 16:15:37 +0530

The government has extended till further notice the December 31 deadline for mandatory quoting of national biometric identifier Aadhaar and PAN for certain financial transactions like the opening of a bank account. While the deadline has been withdrawn through a Gazette


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Aadhaar Linking Deadline Likely To Be Extended For All Financial Services

Wed, 13 Dec 2017 16:07:05 +0530

After the government extended the date to link aadhaar to PAN by three more months to March 31, 2017, the deadline to link aadhaar with financial services and instruments is likely to be extended beyond December 31, 2017. The amendment in


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ICICI Bank Slashes Interest Rates On Retail Deposits To 6.5%

Wed, 13 Dec 2017 15:30:35 +0530

The country's largest privately-run lender ICICI Bank in line with other leading banks has lowered interest rates on retail deposits. For deposits of less than Rs. 1 crore and one year maturity, the bank has reduced rates to 6.6% per annum.


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Air Deccan To Relaunch Operations At Airfare Of Just Rs.1

Wed, 13 Dec 2017 14:06:13 +0530

The pioneer in the no-frill airline industry, Air Deccan, is slated to relaunch its operations this week and a few lucky can travel at an airfare of just Rs. 1. The airline is making a comeback with a tagline ‘the


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InterGlobe Aviation Stock Trades Lower By 3% After Its OFS Begins

Wed, 13 Dec 2017 14:00:29 +0530

Interglobe Aviation that owns the largest low-cost air carrier Indigo dragged lower by 3% in trade today after its promoters begin share sale today. Two of the company's promoter plan to offload 2.91% of the total equity of the company through


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Aadhaar To Be Compulsory For MF Investors From January: BSE

Wed, 13 Dec 2017 12:43:03 +0530

Leading bourse BSE on Tuesday asked asset management companies (AMCs) to ensure that individual clients compulsorily submit their Aadhaar details from January as part of compliance with anti-money laundering rules. The instruction has been issued after the government amended, in June,


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EPFO Advises Members Against Fully Withdrawing Provident Fund

Wed, 13 Dec 2017 11:25:37 +0530

Retirement fund body EPFO advised subscribers not to completely withdraw funds for petty reasons, saying they will lose out on the social security benefits that come only when continuity is maintained. The Employees' Provident Fund Organisation (EPFO) further said that PF


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Retail Inflation Soars To 15-Month High In Nov

Tue, 12 Dec 2017 18:12:59 +0530

Retail inflation in India hit 15-month high at 4.88 per cent in Nov, as against 3.58 in Oct, 2017, as food inflation soared. The inflation numbers were worse than what analysts had expected, which was largely around 4.3 per cent to


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14 Crore PAN-Aadhaar Linkages Done Till Now

Tue, 12 Dec 2017 18:09:27 +0530

Over 14 crore Permanent Account Numbers (PANs) have been linked with Aadhaar till now, official sources said today. With this, about 41 per cent of PANs are now linked with Aadhaar numbers. There are about 33 crore PAN cards, while Aadhaar


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Paytm Offers Up To 50% Cashback In The Second Edition Of '12/12 Festival'

Tue, 12 Dec 2017 17:16:46 +0530

Paytm will hold the second edition of its '12/12 Festival' on December 12 to promote use of digital payments across its five million merchant partners. The "offline shopping festival" is aimed at driving greater sales for offline merchant partners accepting Paytm,


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MFs Register Rs. 1.26 Lakh Cr Inflow In November

Tue, 12 Dec 2017 16:16:13 +0530

As per the latest data of Amfi, the mutual fund industry clocked an inflow of Rs. 1.26 lakh cr in the month of November taking the total assets under management (AUM) to a record high of Rs. 21.8 lakh crore. {image-mf-12-1513075362.jpg


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India To Grow At 7.2 Per cent In 2018, 7.4 Per cent In 2019

Tue, 12 Dec 2017 15:59:26 +0530

India's growth rate is projected to accelerate to 7.2 per cent in 2018 and 7.4 per cent in 2019, the UN said, describing the outlook for the country as "largely positive." Despite the slowdown observed in early 2017 and the lingering


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Tour Packages Likely To Cost Less Post Tax Credit Review By GST Council

Tue, 12 Dec 2017 15:45:55 +0530

As per the leading business daily report, government is mulling to provide tax credits to tour operators. The move is likely to bring down the cost of tour packages for tourists as the GST tax implication will then be reduced


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Govt To Introduce Electoral Bonds: Know Details

Tue, 12 Dec 2017 15:14:18 +0530

To prevent misuse of proposed electoral bonds, the government is likely to cap the validity at 15 days within which such bonds bearer in nature have to be redeemed by political parties. According to official sources, the guidelines for electoral bonds,


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Indian Companies 3rd Most Optimistic Globally On Hiring Plans

Tue, 12 Dec 2017 13:45:37 +0530

India is the third most optimistic nation in hiring intentions as 22 per cent of employers are expected to add more staff in the next three months while Taiwan topped the pack, says a survey. According to the survey released today


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