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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: Sat, 17 Mar 2018 16:06:05 +0530


Indian Railways Proposes To Redevelop Three Railway Stations

Sat, 17 Mar 2018 16:00:47 +0530

The Indian Railway Stations Development Corporation Ltd (IRSDC) on March 16, invited proposals to redevelop three railway stations - one in Chandigarh and two in New Delhi - at a cost of Rs 656 crore as part of the government's $1

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Over 1,700 card, net banking-related frauds reported in 2017

Sat, 17 Mar 2018 14:27:50 +0530

Over 1,700 cases of fraud related to credit/debit card and Internet banking with the extent of losses touching Rs 71.48 crore were reported in 2017, Parliament was informed yesterday. A total of 1,785 cases related to credit/debit card and Internet banking

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Govt To Not Discontinue Rs. 2000 Note; Test Rs. 10 Plastic Note

Sat, 17 Mar 2018 12:02:44 +0530

On Friday, the government said that there is no plan to discontinue Rs. 2000 currency note which was introduced in the wake of demonetisation in November 2016. Also, it informed the Lok Sabha about its decision of conducting field trial of

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India's Current Account Deficit Widenes To 2% Of GDP In Q3FY18

Sat, 17 Mar 2018 11:19:12 +0530

On Friday, RBI data revealed that India's CAD or current account deficit jumped to $13.5 billion which amounts close to 2% of the GDP during the third quarter of 2017-18 against $7.2 billion in the quarter ended September. CAD figure for

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Commercial Vehicle Life Capped at 20 Years

Sat, 17 Mar 2018 10:35:46 +0530

The Indian government has decided to cap the life of commercial vehicles to 20 years. The rule will be effective from April 1, 2020. Vehicles such as taxis, three-wheelers, trucks, and buses registered before 2000 will cease to be registered

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A Look At The Biggest Weekly MidCap Gainers And Losers

Sat, 17 Mar 2018 10:25:46 +0530

Markets ended the week with margin losses, with the Sensex declining 0.39 per cent and the Nifty down 0.31 per cent. It was largely a volatile week with the Sensex gaining 600 points on Monday and losing 500 points on

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Why The Sensex Could Keep Falling Till March End?

Sat, 17 Mar 2018 07:13:18 +0530

After a staggering 600 points rally on Monday, it was expected that the benchmark indices would definitely end the day higher. However, between Tuesday and Friday, the Sensex lost the entire gains made on Monday in the next four days. {image-stockmarketfall-1521250869.jpg

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Pensioners To Benefit As Minimum Monthly Payment To Be Hiked To Rs. 2000

Fri, 16 Mar 2018 22:39:03 +0530

Under the Employees Pension Scheme 1995, the provident fund body EPFO began to provide a minimum monthly pension amount of Rs. 1000 from September 1, 2014. However earlier in this week, parliamentary panel told the Centre that the amount is too

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Sensex Crashes 500 Pts As TDP Moves No Confidence Motion

Fri, 16 Mar 2018 14:41:29 +0530

The Sensex crashed in trade after reports that the TDP had moved a no confidence motion and would be supported by several parties. The TDP said it was quitting the NDA over unhappiness at Andhra Pradesh not being given special status

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Mukesh Ambani's Daughter Isha Seeded the \"Jio\" Idea in 2011

Fri, 16 Mar 2018 13:32:42 +0530

Billionaire Mukesh Ambani's telecom venture Jio, which catapulted India as the world's largest mobile broadband data consuming nation in less than two years, was first seeded by his daughter, Isha, in 2011. Ambani said this in his acceptance speech last night

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Semi-High Speed Train Made Under Made-In-India Scheme To Run From June

Fri, 16 Mar 2018 13:16:23 +0530

A Semi-high speed train which is capable of speeds of 160 km per hour will be rolled out in June. The train will be India's first indigenous manufactured semi-high speed train. The train will be self-propelled on electric traction just like

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SEBI Imposes Fine On Atherstone Capital Markets In Onelife Capital Advisors IPO Case

Fri, 16 Mar 2018 12:26:26 +0530

The Securities Exchange Board of India has imposed a fine of Rs 12 lakh on Atherstone Capital Markets, merchant banker, for misstatement and non-disclosures of material developments in the IPO papers of Onelife Capital Advisors, reports from PTI. The

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3 Indians Cities Among the Cheapest in the World

Fri, 16 Mar 2018 11:58:48 +0530

The Economist Intelligence Unit (EIU) has released the results of its Worldwide Cost of Living 2018 survey. It gives its annual ratings on cities based on the prices of over 150 items like bread, wine, cheese and petrol in 133 cities

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GST is One of the Most Complex Tax Systems in the World: World Bank

Fri, 16 Mar 2018 10:59:43 +0530

In its bi-annual India Development Update Report, the World Bank said that the Indian Goods and Service Tax (GST) system is one of the most complex compared to other countries and also has the second highest tax rate in the world.

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Paytm Introduces Gold Gifting And Gold Savings Plan

Fri, 16 Mar 2018 10:53:25 +0530

Paytm has come up with two new services Gold Gifting and Gold Savings Plan as part of its wealth management offering, Paytm Gold. Gold gifting is a convenient gifting solution using which customers can instantly send 24K 999.9 purity

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Tata Groups' Chief Ethics Officer Quits

Fri, 16 Mar 2018 10:15:08 +0530

Tata Sons said its Chief Ethics Officer Mukund Rajan will leave the group to evaluate entrepreneurial pursuits in the coming months. "Dr. Rajan and Tata Sons have mutually agreed that Dr. Rajan will leave the services of Tata Sons on

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The Movers & Shakers In The Stock Markets Today

Fri, 16 Mar 2018 10:10:34 +0530

The Sensex has once again slumped in trade with the benchmark index set to drop for the 4th straight trading session. Here are a few stocks that have dropped in trade today. Jaiprakash Associates Shares in JP Associates rallied after

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Why Investors Should Not Take A Modi Win In 2019 For Granted?

Fri, 16 Mar 2018 09:05:02 +0530

Investors who typically invest in stocks for the medium to long term always look at political stability. With the Sensex at near 34,000 points, the markets have probably factored a BJP win in 2019. However, until a year back it

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Gratuity Bill to Extend Tax Free Gratuity Limit to 20 Lakhs Passed by LS

Thu, 15 Mar 2018 22:00:34 +0530

The Lok Sabha today passed the Payment of Gratuity (Amendment) Bill which seeks to empower the government to fix the period of maternity leave and tax-free gratuity amount with an executive order. After the passage of the Payment of Gratuity

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February Trade Deficit Contracts To $12 Billion; Exports Grow 4.5%

Thu, 15 Mar 2018 20:23:48 +0530

The trade deficit for February month contracted to $12 billion as against $16.3 billion in the previous month. Imports also registered an increase of 10.4% and stood at $37.8 billion. At the same time, exports also rose higher by

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