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economy
Indian economic growth | Red hot India economy | GDP growth | Purchasing Power Parity
RBI Will Drastically Reduce Printing Of New Notes; Here’s The Reason Why..
RBI officials are using a ‘sophisticated system ‘ to count demonetized currencies which will be destroyed, after which space will be available for new notes
India Beats Japan, China In Growth Of Millionaires; Indians Now 4th Richest In Asia!
Capgemini has just released their Asia Pacific Wealth Report for 2017, and there is some encouraging news for Indians in terms of growth of millionaires.
Demonetization Completes 1 Year: The Good, The Bad & The Ugly!
On the first anniversary of demonetization, we discuss some of the good, bad and ugly effects of demonetization, as we try to examine its objectives
GST On Common Use Goods Will Be Lowered; Note Ban Caused Cancellation of 2.2 Lakh Companies!
With GST already rolled out in public domain, Government is now concentrating on fine-tuning it to make it fairer & more acceptable to the people.
Officials Blame Infosys For GST Technical Issues; Claim Poor Quality Software!
Govt. officials are blaming Infosys for GST technical issues and have accused them of creating a poor quality software for GST filing.
GST Should Be Included in MRP – GST Council Will Announce New Law
GST is the single-most disruption in Indian tax system. Some businesses have been wrongly charging GST + MRP. The govt. is looking to stop this malpractice.
Indian Railways Will Invest $150 Bn, Generate 1 Lakh Jobs; Launches 1st Solar Plant in Delhi!
Indian Railways has decided to make the switch to electricity generated using solar energy.
They are investing $150 Bn & are expecting to create 1 lakh jobs
Cashless Push – ID Must For All Cash Transactions Above Rs 50,000!
Defining a smaller limit for cash transactions has a two-fold purpose. It will help keep money laundering in check and push more cashless transactions.
Govt. May Lower GST For AC Restaurants To 12% From 18%; Will This Help?
Govt. has taken this decision to revive restaurant business, which hotel owners are claiming is down since implementing higher slab of GST on AC restaurants
Patanjali CEO Is Richer Than Airtel Founder; Mukesh Ambani Richer Than Yemen!
Balkrishna had made his debut in the Hurun list last year at #25. But within a year, he is now India’s 8th wealthiest person with assets of Rs 70,000 crore.
SBI Slashes Minimum Balance To Rs 3000; Maintenance Charges Also Reduced
SBI have rolled back the minimum balance limit and maintenance charges they had hiked back in the month of May this year.
Airtel’s Unethical Ways To Open Payment Bank Attracts UIDAI Notice!
Airtel has been steadily adding customers to their Payments Bank. However, many have complained that Airtel opens their bank account unethically. UIDAI has now sent a notice to Airtel in this regards
Can GST Portal Handle 300 Crore Invoices/Month? 25 Issues Already Discovered!
With collections amounting to Rs 92,283 crore, GST is being hailed as a massive success. However, there are issues which are affecting the small trader.
GST Updates: UP Govt. Starts Portal For GST Complaints; Pune Traders Threaten Strike
After the rollout of GST, there have been several GST Complaints & updates related to this new tax structure, as taxpayers are warming up to the concept.
Tez, Google’s New Payment App Powered By UPI – Coming Soon!
The most fascinating fact is that Google Tez will not only work with UPI, but also support existing mobile wallets such as Paytm, Mobikwik and more.
India Post Will Convert 1.5 Lakh Post Offices Into Payments Bank Outlets
India Post has announced that they will transform each and every 1.55 lakh post offices into payments bank outlets which will work on Aadhaar-based banking.
Govt. Set To Ban 1 Lakh Directors Of Shell Companies!
This new attack on shell companies and their directors is being undertaken under Section 164(2)(a), which is even more lethal than Section 248 (5)
Maruti Is World’s 2nd Best Performing Auto Stock After Tesla
While Maruti Suzuki India has become world’s 2nd best performing auto stock, HDFC Bank briefly become India’s 2nd biggest company, beating TCS.
SBI Cards Launching Contactless Payments – Smartphone Is The New Card
SBi Cards Contactless Payments is a big push towards achieving the goal of a truly digital India. This is one more step towards a cashless future.
Paytm Payments Bank Offering RuPay Digital Debit Card – Some Comparisons
Paytm Payments Bank (PPB) has partnered with National Payments Corporation of India (NPCI) to launch their very own RuPay powered Paytm Digital Debit Card.