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Kolkata, 8th Dec (IANS): Chairman of the Empowered Committee of State Finance Ministers and member of the GST Council Amit Mitra on Thursday said the postponement of the Goods and Services Tax regime could be "an option" to stabilise the economy as it was badly hit due to demonetisation.
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New Delhi, 7th Dec (IANS): State-run oil marketers Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp on Wednesday signed an agreement to build India's biggest oil refinery at a cost of $30 billion.
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Mumbai, 7th Dec (IANS): Indian equity markets slumped on Wednesday after the Reserve Bank of India (RBI) decided to keep its key lending rates unchanged in its fifth bi-monthly monetary policy of 2016-17.
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New Delhi, 6th Dec (IANS): In a bid to expand the digital payments eco-system and facilitate the move towards cashless transactions, the government on Tuesday directed banks to install an additional one million new PoS terminals by end of the current fiscal.
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Bengaluru, 5th Dec (IANS): Surge in internet penetration, swelling millennial population and rising uptake of mobile phones would make India the second largest e-commerce market after China, overtaking the US by 2034, said a report by global payments leader Worldpay on Monday.
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