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People Converting Black Money Into White Not To Be Spared, Says Government

In a stern warning to black money hoarders, the Finance Ministry on Friday said those indulging in money laundering activities and converting their ill-gotten money into white will not be spared as law-enforcement agencies are already chasing such trails

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NPS Gets A Facelift. How Good Is It, Really?

Under the NPS, investors have the choice of defining their own asset allocation or choosing a “Life Cycle Fund” that puts their asset allocation on auto-pilot

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Sensex Plunges 200 Points On Capital Outflows, Asian Cues

Extending its losses for the second session, the Sensex dropped by nearly 200 points in early trade on Friday on sustained selling by foreign funds and retail investors amid weak Asian cues

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GST Council To Discuss Model Laws, Tax Jurisdiction Friday

The all-powerful GST Council at its two-day meeting beginning Friday will dwell on the issue of jurisdiction over assessees and draft model laws for implementation of the new GST regime from April next year

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Crisil Slashes GDP Growth By 100 Basis Points To 6.9% For FY17

The agency also said it expects the consumer price index-based inflation to print lower at 4.7 per cent as compared to its earlier estimate of 5 per cent

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GST, Currency Change To Be Game Changers For Economy, Says Arun Jaitley

Rejecting apprehensions that the Indian economy would suffer due to demonetisation, Finance Minister Arun Jaitley on Thursday termed as "game changers" the pulling out of high-value old notes as well as Goods and Services Tax, which is proposed to be rolled out from April 1

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Cash Shortage May Slowdown GDP To 6.5% In October-December Quarter: Nomura

Cash crunch post demonetisation is expected to slowdown India's GDP growth to 6.5 per cent for the fourth quarter of 2016 and is likely to spill over into the first quarter of 2017, says a report

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HSBC Issues ‘Red Alert’ On Global Equities. What Should Indian Investors Do Now?

Equity Mutual Fund SIP investors should continue running their long-term SIPs. If a correction were to come, it would in fact represent a fantastic opportunity for unit accumulation at depressed prices

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Sensex Snaps 4-day Winning Spree As Investors Lock In Gains

After four days of gains, markets succumbed to profit-booking on Thursday, with the Sensex slipping 93 points to finish at 26,559, pressured by sustained foreign capital outflows amid mixed macro indicators

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Government Officials Propose Break-up Of Coal India

Senior government officials tasked by the prime minister with reviewing energy security are recommending the break up of the country's coal monopoly, Coal India, within a year

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