Finance - general
US Supreme Court limits SEC’s power to recover ill-gotten profits
06 Jun 2017
With the apex court’s decision, the 10th Circuit Court of Appeals ruling that ordered Charles Kokesh to pay $34.9 million in profits, allegedly misappropriated from four business development companies from 1995 to 2009, stands reversed
GST Council clears all rules; states agree on 1 July roll-out
03 Jun 2017
Biscuits to attract 18 per cent tax, footwear 5 per cent and gold 3 per cent, as GCT Council finalises rates and rules
People more likely to seek friends’ advice for money decisions rather than “robo-advice”
31 May 2017
Demonetisation made economy leaner by Rs5,00,000 cr: report
25 May 2017
The Indian economy is running with Rs5,00,000 crore less of cash than would have been present in the economy in the absence of demonetisation
GST to bring down prices of smartphones and medical devices
23 May 2017
The present total tax incidence on smart phones works out to more than 13.5 per cent against 12 per cent proposed in GST, while medical devices will see a lower tax burden with 12 per cent GST rate against the current incidence of over 13 per cent
GST Council finalises tax rates for services
19 May 2017
Education and healthcare will be fully exempt from GST, while a 5 per cent tax will be levied on services like cab aggregators, 18 per cent tax on telecom and financial services and 28 per cent rate on services like race clubs, betting and cinema halls
GST to make essentials cheaper; luxury items to attract 28% tax
19 May 2017
With no tax on essentials such as cereals, foodgrains, milk and jaggery, 5 per cent tax on items like sugar, tea, coffee, edible oil and coal and a maximum 18 per cent levy on hair oil, toothpaste and soap, GST is expected to push down prices and inflation
An overview of GST
26 Apr 2017
GST to have twin rate structure for services
26 Apr 2017
Revenue secretary Hasmukh Adhia has dismissed fears that GST implementation will lead to a spurt in inflation as, unlike other countries with a single point tax system, in India there are multiple points of taxation
GAAR is here, govt unlikely to delay it further
22 Apr 2017
The taxes will be imposed at 50 per cent of the domestic rate of capital gains tax on foreign investments made from 1 April 2017 until 31 March 2019, and at full rate thereafter
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation