Business

gstr9 and gstr9c 2019-20 due date

GSTR9 due date extended for FY20 till March 31

The government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to March 31.

Mukesh Ambani overtakes China's Zhong Shanshan to become richest Asian

Reliance Industries Chairman Mukesh Ambani has once again become the wealthiest person in Asia after China's Zhong Shanshan lost $22 billion this week, according to Bloomberg Billionaires Index.

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India out of recession; worst over for economy: CEA KV Subramanian

CEA K V Subramanian speaks to Rajdeep Sardesai on the Indian economy and how we are emerging out of the recession that was caused by this unprecedented pandemic. As per government data, India's GDP increased 0.4 per cent during the third quarter ended December 31, 2020.

Rupee logs worst day in nearly 19 months, dives 104 paise against USD

In its biggest single-day fall in nearly 19 months, the Indian rupee tumbled 104 paise to close at 73.47 against the US dollar as a rout in global bond markets weighed on investor sentiments.

India's GDP grows by 0.4% in 3rd quarter, exits contraction phase

The Indian economy has finally bounced back into growth territory in the October-December period after two consecutive quarters of GDP contractions. Official data released by the government showed that the GDP has grown 0.4 per cent in the December quarter.?

Eight core industries' output up 0.1% in January

The output of eight core infrastructure sectors grew marginally by 0.1 per cent in January.

Indian shares sink ahead of GDP data; financials, ONGC weigh

The blue-chip NSE Nifty 50 index shed 3.76% to close at 14,529.15, while the benchmark S&P BSE Sensex ended 3.80% lower at 49,099.99. Both indexes fell as much as 4.2% earlier in the day, and posted their worst session since early May last year.

Bharat Bandh today: Why are trade and transport associations protesting

A large number of traders and transporters across the country are observing a strike today in view of the ‘Bharat Vyapar Bandh’. Here is why they have called for the bandh:

Q3 GDP numbers today: Will economy grow after shrinking for 2 quarters?

The government will release official GDP data for the third quarter later in the day. Will India's economy return to growth after shrinking for two consecutive quarters? Here is what projections by research firms and economists indicate:

Zomato increases delivery partner fee to accommodate fuel price hike

Zomato founder and Chief Executive Officer Deepinder Goyal said the company had increased the pay structure for its delivery partners by 7-8 per cent.

Sensex, Nifty end higher for 3rd consecutive session as energy stocks gain

The NSE Nifty 50 index ended 0.77% higher at 15,097.35 and the S&P BSE?Sensex?closed up 0.51% at 51,039.31, ahead of December-quarter gross domestic product data due on Friday.

Is RBI Governor’s concern about cryptocurrency justified?

RBI Governor Shaktikanta Das recently expressed concern regarding cryptocurrency trade. He said that crypto trade can have an adverse impact on financial stability. Is his concern justified? Here is all you need to know:

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