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GST on 33 Cancer Drugs, Rare Disease Medicines Slashed to 0 From 12 PV: FM Sitharaman

New Delhi: In a historic move, the Union government has slashed the Goods and Services Tax (GST) rates for 33 cancer drugs and rare medicines — from 12 to zero per cent. The decision taken by the GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday, rationalised the indirect tax structure, cutting the current

No GST On Life And Health Insurance Premiums From Sep 22

New Delhi: In a significant development for policyholders, GST on individual health and life insurance premiums, which currently stands at 18 per cent, has been reduced to nil in the 56th GST Council meeting, and will come into effect starting September 22. Finance Minister Nirmala Sitharaman said the move will make insurance more affordable for

Qatar Ready To Step Up Investments in India

New Delhi: India and Qatar held a high-level meeting here on Thursday focused on the opportunities for enhancing Qatari investments in India, especially in sectors like infrastructure, advanced manufacturing, transport, logistics, food processing, health, semiconductors, and finance. The discussions were held to move ahead with the commitment of Qatar to invest $10 billion and open

After SBI, Bank of India Tags Anil Ambani, RCom Accounts As ‘Fraud’

Mumbai: Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India (BOI) has also classified the loan accounts of the company, its promoter Anil Ambani, and Reliance Telecom as fraudulent, the company informed stock exchanges on Sunday. The bank has alleged diversion of funds and violation

Global Cues, Fed Rate Cut Signals Among Major Factors to Drive Indian Stock Market Next Week

Mumbai: The coming week will be crucial for the Indian stock market as global developments, US interest rate signals, industrial output data, and foreign investment trends are expected to drive market sentiment. In his speech at the Jackson Hole symposium, US Federal Reserve Chairman Jerome Powell hinted at a possible interest rate cut. This triggered

Delhi CM Attack: Police Detain Rajesh Khimji’s Friend Who Transferred Money

New Delhi: As the investigation into the attack on Delhi Chief Minister Rekha Gupta continues, police have detained a friend of the accused, Rajesh Khimji, from Rajkot. According to Delhi Police, several of his friends and relatives are being questioned. The police have detained one of his friends from Rajkot, who allegedly transferred money to

Only 1.69 PC of Rs 2,000 Banknotes Worth Rs 6,017 Crore Yet To Return to RBI: Minister

New Delhi: Only 1.69 per cent of the Rs 2,000 banknotes were yet to be returned to the Reserve Bank of India (RBI) from circulation (as on July 31), the Parliament was informed on Monday. As per the Reserve Bank of India (RBI), the total value of Rs 2,000 banknotes in circulation, which was Rs

GST Reforms Booster: Sensex Surges 676 Points, Nifty Gains 245 Points

Mumbai: The Indian stock market ended the session in green on Monday after heavy buying in auto, banking and consumer durable stocks, amid the positive sentiment around upcoming GST reforms. Sensex closed at 81,273.75, up 676.09 points or 0.84 per cent. The 30-share index opened the session with a huge gap-up at 81,315.79 against last

Mumbai Businessman Duped of Lakhs in PM Mudra Yojana Loan Scam; Case Registered

Mumbai: A shocking case of cyber fraud has emerged from the Malad area of Maharashtra’s Mumbai, where three cyber fraudsters allegedly cheated a local businessman of lakhs by falsely promising a loan under the Pradhan Mantri MUDRA Yojana (PMMY). The accused, identified as Nitin Kumar, Ashwin Kumar, and Dayashankar Mishra, have been booked by the

Banks to Clear Cheques Within Few Hours Starting October 4: RBI

Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 — down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and pass cheques within a few hours and continuously during business

Tag: finance

GST on 33 Cancer Drugs, Rare Disease Medicines Slashed to 0 From 12 PV: FM Sitharaman

No GST On Life And Health Insurance Premiums From Sep 22

Qatar Ready To Step Up Investments in India

After SBI, Bank of India Tags Anil Ambani, RCom Accounts As ‘Fraud’

Global Cues, Fed Rate Cut Signals Among Major Factors to Drive Indian Stock Market Next Week

Delhi CM Attack: Police Detain Rajesh Khimji’s Friend Who Transferred Money

Only 1.69 PC of Rs 2,000 Banknotes Worth Rs 6,017 Crore Yet To Return to RBI: Minister

GST Reforms Booster: Sensex Surges 676 Points, Nifty Gains 245 Points

Mumbai Businessman Duped of Lakhs in PM Mudra Yojana Loan Scam; Case Registered

Banks to Clear Cheques Within Few Hours Starting October 4: RBI

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