Business

Nowadays owning a home is a basic necessity and thus availing a home loan is one of the most important finance decisions an individual makes.

The Council, chaired by Finance Minister Arun Jaitley and comprising his state counterparts, is also expected to finalise a simplified return filing procedure for businesses registered under Goods and Services Tax (GST) regime.

When asked what would be impact of the US duty hike on India, the commerce secretary said "of course" there would be some impact as India is an exporter.

The anti-trust watchdog criticised the airlines for using fuel surcharge as a pricing tool which was essentially introduced to mitigate the fuel price volatility.

The government in its budget last month announced a fiscal deficit target of 3.3 percent of the gross domestic product for 2018/19 fiscal year starting April, higher than its previous target of 3.0 percent.

US President Donald Trump's ranking on the list fell to 766th place from 544th in the last edition, his wealth now being estimated at $3.1 billion, $400 million less than a year ago.

The domestic unit moved between 64.92 and 64.87 at the interbank forex market in early trade.

Indian Electrical and Electronics Manufacturers' Association (IEEMA) Vice President Harish Agarwal said if the industry gets its international efforts right, they expect that in 7-8 years it could become a US$ 100 billion industry.

The amount that state agencies guarantee to buy at pre-set prices will double to 190 billion rupees ($2.9 billion) for a five-year period ending in 2021/22, government spokesman Frank Noronha said in a tweet.

Today's pricing revision comes after three consecutive revisions in the rates by the lender on bulk term-deposits in the past three months.

Berlin-based PTScientists is working with Vodafone Germany and Audi on the project while Vodafone has appointed Nokia as its technology partner for the 4G network.

The direction comes amid state-owned lender Punjab National Bank (PNB) reporting Rs 12,700 crore fraud through alleged misuse of letters of undertaking (LoUs) by billionaire jeweller Nirav Modi and associates.

On Monday, the rupee had lost 6 paise to end at 64.79 against the US currency due to fag-end dollar demand from importers and corporates.

In what has been dubbed the biggest loan fraud in India's banking history, police have so far arrested at least a dozen people - six from the bank and six more from Modi's and Choksi's companies.

"We have followed lawful avenues available to us as per law of the land to recover our dues," the bank said in a regulatory filing.

NSE Nifty also reclaimed the 10,400-mark rising 65.70 points, or 0.63 per cent, to 10,426.10. The BSE 30-share barometer gained 207.77 points, or 0.61 per cent, to 33,911.36. The gauge had lost 593.88 points in the previous three sessions.