The Cabinet is believed to have asked the Department of Telecom to examine imposing a Swachch Bharat cess on spectrum charges paid annually by service providers.
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Property sold via HDFC Realty for Rs 58 cr; 60 properties on sale via e-auction
'A fortnight ago, I met her and Boney.' 'We were laughing and joking and counting our blessings.'
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Chirag Mehta, senior fund manager -- alternative investments at Quantum AMC, shares his views.
Shiv Sena has named Eknath Shinde as its candidate for leader of opposition in the Maharashtra assembly, signalling a complete breakdown of talks with the BJP. Rediff.com's Prasanna D Zore reports
'A bit of marketing, a bit of positioning, and a lot of strategic thinking is required, and all this should be in aid of India's strategic intent: Becoming the third pole in a global G3 and aiming for Numero Uno,' says Rajeev Srinivasan.
More punitive action was needed against the company and the management, say experts
A moderate GST rate obviates the need for the two-rate structure.
The Bharatiya Janata Party's vision document for Bihar promises to shower freebies on all sections of society if comes to power.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
'It is a tense border and there are numerous elements that keep these tensions alive.' 'India is willing to militarily respond if provoked.'
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
'Whatever good he did, all his achievements were overshadowed by the perception of corruption and other things.'
India is playing its South China Sea card by restarting oil exploration off Vietnam coast despite China's objections as a calculated geopolitical move to force Beijing to make "compromises" on border issue and its close ties with Pakistan, a state-run Chinese think-tank has said.
Follow these and the your chances of earning higher returns will improve...
The entire 'teaser rate' phenomenon only ended up benefiting lenders and developers at the cost of the loan consumers.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
The message to bankers from Raghuram Rajan was clear.
Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.
In case the repo rate keeps trending downwards, borrowers can expect a downward revision of their MCLR-linked loans.
The truce, even if it is not permanence peace, will come under stress and test during the pending polls to rural local bodies in nine revenue districts and urban polls across the state, including those for 16 municipal corporations, starting with Chennai, the oldest and largest, says N Sathiya Moorthy.
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
'Friday's parliamentary confrontation obviously was a precursor, or a trailer, to use a pop culture reference, to the real show awaiting the nation,' says Saisuresh Sivaswamy.
Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.
Here's what's in it for you!
Last minute tips to ace the Common Written Examination for probationary officers for public sector banks.
Depending on your liquidity requirement, invest in the right debt instruments.
The Russian Grand Prix could become a night race as early as 2017, according to Formula One supremo Bernie Ecclestone and organisers.
It will bring down the cost of a second house because of tax benefits and price appreciation
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