As the Reserve Bank of India (RBI) on Thursday released its fifth bi-monthly monetary policy statement for 2019-20, Tweeple offered mixed responses to the development. The RBI's Monetary Policy Committee (MPC) led by Governor Shaktikanta Das decided to keep policy repo rate unchanged at 5.15 per cent whereas analysts were expecting another 25 basis points cut.Read News

A survey by the All India Trade Union Congress (AITUC) in July found that a fifth of India's 63 million small businesses – contributing 32 percent to the economy and employing 111 million people - faced a 20 percent fall in profits since the GST rollout, and had to sack hundreds of thousands of workers.Read News

It was not very long ago that the daily dose of entertainment for the average Indian household came from the soaps that ran like clockwork at dinner time. Now, it is not uncommon to find those rituals replaced with discussions of the latest show on Netflix.Read News

Home buyers who had pinned high hopes on GST for reduction in property prices are disappointed as the overall cost of a property purchase has not come down - rather, in some cases, it has gone up. Amidst teething troubles and glitches in the implementation framework, the landmark reform of Goods & Services Tax (GST), ushering in a unified tax regime, has helped in speeding up real estate recovery Read News

Touted as the biggest economic reform since Independence, the Goods and Services Tax (GST) was supposed to replace the complex indirect tax system prevalent in the country with a more simplified, uniform regime. Read News

For PR professionals in India the name 'Yogesh Joshi' evokes much admiration. They know him as the man who showed them how to reach for the stars, and demonstrated that being 'Indian' and being 'world-class' are not mutually exclusive.Read News

Parliament today passed the Payment of Gratuity (Amendment) Bill, which sought to double the ceiling of tax-free gratuity to Rs 20 lakh and also empower the government to fix tax-free gratuity amount as well as period of maternity leave with an executive order. The Bill was passed by the Rajya Sabha today, while Lok Sabha had already passed it last week.Read News

In the past three decades, technological advances have made engine failures a rare occurrence, with only about 25 (in multi-engine aircraft) a year worldwide, or one engine failure for every million flights.Read News

Bankers across India were probably blinded by the glitter of jewels and the glib charm of Mehul Choksi. By the time they sensed that Gitanjali Group, Choksi's empire, was a smoking gun, it was too late. Nirav Modi knows who's to blame for the losses faced by public-sector lenders due to the Rs 114-billion scam at Punjab National Bank (PNB). Read News

No investor will venture into a business if no profit is envisioned. Private Hospitals are business establishments and it would be naïve to expect them to be just philanthropic non-profit organizations.Read News