For the fiscal year ended March, 2016, Indian public sector bans wrote off Rs 59,547 crore, while in the three fiscal years prior to that (FY13, 14 and 15) banks had together written off Rs 1.14 lakh crore of loans The post Exclusive: Actual bad loans about ... First Post.com, 3 weeks ago
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RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent. Revised Estimates of gross domestic product for 2015-16, released by the Central Statistics Office, show that the economy grew 7.9 per cent in 2015-16, rather than the earlier estimate of 7.6 per cent. Gross value added (GVA), which excludes product taxes and subsidies, grew by an even bigger magnitude. GVA in 2015-16 is now estimated to have grown by 7.8 per cent, up from ...Rediff.com, 3 weeks ago
Goods and Services Tax Network (GSTN), the entity tasked with providing network support to the proposed goods and services tax (GST) regime, has rejected the charge of evading or non-payment of service tax. It faces an enquiry by the tax department, which has ...The Financial Chronicle, 1 month ago
Infosys, India’s second largest software services provider, has hogged headlines over issues raised by the founders on governance, especially on the severance package offered to a few executives and the pay hike to its CEO Vishal Sikka. Though on the ...The Financial Chronicle, 1 month ago
M-wallet transactions in India are likely to grow at a compounded annual growth rate (CAGR) of over 160 per cent to rise from just over half a billion in FY16 to 260 billion by FY22 driven by growing usage of smartphones, robust mobile internet penetration, ...The Financial Chronicle, 2 months ago
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