The News Scroll 04 May 2018  Last Updated at 7:34 pm | Source: PTI

Business Highlights

Business Highlights
outlookindia.com
1970-01-01T05:30:00+0530

New Delhi, May 4 (PTI) Following are the top business stories till 1900 hrs today:

DEL34 BIZ-LD GST

New Delhi: The GST Council today veered around to giving up to Rs 100 incentive for digital payments for purchases by consumers, approved a new model for single monthly return and decided to turn the GSTN into a government-owned entity.

DEL26 BIZ-LD STOCKS

Mumbai: Benchmarks extended their slide for the second session today, suffering their first weekly drop in six, as lacklustre global cues and less-than-stellar earnings compelled investors to unwind bets.

DEL32 BIZ-GST-SUGAR CESS

New Delhi: The GST Council today decided to refer to a five-member committee of state finance ministers the proposal of levying cess on sugar as the Centre seeks to raise additional resources for providing production subsidy worth Rs 1,540 crore to cane farmers.

BOM8 BIZ-FOREX-RESERVES

Mumbai: The country's foreign exchange reserves fell by USD 3.216 billion to USD 420.366 billion in the week to April 27 due to a fall in foreign currency assets, RBI data showed today.

DCM54 BIZ-TELCOS-REVENUE

New Delhi: The telecom sector's gross revenue fell by 8.56 per cent to Rs 2.55 lakh crore in 2017, resulting in a notable decline in government collections in form of licence fee and spectrum usage charges, showed data released by Trai today.

DEL5 BIZ-BULLION-CLOSE

New Delhi: Gold prices fell by Rs 20 to Rs 31,980 per 10 grams at the bullion market today on easing demand from local jewellers along with subdued global cues, extending its fall for the third straight day.

DCM64 BIZ-TELECOM-NTP

New Delhi: The new telecom policy is likely to be rolled out by next month, Telecom Secretary Aruna Sundararajan said today.

DCM51 BIZ-SEBI-BOURSES-TRADING

New Delhi: Markets regulator Sebi today allowed exchanges to extend the trading time for equity derivatives till 11.55 pm from October 1.

DCM7 BIZ-SERVICES GROWTH

New Delhi: India's services sector continued to improve in April, mainly spurred by increased business activities, and job-creation accelerated at the fastest pace in more than seven years, a monthly survey said today.


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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