Digital payment bound to pick up with new technology: Jaitley

Digital payment bound to pick up with new technology: Jaitley

Finance minister Arun Jaitley on Monday expressed hope that digital payment is going to pick up momentum with more advanced technology coming into the market. A lot of people went in for digitisation in terms of mode of payment more...
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Centre eyes cuts in spending as glitches in GST hit revenue

Centre eyes cuts in spending as glitches in GST hit revenue

India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government’s budget calculations, two finance ministry officials said. Tax receipts were about...
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Asia shares fall after North Korea’s latest missile launch

Asia shares fall after North Korea’s latest missile launch

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Chinese bitcoin exchange announces it is ending trading

Chinese bitcoin exchange announces it is ending trading

One of China’s biggest bitcoin exchanges says it will end trading after news reports regulators have ordered all Chinese exchanges to close caused the price of the digital currency to plunge. BTC China said on its website it will “stop...
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Airbus faces lengthy probe, no quick fine: Sources

Airbus faces lengthy probe, no quick fine: Sources

Airbus faces years of investigation by French and UK authorities into allegations of corruption over jet sales, people familiar with the case said on Friday, playing down a newspaper report of a potentially rapid settlement. The London-based Evening Standard r...
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Consider service charge by hotels as income: Paswan to CBDT

Consider service charge by hotels as income: Paswan to CBDT

With some hotels and restaurants still levying service charge, the consumer affairs ministry has asked the Central Board of Direct Taxes (CBDT) to consider service charge as income while assessing the tax returns. At present, some hotels and restaurants are...
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