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GST collection jumps to Rs 1.13 lakh crore in April, the highest since its rollout

May 2, 2019 - by Mopick Staff - Leave a Comment

The GST collections in April jumped to its highest level of Rs 1,13,865 crore since its roll out in 2017. While collections have been gradually increasing since August, they hit …

GST collection jumps to Rs 1.13 lakh crore in April, the highest since its rollout Read More
Business

US-China trade war could have ‘big, negative impact’ on Singapore: PM Lee

April 19, 2018 - by Mopick Staff - Leave a Comment

Singapore is very vulnerable to an escalation of a trade dispute between the world’s two major economies, the United States and China, the city-state’s prime minister said in an opinion …

US-China trade war could have ‘big, negative impact’ on Singapore: PM Lee Read More
Business

Cash crunch could be superficial, says SBI BANK

April 19, 2018 - by Mopick Staff - Leave a Comment

The State Bank of India (SBI) on Thursday said that the current and sudden surge in Currency in Circulation (CIC) could be superficial. The leading Public Sector Bank (PSB) added …

Cash crunch could be superficial, says SBI BANK Read More
Business

Cab Ola plans to add 10,000 electric vehicles, mostly e-rickshaws in 12 months

April 16, 2018 - by Mopick Staff - Leave a Comment

SoftBank-backed cab aggregator Ola today said it plans to add 10,000 electric vehicles, a majority being e-rickshaws, to its platform over the next 12 months as part of its ‘Mission …

Cab Ola plans to add 10,000 electric vehicles, mostly e-rickshaws in 12 months Read More
Business

Cash Rs 6.21-billion fraud Case: CBI books former UCO Bank CMD Arun Kaul, others

April 15, 2018 - by Mopick Staff - Leave a Comment

he CBI has booked former chairman-cum-managing director of UCO Bank Arun Kaul and others in connection with an alleged Rs 6.21 billion loan fraud which has caused a loss of …

Cash Rs 6.21-billion fraud Case: CBI books former UCO Bank CMD Arun Kaul, others Read More
Business

As banks shy away from education loans, NBFCs see a lucrative opportunity

April 15, 2018 - by Mopick Staff - Leave a Comment

While public sector banks are facing high accretion of non-performing assets (NPAs) in the education loans, leading to a marked slowdown in growth, non-banking finance companies (NBFC) are expanding their …

As banks shy away from education loans, NBFCs see a lucrative opportunity Read More
Business

China hits U.S. goods with tariffs as ‘sparks’ of trade war fly

April 2, 2018April 2, 2018 - by Mopick Staff - Leave a Comment

BEIJING (Reuters) – China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between …

China hits U.S. goods with tariffs as ‘sparks’ of trade war fly Read More
Business

State Bank of India shuts 41.2 lakh sbi savings accounts for not keeping minimum balance

March 14, 2018 - by Mopick Staff - Leave a Comment

Indore: State Bank of India (SBI) has closed as many as 41.16 lakh savings accounts between April-January in the current fiscal year for not maintaining the minimum balance, reveals an …

State Bank of India shuts 41.2 lakh sbi savings accounts for not keeping minimum balance Read More
Business

Big Relief for Nirav Modi, USA court grants interim stay on debt collection against Firestar Diamond

March 3, 2018March 3, 2018 - by Mopick Staff - Leave a Comment

A US court today passed an interim order that prevents creditors from collecting debt from Nirav Modi-owned Firestar Diamond Inc which early this week filed for bankruptcy. Modi, who is …

Big Relief for Nirav Modi, USA court grants interim stay on debt collection against Firestar Diamond Read More
Business

No RBI extension of KYC for e-wallets like Paytm, link within Today if you want to keep using them

February 28, 2018February 28, 2018 - by Mopick Staff - Leave a Comment

In case you’ve not been following, today will be the last day to submit your KYC details to prepaid payment instrument (PPIs) like Paytm and Mobikwik. Despite requests to extend …

No RBI extension of KYC for e-wallets like Paytm, link within Today if you want to keep using them Read More

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