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Union finance minister Nirmala Sitharaman is chairing the meeting. (Twitter@FinMinIndia)

GST Council meet begins: Focus on aid for Covid drugs, petrol under tax regime

By hindustantimes.com | Written by Sohini Goswami, New Delhi
PUBLISHED ON SEP 17, 2021 01:44 PM IST
The 45th meeting of the council, chaired by Sitharaman and comprising state finance ministers, is the first physical meeting since the onset of the coronavirus pandemic.
Representational Image. (File photo)
Representational Image. (File photo)

Why World Bank junked its ease of doing business rankings

By Zia Haq
UPDATED ON SEP 17, 2021 01:24 PM IST
The rankings have acquired the status of a prestige tag for emerging economies and are a key influencer of wide-ranging policies. External probe points to scam to push China and Saudi Arabia up; implicates former top officials
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Friday, Sep 17, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Friday, Sep 17, 2021

Indian spot gold rate and silver price on Friday, Sep 17, 2021

By HT Analytics
PUBLISHED ON SEP 17, 2021 10:02 AM IST
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Sep 17, 2021
Paras Defence IPO is expected to fetch <span class='webrupee'>₹</span>170.7 crore at the upper end of the price band.&nbsp;(Representative Image)
Paras Defence IPO is expected to fetch 170.7 crore at the upper end of the price band. (Representative Image)

Paras Defence IPO to open on Sep 21. 10 things to know

By hindustantimes.com | Written by Meenakshi Ray, New Delhi
PUBLISHED ON SEP 17, 2021 09:29 AM IST
Paras Defence said that proceeds of the fresh issue would be used to fund capital expenditure requirements, support incremental working capital needs and repayment or prepayment of loans availed by the company.
The GST Council meeting will be chaired by Union finance minister Nirmala Sitharman.&nbsp;(PTI File Photo)
The GST Council meeting will be chaired by Union finance minister Nirmala Sitharman. (PTI File Photo)

GST Council meeting today; may bring diesel, petrol under tax regime

By hindustantimes.com | Written by Meenakshi Ray, New Delhi
PUBLISHED ON SEP 17, 2021 06:57 AM IST
The GST Council may also consider extending the tax concessions on 11 Covid drugs till December 31 and is likely to discuss a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy 5 per cent GST on supplies made by them.
Zomato had launched the pilot grocery delivery service in July this year in select markets offering grocery delivery within 45 minutes to its customers.&nbsp;(File Photo / REUTERS)
Zomato had launched the pilot grocery delivery service in July this year in select markets offering grocery delivery within 45 minutes to its customers. (File Photo / REUTERS)

Zomato to stop grocery delivery from today over ‘gaps in order fulfilment’

Written by Joydeep Bose | Edited by Meenakshi Ray, Hindustan Times, New Delhi
PUBLISHED ON SEP 17, 2021 05:30 AM IST
Zomato, however, has invested USD 100 million (around 745 crore) for acquiring a minority stake in Grofers, an online platform dedicated to grocery delivery.
Ashwini Asokan, co-founder and CEO of Mad Street Den and Geeta Manjunath, founder and CEO of Niramai in conversation with Leslie D’Monte, executive editor, Mint.&nbsp;(Mint Print)
Ashwini Asokan, co-founder and CEO of Mad Street Den and Geeta Manjunath, founder and CEO of Niramai in conversation with Leslie D’Monte, executive editor, Mint. (Mint Print)

‘It is really important to innovate far ahead of time’

By , Livemint, New Delhi
PUBLISHED ON SEP 17, 2021 01:10 AM IST
  • The focus on innovation helped script the success story, entrepreneurs said at the inaugural edition of HT NxT that seeks to identify key emerging industry trends and address the challenges.
The 30-share index climbed 417.96 points or 0.71% to close the day at a record 59,141.16.&nbsp;(Bloomberg)
The 30-share index climbed 417.96 points or 0.71% to close the day at a record 59,141.16. (Bloomberg)

Markets touch record high, Sensex closes in on 60k

By Nasrin Sultana, Livemint, Mumbai
PUBLISHED ON SEP 17, 2021 12:55 AM IST
  • Despite the sharp rally in the past year, analysts said the markets may go even higher.
The MPC framework is aimed at reducing the Reserve Bank of India’s discretion in setting monetary policy.(Mint Print)
The MPC framework is aimed at reducing the Reserve Bank of India’s discretion in setting monetary policy.(Mint Print)

RBI’s independent push to set reverse repo draws flak

By Puja Mehra, Livemint, Mumbai
PUBLISHED ON SEP 17, 2021 12:48 AM IST
  • Two former finance secretaries said the move encroaches on the remit of the MPC
Facebook said it will begin testing the ability for brands to send emails through Facebook Business Suite.(Reuters)
Facebook said it will begin testing the ability for brands to send emails through Facebook Business Suite.(Reuters)

Facebook rolls out new messaging, business tools for brands

Reuters |
PUBLISHED ON SEP 16, 2021 11:14 PM IST
Businesses will now be able to add a button on their Instagram profiles to let people send a WhatsApp message to the company with one click.
Leslie D'Monte (Tech Editor, Mint) in coversation with Ashwini Asokan (top right)- Co founder and CEO of Mad Street Den and Dr Geetha Manjunath (bottom right)- Founder and CEO of Niramai(Screengrab)
Leslie D'Monte (Tech Editor, Mint) in coversation with Ashwini Asokan (top right)- Co founder and CEO of Mad Street Den and Dr Geetha Manjunath (bottom right)- Founder and CEO of Niramai(Screengrab)

How to create a successful startup? Learn from these women entrepreneurs

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
PUBLISHED ON SEP 16, 2021 06:08 PM IST
HT NxT, a thought leadership programme, is being held virtually for the first time. The theme for the inaugural year is 'Leading the change'.
Naveen Tewari, the chief executive officer (CEO) of InMobi.&nbsp;(Screengrab)
Naveen Tewari, the chief executive officer (CEO) of InMobi. (Screengrab)

'Be wild, have audacious plans': Naveen Tewari's mantra for entrepreneurs

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
UPDATED ON SEP 16, 2021 05:38 PM IST
Naveen Tewari, the CEO of InMobi, took part in HT Nxt, a first-of-its-kind platform that is bringing together the Next-Gen leaders & newsmakers to discuss pertinent issues and offer innovative solutions for a better tomorrow.
HT NxT, a thought leadership programme, is being held virtually for the first time.
HT NxT, a thought leadership programme, is being held virtually for the first time.

‘Everything else is commodity’: InMobi's Tewari says focus should be on people

By hindustantimes.com | Edited by Kunal Gaurav, Hindustan Times, New Delhi
PUBLISHED ON SEP 16, 2021 05:27 PM IST
  • Tewari said things started to change for the InMobi group when the Bengaluru-based advertising technology company turned its focus towards its people.
Dr Navin Dang, director of Dangs Lab and Dr Arjun Dang, the CEO of Dangs Lab addressing the third session.&nbsp;
Dr Navin Dang, director of Dangs Lab and Dr Arjun Dang, the CEO of Dangs Lab addressing the third session. 

HT NxT 2021 Day 2 highlights: 5 entrepreneurs talk about startup challenges

By hindustantimes.com | Written by Poulomi Ghosh
UPDATED ON SEP 16, 2021 06:45 PM IST
Naveen Tewari, Dr Geetha Manjunath, Ashwini Asokan, Dr Navin Dang, Dr Arjun Dang were the speakers on the second day of HT-NxT.
BSE Sensex hit a historic high of 58,907, while the Nifty 50 index surged to a new lifetime high of 17,576.(MINT)
BSE Sensex hit a historic high of 58,907, while the Nifty 50 index surged to a new lifetime high of 17,576.(MINT)

Sensex touches new high as it closes at 59,141 points; Nifty tops 17,600

PTI |
UPDATED ON SEP 16, 2021 04:03 PM IST
  • The 30-share index climbed 417.96 points or 0.71 per cent to close at 59,141.16. It touched an intra-day record of 59,204.29.
BSE Sensex hit a historic high of 58,907.78, while the Nifty 50 index surged to a new lifetime high of 17,576.90.(ANI Photo)
BSE Sensex hit a historic high of 58,907.78, while the Nifty 50 index surged to a new lifetime high of 17,576.90.(ANI Photo)

Sensex hits 59,000, Nifty scales lifetime high, nears 17,600

Written by Susmita Pakrasi | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON SEP 16, 2021 12:44 PM IST
  • Private banks jumped as much as 1.3% to their highest in over six months. IndusInd Bank was the top gainer in the Sensex pack, rising nearly 3%, followed by Tata Steel, ITC, HCL Tech, SBI, Bajaj Finserv, Kotak Bank and Bharti Airtel.
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Thursday, Sep 16, 2021
Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Thursday, Sep 16, 2021

Indian spot gold rate and silver price on Thursday, Sep 16, 2021

By HT Analytics
PUBLISHED ON SEP 16, 2021 10:02 AM IST
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Thursday, Sep 16, 2021
The report said that India “suffered a contraction” of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.
The report said that India “suffered a contraction” of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.

India expected to grow at 7.2% in 2021: UN report

PTI | , United Nations
PUBLISHED ON SEP 16, 2021 09:25 AM IST
After a 3.5 per cent fall in 2020, the United Nations Conference on Trade and Development (UNCTAD) expects world output to grow 5.3 per cent this year, partially recovering the ground lost in 2020.
HT Nxt, a first-of-its-kind platform to bring together next-gen leaders and impactful newsmakers.(HT File)
HT Nxt, a first-of-its-kind platform to bring together next-gen leaders and impactful newsmakers.(HT File)

Day 2 today: Hear from top minds in entrepreneurship

By hindustantimes.com, New Delhi
PUBLISHED ON SEP 16, 2021 12:51 AM IST
  • In the three sessions beginning at 5pm, the panel members are expected to discuss the pertinent ideas, harness collective knowledge and experiences, and frame innovative solutions for a better future.
Sridhar Vembu, co-founder and chief executive at Zoho(Mint File)
Sridhar Vembu, co-founder and chief executive at Zoho(Mint File)

Zoho to hire up to 2,000 people for rural offices

By Ayushman Baruah, Livemint, Bengaluru
PUBLISHED ON SEP 16, 2021 12:44 AM IST
  • Zoho Desk, the company’s customer support software, was developed and launched from the Tenkasi office in 2016. The Tenksai office currently has about 500 employees.
For a formal approval, the matter will be placed in the 45th meeting of the GST Council in Lucknow on September 17(AFP)
For a formal approval, the matter will be placed in the 45th meeting of the GST Council in Lucknow on September 17(AFP)

Govt may waive GST in border mkt

By Rajeev Jayaswal, Hindustan Times, New Delhi
PUBLISHED ON SEP 16, 2021 12:37 AM IST
  • At present, there are four operational ‘haats’ along the India-Bangladesh border. Two of them are located in Meghalaya and two are located in Tripura.
The carmaker announced that the Astor will be displayed in the company’s showrooms from September 19.(Mint File)
The carmaker announced that the Astor will be displayed in the company’s showrooms from September 19.(Mint File)

MG Astor could soon bring in dashboard payments feature

By Prasid Banerjee, Livemint, New Delhi
PUBLISHED ON SEP 16, 2021 12:18 AM IST
  • The Chinese-owned British carmaker announced that the Astor will be displayed in the company’s showrooms from September 19, and bookings will begin shortly.
The scheme will create additional employment opportunities for over 750,000 people.&nbsp;(Mint)
The scheme will create additional employment opportunities for over 750,000 people. (Mint)

Biden admin pressing India to resume export of Covid vaccines: Report

By HT Correspondent, Hindustan Times, New Delhi
UPDATED ON SEP 16, 2021 12:11 AM IST
  • The PLI scheme for the auto industry will lead to investment of over 42,500 crore
The high-profile Ola founder Bhavish Aggarwal hopes to make 10 million vehicles annually by the summer of 2022.(Bloomberg)
The high-profile Ola founder Bhavish Aggarwal hopes to make 10 million vehicles annually by the summer of 2022.(Bloomberg)

Ola selling 4 electric scooters per second, says company co-founder

By hindustantimes.com | Edited by Kunal Gaurav, Hindustan Times, New Delhi
PUBLISHED ON SEP 15, 2021 11:14 PM IST
Customers need to pay an advance of 20,000 for purchasing Ola S1/Ola S1 Pro and the rest of the amount before the shipment.
Air India has been in losses since 2007.
Air India has been in losses since 2007.

Tata Sons, SpiceJet promoter bid for Air India

By hindustantimes.com | Written by Poulomi Ghosh
PUBLISHED ON SEP 15, 2021 06:34 PM IST
The new owner of Air India will have to absorb 23,286.5 crore while the rest would be transferred to Air India Assets Holding Ltd, a special purpose vehicle.
Union telecom minister Ashwini Vaishnaw(ANI Photo)
Union telecom minister Ashwini Vaishnaw(ANI Photo)

100% FDI in telecom sector via automatic route allowed: Union minister

Written by Harshit Sabarwal | Edited by Avik Roy, New Delhi
PUBLISHED ON SEP 15, 2021 04:21 PM IST
Addressing a press briefing, Union telecom minister Ashwini Vaishnaw said, “In the telecom sector, there was a 100% FDI but only 49% of it was in the automatic route. Today, the cabinet has decided that 100% FDI in telecom via the automatic route has been allowed. All safeguards including press note 3 and others will be applicable.”
The Cabinet took some decisions to bring in reforms in the telecom sector.&nbsp;(Reuters file photo)
The Cabinet took some decisions to bring in reforms in the telecom sector. (Reuters file photo)

All KYC for mobile connections to be digitised: Cabinet clears telecom reforms

By hindustantimes.com | Written by Poulomi Ghosh
PUBLISHED ON SEP 15, 2021 04:00 PM IST
No separate KYC required to switch from prepaid to postpaid or vice versa.
Sensex up by 476 points, closes at 58,723; Nifty settles above 17,500(File Photo)
Sensex up by 476 points, closes at 58,723; Nifty settles above 17,500(File Photo)

Sensex up by 476 points, closes at 58,723; Nifty settles above 17,500

PTI | , Mumbai
UPDATED ON SEP 15, 2021 04:07 PM IST
The 30-share index settled 476.11 points or 0.82% higher at 58,723.20. It touched an intra-day record of 58,777.06.
The panel is chaired by the Union finance minister Nirmala Sitharaman.(HT PHOTO)
The panel is chaired by the Union finance minister Nirmala Sitharaman.(HT PHOTO)

GST Council meeting: Petrol may cost 75, diesel 68 a litre, claims report

By hindustantimes.com, Hindustan Times, New Delhi
PUBLISHED ON SEP 15, 2021 11:07 AM IST
  • At present, petrol is sold at 101.19 per litre and diesel at 88.62 in Delhi. In the national capital, central levies account for over 32% of petrol’s price, and state taxes (value-added tax or VAT) 23.07%.
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