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GST Council mulls correction of inverted duty structure

New Delhi, June 12 (SocialNews.XYZ) The GST Council is considering the correction of the inverted duty structure as it has impacted revenue collection, along with resulting in higher outflow of refunds. On Friday, the council,…












HDFC cuts retail prime lending rate by 20 bps

Mumbai, June 12 (SocialNews.XYZ) The Housing Development Finance Corporation (HDFC) on Friday reduced the retail lending rate on both home and non-home loans by 20 basis points with immediate effect. In a regulatory filing, the…





India could move to 2 dominant telcos in Airtel, Jio

New Delhi, June 12 (SocialNews.XYZ) Despite Vodafone Idea giving guarantee, the telcos market is seen gravitating towards a two-player dominant market with Bharti and Reliance Jio. According to a research note by BofA Securities, “We…