Goods and service tax council decides to continue tax exemption on 83 services including health, education, 13 services including travelling by road, air in economy class will attract 5% tax…

Opec is looking at the option of deepening and extending a deal to reduce crude output in an attempt to drain inventories and support prices, sources said Source: Livemint.com (http://www.livemint.com/rss/industry)

Sweetened aerated water and flavoured water will attract a total duty of 28%—40% tax and 12% additional cess, according to the proposed GST rates Source: Livemint.com (http://www.livemint.com/rss/industry)

All home appliances and consumer durables, including TVs, ACs, refrigerators and washing machines, will attract a 28% tax rate after GST implementation Source: Livemint.com (http://www.livemint.com/rss/industry)

CAIT also suggested that no punitive action should be taken against businesses for ‘procedural mistakes’ to allow them to get familiarised with GST regime Source: Livemint.com (http://www.livemint.com/rss/industry)

RBI deputy governor Viral Acharya says capital infusion into banks won’t resolve the banking sector’s bad loans crisis until companies take steps to reduce debt Source: Livemint.com (http://www.livemint.com/rss/industry)

A poll of 21 brokers said SBI is likely to post a net profit of Rs2,670.5 for the fourth quarter compared to Rs1,264 crore during the same period last year…

India’s PSU oil firms spending boom is being driven by the country’s growing energy appetite and the need to meet Narendra Modi’s goal of reducing dependence on oil imports by…

Since only 12% of menstruating women in India use sanitary napkins, questions haven’t been raised on hygiene and safety standards and practised by the makers Source: Livemint.com (http://www.livemint.com/rss/industry)

The objective of HDFC Bank is to offer services, interfaces and products in a way that customers can interchangeably consume them through any digital channel Source: Livemint.com (http://www.livemint.com/rss/industry)