3 years of Modi rule: FDI inflows jump to $60 billion in 2016-17 from $36 billion in 2013-14

The inflow of FDI to India has jumped to $60.08 billion in the last three years of Narendra Modi government at the Centre

Source: 3 years of Modi rule: FDI inflows jump to $60 billion in 2016-17 from $36 billion in 2013-14

SBI Q4 net zooms 123%, NPA provisioning improves

Led by healthy growth in net interest income (NII), State Bank of India (SBI) posted a big 122.7 per cent growth in net profit at Rs 2,815 crore for the quarter ended March 31. In the same (fourth or Q4) quarter of 2015-16, it was Rs

Source: SBI Q4 net zooms 123%, NPA provisioning improves

GST Council fits close to 500 services under four slabs

The slabs are 5%, 12%, 18% & 28%; rates of bidis, gold, textile, footwear to be taken up

Source: GST Council fits close to 500 services under four slabs

FPI holdings from Singapore, Mauritius surge 25% before DTAA implementation

Grandfathering is term for alteration of rules that apply to a certain investment technique

Source: FPI holdings from Singapore, Mauritius surge 25% before DTAA implementation

A quick guide to India GST rates in 2017 – The Economic Times

The government has kept a large number of items under 18% tax slab. 1,211 items have been categorised under various tax slabs. Here is a low-down.

Source: A quick guide to India GST rates in 2017 – The Economic Times

RBI redefines what constitutes a bank branch

RBI came out with final guidelines on branch authorisation, with a refined definition on what constitutes a bank branch and liberalised policies on presence in tier-I centres

Source: RBI redefines what constitutes a bank branch