Following are the top business stories at 1600 hours today:
DEL12 BIZ-GST-MEET
New Delhi: Over two weeks into the GST regime, the all- powerful GST Council will meet tomorrow to take stock of the implementation of the new indirect tax.
FES16 BIZ-MAHINDRA ELECTRIC VEHICLES
By Munish Shekhavat
New York: The government needs to incentivise buying electric vehicles in order to bring down the cost and thus push their sales in the country, according to leading industrialist Anand Mahindra.
FES18 BIZ-MAHINDRA-US-INVESTMENT
By Munish Shekhavat
New York: Diversified Mahindra group plans to invest USD 1 billion across business verticals in the US over the next five years as it aims to double revenues from the American market to USD 5 billion.
DCM14 BIZ-RBI-RATE
New Delhi: With inflation falling to record low levels and industrial growth slipping to below 2 per cent, bankers and economists feel the pressure has increased on the Reserve Bank to cut benchmark interest rate next month.
DCM2 BIZ-FPI-JULY
New Delhi: Foreign investors have pumped in nearly Rs 11,000 crore in the capital markets in the first two weeks of this month, enthused by the trouble-free rollout of GST and stimulating Indian economy.
DCM9 BIZ-LOGISTICS-INDEX
New Delhi: The commerce ministry, which is working on a Logistics Performance Index (LPI) for states and union territories, would announce the rankings by December or early next year, an official said.
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