S V Krishnamachari

Articles by S V Krishnamachari

S V Krishnamachari has about seven years of experience in journalism and has been writing on various topics such as politics, healthcare, business and legal affairs. At IB Times, he tracks stock, currency and bullion markets; covers developments at banks, financial institutions and mutual funds and occasionally writes on the intersection of politics and business.

Follow : @S V Krishnamachari Email : editor@ibtimes.co.in

note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

7th Pay Commission: 6.50 lakh Madhya Pradesh govt employees to get salary hike

The salary hike, in accordance with the 7th Pay Commission recommendations, will be applicable from January 1 2016 and the arrears will be paid over three financial years.

Jul 4, 2017

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Sensex, Nifty extend rally; NTPC, Tata Motors, Cipla top gainers

After Monday's gain of 300 points, the BSE Sensex opened 67 points higher, led by NTPC, Tata Motors and Cipla.

Jul 4, 2017

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Two wheeler sales June 2017: Hero Motocorp, TVS, HMSI, Royal Enfield report growth, Bajaj Auto volumes fall

June was a mixed bag for two-wheeler companies, with HMSI, Hero Motocorp, Royal Enfield and TVS Motor reporting modest-to-high growth.

Jul 3, 2017

Markets give thumbs-up to GST; Sensex gains 300 points, ITC top gainer

The first day of trading saw benchmark indices Sensex and Nifty end with 1 percent gain; ITC was the biggest gainer, followed by Hero Motocorp.

Jul 3, 2017

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Niti Aayog member Bibek Debroy 'rubbishes' claims of 1.5% boost to GDP from GST

We are nowhere near that ideal GST, this is just the beginning of a process, Bibek Debroy said.

Jul 1, 2017

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

GST at 18% on services, allowances hike for Central govt staff pose upside risk to inflation

The GST tax rate on services at 18 percent is 3 percent higher than the service tax levied earlier and is mostly likely to spike inflation, coming as it does along with allowances hike for Central government employees.

Jul 1, 2017

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

GST effect: Here is the impact on ATM transactions, insurance premiums, credit card, loan EMIs

Thanks to GST, banks and insurers will charge a higher rate of service tax on select transactions that include processing fee, premium, ATM withdrawals, others.

Jul 1, 2017

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Car sales June 2017: Maruti Suzuki posts 7.6% growth; Toyota Kirloskar Motor volumes plunge, Hyundai reports fall

June marks the last month for car and two-wheeler sales before GST rollout; Maruti Suzuki, TKM, Hyundai disappoint.

Jul 1, 2017

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GST: Foreign investors turn sellers of Indian equities in June; forex reserves at new high

Foreign institutional investors (FIIs) were net sellers on 13 trading days in June, a month that saw the GST Council finalising rates for many goods and services.

Jun 30, 2017

Live Love Laugh Foundation, kiran mazumdar shaw, deepika padukone, tllf, ngo, indian ngos, bollywood actor deepika

GST: Biocon CMD Kiran Mazumdar Shaw criticises complex tax structure

With multiple tax rates, exemptions and complex compliance norms, the GST is far from what it is touted to be, feels Biocon chief Kiran Mazumdar Shaw.

Jun 30, 2017

gst, gst council, gst rates, gst for small traders, gst forms, gst tally, gst india inc, gst banks, gst arun jaitley

GST: Which businesses are exempt from registration and payment of tax?

The goods and services tax (GST) will not be applicable for certain categories of business entities, based on their sales (turnover).

Jun 30, 2017

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CDSL lists at Rs 250 against issue price of Rs 149, rises further

The IPO of CDSL was oversubscribed almost 169 times, resulting in a stellar listing at almost 68 percent premium to issue price of Rs 149.

Jun 30, 2017

Sensex reverses losses, up 50 points led by Sun Pharma, ITC

The BSE Sensex recovered lost ground and was trading just 39 points lower; Sun Pharma and ITC are top gainers.

Jun 30, 2017

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Deadline for depositing DeMo notes with RBI ends on June 30 for NRIs

Non-resident Indians (NRIs) have time till June 30, 2017 to deposit demonetised notes at five offices of RBI.

Jun 29, 2017

Air India: Indigo, foreign airlines show interest in buying stake

Low-cost carrier Indigo has made an "unsolicited" offer to buy stake in national carrier Air India on Thursday, a day after Modi government decide to divest.

Jun 29, 2017

Sensex reverses losing streak; Tata Steel, ICICI Prudential, Interglobe Aviation hit new highs, fresh developments at Mindtree, Fortis, Godrej

The BSE Sensex was trading about 250 points higher at 31,085; top gainers on BSE include Tata Steel, SpiceJet, ICICI Prudential, Interglobe Aviation.

Jun 29, 2017

air india, air india flights to tel aviv, india israel relations, air india flights to israel, indian tourists to israel, indian civil aviation news

Modi govt approves 'in-principle' sale of Air India; Tatas can be in the fray to buy national carrier

FM Arun Jaitley says the Union Cabinet on Wednesday gave "in-principle" approval to sell Air India; Tata Group, among others, could bid for buying the carrier.

Jun 28, 2017

7th pay commission 7th cpc north block finance ministry delhi modi government

7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

The Union Cabinet retained 108 allowances, deferred decision on 12 and merged 34 with other benefits for Central government employees, almost 20 months after the 7th Central Pay Commission submitted its report. You can read the list of all allowances here.

Jun 28, 2017

parliament, monsoon session, lok sabha, rajya sabha, gst, cattle, bjp, congress, pm modi, arun jaitley

GST: Congress to boycott special Parliament session

Apart from objecting to PM Narendra Modi launching the GST, the Congress has to weigh other aspects before deciding whether to attend the June 30 event.

Jun 28, 2017

clovia, clovia ceo pankaj vermani, clovia lingerie, lingerie market in india, clovia investors

Lingerie is a beautiful business to be in: Clovia CEO Pankaj Vermani

In an interview with International Business Times, India edition, Clovia CEO Pankaj Vermani talks about various aspects of the $4-billion lingerie market in India.

Jun 28, 2017

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Articles by S V Krishnamachari

7th Pay Commission: 6.50 lakh Madhya Pradesh govt employees to get salary hike

Sensex, Nifty extend rally; NTPC, Tata Motors, Cipla top gainers

Two wheeler sales June 2017: Hero Motocorp, TVS, HMSI, Royal Enfield report growth, Bajaj Auto volumes fall

Markets give thumbs-up to GST; Sensex gains 300 points, ITC top gainer

Niti Aayog member Bibek Debroy 'rubbishes' claims of 1.5% boost to GDP from GST

GST at 18% on services, allowances hike for Central govt staff pose upside risk to inflation

GST effect: Here is the impact on ATM transactions, insurance premiums, credit card, loan EMIs

Car sales June 2017: Maruti Suzuki posts 7.6% growth; Toyota Kirloskar Motor volumes plunge, Hyundai reports fall

GST: Foreign investors turn sellers of Indian equities in June; forex reserves at new high

GST: Biocon CMD Kiran Mazumdar Shaw criticises complex tax structure

GST: Which businesses are exempt from registration and payment of tax?

CDSL lists at Rs 250 against issue price of Rs 149, rises further

Sensex reverses losses, up 50 points led by Sun Pharma, ITC

Deadline for depositing DeMo notes with RBI ends on June 30 for NRIs

Air India: Indigo, foreign airlines show interest in buying stake

Sensex reverses losing streak; Tata Steel, ICICI Prudential, Interglobe Aviation hit new highs, fresh developments at Mindtree, Fortis, Godrej

Modi govt approves 'in-principle' sale of Air India; Tatas can be in the fray to buy national carrier

7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

GST: Congress to boycott special Parliament session

Lingerie is a beautiful business to be in: Clovia CEO Pankaj Vermani

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'