Best Trending Indian Business News

1. Once again the crypto-currency are continuing to dive through to this week also, a day after the minister of Finance Arun Jaitley announced in the budget that they are not legal tender and the government would take all the measure to the decreases their use as the part of the payment. Business news India But on the same evening, these currencies made high recovery even they covered all the last loose. The Finance Minister’s statement also gives an impact on crypto-currency.  

Rates all over the world. According to the international media, Bitcoin drops over the past days and largely on the account of the action during the speech of the Budget. On Friday, Bitcoin prices dropped some 15% to Rs 5.3 lakh (per bitcoin) compared to Thursday's close. But by 8 pm, it was back at Rs 6.4 lakh. 

2. Flipkart parent logs 67% rise in a loss to Rs 8,772 crore. Flipkart ltd, the Singapore parent of online major Flipkart reported to has loss of Rs 8,771 crore for the financial year, which is ending in the March 2017, According to the report the company has a net loss near about 67%, which shows increases in a loss for homegrown in e-commerce. The loss in Flipkart indicates the intense spending on discounting and marketing in the last financial year. 

3. According to the Finance Minister Arun Jaitley, the rising price of the Crude oil is the matter of concern by still its under the control of the Government , FM Minister said  "I think India has got out of the high-inflation era and an inflation target of 4%, plus or minus 2%, is a reasonable figure and is achievable,”. India Startup News 

The recent report of hike in crude oil price has the triggered the concern about its potential impact on inflation. 

4. Post budget day loss, Sensex dives 840 points

After Budget  long-term capital gains (LTCG) tax in the Budget sent Dalal Street on a selling spree on 2nd Feb, as the Sensex crashed 840 points (2.3%), its second-sharpest post-Budget day fall ever by points,

5. E-way bill rollout delayed due to technical problems

On 1^st February, Government overdue the launch of e-way bill system. It is due to the technical problems in bill generation. India business headlines the Central Board of Excise and Customs in a tweet said: "In view of difficulties faced by the trade in generating e-way bill due to initial technological glitches, it has been decided to extend the trial phase for generation of e-way bill, both for inter and intrastate movement of goods. It'll be applicable from a date to be notified." 

6.  According the to action of Budget 2018, Prime Minister Narendra Modi's plan to provide health insurance for about half the country's population, to execute this plan requires an estimated Rs 110 billion ($1.72 billion) in central and state funding in every year. The National Health Protection Scheme, which government give a name "Medicare" announced in union budget 2018-19 and would provide 100 million families, or about 500 million poor people, with a health cover of Rs 500,000 per year for free treatment of serious ailments.