Singapore/Bengaluru: International lessors have grounded more Jet Airways planes prior to potentially moving them out of India, as scepticism builds whether a state-led bailout of…
Posts published in “Business”
New Delhi: India on Thursday called upon all the members of RCEP, a proposed mega trade deal, to work concertedly towards early conclusion of the…
Mumbai: India needs to take steps to boost economic growth as the inflation outlook remains low, the Reserve Bank of India’s monetary policy committee (MPC)…
The proposal would now go to the Finance Ministry for approval. Image for representative purposes only. Loading… New Delhi: Retirement fund body EPFO has decided…
Mumbai: Extending gains for the second session, the BSE Sensex rose 142 points on Thursday led by pharma, metal, auto and banking stocks amid buying…
New Delhi: Shares of public sector banks (PSBs) jumped up to 19 per cent on Thursday after the finance ministry announced infusion of Rs 48,239…
The move comes just a day after Supreme Court held RCom chairman Anil Ambani and two others guilty of contempt of court for violating its…
Anil Ambani-led Reliance Group companies have been trying to monetise some of their assets and bring down the debt significantly. File photo of Anil Ambani.…
Addressing the India Korea Business Symposium here, Prime Minister Narendra Modi said India is now a more open economy and has attracted USD 250 billion…
Last year, the government had announced the merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third largest lender…
Mumbai: Benchmark indices started on a positive note on Thursday tracking gains on banking counters, after the government announced infusion Rs 48,239 crore in 12…
On Wednesday, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar. Representative Image (Reuters). Loading… Mumbai: The rupee darted…
If the shareholders of Jet Airways approve the latest bailout plan on Thursday, India could soon have two state-owned airlines since taxpayers will then be…
New Delhi: Employment generation in the formal sector almost trebled to touch a 16-month high of 7.16 lakh in December 2018 compared to 2.37 lakh…
New Delhi: Oil-rich Saudi Arabia on Wednesday said India is its No.1 priority foreign investment destination and its companies are looking at becoming household names…
The Employees’ Provident Fund Organisation had provided a five-year low rate of interest of 8.55 per cent to its subscribers for 2017-18. Image for representation.…
Mumbai: Snapping a four-session downturn, the rupee appreciated by 23 paise to end 71.11 against the US dollar on Wednesday amid easing oil prices and…
Mumbai: Reversing a nine-session falling streak, the BSE Sensex rebounded 404 points on Wednesday as investors snapped up recently hammered stocks amid optimism in global…
The government will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank – the two ‘better-performing’ banks currently under the…
New Delhi: As 2019 Lok Sabha elections approach, the National Democratic Alliance (NDA) government has rolled out a slew of discounts and schemes, specifically targeting…
Reliance Capital tumbled 10.26 per cent, Reliance Communications tanked 9.46 per cent, Reliance Infrastructure 8.75 per cent, Reliance Power 5.52 per cent and Reliance Home…
Bengaluru: American Defence giant Lockheed Martin on Wednesday unveiled the F-21 multi-role fighter jet for India, to be produced locally, as it eyed a multi-billion…
New Delhi: Jet Airways has once again found itself in the eye of the storm, as this time, it faces the turbulence of a bad…
Mumbai: The BSE benchmark Sensex rallied over 250 points in early trade on Wednesday as metal, banking and realty stocks soared amid sustained buying by…
At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.29 but gave up the gains to trade at 71.31. Image for…
New Delhi: Kerala and AAP-ruled Delhi on Tuesday demanded deferment the GST Council meeting scheduled for February 20, saying a decision on “crucial issues” of…
Mumbai: Extending its fall for the ninth consecutive session, the BSE Sensex gave up early gains to end 146 points lower Tuesday, dragged down by…
New Delhi: Giving a major relief to startups, the government has decided to relax angel tax norms for startups, including increasing the investment limit to…
Mumbai: The BSE benchmark Sensex recovered over 100 points Tuesday, led by strong buying by domestic institutional investors amid positive global cues. The 30-share index…
The overall retail market is growing and online is only taking away market share from offline channels due to pricing attractiveness, convenience, and aggregation of…
The notice related to Sebi examining the scrip of Infosys during which the issues pertaining to severance payment to Bansal was also looked into. Bansal…
This is the second successive year that the Reserve Bank will be transferring an interim surplus. A Reserve Bank of India (RBI) logo is seen…
Reuters: One year after being hit by a $2 billion scam, Punjab National Bank (PNB) is set to return to annual profits and strong loan…
New Delhi: Venezuela’s oil exports have tapered off and shifted towards India since the new US sanctions began on January 28 as state-run oil company…
In a regulatory filing on Friday, Yes Bank said it has received a letter from the RBI which noted that the Risk Assessment Report (RAR)…
Reserve Bank Governor Shaktikanta Das said transmission of monetary policy decisions is important. File photo of RBI Governor Shaktikanta Das. Loading… New Delhi: Reserve Bank…
Singapore: Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, U.S. sanctions against Iran and Venezuela, and…
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more…
State-run IOC had previously purchased US oil from spot markets and signed a mini-term deal in August to buy 6 million barrels of US oil…
At the forex market, the domestic unit opened weak at 71.35 and slipped further to 71.46. However, it pared some losses to trade at 71.38.…
Mumbai: The BSE benchmark Sensex Monday fell over 150 points, led by weakness in auto, IT and financial stocks amid heavy selling by foreign institutional…
New Delhi: Former Fortis Healthcare promoter Malvinder Singh has filed a criminal complaint against his brother Shivinder Singh, spiritual head of the Radha Soami Satsang…
Mumbai: Former Reserve Bank of India Governor Y V Reddy Sunday termed the recent trend of rolling out doles for the farm sector, including the…
New Delhi: Traders’ body CAIT has called for a nationwide trade bandh on Monday to express solidarity with the families of security personnel martyred in…
New Delhi: Traders’ body CAIT has called for a nationwide trade bandh on Monday to express solidarity with the families of security personnel martyred in…
Uran (Maha): Terming ports as the engines of growth, Union Minister for Shipping and Highways Nitin Gadkari on Sunday said the developments undertaken by the…
New Delhi: The government on Sunday said “positive steps” are being taken by the telecom department on the demands raised by unions and associations of…
New Delhi: Traders’ body CAIT has called for a nationwide trade bandh on Monday to express solidarity with the families of security personnel martyred in…
New Delhi: A majority of banks expect liquidity to remain tight in the last quarter of this fiscal despite a slight improvement in the situation,…
New Delhi: The finance ministry will take up the issue of dividend and Prompt Corrective Action (PCA) and easing of SME loan norms by public…
New Delhi: Loss-making Jet Airways is likely to receive fund infusion worth over Rs 3,000 crore post debt rejig and investments by Etihad Airways as…
The Indian Bank in a statement said that it has revised interest rates on domestic term deposits. File logo of Indian Bank Loading… Chennai: Public…
With this, Surat has become the 20th destination in the country for the international budget arm of the flag carrier Air India. File photo of…
New Delhi: The government’s disinvestment proceeds have touched Rs 53,558 crore so far in the current fiscal, as against the full year budget target of…
New Delhi: Informal workers can now subscribe to the Pradhan Mantri Shram Yogi Maan-Dhan (PMSYM) scheme, which provides an assured monthly pension of Rs 3,000,…
Parl Panel Seeks Action Against IT Officers for Irregular Expenses Assessment on Freebies to Doctors
Parl Panel Seeks Action Against IT Officers for Irregular Expenses Assessment on Freebies to Doctors
New Delhi: A parliamentary panel has sought “exemplary disciplinary action” against income tax officers for irregular assessment of expenses on freebies given to doctors by…
The central bank bought $837 million and sold $230 million in the spot market during the reporting month. A Reserve Bank of India (RBI) logo…
FPIs have turned into net buyers in February so far as India is one of the promising emerging markets, analysts said, adding that sustainability of…
New Delhi: A total of 32 technical bids have been received from 10 companies to operate six airports that are currently under AAI’s management, senior…
Singapore: India and Singapore will sign an agreement for skilling Indian youths in the aviation sector at the Aero India Show next week. Academies will…
New Delhi: Chartered accountants’ apex body ICAI has withdrawn an announcement regarding applicability of rotation of auditors at companies, following a directive from the corporate…
This is a significant step towards automating customs transit facilitation between the two countries and renews the commitment of government of India to improve the…
Washington: Major American IT player Cognizant will pay USD 25 million to the US Security and Exchange Commission to settle its India bribery charges, as…
India’s forex reserves comprise Foreign Currency Assets (FCAs), gold reserves, Special Drawing Rights (SDRs) and India’s position with the International Monetary Fund (IMF). Representative image.…
New Delhi: The stake sale in JPPL, which manages Jet Airways’ customer loyalty program Jet Privilege, has been put on the backburner but the airline…
New Delhi: IDBI Bank has sounded out its new owner LIC seeking another tranche of up to Rs 12,000 crore to meet its huge provisioning…
New Delhi: The Reserve Bank has warned Yes Bank of regulatory action for disclosure of nil divergence report in violation of the confidentiality clause, the…
New Delhi: Exporters and industry on Friday raised several concerns including dip in bank lending, delay in refund of input tax credit and withdrawal of…
New Delhi: The country’s exports grew marginally by 3.74 per cent in January due to subdued performance of key sectors including engineering, leather, and gems…
Mumbai: The rupee slipped by 7 paise to close at 71.23 against the US dollar on Friday, pressured by heavy foreign capital outflows and firming…
Mumbai: Benchmark equity indices reeled under selling pressure for the seventh straight session Friday as pharma, metal, auto and banking stocks led losses amid sustained…
Mumbai: Market benchmark BSE Sensex fell over 100 points in early trade Friday on selling in healthcare, metal, banking and auto stocks amid sustained foreign…
The strengthening of the US dollar and persistent outflow from the domestic capital market weighed on the domestic currency. Image for representation: REUTERS Loading… Mumbai:…
A penalty of Rs 1.5 crore has been imposed on Oriental Bank of Commerce (OBC) and Rs 1 crore each on Punjab National Bank (PNB)…
Mumbai: The rupee weakened by 36 paise on Thursday to close at 71.16 per US dollar amid firming crude oil prices and persistent foreign capital…
The rescue deal by Jet’s lenders, led by State Bank of India, includes funding through a mix of equity infusion, debt restructuring and sale or…
New Delhi: Shares of Yes Bank rallied 31 per cent at close of trade Thursday, adding Rs 12,025 crore to its market valuation, after the…
Mumbai: Continuing its fall for the sixth straight session on Thursday, the benchmark BSE Sensex dropped 158 points led by losses in IT, metal and…
New Delhi: US and Indian government officials pressed on with talks on Thursday to resolve their differences over trade and investment, government sources said, even…
New Delhi: Inflation based on wholesale prices fell to a 10-month low of 2.76 per cent in January over the previous month on softening prices…
Mumbai: The BSE Sensex fell over 100 points in early trade Thursday on heavy foreign fund outflows amid rising global crude prices and a subdued…
A strong dollar in overseas markets and a lower opening of the domestic equity market weighed on the rupee, a currency dealer said. Image for…
Mumbai: R Venkataramanan, the managing trustee of the Tata Trusts, a string of non-profits that own 66 percent of the diversified Tata Sons, has resigned.…
The monetary penalty on the banks has been imposed for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange…
Mumbai: Almost 72 percent of people who intend to spend Valentine’s Day are turning to dating apps to find love, while 65 percent of the…
In 2017, state-run HPCL was awarded the amount after an arbitration board found that M3nergy had delayed the finalising of a consortium agreement which led…
Mumbai: Snapping its six-day winning run, the rupee on Wednesday settled 10 paise lower at 70.80 against the US dollar amid rising crude prices and…
This will be Lohani’s second tenure as Air India chief. His appointment was approved by the Appointments Committee of the Cabinet on Wednesday. File photo…
Mumbai: Extending its fall for the fifth consecutive session, the BSE Sensex gave up early gains to end 120 points lower Wednesday, as investors booked…
Mumbai: The benchmark Sensex gained over 150 points in early trade on Wednesday, snapping its four-session losing streak, on the back of positive macroeconomic data…
The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported…
The chair car fares are 1.4 times the base price of Shatabdi trains running the same distance and the executive class fares are 1.3 times…
Thee inflation in the ‘fuel and light’ category also fell to 2.2 per cent in January this year from 4.54 per cent in December 2018.…
The decline was a result of fall in food prices and smaller increases in fuel costs. A vendor sells vegetables at a retail market in…
Most of the flights have been cancelled from Kolkata, Hyderabad and Chennai and the passengers are allegedly being forced to buy last minute high fares…
Mumbai: The BSE Sensex dropped over 200 points, ending in the negative terrain for the fourth straight session on Tuesday, as investors intensified selling towards…
Mumbai: Benchmark equity indices opened on a cautious note Tuesday ahead of the release of key macroeconomic numbers amid selling by foreign and domestic investors.…
New Delhi: Former chairman of National Statistical Commission (NSC), PC Mohanan, after crunching numbers for the government for almost 35 years, found himself in a…
The rupee opened lower at 71.21, but recovered to trade 6 paise higher at 71.12 against the dollar. Image for representation: REUTERS Loading… Mumbai: The…
To address such difficulties, it has been decided to grant relaxation to the non-residents from furnishing PAN card details and allowing them to transfer equity…
The bank had posted a net loss of Rs 1,240.49 crore in October-December 2017-18. Total income of the lender came down to Rs 4,112.32 crore…
Mumbai: The rupee strengthened by 13 paise to close at 71.18 against the US dollar Monday on easing crude oil prices, even as the greenback…
New Delhi: Textile Industry body CITI on Monday appealed to the Centre to include cotton yarn under Merchandise Exports from India Scheme (MEIS), to help…
Mumbai: Indian equities extended their fall for yet another session Monday, with the BSE Sensex falling over 150 points and the NSE Nifty slipping below…
Greater Noida: With volatile oil prices in the past playing havoc on economies of importing nations like India, Prime Minister Narendra Modi Monday made a…
Speaking at MAIT’s Electronics Manufacturing Summit 2019, Electronics and IT Secretary Ajay Prakash Sawhney said there has been a “widening and deepening” of the electronics…
Mumbai: The BSE Sensex fell over 150 points and NSE Nifty slipped below the 10,900 level in early trade Monday on losses in auto, banking,…
Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, but…
Total exploration acreage is expected to more than triple to 300,000 square kilometres in two years ending 2019. Representative Image. Loading… New Delhi/ Mumbai: India…
India is a gas-starved country and imports almost half of its annual natural gas consumption. Prime Minister Narendra Modi wants India to be a gas-based…
New Zealand Flight to China Forced to Turn Back Mid-air After Discovering Lack of Permission to Land
New Zealand Flight to China Forced to Turn Back Mid-air After Discovering Lack of Permission to Land
Air New Zealand apologised to passengers and said a special service would fly them to Shanghai at 11 p.m. on Sunday (1000 GMT). Image for…
New Delhi: Asserting India’s fast economic growth is not without generation of jobs, Economic Affairs Secretary Subhash Chandra Garg said the country actually faces shortage…
New Delhi: External Affairs Minister Sushma Swaraj on Saturday assured the textiles ministry to provide all support for promoting silk in global markets. Swaraj said…
New Delhi: The government has amended the significant beneficial ownership rules for companies, putting in place a more clear regulatory framework that would also help…
Lufthansa’s management appeared to be more interested in demonstrating a hard line in negotiations than in reaching an agreement with cabin crew, German union UFO…
New Delhi: The government is contemplating hike in the investment limit for availing income tax concessions by startups and provide a more clear definition for…
Mumbai: Amid a controversy over an Income Tax order withdrawing exemption to Sir Dorabji Tata Trust, speculation was rife Friday about its managing trustee R…
Exhorting the industry to report any such instances, Goyal said the Government could ensure capital markets watchdog Sebi withdraws a proposal to disclose every default…
Allahabad Bank said the RBI has imposed a penalty of Rs 1.5 crore for not monitoring end use of funds, among other violations. File photo…
In it sixth bi-monthly monetary policy review announced on Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent. Image for…
New Delhi: Bad loans of public sector banks declined by more than Rs 31,000 crore to Rs 8,64,433 crore in the first nine months of…
Mumbai: BSE benchmark Sensex plummeted over 424 points on Friday led by a sharp selloff in metal and auto stocks amid negative cues from the…
Mumbai: Bankers say piles of bad debt and the high cost of deposits mean they are unlikely to reduce interest rates on loans by as…
New Delhi: The Centre has increased the over 26-year-old monetary limit on disclosure of investment in shares and mutual funds by employees to six months…
At the sixth bi-monthly monetary policy review on Thursday the RBI surprisingly reduced the repo rate by 25 basis points to 6.25 percent and also…
Mumbai: BSE benchmark Sensex dropped over 200 points in early trade Friday led by heavy losses in Tata Motors, and weak cues from global markets…
Singapore: India’s Jet Airways Ltd has grounded four aircraft after failing to make payments to lessors, in a sign that leasing firms are losing patience…
New Delhi: Cash-starved Jet Airways has mopped up Rs 250 crore from advance sale of tickets to its customer loyalty programme Jet Privilege, less than…
The carrier also said it is making all efforts to minimise disruption to its network and is proactively informing and re-accommodating its affected guests. Representative…
SBI, however, did not share details of the borrower and the loan amount given to the borrower. Reserve Bank Of India. (File photo) Loading… New…
New Delhi: Tata Motors Thursday said in case of a “no deal Brexit” JLR will have two to three weeks of plants shutdown in the…
Mumbai: The rupee on Thursday appreciated by 11 paise to close at 71.45 against the US dollar after the Reserve Bank of India cut the…
New Delhi: One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply…
Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said it is the right of the government to ask for an interim dividend from it and…
Mumbai: Benchmark equity indices gave up gains to end almost flat on Thursday as investors booked profits at higher levels, after the the Reserve Bank…
Kolkata: Reliance Industries Chairman Mukesh Ambani on Thursday said the group has firmed up Rs 10,000 crore of investments in West Bengal, which is already…
Mumbai: The Reserve Bank of India (RBI) Thursday decided to raise the criteria for ‘bulk deposits’ for banks to Rs 2 crore from the current…
New Delhi: The Income Tax Department will soon decide on the kind of startups that can be exempted from angel tax, a top official said…
New Delhi: In what may make loans cheaper, the monetary policy committee cut repo rates by 25 basis points to 6.25 percent in its sixth…
The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution. File…
Mumbai: The Reserve Bank of India on Thursday cut benchmark interest rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying…
Foreign funds purchased shares worth Rs 694.97 crore on a net basis, and domestic institutional investors bought shares worth Rs 525.26 crore on Wednesday, provisional…
Mumbai: BSE benchmark Sensex jumped over 150 points in early trade on Thursday on sustained buying by domestic and foreign institutional investors, ahead of RBI’s…
An IFSC enables to bring back to India the financial services and transactions that are currently carried out in offshore financial centers by Indian corporate…
New Delhi: Telecom operator Vodafone Idea on Wednesday reported a consolidated loss of Rs 5,005.7 crore for the third quarter of 2018-19 on account of…
Mumbai: State-run Punjab National Bank, which returned to the black in the December quarter with a modest profit after three successive quarters of massive losses,…
New Delhi: The rupee on Wednesday ended almost flat at 71.56 per US dollar as participants preferred to wait for the Reserve Bank’s interest rate…
Mumbai: Benchmark indices darted up for the fifth straight session on Wednesday on across-the-board buying amid expectations of a shift in RBI’s policy stance. The…
New Delhi: The rupee may depreciate to 78 per US dollar this year, largely owing to widening fiscal and current account deficits, which are the…
Foreigners were net buyers of Asian shares in January, data from seven exchanges showed, on hopes the U.S. Federal Reserve would go slow with its…
On February 1, RCom’s board reviewed the progress of the company’s debt resolution plans since the invocation of strategic debt resolution on June 2, 2017.…
New Delhi: Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which…
New Delhi: Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which…
In a very volatile trade, the domestic currency also touched a low of 71.60, showing a loss of 3 paise over its last close. Image…
Mumbai: BSE benchmark Sensex jumped over 250 points and NSE Nifty breached the 11,000 mark in early trade Wednesday led by gains in IT and…
New Delhi: Capital markets regulator Sebi has asked exchanges to step up their surveillance of intra-day trading in the wake of significant volatility in a…
New Delhi: The finance ministry expects Rs 69,000 crore dividend from the Reserve Bank of India (RBI) in the next financial year, sources said. The…
New Delhi: Markets regulator Sebi on Tuesday came out with a strict framework for public interest directors serving at stock exchanges, clearing corporations and depositories.…
Hyderabad: Power producer NTPC Limited has sorted out issue over payment dues with various discoms of Telangana, Andhra Pradesh and Karnataka, sources said on Tuesday…
Mumbai: Snapping its two-day losing streak, the rupee ticked higher by 23 paise to close at 71.57 per US dollar Tuesday amid fresh foreign fund…
Mumbai: Benchmark equity indices ended marginally higher after a choppy session Tuesday, with investors largely remaining on the sidelines as the RBI’s monetary policy review…
Gadkari will be in Kamakhyanagar in Dhenkanal district of Odisha on Wednesday to do Bhoomi Pujan for three national highway projects of total length 132…
New Delhi: The revenue department will put in place within two years a mechanism to ensure that all returns are processed within 24 hours and…
The Indian real estate sector is expected to contribute 13 percent to the country’s gross domestic product (GDP) by 2025, according to the ‘Indian Real…
Punjab National Bank posted a profit of 2.47 billion rupees ($34.44 million) for the three months to Dec. 31, compared to a profit of 2.3…
Forex traders said, sustained foreign fund outflows and surging crude oil prices restricted the rupee up move. Representative image. (Photo Credit: Reuters) Loading… Mumbai: The…
Mumbai: Benchmark indices started on a choppy note on Tuesday as investors turned cautious amid selling by domestic and foreign funds ahead of RBI’s monetary…
New Delhi: Jubilant FoodWorks, the operator of Dominos Pizza chain in India, has been found guilty of not passing on GST-cut benefit of Rs 41.42…
New Delhi: The Reserve Bank may cut key lending rate by 0.25 per cent later this week in view of benign inflation, said an SBI…
In April-November, India’s fiscal deficit was 7.17 trillion rupees, or about 115 percent of the budgeted target. An India Rupee note is seen in this…
Mumbai: The benchmark BSE Sensex on Monday recovered from the day’s low to end 113 points higher, led by gains in RIL and heavy buying…
Hyderabad: The country’s exports in the current fiscal year are expected to surpass the earlier peak of $314 billion in 2013-14, a senior official said…
Investigative media outlet Cobrapost had alleged last week that loans from Indian state banks were diverted by Dewan to shell companies, including those linked to…
[unable to retrieve full-text content]The Anil Ambani-led company last week announced that it would file for bankruptcy proceedings as it failed to sell its assets…
The strengthening of the US dollar against some currencies overseas weighed on the local unit. However, easing crude prices and fresh foreign fund inflows capped…
New Delhi: Five of the 10 most valued Indian companies together added Rs 65,426.16 crore in market valuation last week, with Tata Consultancy Services (TCS)…
Vedanta’s statement comes days after its shares plunged on Friday, as investors were skeptical of the merits of the investment and questioned the potential returns.…
Mumbai: The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets. The…
New Delhi: The RBI’s Monetary Policy Committee is likely to change its policy stance to neutral in its meeting this week on low inflation footprint…
New Delhi: Income tax assessments will be “completely faceless”, without the taxpayer having to face the taxman, in about two years and assessees will be…
The government expects Rs 28,000 crore from the RBI as interim dividend for the current fiscal based on the financial position of the first half…
New Delhi: Five of the 10 most valued Indian companies together added Rs 65,426.16 crore in market valuation last week, with Tata Consultancy Services (TCS)…
New Delhi: Individuals earning Rs 8-9 lakh annually would not have to pay any income tax if they make proper investments in tax saving instruments…
Its total income decreased to Rs 6,329.17 crore during the quarter under review, as against Rs 6,589.32 crore in the year-ago period, the bank said…
ICICI-Videocon: ED Files Money Laundering Case Against Former ICICI Bank CEO Chanda Kochhar, Husband
ICICI-Videocon: ED Files Money Laundering Case Against Former ICICI Bank CEO Chanda Kochhar, Husband
New Delhi: The Enforcement Directorate (ED) has registered a criminal case of money laundering against former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar,…
New Delhi: GST collections in January rose to Rs 1.02 lakh crore — the second highest monthly mop-up after April, the finance ministry said on…
New Delhi: In a bid to provide relief to the salaried middle-class, Finance Minister Piyush Goyal, in his maiden budget presentation on Friday, announced full…
New Delhi: Reliance Communications has decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders, the Anil Ambani-led…
Mumbai: The startup sector has welcomed the interim budget proposal of setting up one lakh digital villages saying that it will give boost to the…
Mumbai: The Indian rupee on Friday weakened by 17 paise to close at 71.25 against the US dollar as concerns related to fiscal slippage weighed…
Mumbai: Global ratings agency Standard & Poor’s has said the Chanda Kochhar case, which saw the bank board changing its views, is illustrative of the…
New Delhi: Maruti Suzuki India, Honda Cars, and Mahindra & Mahindra posted sales growth in domestic market for January on account of improved market conditions.…
State Bank of India (SBI) on Friday said it expects non-performing asset levels to come down in the short term after it beat expectations with…
New Delhi: Finance Minister Piyush Goyal in his Budget speech on Friday allocated Rs 3.18 lakh crore ($44.7 billion) for the Defence sector of the…
Mumbai: Benchmark Sensex ended over 212 points higher in see-saw trade on Friday after the government presented a farm-friendly, consumption-oriented Budget ahead of the general…
The amount, which has not been changed for the next fiscal, is meant for establishment and construction-related expenditure for the Lokpal, it said. Image credits:…
Reaching out to a large electorate ahead of the Lok Sabha polls, the Modi government on Friday announced a cash dole for small farmers, a…
New Delhi: Finance Minister Piyush Goyal on Friday said that income tax refunds will be processed within 24 hours and released immediately as the Narendra…
“We have a decisive mandate to continue structured reforms. We have reversed policy paralysis,” said the finance minister. Image for representation only. New Delhi: Finance…
Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said India has been recognised as the brightest spot in the world in last…