Business | WeForNews | Latest News, News Today, Breaking News India

NSE Nifty breaches 10K point-mark

Mumbai, July 25 : Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index —...

89

Here’s the list of petrol and deisel prices in the country

Petrol and deisel prices are changing continously after 16th june. Prices are coparatively different in different states, in some states the prices...

96

Rahul Bajaj questions the achievements of demonetisation

Rahul Bajaj the chairman of Bajaj Auto has questioned the achievements and effectiveness of demonetisation . At the company’s annual general meeting...

EPW editor quits after legal notice by Adani Group

Economic & Political Weekly (EPW) editor Paranjoy Guha Thakurta resigned after the directors of the trust which runs the journal ordered him...

Big win for banks Gujarat highcourt turns down Essar steel’s bad loans plea

The Gujarat high court order is a big relief for public banks as it turned down the Essar steel’s bad loan plea....

82

IACC flags points to streamline GST roll-out

New Delhi, July 17: The Indo-American Chamber of Commerce (IACC) flagged points for the smooth transition of the Goods and Services Tax...

62

Lifestyle

Women co-workers bonding can reduce conflict in organisation

New York, July 15: Strong bonding stays for years and it is favourable for the workplace as well. Female co-workers friendship help in...

Luxury phone-maker Vertu is shutting up shop

London, July 15 : Britain-based luxury phone-maker Vertu, which rolled out smartphones carrying hefty price tags, is closing down, the media reported. The...

106

Jewellers not to pay tax on old jewellery buys from individuals

However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax under reverse charge mechanism will apply.

78

Slowdown in manufacturing sector decelerates factory output in May

New Delhi, July 12 : A slowdown in the manufacturing sector decelerated India’s factory output in May, official data showed on Wednesday.

144

Education won’t become expensive under GST: Government

New Delhi, July 7 : Dismissing conjectures that education will become expensive under the Goods and Services Tax, the central government on Friday...

90

Tata Finance’s former MD Dilip Pendse commits suicide

Mumbai, July 6 : Tata Finance’s controversial former managing director Dilip S. Pendse committed suicide at his residence here on Wednesday afternoon, police...

125

GST Rollout : Businesses remain shut in Srinagar against Single Tax

Srinagar, July 5 : Businesses remained closed in Jammu and Kashmir on Wednesday as traders and civil society members called for shutdown against the...

112

GST to reduce cost of manufacturing of domestic electronic components

New Delhi, July 3 : The domestic manufacturers of electronic components will benefit from the Goods and Services Tax (GST) regime as the...

Will not pursue proposal to acquire AI if deal not profitable: IndiGo to employees

New Delhi, June 30 : Budget passenger carrier IndiGo’s management has told its employees that it will not go ahead with its...

Samsung to invest $380 mn in US, create 950 jobs

Seoul, June 29 : With an aim to tap deeper into the US’s large home appliances market, Samsung Electronics said it would invest...

Politics

Congress to hold high level meeting over GST regime tomorrow

June 28, Wednesday : Congress will hold a high level meeting tomorrow to discuss party’s stand on Goods and Service tax (GST)...

96

Positive global cues buoy equity markets

Mumbai, June 27 : Broadly positive global cues buoyed the Indian equity markets during the early morning trade session on Tuesday. However, gains...

139

1991 economic reforms are praiseworthy says NITI Ayog

New Delhi, June 25: A report prepared by the NITI Ayog vice chairman Arvind Panghariya suggests that the economic reforms of 1991...

137

Confusion over GST may hit old Delhi traders business

New Delhi, June 25: GST is all set to unite the nation with a notion of “One nation, one tax”, But the...

Now mobile banking complaints under ombudsman, says RBI

Mumbai, June 23: Widening the scope of its Banking Ombudsman Scheme, the Reserve Bank of India (RBI) has included complaints relating to mis-selling...

Lack of job skills in new employees widespread: IBM study

Bengaluru, June 22: India’s higher education system is not responding well to society’s changing needs, making it difficult for the industry to find...

81

Still need few weeks for fully functional solution, say GST Suvidha Providers

New Delhi, June 22: Hoping for a smooth ride for companies under the Goods and Services Tax regime, GST Suvidha Providers (GSPs) have...

164

GST Council finalises lottery, hospitality tax rates

June 18, Sunday : In Seventeenth Goods and Service council meeting chaired by Finance Minister, Arun Jaitley the panel finalised lottery and hospitality...

111

India’s factory output accelerates in April

New Delhi, June 12: A healthy performance of the manufacturing sector accelerated India’s factory output last month, official data showed on Monday. The...

230

GST Council Reduces Rates for 66 items

New Delhi, June 11 : The Goods and Services Tax (GST) Council at its 16th meeting here on Sunday revised the rates of...

37 returns instead of 13 – and other challenges threatening GST rollout

New Delhi; IANS: A small-scale manufacturing company with operations in only one state will have to file a minimum of 37 returns...

179

IATA revises 2017 industry profitability outlook upwards

Cancun, June 6 : The International Air Transport Association (IATA) on Tuesday revised its 2017 industry profitability outlook upwards to $31.4 billion. According...

95

Indian economy grew at 7.1% in 2016-17, Q4 GDP growth at 6.1%

New Delhi, May 31: India’s gross domestic product during the past fiscal grew at a lower rate of 7.1 per cent, the official...

Cabinet approves abolition of Foreign Investment Promotion Board

New Delhi, May 24 : In a bid to further ease doing business in India, the Union cabinet on Wednesday abolished the over...

168

Twitter launches customisable Direct Message Card for businesses

New Delhi, May 24 : Twitter on Wednesday launched a customisable Direct Message Card that businesses can use to promote and share...

Services to have 4-slab GST rates, no decision on gold

Srinagar, May 19: In a move which is expected to bring prices down from the current levels, the Goods and Services Tax (GST)...

158

GST sub-rates, earnings results to influence equity markets

Mumbai, May 14 : Clarity on GST sub-rates along with ongoing quarterly results season and a firm rupee are expected to influence investors’...

Titan net up 7.5% in Q4; 9.2% in FY 2017

Bengaluru, May 12 : Titan Company Ltd on Friday reported a Rs 201 crore net profit for the fourth quarter (Q4) of fiscal...

India’s factory output dips in March

New Delhi, May 12 : India’s factory output growth slowed to 2.7 per cent in March on the back of poor manufacturing performance...

92

60.5 lakh taxpayers enrolled under GST so far: Hasmukh Adhia

New Delhi, May 11: As many as 60.5 lakh taxpayers have been enrolled under the Goods and Services Tax (GST) in the first...

178

Sebi allows subscription to MF schemes through e-wallets

Mumbai, May 8 : Securities markets regulator Sebi on Monday permitted subscription to mutual fund (MF) schemes through e-wallets. “With an objective to...

275

Largest integrated tractor plant inaugurated in Punjab

The new facility makes International Tractors Limited, which manufactures Sonalika tractors, the world's largest integrated tractor plant.

267

Analysis

Macro data, global cues to chart equity markets’ course

Mumbai, May 7 : Key macro-economic data points coupled with ongoing fourth quarter results and global cues are expected to affect the course...

BSE’s consolidated Q4 net profit up 259%

Mumbai, May 5: Stock market major BSE on Friday reported an exponential rise of 258.99 per cent in its consolidated net profit for...

168

Ordinance to break ‘paralysis’ on NPAs: Arun Jaitley

New Delhi, May 5 : The government on Friday promulgated an ordinance empowering the RBI in a big way to deal with the...

Sensex down by 101.56 points, currently at 30,024.65

Mumbai, 5 May: Indian equity markets cheered the overnight Union Cabinet decisions with the NSE Nifty on Thursday closing at a record...

175

India loses 14.6% market share of domestic aviation due to Noteban

New Delhi: India (14.6%) loses fastest growing domestic aviation mkt tag to China (15.1) in Mar; airlines’ grouping IATA says, ‘mainly due...

113

Railways targeting enhanced non-fare revenue

New Delhi, May 4: Railway Minister Suresh Prabhu on Thursday said the national carrier is targeting to earn USD 6-7 billion in none-fare...

204

CCEA approves foreign investment proposal worth Rs 9,000 crore

Rs 9,000 crore investment in the name of Twin Star Technologies will be made on or before March 2025 from Twin Star...

179

Cabinet approves amendment in Banking Regulation Act

New Delhi, May 3 : In a major decision aimed at tackling the problem of burgeoning non-performing assets (NPAs) of public sector banks,...

Markets open on a higher note on Wednesday

Mumbai, May 3: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade. The...

174

Tata Steel UK sells its speciality steel business to Liberty House

Tata Steel's UK business continues its process of transformation that is essential to create a viable future for its UK strip products...

177

Saudis take 100% control of America’s largest oil refinery

Austin, May 2 : Saudi Aramco, the Saudi Arabia’s state-owned oil behemoth, took 100 per cent control of the sprawling Port Arthur refinery...

138

Indian equities end flat, Sensex closes below 30k mark

Mumbai, May 2 : Global cues on Tuesday depressed the Indian equity markets to close on a flat-to-positive note. According to market observers,...

185

Jaitley promises no surprises in GST rate fixation

The GST Council has finalised four rate categories of 5, 12, 18 and 28 per cent after unifying levies like central excise,...

152

Date to file service tax return extended to April 30

New Delhi, April 27 : In a relief to service tax payers, the government has extended the last date for filing return by...

155

Sensex, Nifty scale lifetime highs on fund inflow, Asian cues

Mumbai, Apr 26 : The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 — both...

191

Hero keen to invest Rs 400 cr for ‘cycle valley’ in Punjab

New Delhi, April 22 : Amid the revival in industry sentiment in Punjab, Hero Cycles on Saturday expressed interest in setting up a...

Indian equities open in green

Mumbai, April 21: Indian equity markets on Friday opened in the green as investors’ sentiments were buoyed by positive global cues and...

157

RBI cautions banks on bad loan risk in telecom sector

Mumbai, April 18: The Reserve Bank of India on Tuesday cautioned about loans given to companies in sectors in difficulty such as...

262

Chidambaram accuses ED of making ‘wild allegations’ against Karti

New Delhi, Apr 18 : Senior Congress leader P Chidambaram today accused the Enforcement Directorate of making wild allegations against his son Karti...

131

India’s wholesale price inflation in March falls to 5.7 %

New Delhi, April 17: Bringing a much anticipated relief to the consumers, India’s annual rate of inflation based on wholesale prices softened in...

Snapchat CEO calls India too poor, ratings drop to ‘one star’

New Delhi, April 16: A day after news fuelled a fire in India in which Snapchat’s CEO Evan Spiegel’s termed India a “poor...

162

The country’s economy stagnant, no investment coming in: Cong

It will take time for this message to reach people, for the false claims made by the government to be understood in...

178

GST E-way bills: Another compliance burden on the way…

Mumbai, April 15: Has CBEC added another burden on the compliance of GST by proposing “e-way bills” in the movement of goods worth...

138

Service tax to move up from 15% to 18% under GST: Hasmukh Adhia

New delhi, April 13: Services sector is likely to attract a higher tax rate of 18 per cent from the current 15...

112

India’s March retail inflation rises to 3.81% month-on-month

New Delhi, April 12: India’s Consumer Price Index (CPI), retail inflation, during March stayed firm month-on- month at 3.81 per cent, as...

CBDT allots PAN and TAN in a day for ease of doing business

New Delhi, April 11 In another move to improve ease of doing business in India, the Income Tax Department has tied up...

104

Geo-political tensions subdue Indian equities

Mumbai, April 7 Global geo-political tensions, outflow of foreign funds and heavy selling pressure in banking, healthcare and metal stocks pulled the...

166

Key Indian equity indices trade lower in early session

The Sensex touched a high of 29,850.71 points and a low of 29,763.02 points in the trade so far.

101

World

Explosive defused in St. Petersburg apartment

Moscow, April 6 Russian police on Thursday defused an explosive device at an apartment in St Petersburg where suspected accomplices of a...

123

Amazon to open sixth logistic hub in Spain

Madrid, April 6 The global e-commerce giant Amazon announced on Thursday that it would be opening a new logistics hub in Barcelona...

AIBEA all set to turn 10 weak banks

Chennai, April 6: The All India Bank Employees Association (Aibea) is gearing up for turning ten weak banks with its suggestions, said a...

126

Sensex crosses 30K mark; foreign funds, tax data push indices higher

New Delhi, April 5 The S&P BSE Sensex rose to its record intra-day high of over 30,000 points, as healthy buying was...

With lowest produce in 7 years, centre to import 5 lakh tonne duty free sugar

New Delhi, April 5: With domestic production of sugar touching the lowest mark in the last seven years, the Centre on Wednesday proposed duty-free...

Markets open on higher note moves to negative zone

Mumbai, April 5: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade....

156

Post-merger, SBI opens with 500 million customers

Mumbai, April 3: Post-merger of five associate banks and the Bharatiya Mahila Bank, top public sector lender State Bank of India (SBI)...

Post merger, SBI begins operations as unified entity

Mumbai, April 1 The State Bank of India (SBI), the country’s largest lender, started functioning as unified entity from Saturday post merger...

196

Rupee bulls shouldn’t expect USD INR to appreciate below 64-65 levels

Monetary tightening is the US is being overlooked by many analysts as the news about tax reform under President Donald Trump's administration...

194

Indian equities subdued on negative global cues

Global oil prices which were expecting a US growth lead rally also fell even as production cartel talks resumed.

139

Golden offer by HCL for 10th pass students

New Delhi, March 27: HCL Technologies Ltd. is giving an offer to high school cleared students to work with them. They will...

Reliance Industries Ltd (RIL) Chairman Mukesh Amban

SEBI bans RIL from equity derivatives market for a year

Mumbai, March 25: The Securities and Exchange Board of India (Sebi) on Friday banned Reliance Industries Ltd (RIL) and 12 others from...

BSNL launches plan to provide 2GB data per day at Rs 339

Ghaziabad, March 21 State-run Bharat Sanchar Nigam Limited (BSNL)on Tuesday launched a plan that will provide 2GB data per day for Rs...

166

SBI to shut down 47% of associate banks’ offices post-merger

New Delhi, March 21 State Bank of India (SBI), which will see five associate banks merge into it on April 1, has...

214

Cabinet clears GST draft bills; reform to boost growth by 2%

The GST Council has already approved four-tier tax slabs of 5, 12, 18 and 28 per cent plus an additional cess on...

191

Sensex down 129 pts in early trade on profit booking

Brokers said investors booked profits after recent strong rally in stocks.

130

I-T Department names tax defaulters owing Rs 448.02 crore

New Delhi, March 18: Tightening the noose on major tax defaulters, the Income Tax Department on Saturday made public the names of...

190

July 1 date with GST looks set as council clears all bills

The council, which met in the national capital, approved the state GST (SGST) and the union territory GST (UTGST) bills.

159

Tribunal asks TRAI to re-examine Jio free offers, declines stay

New Delhi, March 16: The telecom tribunal on Thursday asked the sector regulator to re-examine issues pertaining to Reliance Jio’s free promotional...

174

Strong rupee, positive global cues cheer Indian equities

Mumbai, March 16: Positive global cues, a strong rupee and healthy buying in metals, capital goods and consumer durables stocks, brought a...

179

Printing of new Rs 500, Rs 2,000 notes costs Rs 2.87 to Rs 3.77

New Delhi, March 16: The cost of printing a new Rs 500 currency note is in the range of Rs 2.87 to...

107

Indian markets well placed to absorb Fed rate hike

New Delhi/Washington, March 16: The Indian economy is strong enough to absorb the impact of the US Federal Reserve interest rate hike,...

187

New Google app unlocks Android for kids

San Francisco, March 16: If you have a kid under-13 and wish to introduce him or her to Google, the company has...

107

Key Indian equity market indices open higher

Mumbai, March 16: After the US Federal Reserve hiked its benchmark interest rate a quarter point for the second time in three months,...

Bad loans a challenge, large corporates at root: Jaitley

New Delhi, March 15: Finance Minister Arun Jaitley on Wednesday said that the bad loans of banks remain a challenge, with “very...

RBI processes Sovereign Gold Bonds demat requests

Mumbai, March 14: Putting at rest the Sovereign Gold Bonds (SGBs) investors’ worries over the pending dematerialisation (demat) of their allotted bonds, the...

120

India’s wholesale price inflation rose to 6.55% in February

New Delhi, March 14: India’s annual rate of inflation based on wholesale prices rose to 6.55 per cent in February 2017 as...

120

Sensex rallies 600 points; Nifty 50 hits record high

Mumbai, March 14: The domestic equity indices rallied in green during the early morning trade session on Tuesday. Call it the impact...

307

Expect India to be 3rd-biggest car market by 2020: Suzuki

Geneva, Mar 12 : Suzuki Motor Corporation (SMC) expects India to grow into the third-biggest car market in the world by 2020 and...

132

Air India ran Rs 321-cr operating loss, not profit, in 2015-16: CAG

New Delhi, March 10 Air India has posted a standalone operating loss for 2015-16 of Rs 321.4 crore, though the company has...

149

India’s factory output rises 2.7% post demonetisation

New Delhi, March 10 India’s factory output post demonetisation rose by 2.7 per cent in January, official data showed on Friday. The...

Paytm to continue free uploading of money

New Delhi, March 10: Keeping upbeat the current spirit of going digital, Mobile wallet company PayTM has made a quick U-turn in...

129

Minimum balance penalty to offset costs of Jan Dhan accounts: SBI

Mumbai, March 9: Providing a rationale for re-introducing penalty for non-maintenance of minimum balance in its savings accounts from April 1, State...

120

Selling pressure pulls Indian equities lower

Mumbai, March 8: Indian equity markets provisionally closed in the negative territory on Wednesday as a marginally weak rupee and heavy selling pressure...

127

Global cues, selling pressure subdue Indian equities

Mumbai, March 7: Broadly negative global cues and heavy selling pressure witnessed in metal, automobile and healthcare stocks subdued the Indian equity...

154

Finance Bill to be passed before March 31: Jaitley

New Delhi, March 7: Finance Minister Arun Jaitley on Tuesday said that the Finance Bill 2017 will be passed by Parliament before March...

Netflix signs deals with Airtel, Videocon d2h, Vodafone

New Delhi, March 6 : Global video streaming service Netflix on Monday announced strategic partnerships with Airtel, Videocon d2h and Vodafone — making...

109

Lifestyle

IBFW 2017: About beachwear, business and Bollywood

Panaji, March 5: With renowned names like Suneet Varma and Anupamaa Dayal showcasing their latest creations which suit the beach, resort wear and...

SBI: Penalty for non-maintenance of minimum balance from April 1

New Delhi, March 4: The largest public sector bank of the country the State Bank of India (SBI) has made it compulsory for...

125

Jaitley: Council clears central and integrated GST Bills

New Delhi, March 4: Making a breakthrough in implementing the new tax reform, the all power GST Council headed by Finance Minister Arun...

158

After firing 85% staff, LeEco says not exiting India operations

New Delhi, March 3: After laying off as many as 85 per cent staff across the sales, marketing and distribution departments in...

Council proposes ‘clause’ to levy GST peak rate up to 40 percent

New Delhi, March 3: As Goods and Services Tax (GST) Bill gears up to be presented in the second part of the Budget...

Bitcoin: Can RBI ignore the elephant in the room?

March 3: Virtual currencies like Bitcoin are all the rage in FinTech, and could potentially transform global commerce in the years ahead....

205

VSoft to set up development centre in Andhra

The centre would also be used for banking software development and support activities.

167

Tech

Nokia, Airtel join hands on 5G, IoT applications

New Delhi, March 1 In a strategic move, Finnish telecom equipment manufacturer Nokia and India’s largest telecom service provider Bharti Airtel on...

CSO: Demonetisation pulls down GDP to 7% in Oct-Dec; 7.1% projected for FY16-17

New Delhi, February 28: The Central Statistics Office on Tuesday revealed the growth stats during the quarter running along the demonetisation led by...

150

GST to come into effect from July 1: Das

New Delhi, February 28: The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on...

Jio effect: Airtel scraps roaming charges on calls, data

New Delhi, February 27: Bharti Airtel on Monday announced changes in its domestic and international roaming plans after Reliance Jio offered free...

106

Indian equities indices inch up on buying support

Mumbai, February 28: Indian equities markets traded on a flat-to-positive note during the early morning trade session on Tuesday, as healthy buying...

126

Nationwide strike brings banking operations to a halt

Chennai, February 28: Banking operations across the country came to a halt on Tuesday as 10 lakh bankers staged a strike against...

185

Railways, postal department join hands in parcel business

New Delhi, Feb 27 : The Indian Railways and the Department of Posts on Monday entered into a partnership for facilitating parcel services...

217

‘Bad bank a bad idea, bankers to strike work on Tuesday’

Chennai, February 27: The All India Bank Employees’ Association (AIBEA) has called a country-side strike on Tuesday to demand the recovery of...

Equities indices extend bull run on global cues, strong rupee

Mumbai, February 25: Key Indian equities indices continued their bull run for the fifth straight week to gain over a per cent...

103

Freedom 251 fraud: After Mohit Goel, police hunts for other directors

Ghaziabad, February 24: After arresting Mohit Goel, Delhi police is on a watch out for other four directors of Noida-based Ringing Bells...

194

Another victim of Rs 2000 Churan note by Children Bank of India steps forward

New Delhi, February 23: Had officials of SBI considered Sangam Vihar ATM’s Rs 2000 Churan notes as a stand-alone joke by a...

111

Taxmen to scan Companies with sudden rise in cash sales during note ban

New Delhi, February 23: In a bid to detect possible tax evasion, taxmen are closely looking at any business entity that showed a...

Snapdeal founders to take 100% pay cut, firm commences layoffs

Mumbai, February 23: Indian E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay...

Sensex hits 29000, Nifty at fresh 52-week high

Mumbai, February 23: Indian equities markets on Thursday provisionally closed on a flat-to-positive note, with the telecom sector stocks witnessing healthy buying...

111

Bharti Airtel to buy Telenor India for 7000 cr

New Delhi, Feb 23: India’s largest telecom service provider Bharti Airtel on Thursday announced that it has inked a definitive agreement to...

105

Note ban to slow down India’s GDP this fiscal to 6.6%: IMF

Washington, February 23: Due to disruptions caused by Modi government’s demonetisation drive, International Monetary Fund has yet again estimated a lower GDP growth...

LG launches India’s first smartphone with panic button 112

New Delhi, February 22: Adhering to Telecom authority’s guideline to make the “Panic Button” service on mobile phones mandatory from March 2017,...

Fresh buying support lifts Indian equities; Nifty crosses 8900 mark

Mumbai, February 21: Indian equities markets on Tuesday provisionally closed in the green to touch new 2017 highs, as healthy buying was...

Jio to charge for data from April; crosses 100 mn customer mark: Ambani

Mumbai, February 21: From April Reliance Jio will charge its customers for data usage announced Reliance Industries (RIL) Chairman and Managing Director Mukesh...

Natarajan-Chandrasekaran-tata sons-chairman

Tata Sons boss Chandrasekaran is TCS Chairman too

Mumbai, February 21: Global software major Tata Consultancy Services (TCS) Ltd on Monday announced that Tata Sons Chairman Natarajan Chandrasekaran will also...

128

Uncategorized

HSBC’s 2016 revenues fall 89.67%

London, Feb 21 HSBC announced on Tuesday a fall of 89.67 per cent in net profit for 2016, amounting to $1.3 billion,...

Demonetisation worsens banks’ bad loan crisis; 56.4 % rise in NPAs

New Delhi, February 20: The gross non-performing assets of state owned banks surged 56.4 per cent to Rs 614,872 crore during the 12-month period...

113

Buying jewellery over Rs 2 lakh in cash to attract 1% tax from April 1

New Delhi, February 20: Come April and get ready to shell out more out of your pocket if you make a jewellery purchase...

133

Cash withdrawal limit for savings accounts eased to Rs 50,000

New Delhi, February 20: As per RBI’s earlier directive, cash withdrawal limit for savings bank accounts is eased to Rs 50,000 from today....

134

Jio competitors see washout in Q3, losses likely in Q4 too

New Delhi, February 19: The balance-sheet of major telecom operators in India — Bharti Airtel, Idea Cellular and Reliance Communications — came...

117

Indian equities open on a flat note

Mumbai, February 20: Indian equities markets opened on a flat note with a negative bias during the early morning trade session on...

182

Gold imports shrink 32.7% to USD 19.74 bn in April-Jan

Cash crunch in the system in the wake of demonetisation also impacted the inbound shipments.

147

GST Council clears draft compensation law: Jaitley

Udaipur, February 18: Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) Council has cleared the draft compensation...

215

Indra Nooyi: Demonetisation hurt PepsiCo’s India business in Q4

New Delhi, February 18: Citing noteban’s “significant impact” on business in the last quarter of 2016 in India, the food-and-beverage giant Pepsico’s India-born...

101

Note ban hit microfinance loans in Q3 by 26%: MFIN

New Delhi, February 18: The Indian microfinance industry recorded a drop of 26 per cent in the number of loans disbursed and...

170

Sensex jumps 167.48 points to end at 28,468.75

Delhi, 17 Feb: Sensex jumps 167.48 points to end at 28,468.75; Nifty surges 43.70 points to 8,821.70. Wefornews Bureau

GST could raise solar tariffs by 10%: Report

New Delhi, February 15: Solar tariffs in India may rise by nearly 10 percent if current tax exemptions are curtailed under the proposed...

Disappointing Q3 results, global cues drag equities lower

Mumbai, February 15: Increased chances of an upcoming US rate hike, along with disappointing quarterly results, dragged the Indian equities markets lower...

108

1

Big fat telecom mergers to hit 25,000 jobs at least

New Delhi, February 15: While Indian telecom sector is eying the biggest waves of consolidation this year, what may come as a sheer...

India’s wholesale price inflation rises over 5% in January

New Delhi, February 15: India’s annual rate of inflation based on wholesale prices rose to 5.25 per cent during last month from 3.39...

Pharma pricing regulator cuts stent prices by up to 85%

New Delhi, Feb 14 In a major measure of relief to cardiac patients in India, the government on Tuesday fixed the ceiling...

90

Government IT spending to grow 9.5% in 2017: Gartner

Mumbai, Feb 13 Led by growth in business process outsourcing, the Indian government is set to spend $7.8 billion on IT in...

242

Front Page

Chidambaram asks Jaitley to cut indirect taxes immediately

New Delhi, Feb 12 : Former finance minister P Chidambaram, who feels the Union Budget for 2017-18 is “aimless and directionless”, says the...

182

Coal India’s net profit falls 20.25% in Q3

Kolkata, Feb 11 : Coal India Ltd (CIL) on Saturday reported a 20.25 percent fall in consolidated net profit to Rs 2,884.47 crore...

138

Snapdeal to fire 30% of its staff in the next two months says Report

In a major news, the online shopping platform Snapdeal is about to fire 30% of its staff in the next two months...

Demonetisation affected industrial growth in Dec: Arun Jaitley

New Delhi, February 11: Union Finance Minister Arun Jaitley on Friday admitted that demonetisation had hit hard industrial production in December and normalcy would...

337

Ajay Tyagi appointed SEBI Chairman

New Delhi, Feb 10 : The central government on Friday appointed senior Indian Administrative Service (IAS) Officer Ajay Tyagi as the Chairman of...

234

India’s factory output lowers in December

New Delhi, Feb 10 : A month after the government went in for demonetisation, India’s factory output contracted by (-)0.4 per cent in...

Buying support lifts Indian equities

Mumbai, Feb 10 Indian equities markets traded on a flat-to-positive note during the early morning trade session on Friday, as healthy buying...

214

India only economy doing reforms: Jaitley

"We stand out as the only economy doing reforms because the rest are going towards protectionism,"

183

RBI Monetary Policy 2017: Repo rate unchanged, growth estimate for FY16-17 lowered

New Delhi, February 8: Presenting Sixth Bi-monthly Monetary Policy Statement, 2016-17 today, RBI kept the repo rate and reverse repo rate unchanged at 6.25...

134

Key Indian equity indices trade flat during early session

Mumbai, February 8: Key Indian equity market indices opened flat on Wednesday ahead of the Reserve Bank of India’s monetary policy amid...

246

Front Page

RBI expected to hold interest rates at Tuesday’s review

As a result of the surge in bank deposits following the recent demonetisation of high-value currency, lending rates have fallen by up...

Revenue Secretary Adhia: Penalty of equal amount for receiving cash over Rs 3 lakh

New Delhi, February 5: After proposing a ban on cash transaction of more than Rs 3 lakh in the Union Budget speech,...

182

IDBI Bank employees to strike on Monday

Chennai, February 5: Citing issues related to wage revision and increasing outsourcing, as much as 2000 employees of the IDBI Bank will...

85

Budget 2017-18: What’s cheaper, what’s dearer

New Delhi, February 1: Although Finance Minister Arun Jaitley in his budget speech for 2017-18 on Wednesday said his proposals on excise...

176

#BUDGET2017: Jaitley announces tax sops to woo middle class

New Delhi, February 1: Finance Minister Arun Jaitley offered a big budgetary sop for middle class after demonetisation as he announced 50%...

170

#Union Budget 2017 Preview: What to expect from Jaitley today?

New Delhi, February 1: Finance Minister Arun Jaitley is likely to offer additional tax breaks to the salaried class, increase government spending...

132

India’s Economic Survey pegs next fiscal’s growth at 6.75-7.5%

New Delhi, Jan 31 : India’s Economic Survey for 2016-17 has pegged the country’s growth at between 6.75 per cent and 7.5 percent,...

Budget should be investment, consumption-oriented: SBI Chairman

Chennai, January 30: With lowest credit consumption in the recent times, allocation of money for infrastructure, capital infusion, activation of the new...

100

#Budget2017: Jaitley may hike service tax; Flying, Eating out, phone to get expensive

New Delhi, January 30: Setting up the stage for Goods and Services Tax, Finance Minister Arun Jaitley is expected to hike service...

101

Reliance Group bags Rs 916 crore contract from Indian Coast Guard

Mumbai, January 30: Industrialist Anil Ambani-led Reliance Defence and Engineering on Monday said it has signed a contract with the Ministry of...

208

P Chidambaram outlines Do’s and Don’ts for Jaitley’s budget speech

New Delhi, January 29: Three days before the presentation of Union Budget, Former finance minister P Chidambaram has outlined do’s and don’ts for his Counterpart Arun...

Toshiba chairman to resign over struggling US business

Tokyo, Jan 28, 2017: Japanese tech giant Toshiba’s chairman Shigenori Shiga, plans to resign over the expected massive write-down in the companys...

India’s growth parallels inequality but Jaitley claims 90% transparency

New Delhi, January 27: While Finance Minister Arun Jaitley on Friday claimed that India has become one of the most transparent economies globally,...

89

Demonetisation affected repayment of auto loans: Fitch Ratings

Chennai, January 27: Global credit rating agency Fitch Ratings on Friday said repayment of Indian auto loans got affected by demonetisation and it...

137

#Budget2017: After Note ban, double whammy for Jaitley; give away or slip away?

New Delhi, January 24: After massive economic disruption was caused by Prime Minister Narendra Modi led demonetisation drive in the last quarter, forecasting...

161

JK Paper’s Q3 net profit up 173%

The company's net profit stood at Rs 35.89 crore for the quarter ended December 31, 2016, up from Rs 13.14 crore in...

67

Bengal business meet nets over Rs 2.35 lakh cr investment proposals

Kolkata, January 21: The two-day Bengal Global Business Summit organised by the state government has received investment proposals worth Rs 2,35,290 crore,...

74

Petrol prices cross 2013 peaks, but political opposition missing

New Delhi, January 21: In February 2013, opposition parties, notably the Bharatiya Janata Party (BJP), took to the streets in protest as...

105

Cooperative banks barred from accepting deposits under PMGKY

New Delhi, January 21: In a yet another measure to add teeth to the recent demonetisation drive aimed against black money, the...

200

Businesses pledge investments at Bengal business summit

Mamata Banarjee is at the helm of things in Bengal and under her leadership the third edition of the Bengal Global Business...

502

Foreign accounts, property, bullion can’t be declared under PMGKY

New Delhi, January 19: The government on Wednesday clarified that only unaccounted domestic cash holding can be declared under the new tax...

Govt mulling on cash disincentives; quote PAN details on Rs 30,000 payment

New Delhi: In order to push digital, Modi government may soon announce a series of disincentives on use of cash in the upcoming...

211

Export ban for Clive of India’s rare jewelled flask

London, Jan 19 : An extremely rare jewelled flask given to Clive of India after the Battle of Plassey in 1757, now has...

335

Key Indian equity market indices open flat

Mumbai, Jan 19 : Taking cues from global markets, the key Indian equity market indices opened flat on Thursday. The Sensitive Index (Sensex)...

117

5 general insurers to be listed, government stake to fall to 75%

New Delhi, 18 January: In a major decision on divesting stake in state-run general insurance companies, the cabinet on Wednesday approved the public...

258

Too early to conclude FPI pullout due to demonetisation: SEBI

Kolkata, Jan 17 : Capital market regulator SEBI on Tuesday said It would be “too early” to hold the central government’s demonetisation move...

142

Profit booking, negative global cues subdue equities

Mumbai, January 17: Profit booking, coupled with broadly negative global indices, subdued the Indian equities markets on Tuesday. The key indices provisionally...

148

GST Council’s 9th meet fails to break dual control deadlock

New Delhi, Jan 16: The possibility of implementing the Goods and Services Tax (GST) by the Centre’s targeted deadline of April 1,...

683

How these Branding Doctors are Changing the Game of Brand Management?

New Delhi, Jan 13: With 200 startups shutting down their operations in India in 2016, time has come to rebuild & rethink...

219

India’s factory output up at 5.7%, retail inflation falls to 3.41%

New Delhi, Jan 12 : India’s factory output rose 5.7 per cent in November, the first month of the government’s demonetisation drive, while...

181

N Chandrasekaran named new chairman of Tata Sons

Mumbai, Jan 12: Natarajan Chandrasekaran, 53, who has spent some 30 years in the Tata group, will be the new Executive Chairman of...

155

Expectations of budgetary sops, healthy Q3 results lift equities

New Delhi, Jan 12: Anticipation of healthy quarterly earnings’ results and budgetary sops, coupled with a strengthened rupee buoyed the Indian equities markets...

323

TCS Q3 net profit up 11 p.c. to Rs. 6,778 crore

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs. 29,735 crore in the third quarter of 2016-17, from Rs....

254

Railway To Invest New Tracks Beyond Agartala

Agartala, January 12: The Northeast Frontier Railway (NFR) has invested around Rs 1,000 crore to extend the railway line beyond Tripura capital Agartala...

89

Equities surge on positive global cues, healthy Q3 results

Mumbai, January 11: Positive global cues, coupled with healthy third quarter (Q3) results pushed the Indian equities markets higher on Wednesday....

88

RBI identity has been damaged: Former governor Y V Reddy

New Delhi, January 10: Former Reserve Bank of India Governor Y V Reddy expressed his deep concerns regarding the current state of...

244

Aamir’s ‘Dangal’ Beats His ‘PK’: Bollywood Business

Mumbai, January 9: With “Dangal” registering a collection of Rs 345.3 crore, Bollywood star Aamir Khan has created a new record for...

352

Indian economy’s growth estimated at 7.1% in 2016-17: Government

New Delhi, Jan 6 : The Indian economy is expected to grow at 7.1 per cent this fiscal — without the impact of...

81

Indian equities surge on positive global cues, strong rupee

Mumbai, January 5: Indian equities markets surged on Thursday as positive global cues, appreciation in the rupee and firm crude oil prices lifted...

208

Jaitley hopes to resolve dual control issue in next GST Council meet

New Delhi, Jan 4: Admitting that the Goods and Services Tax (GST) Council was racing against time on the government’s implementation target of...

371

Auto

Ola launches “Share Express”

New Delhi, January 4: Cab aggregator platform Ola on Wednesday launched new “Share Express” feature to make share rides cheaper by 30...

122

Weak domestic cues pull Indian equities lower

Mumbai, January 4: Indian equities markets were pulled lower on Wednesday on the back of weak domestic cues. Disappointing domestic services data...

85

Markets open on a positive note on Wednesday

Mumbai, January 4: The 30-scrip Sensitive Index (Sensex) of the BSE opened on a positive note on Wednesday. After opening at 26,677.22...

189

Infosys, Wipro Chiefs warn of challenging times for Indian IT

Jan 3: Wipro Chairman Azim Premji and Infosys CEO Vishal Sikka have sent out letters on New Year to their respective employees. The...

118

Customers may not eat, if they do not want to pay service charges, say Restaurants

New Delhi, January 3: A strong disagreement has sprung between industry and government body after the Department of Consumer Affairs reiterated on Monday that paying...

103

Indian equities open on negative note

Mumbai, January 3: Indian equities markets opened on a negative note on Tuesday, as investors’ sentiments were suppressed by a weak rupee...

216

Demonetisation ate manufacturing, PMI fell below 50

New Delhi, January 2: Cash-strapped Indian economy saw one of its worse phases, as Manufacturing sector contracted instead of growing for the...

107

Service charges in restaurants not mandatory: Government

NEW DELHI: The government on Monday said that restaurants billing ‘service charges’ in addition to taxes is optional and the consumer has...

131

Indian equities slip on profit booking, weak rupee

Mumbai, January 2: Indian equities markets slipped during the mid-afternoon trade session on Monday, as profit booking and rupee depreciation subdued investors’...

314

Reliance Infrastructure sells stake in IEX for Rs 103 cr

Mumbai, Dec 23 : Reliance Infrastructure (R-Infra) has sold its stake in power trading exchange IEX to a non-resident investor for a consideration...

373

RSS Survey: 70 % businesses affected by demonetisation

New Delhi, Decemeber 17: The charges of “mismanagement failure” and “legal plunder” led by opposition parties in the parliament against the PM Narendra Modi...

132

Tech

Indian smartphone industry in Year 2016: Takeaway points

New Delhi, December 16: With nearly 250 million unique smartphone users in the country and the figure set to reach the 280 million...

118

Industry

Transport industry is limping after demonetisation

Kolkata, December 15: Attacking the central government over demonetisation, Goods Transport Associations on Thursday declared in unison that the transport industry has...

Amazon Launchpad to support Indian startups unveiled

New Delhi, December 5: (IANS) In a move to help Indian startups launch, market and distribute their products to millions of Amazon...

161

Cities

#Demonetisationeffect: 90% traders experience business decline

New Delhi, November 25: A survey participated in by 8,000 respondents has found that 90 per cent of traders and small retailers...

131

Markets open on a positive note on Wednesday

Mumbai, Nov 16: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade....

149

Demonetisation, a double whammy for microfinance sector

Kolkata, November 13: The demonetisation of high-value currency notes has come as a double whammy for micro finance institutions (MFIs), which have...

Cities

Demonetisation Chaos: Businesses to recoup after 2 months

New Delhi, November 12: Post demonetisation of Rs 500 and Rs 1000 currency notes from midnight of November 9, utter chaos and...

62

Key Indian equity indices trade in green

Mumbai, Nov 7: The key Indian equity indices on Monday opened higher following global cues. The 30-scrip Sensitive Index (Sensex), was trading...

S&P rules out India rating upgrade

New Delhi, November 2: S&P on Wednesday ruled out any upgrade in India’s sovereign rating through 2017 despite policy stability and reforms,...

85

Equity markets close flat; negative global cues subdue sentiments

Mumbai, Oct 28 : The Indian equity markets on Friday provisionally ended on a flat-to-positive note. The key indices were dragged to...

185

Flipkart’s exodus continues as CFO Sanjay Baweja resigns

New Delhi, Oct 26, 2016: Marking another top level gateway at the e-commerce major, Flipkart chief financial officer (CFO) Sanjay Baweja has...

India-Samsung-Galaxy-S7-S7-Edge-and-S7-Edge-Plus

Samsung suffers ongoing losses in Seoul Stock Exchange

South Korean tech giant Samsung on Wednesday continued to suffer losses in the Seoul Stock Exchange, with stocks down nearly 3 per...

365

5 Indian-Americans among America’s richest 400: Forbes

New York, Oct 9 : Five Indian-Americans figure among America’s 400 richest people, in a list again headed by Microsoft co-founder Bill Gates,...