Business news

India faces challenges meeting 2019/20 fiscal deficit target - Moody's analyst

India will face challenges meeting its fiscal deficit target of 3.4 percent for 2019/20, a Moody's analyst said on Friday, after the government announced plans to step up rural income support in its last budget before a general election due by May.

Feb 1, 2019

Interim budget FY20: Middle-income earners welcome IT relief

Full tax rebate for individuals on income tax slabs of up to Rs 5 lakh covers a big section of middle-income earners though slabs remain unchanged.

Feb 1, 2019

Budget 2019: Sensex rallies over 500 pts; Nifty nears 11,000 mark

The 30-share Sensex was trading 506.21 points or 1.40 per cent, higher at 36,762.90; and the 50-share Nifty inched near the 11,000 mark rallying 143.30 points, or 1.32 per cent, to 10,974.25.

Feb 1, 2019

Interim Budget 2019: Modi govt sets record in defence allocation

In the last year's budget the outlay for defence was Rs 2.95 lakh crore.

Feb 1, 2019

Budget 2019 Highlights: Modi govt woos poor, farmers and marginal workers before LS elections

The first right on the nation's resources goes to the poor, says Piyush Goyal, presenting Interim Budget 2019.

Feb 1, 2019

Interim budget 2019: Goyal mentions RBI action on stressed banks early in speech

RBI removed Bank of India, Bank of Maharashtra, Oriental Bank of Commerce from prompt corrective action (PCA) framework after they met net NPA norms

Feb 1, 2019

Was Interim Budget 2019 leaked? Congress leader says changes in direct tax revealed

Congress leader Manish Tewari makes scandalous charges just ahead of the presentation of the Union interim budget 2019 in the Lok Sabha on Friday.

Feb 1, 2019

Interim Budget 2019: Tax rebate for those earning up to Rs 5 lakhs per annum

Railways Minister Piyush Goyal will present the budget in place of Union Finance Minister Arun Jaitley due to the latter's absence for medical reasons. The presentation of the budget will begin at 11 am.

Feb 1, 2019

Oyo Rooms to invest $50 million to expand its operations in the Philippines

Oyo is expected to start its operations Manila, Tagaytay, and Cebu with 21 hotels and expand to 10 cities by 2020.

Jan 31, 2019

Interim Budget 2019: Farm, telecom sectors may see major relief proposals

The budget's interim nature may not prevent Narendra Modi government from announcing massive sops targeting the agriculture sector, rural poor, and small and medium business community

Jan 31, 2019

SAP to fire 4,000 employees worldwide; at least 400 layoffs expected in India

The German software giant has said that the layoffs are not for cost-cutting but to bring in new employees with sound knowledge and understanding of the changes in technology.

Jan 31, 2019

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Axis Bank shares soar to 52-week highs after surprising Q3 numbers

The Q3 net was the bank's highest profit in the last 11 quarters.

Jan 30, 2019

Apple, iPhone XR, PRODUCT RED, World AIDS Day

Apple lowers some iPhone prices outside US to offset strong dollar

Apple Chief Executive Tim Cook disclosed the plan on Tuesday after the company reported the first-ever dip in iPhone sales during the key holiday shopping period.

Jan 30, 2019

Airtel shifts focus to Africa, to invest $2.4 bln to expand 4G network

Bhari Airtel entered the African market in 2010 after buying Kuwait-based Zain's Africa operations for $10.7 billion.

Jan 30, 2019

Cobrapost expose says DHFL involved in Rs 31,000 crore loan scam

The scam was carried out by getting loans sanctioned and then sending money to shell companies related to DHFL stakeholders.

Jan 30, 2019

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Business news

India faces challenges meeting 2019/20 fiscal deficit target - Moody's analyst

Interim budget FY20: Middle-income earners welcome IT relief

Budget 2019: Sensex rallies over 500 pts; Nifty nears 11,000 mark

Interim Budget 2019: Modi govt sets record in defence allocation

Budget 2019 Highlights: Modi govt woos poor, farmers and marginal workers before LS elections

Interim budget 2019: Goyal mentions RBI action on stressed banks early in speech

Was Interim Budget 2019 leaked? Congress leader says changes in direct tax revealed

Interim Budget 2019: Tax rebate for those earning up to Rs 5 lakhs per annum

Oyo Rooms to invest $50 million to expand its operations in the Philippines

Interim Budget 2019: Farm, telecom sectors may see major relief proposals

SAP to fire 4,000 employees worldwide; at least 400 layoffs expected in India

Axis Bank shares soar to 52-week highs after surprising Q3 numbers

Apple lowers some iPhone prices outside US to offset strong dollar

Airtel shifts focus to Africa, to invest $2.4 bln to expand 4G network

Cobrapost expose says DHFL involved in Rs 31,000 crore loan scam

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]