Business news

GST Likely to Increase Costs for E-Commerce Firms Flipkart, Snapdeal by 10-15%

Industry watchers say that the e-commerce sector might be impacted more once the GST is implemented.

May 16, 2015

Brazil: Health minister confirms dengue outbreak an ‘epidemic’

Brazils Health Minister Arthur Chioro on Thursday (14 May) said the country was technically facing a dengue fever epidemic.

May 15, 2015

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Britain could attract $37bn funding to develop new antibiotics

A British government-backed review released on Thursday (14 May) is seeking billions of dollars to fund the development of 15 new antibiotics to counter antibiotic resistance.

May 15, 2015

Snapdeal Grants Stock Options to 1,200 Top Performers

The e-tailer has raised the share of equity allocated for distribution of options to 10 percent from 6 percent.

May 14, 2015

Crude Oil Rally Purely Driven by Speculation, Potential Correction Ahead: Report

Commerzbank sees considerable correction potential in oil prices.

May 13, 2015

HSBC 'Underweight' on Sensex, to Return to Dalal Street Only After 10% Further Fall

The bank says foreign investors buying of domestic equities looks stretched.

May 13, 2015

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Australian conservatives deliver soft budget after last years bruising

Australias conservative government delivered budget proposals on Tuesday (12 May) that were light on radical reform but heavy on pledges to return to surplus, playing it safe politically after the disastrous reaction to last years budget.

May 13, 2015

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Hyderabad to Host Google's Biggest Campus Outside US

Expected to be ready by 2019, the facility will be the first company-owned campus in Asia.

May 13, 2015

Kerala Box Office: Mohanlal's 'Lailaa O Lailaa', Lal Jose's 'Nee-Na' to Clash with Ranbir Kapoor's 'Bombay Velvet'

Mohanlal's 'Lailaa O Lailaa' is scheduled to hit screens on 14 May, whereas Lal Jose's 'Nee -Na' and Rabir Kapoor's 'Bombay Velvet' will be released on 15 May

May 12, 2015

Indian Markets Tumble Over Delay in Key Bills, Weak Rupee; Sensex Plunges 630 Points

Worries over the delay in reforms such as GST and land bill have apparently dampened the investors' sentiments.

May 12, 2015

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Edmund Shing: Goodbye mansion tax, hello post-election property bonanza

A property bonanza looms now that a Labour mansion tax is no longer on the cards.

May 12, 2015

US Weekend Box Office Collection: 'Uttama Villain' ('Uthama Villain') Leads; 'OK Kanmani' Beats 'Kanchana 2'

Kamal Haasan's "Uttama Villain" and Mani Ratnam's "OK Kanmani" continues to impress the audience in the United States.

May 12, 2015

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Ebola: Liberia celebrates as WHO declares the nation clear

Liberians celebrated a day of Thanksgiving on Monday (11 May), just days after the country was declared free from Ebola.

May 12, 2015

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Radiation: Scientists appeal to UN to protect against danger of wireless devices

Nearly 200 scientists submitted an appeal to the United Nations on Monday (11 May) requesting it to adopt guidelines to protect against electromagnetic radiation that emit from cell phones, laptops, tablets and other wireless devices.

May 12, 2015