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Centre's e-commerce policy tweak an election year tactic to please core constituency?

Narendra Modi government may have bowed to pressure from BJP's core constituency of offline small traders and businessmen battling online platforms

26 days ago

Jalan panel faces tough task of deciding adequate RBI reserves

Growing global uncertainties in a multi-polar world will make it difficult to arrive at the right amount of risk provisioning.

26 days ago

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Hindustan Unilever fined Rs 383.35 crore for GST profiteering

It is to be noted that this is the highest fine imposed by the NAA for profiteering complaint against any company which is more than double the amount it has already deposited in the Central Consumer Welfare Fund.

26 days ago

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Indian Oil drops plan to buy Mundra LNG terminal stake

State-owned oil major had finished due diligence after receiving board approval last year for taking 50 per cent stake in GSPC LNG's Rs 5,000-crore project.

27 days ago

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

The Union Finance Minister says excessive competition has led to a decline in tariffs affecting GST collection from several service industries.

27 days ago

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Gold surges across Asia as bears dominate equities

Traders seek out safe haven over US worries setting bullion on course for biggest monthly advance since August last year.

27 days ago

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Are Tata and Mahindra pushing Toyota and Suzuki into a hasty alliance deal?

Tata Motors and Mahindra, which are duelling for the third spot in the Indian auto market, are now looking at adding value to their Indian offerings with the help of technological advancement that come from their foreign brands.

27 days ago

Chinese firms come out in support of Huawei, no promotion and incentives to employees using iPhones

While some firms in China are reportedly providing subsidies to workers purchasing Huawei phones, others are said to be more aggressive in their stand against the US and Apple products and denying workers promotions and incentives if they use iPhones.

27 days ago

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Gold holds near six-month peak on weak risk appetite

Gold prices inched lower on Wednesday as the dollar firmed but hovered near a six-month high, supported by political instability in the United States and concerns about a global economic slowdown.

27 days ago

Max India to sell health-care assets to Radiant Life Care

The KKR-backed firm will pick up 49.7 per cent in Max Healthcare for $293 million in the first stage to create an entity with a valuation of Rs 7,242 crore.

27 days ago

GST rate cut: Anti-profiteering watchdog fines HUL Rs 383 crore

NAA took note of consumer goods giant's failure to pass on to consumers benefit of GST reduction from 28% to 18% on some items last year

27 days ago

Facebook CEO Mark Zuckerberg at F8 conference

Facebook India posts 52% jump in revenues at Rs 521 crore; profit soars 40% amid low-cost data

Notably, Facebook's total revenue surged 53 per cent in India which also represents the money it earned through Whatsapp.

28 days ago

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Cars to become dearer as manufacturers introduce BS VI-compliant engines

On a base price of around Rs 6 lakh, the smaller diesel car could witness an increase in prices as high as Rs 50,000-1,50,000 which could eventually hamper sales.

28 days ago