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Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Berkshire Hathaway boss joins economists trashing MMT that advocates printing currency to sustain government expenses.

Mar 16, 2019

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Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved.

Mar 15, 2019

Boeing 737 MAX fiasco: DGCA to monitor predatory pricing of spot tickets

Spot fares have skyrocketed on prime routes forcing aviation authorities to step in even as worst-hit SpiceJet plans to seek compensation from aircraft maker Boeing

Mar 14, 2019

L&T gets ready for hostile bid on Mindtree amid talks for Siddhartha's stake

The CCD founder has raised loans from various lenders amounting to about Rs 3,000 crore that equals the entire value of more than 20% stake he controls in Mindtree.

Mar 13, 2019

ArcelorMittal's Rs 42,000-crore offer for Essar Steel faces more hurdles

Ruias may approach the appellate tribunal pushing the case of their Rs 54,389-crore debt resolution plan that lost to ArcelorMittal's offer

Mar 9, 2019

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Startups cheer as rule changes ease path for receiving new investments

CBDT clarifies relief like an increase in the limit to Rs 25 crore and raising of benefit period to 10 years will be available from February 19

Mar 8, 2019

Government completely bans import of solid plastic waste to fight pollution

It is to be noted that China had banned such imports a few years ago, in the meanwhile India became one of the largest importers of plastic waste

Mar 7, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's e-commerce foray: Shoppers hope for high-volt Diwali fireworks

E-commerce industry relishes the prospect of intense competition with Reliance Retail's entry into the market space already lit up by the intense rivalry between Amazon and Flipkart.

Mar 7, 2019

Cross-border insolvency law changes to boost ease of doing business in India

A separate section in the Insolvency and Bankruptcy Code (IBC) modelled after international best practices will help partners in foreign tie-ups

Mar 5, 2019

No Indian 'retaliation' to Trump decision to curtail duty-free trade benefits

The removal of India from countries enjoying the generalised system of preferences (GSP) list will mainly hit $5.6 billion duty-free exports of agricultural and handicraft products.

Mar 5, 2019

NSEL scam: Commodity brokers jittery as Sebi ban hangs over more entities

Six big names including Motilal Oswal and Geojit hit by the ban as the market regulator is probing about 300 broking entities in the Rs 5,500-crore NSEL scam

Mar 2, 2019

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Anti-fake rules in draft e-commerce policy to help lower originals' cost

Even though online retail companies do not share data on fake products, some studies have pegged the share of counterfeit goods sold online at 20%.

Mar 1, 2019

Finance Ministry asks tax panel to rationalise existing income-tax slabs

Panel will look at tax slabs, particularly the 20% slab, and revise them in the light of international best practices.

Feb 28, 2019

India to keep off WTO talks on global regime for e-commerce

New Delhi treads a cautious path despite surprise Beijing turnaround; indigenous e-commerce policy targets data security by localization of storage

Feb 25, 2019

Representation of the Ripple virtual currency is seen in this illustration picture

Crypto Industry to request government for relaxation in norms

A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature.

Feb 25, 2019