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Image for representation purposes only. (File Photo | Reuters)
Govt plans to cut coal imports for power PSUs to zero in FY18

The move would reduce the country's import bill by around Rs 17,000 crore.  

6 hours ago

Number of Indian mobile users rises by 13.75 million to 1.16 billion in February: Trai

The Indian telecom market is the second-largest in the world after China in terms of subscriber base.

6 hours ago

Ola. (File photo | Reuters)
Ride-hailing app Ola lost Rs 6 crore a day during 2015-16

The Bengaluru-based firm, which is locked in an intense battle for leadership with US-based Uber, has seen its losses widen about three times from Rs 796.11 crore in 2014-15.

6 hours ago

NITI for replicating Chinese policy to push exports, jobs

Government think-tank NITI Aayog has pitched for creating two coastal employment zones on the lines of a Chinese strategy to promote exports and create jobs.

6 hours ago

Aadhaar – a unique 12-digit number is assigned to about 99 per cent of adult Indian residents. | File Photo
Aadhaar to be soon compulsory for filings under Companies Act

The government will soon make quoting of Aadhaar number compulsory for key managerial personnel and directors in regulatory filings

6 hours ago

Image used for representational purpose |  REUTERS/Amit Dave
BS-III ban: Tractors, CEVs become collateral damage

Tractors and construction equipment vehicles have become collateral damage of the ban on BS-III vehicles imposed by the Supreme Court.

6 hours ago

A man speaks on a mobile phone as he walks past an Essar logo in Mumbai in this February 15, 2007 file photo. (Reuters)
Essar Group seeks Rs 4,000 crore refund from I-T dept

Ruias-owned Essar Group is seeking a refund of Rs 4,000 crore capital gains tax deducted six years ago when it sold stake in telecom venture to Vodafone.

9 hours ago

Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai | Reuters
Reliance Industries, BP to acquire Niko's 10 per cent stake in gas block

Reliance Industries and British energy giant BP Plc will acquire their cash-strapped partner Niko Resources' 10 per cent stake in a gas discovery block in the Bay of Bengal.

10 hours ago

A young visitor to the Express Auto Expo on Saturday clicks a snap of Skoda Rapid. The two-day expo showcases both Indian and foreign auto brands. (Photo | Ashwin Prasath)
Skoda India targets 25 per cent sales growth this year

The company's arm Skoda Auto India had reported a 13.5 per cent decline in sales in 2015.

10 hours ago

Union Finance Minister Arun Jaitley. | AFP File Photo
Aim to collect Rs 19-20 lakh crore in taxes in 2017-18: Jaitley

The government reported a total tax collection of Rs 17.10 lakh crore during 2016-17, highest in last six years.

29 Apr 2017

After Aircel-Maxis case, ED says don't want three-legged race

The ED chief today batted for allowing the agency to independently register and pursue anti-money laundering cases .

29 Apr 2017

US will be mindful of Indian IT companies contribution: IT Secretary

The government today exuded confidence that the US administration will take into account the benefits Indian IT firms.

29 Apr 2017

A Walmart store in Miami, Florida. |AFP
Walmart to open 50 new stores in India soon

The new stores would include 10 in Telangana, for which the US retailer signed a Memorandum of Understanding with the state government.

29 Apr 2017

Niti Aayog Vice Chairman Arvind Panagariya (File | PTI)
No question of levying taxes from agricultural income of farmers: NITI Aayog vice chairman Arvind Panagariya

NITI Aayog vice chairman Arvind Panagariya said the question of levying taxes from agricultural income does not arise.

29 Apr 2017

Sundar Pichai.(File | AFP)
Google CEO Sundar Pichai doubles his pay package

That brought his total compensation in 2016 to $199.7 million, almost twice the $100.6 million he earned in 2015.

29 Apr 2017

Image used for representational purpose only. (File photo | AP)
Smartphone shipments in India grew 15% in Q1 2017: Reports

Smartphone shipments in India registered a growth of 15 per cent annually in the first quarter of 2017, reaching 29 million units.

29 Apr 2017

Finance Minister Arun Jaitley (File | PTI)
India to be voluntary tax compliant society: Jaitley

Finance Minister Arun Jaitley on Saturday said that India will be moving towards becoming a voluntary tax compliant society..

29 Apr 2017

A Samsung Galaxy Note 7 (File | Reuters)
Samsung regains top spot in Q1 smartphone market

The latest figure marks a turnaround from the October-December period of 2016, when Apple stood as the top player.

29 Apr 2017

India’s Financial Services Secretary Hasmukh Adhia.
8-9 lakh registered companies not filing returns: Revenue Secretary Adhia

As many as 8-9 lakh registered companies are not filing annual returns with the Ministry of Corporate Affairs and are a potential source of money laundering.

29 Apr 2017

Chief economic adviser at India's Finance Ministry, Arvind Subramanian. (File | Reuters)
States should distinguish between rich and poor farmers, says Arvind Subramanian

The legal situation is nothing prevents state governments from taxing agriculture income, the chief economic adviser.

29 Apr 2017

An attendant prepares to refuel a car at a petrol station . REUTERS
Now, petrol or diesel won’t give you price shocks!

With the oil companies announcing their decision to introduce daily pricing of petrol and diesel, the time is at hand to know the intricacies of how the price of fuel is fixed.

29 Apr 2017

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