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Sensex slips 346 points to close at 36,329; Nifty settles at 10,706

an hour ago

News / Times Of India/ Business

Markets snapped five-day winning run on Wednesday with the benchmark BSE sensex falling over 300 points dragged by financial and IT stocks. The 30-share BSE index dropped 346 points or 0.94 per cent to close at 36,329. While, the broader NSE Nifty finished 94 points or 0.87 per cent lower at 10,706...

Hiring activities up 33% in June: Report

an hour ago

News / Times Of India/ Business

Hiring activities in June remained muted on a year-on-year basis, but registered an increase over the previous month amid nation-wide relaxations of coronavirus-induced lockdown norms, a report said on Wednesday...

Tata Motors brings in 6-month EMI holiday scheme

an hour ago

News / Times Of India/ Business

Tata Motors on Wednesday said it has introduced financing scheme for Tiago, Nexon, and Altroz under which customers can avail six-month EMI holiday. Under the scheme, customers can now make zero down payment, avail a six-month EMI holiday (only interest needs to be serviced monthly) and access up to 100 per cent on-road funding for a loan tenure of five years, Tata Motors said in a statement...

99% businesses in India now in MSME category

3 hours ago

News / Times Of India/ Business Videos

99% businesses in India now in MSME category..

US probing allegations TikTok violated children's privacy: Report

6 hours ago

News / Times Of India/ Business

The Federal Trade Commission and the US Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at protecting children’s privacy, according to two people interviewed by the agencies...

Why South Asians pip East Asians to top roles in US

6 hours ago

News / Times Of India/ Business

A recent study has shown that East Asians (Chinese, Japanese, Koreans) are less likely than South Asians (Indians, Pakistanis, Bangladeshis) and whites to attain leadership roles in American organisations...

Enforcement Directorate registers money laundering case against GVK, MIAL

21 hours ago

News / Times Of India/ Business Videos

Enforcement Directorate registers money laundering case against GVK, MIAL..

'Aatmanirbhar package to have multiplier effect'

22 hours ago

News / Times Of India/ Business

The finance ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, minister of state for finance Anurag Singh Thakur said on Tuesday...

Mike Pompeo says US looking at banning Chinese social media apps, including TikTok

yesterday

News / Times Of India/ Business

Secretary of state Mike Pompeo said late on Monday that the United States is "certainly looking at" banning Chinese social media apps, including TikTok...

'Govt reviewing investment proposals from Chinese cos'

yesterday

News / Times Of India/ Business

The government is reviewing around 50 investment proposals involving Chinese companies, as per sources. Under new rules announced in April, all investments by entities based in neighbouring countries need to be approved by the govt, whether for new or additional funding. China is the biggest of these investors and the rules drew criticism from Chinese investors and Beijing...

Vistara to let flyers book adjacent seat to keep it vacant

yesterday

News / Times Of India/ Business

Vistara will soon let you book the adjacent seat to keep it vacant for flying in these pandemic times, for a discount. Vinod Kannan, the full service carrier’s chief commercial officer (CCO), said the airline has started this practice in the offline mode where two seats can be booked together by a passenger — one for being kept vacant — through travel agents but at the normal price for two seats...

Reliance Industries Limited's market valuation crosses Rs 11.5 lakh crore-mark

2 days ago

News / Times Of India/ Business Videos

Reliance Industries Limited's market valuation crosses Rs 11.5 lakh crore-mark..

Sukanya Samriddhi Yojana: New guidelines, more

2 days ago

News / Times Of India/ Business

In the wake of the ongoing Covid-19 crisis, the Centre has decided to provide some relaxation in the eligibility norms for opening of Sukanya Samriddhi accounts. Now, a new account can be opened in the name of girl child on or before July 31, 2020, who have attained the age of 10 years during the period of lockdown from March 25, 2020, to June 30, 2020...

Covid-19, GST will be future Harvard case studies on failure: Rahul Gandhi's dig at Centre

2 days ago

News / Times Of India/ Business

Congress leader Rahul Gandhi on Monday attacked the government over rising coronavirus cases, saying future Harvard Business School case studies on failure would include the government's handling of Covid-19...

I-T dept makes TDS form more comprehensive

2 days ago

News / Times Of India/ Business Videos

I-T dept makes TDS form more comprehensive..

Centre is pro-industry, pro-development: Gadkari

3 days ago

News / Times Of India/ Business

Union Minister Nitin Gadkari at the Atmanirbhar Bharat web dialogue on Saturday said that India's government is pro-development and pro-industry and wants to create more employment potential and eradicate poverty...

TikTok distances from Beijing after India app ban

3 days ago

News / Times Of India/ Business

Attempting to distance itself from Beijing, social media app TikTok chief executive Kevin Mayer in a letter to the Indian government dated June 28th and seen by Reuters on Friday, said the Chinese government has never requested user data, nor would the company turn it over if asked. TikTok, which is not available in China, is owned by China's ByteDance and is banned in India...

HDFC Bank advances up 21% at Rs 10L cr by Q1-end

3 days ago

News / Times Of India/ Business

Private sector lender HDFC Bank on Saturday reported 21 per cent growth in its advances which totalled Rs 10.04 lakh crore on June 30 as compared to Rs 8.29 lakh crore a year ago and Rs 9.93 lakh crore on March 31...

SoftBank buys more stake in PolicyBazaar

3 days ago

News / Times Of India/ Business

SoftBank Vision Fund has picked up an additional stake for $130 million in EtechAces Marketing and Consulting, which owns online financial services portals PolicyBazaar and PaisaBazaar, according to three sources familiar with the development...

No job cuts but profiles may change: Railways

3 days ago

News / Times Of India/ Business

The Railways on Friday said certain job profiles of its employees might change in the coming days but asserted that there will be no job losses, a day after the national transporter issued a letter, asking its general managers to slash 50 per cent vacancies and freeze creation of new posts...

World’s 5th-largest reserves buffer gives India relief

3 days ago

News / Times Of India/ Business

India has accumulated the world’s fifth-largest foreign exchange reserves at more than $500 billion, making it a bright spot in an otherwise dismal economy...

Services sector activity dips for 4th straight month

3 days ago

News / Times Of India/ Business

India's services sector activity remained in deep downturn in June as the Covid-19 pandemic curtailed intakes of new work orders and disrupted business operations, a monthly survey said on Friday...

Demand for cycles surging with increasing awareness about fitness: Hero Cycles CMD

3 days ago

News / Times Of India/ Business Videos

Demand for cycles surging with increasing awareness about fitness: Hero Cycles CMD..

Cognizant lays off employees across multiple India locations

4 days ago

News / Times Of India/ Business Videos

Cognizant lays off employees across multiple India locations..

World’s fifth-largest reserves buffer gives India some comfort

4 days ago

News / Times Of India/ Business Videos

World’s fifth-largest reserves buffer gives India some comfort..

Supplies squeezed, production at Chinese phone cos in India hit

5 days ago

News / Times Of India/ Business Videos

Supplies squeezed, production at Chinese phone cos in India hit..

Gadkari urges firms to work towards 'Atmanirbhar Bharat'

5 days ago

News / Times Of India/ Business

Union Minister Nitin Gadkari on Thursday urged Indian companies to set their eyes on global expansion to fulfil the dream of 'Atmanirbhar Bharat'. Reducing dependence on imports and enhancing exports is the need of the hour, he said...

HUL's Fair & Lovely skin care brand to be known as Glow & Lovely

5 days ago

News / Times Of India/ Business

Fast-moving consumer goods (FMCG) major Hindustan Unilever Ltd's (HUL's) flagship skin care brand for women Fair & Lovely will now be known as Glow & Lovely. "Over the next few months, Glow & Lovely will be on the shelves and future innovations will deliver on this new proposition," the company said on Thursday...

Google temporarily blocks access to banned Chinese apps in India

6 days ago

News / Times Of India/ Business Videos

Google temporarily blocks access to banned Chinese apps in India..

If elected, will revoke H-1B visa suspension: Joe Biden

6 days ago

News / Times Of India/ Business

Democratic presidential candidate and former US vice president Joe Biden has said that he will lift the temporary suspension on H-1B visas, the most sought-after by Indian IT professionals, if he wins the November presidential elections. On June 23, in a huge blow to Indian IT professionals eyeing the US job market, the Trump administration suspended the H-1B visas...

Railways invites pvt players in train operations

6 days ago

News / Times Of India/ Business

The Railways on Wednesday formally kickstarted its plans to allow private entities to operate passenger trains on its network by inviting request for qualifications (RFQ) for participation on 109 pairs of routes through 151 modern trains, the national transporter said...

Sitharaman asks GST officers to proactively address issues faced by businesses in tax compliance

6 days ago

News / Times Of India/ Business

Finance minister Nirmala Sitharaman on Wednesday asked GST officers to foresee the issues faced by domestic businesses and address them proactively so that they can compete on a global scale and build a self-reliant India...

Gold prices hit all-time high as virus spike lifts safe-haven demand

6 days ago

News / Times Of India/ Business

Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal’s safe-haven appeal...

ATF price hiked by 7.5%; petrol, diesel rates unchanged for 2nd straight day

7 days ago

News / Times Of India/ Business

Jet fuel or ATF price on Wednesday was hiked by 7.5 per cent, the third increase in a month, while petrol and diesel rates were unchanged for the second day in a row...

App ban a setback to ambitions of Chinese tech cos

7 days ago

News / Times Of India/ Business

The ban includes apps from some of the largest Chinese technology companies, including Alibaba, Bytedance, Baidu, Tencent, Xiaomi, YY Inc and Lenovo, which have been building up user bases of millions in India. Even more worryingly for them, India's move ban 59 Chinese apps could set a global precedent. Among the top 200 apps, the share of Chinese apps was at 38% in 2019...

App makers to approach govt to ‘clarify’ position

7 days ago

News / Times Of India/ Business

A day after the govt ordered the “blocking” of 59 Chinese apps, some of them, such as TikTok, Club Factory, decided to approach the Centre seeking to clarify their position while maintaining that they were compliant with Indian regulations. The statements came as Apple and Google said they were yet to receive official communication to remove all 59 the Chinese apps...

US declares Huawei, ZTE national security threats

7 days ago

News / Times Of India/ Business

The Federal Communications Commission on Tuesday formally designated Chinese's Huawei Technologies Co and ZTE Corp as posing threats to US national security, a declaration that bars US firms from tapping an $8.3 billion government fund to purchase equipment from the companies...

Fitch cuts India growth projection to 8% for FY22

7 days ago

News / Times Of India/ Business

Fitch Ratings on Tuesday cut India's growth forecast for 2021-22 fiscal to 8 per cent from 9.5 per cent projected last month. It, however, retained its projection of Indian economy contracting by 5 per cent in the current fiscal. Indian economic growth stood at an estimated 4.2 per cent in 2019-20...

Govt working on 'one nation, one ration card': PM

7 days ago

News / Times Of India/ Business

Prime Minister Narendra Modi on Tuesday said that the government is working on 'one nation, one ration card' which will benefit the migrant workers. "The country is moving towards the institution of ‘one nation, one ration card’, which will be of immense benefit to the poor who travel to other states in search of work," PM said in a televised address to the nation...

China says concerned about India banning apps

8 days ago

News / Times Of India/ Business

China said on Tuesday it was concerned about India's decision to ban Chinese mobile apps such as Bytedance's TikTok and Tencent's WeChat and was making checks to verify the situation...

TikTok removed from Apple, Google stores

8 days ago

News / Times Of India/ Business

Social media app TikTok has been removed from the app stores in a bid to curb downloads after the government ordered to block as many as 59 apps owned or backed by the Chinese. A search for the app done on Tuesday morning showed no results on both Apple Store and Google Play Store. Govt on Monday “blocked” as many as 59 apps, including popular ones such as TikTok, UC Browser...

TikTok, Shareit, UC Brower among 59 Chinese apps blocked by Indian govt

8 days ago

News / Times Of India/ Business Videos

TikTok, Shareit, UC Brower among 59 Chinese apps blocked by Indian govt..

Centre bans 59 mobile apps including Tik Tok, others

8 days ago

News / Times Of India/ Business

The government of India on Monday banned about 59 mobile apps including Tik Tok, UC Browser and some other apps terming them to be prejudicial to the sovereignty, integrity, security of state and public order...

Amazon India eliminates single-use plastic packaging

8 days ago

News / Times Of India/ Business

Amazon India announced on Monday it has eliminated all single-use plastic in packaging originating from its 50-plus fulfilment centres. In September 2019, the company had pledged to meet this goal in an accelerated time frame by June this year. The company had replaced plastic packaging material, such as bubble wraps and air pillows in December 2019...

No arbitrary stopping of goods at ports: Gadkari

8 days ago

News / Times Of India/ Business

Union minister Nitin Gadkari has said there is "no arbitrary stopping of goods" at Indian ports and the government is initiating path-breaking reforms to help MSMEs and businesses and make the country self-reliant...

Big breather for PPE suit manufacturers, India allows export under quota system

9 days ago

News / Times Of India/ Business

In a big win for the Personal Protective Equipment (PPE) suit manufacturers who were facing the danger of closing down their units due to huge shortage of local orders and drop in rates, the Directorate General of Foreign Trade (DGFT) on Monday allowed the export of PPE suits...

Diesel price at new high as fuel prices hiked for 22nd time in just over 3 weeks

9 days ago

News / Times Of India/ Business

Diesel price on Monday scaled a new high after prices were hiked for the 22nd time in just over three weeks, taking the cumulative increase to Rs 11.14 per litre...

Amazon India to hire 20,000 more temporary staff

9 days ago

News / Times Of India/ Business

Amazon India said it is looking to hire 20,000 seasonal or temporary roles for customer support services in India. This is on top of the 50,000 seasonal roles it had announced for the supply chain and delivery network in May...

Covid 19: Contact-trace proposal mooted by Google, Apple

9 days ago

News / Times Of India/ Business Videos

Covid 19: Contact-trace proposal mooted by Google, Apple..

Vande Bharat Mission: Air India to bring back stranded Indians from 17 countries between July 3-15

9 days ago

News / Times Of India/ Business Videos

Vande Bharat Mission: Air India to bring back stranded Indians from 17 countries between July 3-15..

Air India to operate 170 flights to and from 17 countries between July 3-15

10 days ago

News / Times Of India/ Business

The government started the mission on May 6 to help stranded people reach their destinations using special repatriation flights. Scheduled international passenger flights have been suspended in India since March 23 due to the coronavirus pandemic...

In 2019, Indians got 47% residence invites in Canada

10 days ago

News / Times Of India/ Business

Indian citizens bagged 40,275 invites to apply for permanent residence in Canada, under the ‘Express Entry’ route. This is 47% of the total invites (85,300) which were issued to Express Entry candidates during 2019, by the Immigration, Refugees and Citizenship Canada (IRCC) – the immigration arm of the Canadian government...

Fuel rates continue to rise, petrol hiked by 25 paise, diesel by 21 paise

11 days ago

News / Times Of India/ Business

Petrol price on Saturday was hiked by 25 paise per litre and diesel by 21 paise, taking the cumulative increase in rates in three weeks to Rs 9.12 and Rs 11.01 respectively...

Harassed by ‘frivolous’ complaint, Azim Premji and wife move SC

11 days ago

News / Times Of India/ Business

Go to web page....

India to end central control of gas prices, lift LNG transport use

11 days ago

News / Times Of India/ Business

India will gradually end central controls on gas pricing as it seeks to attract foreign investment and technology to lift local output, oil minister Dharmendra Pradhan said on Friday...

Indians park lesser money in Swiss banks, UK citizens top list

11 days ago

News / Times Of India/ Business Videos

Indians park lesser money in Swiss banks, UK citizens top list..

International flights suspended till July 15: DGCA

11 days ago

News / Times Of India/ Business

India could allow schedule international commercial flights on some routes next month. While extending overall suspension of these regular passenger flights to 11.59 pm of July 15, the Directorate General of Civil Aviation (DGCA) said in an order Friday: “International scheduled flights may be allowed on selected routes by the competent authority on a case to case basis.”..

Money in Swiss banks: India at 77th place, accounts for just 0.06% of all foreign funds

12 days ago

News / Times Of India/ Business

India has moved down three places to 77th rank in terms of money parked by its citizens and enterprises with Swiss banks at the end of 2019, while the UK has retained its top position, as per the latest data from Switzerland's central bank...

Cos viable before Covid may get debt recast: FM

12 days ago

News / Times Of India/ Business

The finance ministry has initiated steps for a one-time restructuring for businesses that were viable in the pre-Covid period, but are struggling under the weight of the pandemic, the government said on Thursday...

Auto, pharma sectors not ready to wean off China

12 days ago

News / Times Of India/ Business

Days after a border clash with China, the Indian government told firms to find ways to cut imports from China. But two big industries, automobiles and pharmaceuticals, say this is easier said than done...

Why govt looks inward to save Indian economy

12 days ago

News / Times Of India/ Business

PM Modi wants to make India more self-reliant, but if the experience over the past few years is anything to go by, it’s not going to be easy. Faced with disruptions to raw material from China because of the pandemic and millions of job losses following a nationwide lockdown, Modi has ratcheted up calls to boost local manufacturing & reduce India’s reliance on imports...

Jack Ma replaced as China's richest by Pony Ma

13 days ago

News / Times Of India/ Business

Tencent Holdings Ltd’s $40 billion surge this week and the recent ascent of Pinduoduo Inc have reshuffled the ranking of China’s richest people. The country’s largest game developer has surpassed Alibaba Group Holding Ltd as Asia’s most valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo more than doubled this year...

Trump's restrictive policy on immigration will be detrimental to US economy: USIBC

13 days ago

News / Times Of India/ Business

The temporary suspension of H-1B and other non-immigrant visas by US President Donald Trump along with other restrictive policies on immigration is detrimental to the United States and its economy, president of a top American business advocacy group has said...

Malpractices force RBI to crack down on loan apps

13 days ago

News / Times Of India/ Business

Go to web page....

ITR filing deadline for FY19 extended till July 31

13 days ago

News / Times Of India/ Business

In view of the challenges faced by the taxpayers in meeting statutory and regulatory compliance requirements due to coronavirus, the CBDT on Wednesday extended the deadline for filing income tax returns for the 2018-19 fiscal by a month till July 31, 2020. It has also extended the time limit for linking biometric Aadhaar with PAN till March 31, 2021...

Know why diesel has become more expensive than petrol in Delhi

13 days ago

News / Times Of India/ Business Videos

Know why diesel has become more expensive than petrol in Delhi..

Companies taking steps to bring back migrant workers

13 days ago

News / Times Of India/ Business Videos

Companies taking steps to bring back migrant workers..

Cabinet decisions to boost infra across sectors

13 days ago

News / Times Of India/ Business

The Union cabinet -- chaired by Prime Minister Narendra Modi -- on Wednesday announced landmark decisions to boost infrastructure across various sectors of the economy amid the ongoing coronavirus pandemic...

No passengers on Vande Bharat flights to Dubai: UAE

13 days ago

News / Times Of India/ Business

The United Arab Emirates (UAE) has told Air India that transportation of passengers — whether UAE nationals or not — to the emirates on the repatriation Vande Bharat Mission (VBM) flights is not allowed...

Will your PPF rate walk back to 1974?

14 days ago

News / Times Of India/ Business Videos

Will your PPF rate walk back to 1974?..

Reliance Industries first Indian firm to hit $150 billion market valuation

15 days ago

News / Times Of India/ Business Videos

Reliance Industries first Indian firm to hit $150 billion market valuation..

Fitch Ratings revises India's outlook to 'negative' from 'stable'

20 days ago

News / Times Of India/ Business Videos

Fitch Ratings revises India's outlook to 'negative' from 'stable'..

Top 10 Dialogues of Martin Schwenk at TOI Dialogues: Survival of Luxury

22 days ago

News / Times Of India/ Business Videos

Top 10 Dialogues of Martin Schwenk at TOI Dialogues: Survival of Luxury..

FM Nirmala Sitharaman announces GST relief for small taxpayers to offset COVID-19 impact

25 days ago

News / Times Of India/ Business Videos

FM Nirmala Sitharaman announces GST relief for small taxpayers to offset COVID-19 impact..

Consumer confidence collapses due to Covid-19 pandemic: RBI survey

one month ago

News / Times Of India/ Business Videos

Consumer confidence collapses due to Covid-19 pandemic: RBI survey..

'Low interest rate regime critical for survival of banks'

14 hours ago

News / Times Of India/ Business

Eminent banker and former president of New Development Bank K V Kamath on Tuesday pitched for a low interest regime, saying it is critical for survival of banks at this juncture. In view of the current economic slowdown induced by the coronavirus outbreak and subsequent lockdowns, Kamath's advice for lenders is considerable as banks are staring at a surge in non-performing assets (NPAs)...

Green shoots visible, India will bounce back: Kant

22 hours ago

News / Times Of India/ Business

Go to web page....

Due to Covid-19, international students in US may be deported if universities switch to online classes

22 hours ago

News / Times Of India/ Business Videos

Due to Covid-19, international students in US may be deported if universities switch to online classes..

Infosys charters flight to fly out 206 staff, kin from US

yesterday

News / Times Of India/ Business

Infosys chartered a flight to bring back 76 employees and their families — a total of 206 people — from the US. These are employees whose visas have expired or are nearing expiry...

Private trains to share gross revenue with railways

yesterday

News / Times Of India/ Business

Railways had recently invited private entities to operate passenger trains on its network. As per a Railways document, bidders based on their financial capacity will be required to offer share in the gross revenue at the request for proposal stage for undertaking the project. Passengers of private trains could have to pay for preferred seats, baggage and onboard services...

India e-commerce draft: Amazon, Google to face tough rules

yesterday

News / Times Of India/ Business Videos

India e-commerce draft: Amazon, Google to face tough rules..

Amazon, Google face tough rules in India’s e-commerce draft

2 days ago

News / Times Of India/ Business

India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. The government has been working on the policy for at least two years amid calls to reduce the dominance of global tech giants like Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc...

Sports goods giants plan local production

2 days ago

News / Times Of India/ Business

Global sportswear makers, who get a large chunk of their domestic portfolio from China, are looking to shift sourcing and manufacturing to India and Southeast Asia for the products they plan to sell in the country...

India may see first monthly trade surplus in 18 years

2 days ago

News / Times Of India/ Business

India may register its first monthly trade surplus in over 18 years in June as the pace of contraction of exports is estimated to have slowed down to around 12%, while imports are seen to have fallen almost 49% during the month...

I-T dept amends TDS form, makes it more comprehensive

3 days ago

News / Times Of India/ Business

Go to web page....

PM Modi launches app innovation challenge

3 days ago

News / Times Of India/ Business

Prime Minister Narendra Modi on Saturday launched the Aatmanirbhar Bharat Innovation challenge and urged India's tech and start up community to participate and help create an Aatmanirbhar app ecosystem in the country...

Cognizant lays off employees across India

3 days ago

News / Times Of India/ Business

Go to web page....

Write-downs to surge for cos as Covid hits demand

3 days ago

News / Times Of India/ Business

An increasing number of Indian companies are staring at write-downs in their business this fiscal as they will be forced to record the demand-collapse for their products on profit and loss accounts due to the coronavirus pandemic...

Lockdown halts insolvency process

3 days ago

News / Times Of India/ Business

Lenders who have put on sale assets worth thousands of crores under the insolvency process are finding it difficult to complete deals because of the lockdown. Bidders are reluctant to put in a firm bid as physical visits and informal talks with the management are not happening...

Late fee for delayed filing of GSTR-3B capped at Rs 500

3 days ago

News / Times Of India/ Business

The maximum fee for delayed filing of monthly and quarterly sales return and tax payment form GSTR-3B till July 2020 has been capped at Rs 500 per return. The Central Board of Indirect Taxes and Customs has notified that there will be nil late fees if there is no tax liability...