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Government eases lending rules for weak shadow banks

13 hours ago

News / Times Of India/ Business

India's federal cabinet has approved easier lending rules for shadow banks, the government said on Wednesday, to help them get more access to funds. The government said it would allow state-run banks to get partial guarantees against the purchase of BBB+ rated securities of these shadow banks in addition to existing norms for AA or higher rated assets...

Chinese city turns into ghost town after Samsung shifts operation to India, Vietnam

15 hours ago

News / Times Of India/ Business

Huizhou city on the north of China's flourishing Pearl River Delta has turned into a ghost town after Samsung closed its three-decade old factory and shifted operations to India and Vietnam in October, in the first visible fallout of the ongoing trade war between China and the US...

Why GST rates on various items may go up

18 hours ago

News / Times Of India/ Business

With pressure on revenue collection, the goods and services tax rates and slabs may be raised during the GST Council meeting next week. The all-powerful GST Council, headed by finance minister Nirmala Sitharaman, is set to meet on December 18 in the backdrop of lower-than-expected GST collection and pending compensation to many states...

Saudi Aramco shares open 10% above IPO price, garners $1.88 trillion valuation

20 hours ago

News / Times Of India/ Business

Saudi Aramco shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above their IPO price of 32 riyals, in their first day of trading following a record initial public offering (IPO)...

AI in class: Is it reducing human interaction?

22 hours ago

News / Times Of India/ Business

Wreinda Prasad is a chirpy, confident class VIII student who is writing exams set by a machine. “The questions I get are customised to my pace of learning and I do well in these tests. I feel more confident and want to learn more,” says Prasad who studies at Mount Zion school, Gangtok...

Govt to protect buyers of cos facing insolvency

yesterday

News / Times Of India/ Business

The 10-odd amendments set to be moved by finance and corporate affairs minister Nirmala Sitharaman in Parliament will provide that promoters of companies where insolvency action is initiated will have unlimited liability in case of any criminal action, while the corporate entity will be ring-fenced from the action...

Autos to tea stalls: UPI makes inroads

yesterday

News / Times Of India/ Business

As Indians get more comfortable with unified payments interface (UPI) — the home grown app-based account-to-account payments platform — they are now using it to pay for a Rs 7-cutting chai or a Rs 15-bun-maska. As a result, the average ticket size of UPI transactions has more than halved from Rs 3,902 in FY17 to Rs 1,751 in FY20 till date...

Sensex tumbles nearly 250 points

yesterday

News / Times Of India/ Business

Market benchmark BSE sensex declined over 247 points on Tuesday to close at 40,239 as heavy selling emerged mainly in power, oil & gas and IT stocks amid a strengthening rupee...

SBI reports loan divergence of Rs 11,932 cr for FY19

yesterday

News / Times Of India/ Business

The country's largest lender State Bank of India (SBI) on Tuesday reported about Rs 12,000 crore divergence in their bad loans for the last fiscal. As per the assessment done by the RBI, the gross NPA of the SBI was 11,932 crore more at Rs 1,84,682 as against Rs 1,72,750 reported by the bank for 2018-19, SBI said in a regulatory filing...

Vishal Sikka joins Oracle's board of directors

yesterday

News / Times Of India/ Business

Former Infosys CEO Vishal Sikka, who recently launched his AI startup Vianai Systems, has been nominated to the board of directors of global technology major Oracle...

Six of 10 richest realtors from Mumbai: Survey

yesterday

News / Times Of India/ Business

The richest property developers are in Mumbai. The Grohe Hurun India Real Estate Rich List 2019 shows that 6 of the 10 wealthiest realtors are from Mumbai. Heading the list for the 3rd consecutive year is BJP MLA from south Mumbai’s Malabar Hill constituency, Mangal Prabhat Lodha & family of Macrotech Developers with a net worth of Rs 31,960 cr...

Lavish 'desi' weddings run for insurance cover

2 days ago

News / Times Of India/ Business

The big fat Indian wedding has got itself a big fat insurance cover. As expenses of lavish weddings soar, financial risks increase in step. Which is why the idea of insuring weddings — scoffed at a few years ago — has caught on with insurers recording an uptick in the number of families signing up...

Mutual fund assets hit peak, dip in equity flows

2 days ago

News / Times Of India/ Business

There has been a sharp dip in net inflows into equity funds in November even as total mutual fund industry assets under management (AUM) hit an all-time high...

'Tariff hikes can double telcos profit in FY21'

2 days ago

News / Times Of India/ Business

The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help more than double their operating profit to Rs 60,570 crore in FY21 from Rs 29,450 crore in FY19, says a report...

Vodafone Idea stock tumbles 5.6% to hit lower circuit

2 days ago

News / Times Of India/ Business Videos

Vodafone Idea stock tumbles 5.6% to hit lower circuit..

Job creation to rise 7.12% in Oct-Mar: Report

2 days ago

News / Times Of India/ Business

India is expected to witness a marginal 7% rise in job creation in the October-March period, as subdued economic conditions have dampened employment outlook, a report said. According to TeamLease's report, positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, IT, e-commerce and tech start-ups & educational services, among others...

$120k banana peeled from art exhibition & eaten

2 days ago

News / Times Of India/ Business

A performance artist shook up the crowd at the Art Basel show in Miami Beach on Saturday when he grabbed a banana that had been duct-taped to a gallery wall and ate it. The banana was, in fact, a work of art by Italian artist Maurizio Cattelan titled "Comedian" and sold to a French collector for $120,000. A replacement banana was taped to the wall 15 mins later...

Average customer unlikely to pay for outgoing calls, says Reliance Jio

3 days ago

News / Times Of India/ Business

Telecom operator Reliance Jio has claimed that it is offering five times more free outgoing calls limit on other networks than an average customer requires and they are unlikely to pay for the calls. The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals...

India in growth recession: Raghuram Rajan

3 days ago

News / Times Of India/ Business

Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a "growth recession" with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister's Office and powerless ministers...

Airtel, Vodafone Idea remove cap on free outgoing calls to other networks

4 days ago

News / Times Of India/ Business

Telecom operator Bharti Airtel and Vodafone has removed cap from free outgoing calls on other networks under its new plans for pre-paid customers starting December 3. The company had earlier capped outgoing calls to a network of other telecom operators to 1K mins in case of plans with 28 days validity, 3K in 84 days validity plans and 12K in 365 days plan...

TCS first Tata co to include LGBT staff for health cover

4 days ago

News / Times Of India/ Business

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Opec’s output cut to have muted impact

4 days ago

News / Times Of India/ Business

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Karvy Broking holds back clients’ funds

5 days ago

News / Times Of India/ Business

Karvy Stock Broking not only illegally pledged clients’ shares but also held back their payments for months after investors sold through the troubled brokerage firm, it is learnt...

GST rates set to increase as council eyes major revamp

5 days ago

News / Times Of India/ Business

In addition to the proposed recalibration of rates, several items currently exempted from tax — from treatment in “expensive” private hospitals to hotel accommodation under Rs 1,000 and high-value company home leases — may be brought under the ambit of the tax, sources familiar with deliberations between the Centre and states said...

NEFT transactions to be open 24x7 from Dec 16

5 days ago

News / Times Of India/ Business

In a bid to promote digital transactions, the RBI on Friday said round-the-clock transactions will be allowed under the National Electronic Funds Transfer (NEFT) system from December 16. The 24X7 NEFT system will be available on all days of the year, including holidays, it added. ..

Why Saudi is listing its crown jewel

5 days ago

News / Times Of India/ Business

Saudi oil giant Aramco has raised $25.6 billion in the world's biggest initial public offering. The oil-rich kingdom has put a value of $1.7 trillion on Aramco as it prepares to sell 1.5% of the company to fund its "Vision 2030" economic transformation plan...

Low-value prepaid accounts get KYC relief

6 days ago

News / Times Of India/ Business

In a move that will boost low-value electronic payments, the RBI on Thursday said that it will allow prepaid instruments up to Rs 10,000 to be issued with minimum customer details...

Saudi Aramco raises $25.6 billion in initial stock offering: Sources

6 days ago

News / Times Of India/ Business

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IndiGo Neo returns to Mum as PW engine vibrates

6 days ago

News / Times Of India/ Business

Following yet another trouble with Pratt and Whitney (PW) engine, an IndiGo Airbus A320 Neo safely returned to Mumbai on Thursday within an hour of taking off from there for Bengaluru. The Neo (VT-IVU) took off as 6E-236 at 9.38 am. During climb at about 13,000 feet, an older version of PW engine on this plane reportedly experienced heavy vibration...

Nirav Modi declared fugitive economic offender

6 days ago

News / Times Of India/ Business

Absconding businessman Nirav Modi has been declared a fugitive economic offender under the Fugitive Economic Offenders Act by the special Prevention of Money Laundering Act ( PMLA) court on Thursday. He and several others are accused in the Rs 13,000 PNB scam case. He is the second businessman after Vijay Mallya to be declared a fugitive economic offender...

Alphabet’s new CEO finally has a title fitting his role

6 days ago

News / Times Of India/ Business

If you want to know how Alphabet Inc’s new chief executive officer (CEO) Sundar Pichai will run the company you don’t need to look very far -- he’s essentially been doing it for several years already...

Bharti Airtel board gives nod to raise $3billion

7 days ago

News / Times Of India/ Business

The company, which has been asked to submit Rs 35,586 crore by the SC in three months in its October 24 verdict, said it will raise $2 billion (little over Rs 14,000 crore) through a mix of financial instruments that may include “one or more qualified institutions placement, public and/ or private offerings of equity shares, compulsory convertible debentures/other convertible securities/warrants/ ADR/GDR or a combination”...

SP Group sells quarter of its TCS holding

7 days ago

News / Times Of India/ Business

The Shapoorji Pallonji (SP) Group has sold a quarter of its stake in Tata Consultancy Services (TCS) and raised Rs 400 crore, amid credit rating agencies downgrading its debt instruments. The group will use the proceeds to strengthen its balance sheet...

'Debt ETF an opportunity to invest in quality PSU bonds'

7 days ago

News / Times Of India/ Business

The government's decision to launch an umbrella debt exchange-traded fund will provide a better opportunity to retail investors for participation in quality public sector bonds at an affordable cost, experts said on Wednesday. They further said the move would also help in deepening and widening the participation in the Indian corporate bond market...

Google's Sundar Pichai takes helm of Alphabet

8 days ago

News / Times Of India/ Business

Google chief executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago. Alphabet, which owns more than a dozen companies emerged in 2015 as part of a restructuring of Google...

Over 92,000 staff of BSNL, MTNL opt for VRS

8 days ago

News / Times Of India/ Business

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S&P reaffirms India's rating, retains outlook at 'stable'

8 days ago

News / Times Of India/ Business

Global rating agency S&P has reaffirmed sovereign rating of India with stable outlook, economic affairs secretary Atanu Chakraborty said on Tuesday. The rating action comes weeks after another Moody's Investors Service lowered the country's rating outlook to "negative" from "stable". S&P also expects the Indian economy to continue to out-perform its peers...

'Make in India' should not become 'Dump in India': LS members

8 days ago

News / Times Of India/ Business

Lok Sabha members demanded on Tuesday that the bill seeking to regulate ship-breaking in India be discussed in detail to ensure it has adequate measures to reduce the impact on the environment, saying 'Make in India' should not become "Dump in India". 'Make in India' is the government's ambitious programme to boost manufacturing in the country...

Only up to Rs 1 lakh insured in banks: RBI arm

8 days ago

News / Times Of India/ Business

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts, according to the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary of the Reserve Bank of India (RBI)...

Consider using stress fund for Amrapali flats, SC tells government

8 days ago

News / Times Of India/ Business

Facing a fund crunch with cautious buyers so far paying up Rs 103 crore out of their dues of Rs 3,600 crore and NBCC refusing to invest money, the Supreme Court on Monday asked the Centre to consider using its stress fund for construction of stuck Amrapali housing projects...

Karvy Broking suspended for flouting regulatory rules

9 days ago

News / Times Of India/ Business

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We are a government that listens, says Sitharaman

9 days ago

News / Times Of India/ Business

Finance minister Nirmala Sitharaman on Monday responded to the opposition's jibe at the state of the economy by saying that if there is a government that listens, it is PM Modi's government. Sitharaman said that the gross direct tax collection increased by 5 per cent till November, as she allayed fears of corporate tax reduction impacting revenue collection...

Corp tax cut aimed at attracting investments: FM

9 days ago

News / Times Of India/ Business

Finance minister Nirmala Sitharaman in Lok Sabha on Monday said that the government's decision to reduce corporate tax rate was aimed at attracting investment and creating jobs...

Jio to introduce new 'all-in-one' plans with unlimited voice, data from Dec 6

9 days ago

News / Times Of India/ Business Videos

Jio to introduce new 'all-in-one' plans with unlimited voice, data from Dec 6..

Push for $5tn eco: Govt reaches out to India Inc

10 days ago

News / Times Of India/ Business

Since this was perhaps the first time that a high-powered team from the Modi government was talking about the economy amid a slowdown, India Inc was in full attendance at the Economic Times Awards for Corporate Excellence here on Saturday..

Curbs likely on foreign cos in ‘strategic areas’

10 days ago

News / Times Of India/ Business

Government agencies are mulling to keep certain sectors like telecom infrastructure or construction projects in sensitive parts of the country out of bounds for foreign players. While the focus is on countries like China, the talks to put curbs, come at a time when Centre is weighing the option of allowing Chinese telecom major Huawei to participate in 5G trials...

GST collections crosses Rs 1 lakh crore mark in November

10 days ago

News / Times Of India/ Business Videos

GST collections crosses Rs 1 lakh crore mark in November..

GST collection up 6% in Nov, crosses Rs 1 lakh crore mark

10 days ago

News / Times Of India/ Business

During the month of November, the GST collection on domestic transactions witnessed a growth of 12 per cent, highest during the year. The GST collection on imports continued to see negative growth at (-)13 per cent...

Maruti crosses 20 mn passenger vehicle sales mark

11 days ago

News / Times Of India/ Business

The company accomplished this landmark number in less than 37 years of selling its first car on December 14,1983, when it first rolled out the iconic Maruti 800, Maruti Suzuki India (MSI) said in a statement. ..

Blow to AirAsia India, COO Sanjay Kumar quits

11 days ago

News / Times Of India/ Business

In a blow to AirAsia India, Sanjay Kumar — its chief operating officer (COO) — for just about a year has resigned from the position. Kumar is among the most experienced aviation professionals in India who had joined the Tata-AirAsia JV on December 3, 2018, after heading network and commercial at IndiGo for 12 years...

Yes Bank to raise $2 billion from 8 investors

12 days ago

News / Times Of India/ Business

The Yes Bank board on Friday approved a proposal to raise $2 billion equity from eight investors who had individually shown an interest in picking up a stake in the bank. Topping the list at $1.2 billion is SPGP Holdings backed by Canadian family office of Erwin Singh Braich — Canada’s first Sikh billionaire...

IL&FS takes InvIT route to sell nine road projects

12 days ago

News / Times Of India/ Business

IL&FS Transportation Networks, the largest company in the IL&FS group, has taken steps to set up an infrastructure investment trust (InvIT) in a bid to offload the company’s road assets that are not seeing much demand...

India Inc expects growth to rebound in next quarter

12 days ago

News / Times Of India/ Business

Indian industry on Friday said it expects the economic slowdown to bottom out soon and the growth would rebound in the next quarter on the back of a string of steps taken by the government. India's growth falling to a more than six-year low of 4.5 per cent in the second quarter of 2019-20 is sub-optimal...

Core sector output shrinks 5.8% in October

12 days ago

News / Times Of India/ Business

Output of eight core infrastructure industries contracted by 5.8 per cent in October, indicating the severity of economic slowdown, according to the government data released on Friday...

Mukesh Ambani ninth richest on Forbes' real-time billionaires list

12 days ago

News / Times Of India/ Business

With a net worth of $60 billion, Reliance Industries chief Mukesh Ambani has been ranked the 9th richest person globally, according to 'The Real-Time Billionaires List' of Forbes, that was topped by Amazon Founder and CEO Jeff Bezos. The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price...

Ola plans to slash jobs ahead of IPO

13 days ago

News / Times Of India/ Business

Ride-hailing major Ola is planning to cut its workforce by 15-20% over the next two quarters in a bid to improve margins and move towards profitability, sources said...

Pharma companies offer even women to bribe doctors: Study

13 days ago

News / Times Of India/ Business

Medical representatives have revealed widespread use of bribes, including foreign trips, microwave ovens, expensive smartphones, jewellery and even women, by pharmaceutical companies even as the government drags its feet on a 2016 proposal to bring in a Uniform Code of Pharmaceutical Marketing Practices (UCPMP) "with teeth" in the form of penal provisions...

48 websites of central ministries, state governments hacked in 2019 till October

13 days ago

News / Times Of India/ Business

"As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In) a total number of 110 and 48 websites of central ministries/ departments and state governments were hacked during the year 2018 and 2019 (till October), respectively," minister of state for electronics and IT Sanjay Dhotre said in a written reply to Rajya Sabha...

Centre wants RBI to buy out stressed assets of shadow banks: Report

13 days ago

News / Times Of India/ Business

The finance ministry wants the Reserve Bank of India (RBI) to set up a fund to buy out stressed assets of the country's top 25 shadow lenders, a government source told reporters on Thursday...

FM slams 'regressive' DDT, says no recession

14 days ago

News / Times Of India/ Business

Finance minister Nirmala Sitharaman mounted a strong defence of the state of the economy on Wednesday and assured that the government is taking steps in the interest of the country, blaming the UPA for continuing with "regressive measures" such as the minimum alternate tax and dividend distribution tax...

Auto industry problems due to BS-VI order: FM

14 days ago

News / Times Of India/ Business

Finance minister Nirmala Sitharaman on Wednesday said the automobile industry's problems are essentially derived because of the Supreme Court's order to upgrade to BS-VI emission norms, thereby resulting into a churn in the sector...

No proposal to reduce retirement age of employees

14 days ago

News / Times Of India/ Business

There is no proposal to reduce the retirement age of employees from 60 years to 58 years, the government said on Wednesday. "No, sir. Presently, there is no proposal to reduce age of retirement on superannuation from 60 years to 58 years," minister of state for personnel Jitendra Singh said in a written reply to Lok Sabha...

Cognizant to raise variable pay part for sr execs

14 days ago

News / Times Of India/ Business

Cognizant is expected to rejig the compensation structure of those in the rank of director and above, with a huge bump-up in the variable component, effective next year...

J&K: Shutdown boosts landlines connections

15 days ago

News / Times Of India/ Business

The active mobile subscriber base in Jammu & Kashmir has almost halved from July to September. However, there was an increase in the state’s number of landline connections, which were the only communication link amid the communications clampdown that began in August...

RIL m-cap comes very close to Rs 10 lakh crore

15 days ago

News / Times Of India/ Business

The market valuation of Reliance Industries, the country's most valued firm, came very close to the Rs 10 lakh crore mark in intra-day trade on Tuesday. The oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 9,99,045 crore ($139 billion) during the trade on the BSE. However, at close of trade it came down to Rs 9,88,179.79 crore (nearly $138 billion)...

Petrol pump norms: Minimum 100 in remote areas

15 days ago

News / Times Of India/ Business

According to a Gazette notification detailing the norms for setting up petrol pumps, the licensee would also be required to "install facilities for marketing at least one new generation alternate fuels like compressed natural gas (CNG), biofuels, liquefied natural gas, electric vehicle charging points etc at their proposed retail outlets within three years of operationalisation of the said outlet."..

AI seeks sovereign guarantee to raise Rs 2.4k-cr loan

yesterday

News / Times Of India/ Business

Cash-strapped Air India has sent an urgent SOS to the government, seeking immediate sovereign guarantee for raising Rs 2,400 crore as fresh loan to somehow keep flying till outcome of the second divestment process is known...

Electricity demand falls for fourth straight month

yesterday

News / Times Of India/ Business

India’s power demand fell 4.3% in November from a year ago, representing the fourth straight month of decline, government data showed, potentially reflecting a worsening industrial slowdown which has stifled overall economic growth...

PV sales slip into negative territory in November

yesterday

News / Times Of India/ Business

Domestic passenger vehicle sales slipped into negative territory once again in November after registering a slight recovery in the preceding month, as muted demand conditions forced companies to reduce their dispatches to dealers...

Blockchain jobs rising fastest, says LinkedIn

yesterday

News / Times Of India/ Business

Blockchain developer, artificial intelligence (AI) specialist and JavaScript developer are the top emerging jobs in India, as per LinkedIn’s 2020 Emerging Jobs Report...

RBI urges government to cut rates on small savings schemes

yesterday

News / Times Of India/ Business

The RBI has urged the government to move forward on reducing interest rates on small savings schemes such as public provident fund (PPF) and post office deposits, to help banks pare rates on deposits and loans and lead to a better transmission of the central bank’s rate cuts...

'Highest loan defaults from late salary payments'

yesterday

News / Times Of India/ Business

With the downturn in the economy, a report finds that delay in payment of salaries by employers is the top reason for retail loan defaults across India. More than 36% of loan defaults were due to late salary credits, said the report by Paytm-backed CreditMate, which looked at payment patterns of 2 lakh borrowers from fintechs and NBFCs in 30 states...

Diabetes treatment to cost less on cheaper version

2 days ago

News / Times Of India/ Business

The potential of more affordable diabetic care comes in the wake of Swiss major Novartis-owned Vildagliptin losing patent on Monday — a development closely watched for months. Dozens of companies have readied plans to get a slice of the action in the growing Rs 14,000-crore diabetes therapy market, with the number of players expected to cross 50 soon...

'Cognizant is back! Best days are ahead': CMD

2 days ago

News / Times Of India/ Business

Cognizant, founded in Chennai, elevated Ramkumar Ramamoorthy as CMD of India operations. With nearly 2.9 lakh employees globally — half of which are in India, the company’s ‘Fit for Growth’ strategy is set to see few thousand employees getting the pink slip...

Sensex, Nifty show marginal gains

2 days ago

News / Times Of India/ Business Videos

Sensex, Nifty show marginal gains..

'Currency in circulation rises to Rs 21 lakh cr'

2 days ago

News / Times Of India/ Business

Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-17, Parliament was informed on Monday...

Petrol price hits Rs 75 per litre-mark, diesel crosses Rs 66

2 days ago

News / Times Of India/ Business

Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year & diesel price crossed Rs 66 a litre mark in the national capital as oil firms raised rates to make up for rising cost of production. Petrol price was on Monday hiked by 5 paise per litre & diesel by 10 paise a litre. Rates have been on the rise since November 9, barring one day...

Government to push MSME-made goods through e-tailers

3 days ago

News / Times Of India/ Business

The government plans fee-based arrangements with marketplaces such as Amazon and Flipkart for pushing goods produced by micro, small and medium enterprises (MSMEs), while eyeing a tie-up with a financial sector entity to boost business-to-business (B2B) sales by small enterprises...

We are aiming for Rs 3,000 crore in five years: MD Indigo Paints

3 days ago

News / Times Of India/ Business

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‘Working on personal tax rate rejig’

4 days ago

News / Times Of India/ Business

Finance Minister Nirmala Sitharaman on Saturday said government is working on more steps, including rationalisation of personal income tax rates which is one of several measures to revive the economy...

Bharti Airtel to gain at cost of Vodafone Idea: Report

4 days ago

News / Times Of India/ Business

Telecom czar Sunil Bharti Mittal-led Bharti Airtel may consolidate its position at the expense of Vodafone Idea Ltd as it has better balance sheet strength to deal with the eventuality of having to pay past statutory dues in case the Supreme Court rejects their review petitions, brokerages said...

Auto components sector sees 1 lakh temporary job losses

4 days ago

News / Times Of India/ Business

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Sebi asks LIC, SBI, BoB to pare stakes in UTI MF

5 days ago

News / Times Of India/ Business

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End of story for Voda Idea if govt does not support: KM Birla

5 days ago

News / Times Of India/ Business

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Consumer sentiment lowest in 5 years: Survey

5 days ago

News / Times Of India/ Business

The current situation index fell to 85.7 in November from 89.4 in September, according to the Reserve Bank of India’s consumer confidence survey, where 100 is the dividing line between pessimism and optimism. The future expectations gauge -- that takes into account the one-year ahead perceptions -- fell to 114.5 from 118.0...

Onion prices shoot up to Rs165/kg

5 days ago

News / Times Of India/ Business

Showing no signs of cooling down, retail onion prices have continued to spiral, touching as high as Rs 165/kg on Friday even as the government grapples to boost the supplies through imports...

Maruti recalls 63,493 units of Ciaz, Ertiga, XL6 to fix faulty part

5 days ago

News / Times Of India/ Business

Maruti Suzuki India said it is recalling 63,493 units of petrol smart hybrid (SHVS) variants of Ciaz, Ertiga and XL6 models to rectify faulty motor generator unit (MGU). A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier, it added...

US hurdle in unified plan to tax digital companies

6 days ago

News / Times Of India/ Business

In a sudden development, the US government has raised concerns over the proposed rules for taxing highly digitalised global companies such as Amazon, Google and Facebook...

'RBI looking at HDFC net banking glitches'

6 days ago

News / Times Of India/ Business

A team from RBI is visiting HDFC Bank to identify the reasons behind the outage in online banking which inconvenienced thousands of the banks' customers for two days. “We are cognizant of the problem. It happened on December 2, and it was due to technical glitches. The net banking was restored on Tuesday,” said MK Jain deputy governor RBI on Thursday...

BJP govt is clueless about economy: P Chidambaram

6 days ago

News / Times Of India/ Business

"Government is clueless on the economy; It is stubborn, mulish in defending catastrophic mistakes like demonetisation, flawed GST," said former Union finance minister P Chidambaram on Thursday. He also mentioned Dr Arvind Subramanian’s caption which said, "5% under this government, because of suspect methodology, is not really 5% but less by about 1.5%."..