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Kotak Mahindra Bank cuts 10% pay for all staff earning above Rs 25 lakh. (PTI Photo)

Kotak Mahindra Bank announces 10% pay cut for staff earning above Rs...

The move comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21

7 May 2020 1:43 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

7 May 2020 1:18 PM IST

EPFO allows employers to register digital signatures through e-mail. (Photo- Twitter)

EPFO alert! Employers to register digital signatures online through...

Employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar-based...

7 May 2020 1:15 PM IST

Multinational companies looking to move out of China should consider Assam, with its abundant natural resources. (PTI Photo)

Assam woos MNCs moving out of China

Tea industry loses Rs 600 crore due to lockdown

7 May 2020 11:44 AM IST

Zomato targets alcohol deliveries, aims to cash in on demand for liquor. (AFP Photo)

Zomato India mulls liquor deliveries over surge in demand

Zomato would target areas that are relatively less affected by Covid-19

7 May 2020 11:18 AM IST

Oil marketing companies shares drop 13%. (PTI Photo)

Oil marketing companies shares drop 13%, after hike in excise duty on...

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil...

7 May 2020 9:24 AM IST

Oil prices rose on Thursday after U.S. inventories swelled less than expected. (AFP Photo)

Oil gains as US inventories grow less than feared

While prices have risen sharply since April as some countries started easing lockdowns put in place to combat worst...

7 May 2020 9:20 AM IST

Indias services activity collapses as coronavirus palayses global economy. (PTI Photo)

Coronavirus lockdown causes historic spike in layoffs in India

The steep downturn in activity underlined the widespread havoc wrought by the pandemic worldwide

6 May 2020 1:32 PM IST

European Union flags are seen in front of the European Commission building in Brussels. (AFP)

EU to beef up scrutiny of money-laundering risks, adds Panama to...

The listing left out Saudi Arabia which was included in a draft list until it was struck down after pressure from the...

6 May 2020 11:45 AM IST

Airbnb Inc is laying off 25% of its workforce. (AFP Photo)

Airbnb cuts 1,900 jobs as coronavirus hits home rentals

Airbnb's business has been hit hard, with revenue this year forecasted to be less than half of what we earned in 2019

6 May 2020 10:50 AM IST

India hikes taxes on petrol, diese. (PTI Photo)

Consumers won't benefit from lower crude oil prices as govt hikes...

Taxes and duties on petrol and diesel were increased by 10 rupees/litre and 13 rupees/litre, respectively

6 May 2020 10:27 AM IST

Badly hit by virus lockdown, MSMEs waiting to start businesses

Badly hit by virus lockdown, MSMEs waiting to start businesses

Confederation wants MSME within Industrial Estates to be allowed to operate with 50% labour

6 May 2020 9:52 AM IST