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Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

GST collection in April exceeds Rs 1 lakh crore

The buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance.

1 May 2018 2:03 PM IST

Gianni Versace is planning to bring in its range of furniture in India to tap the fast-growing luxury market here.

Versace plans to launch furniture range in India

Versace's furniture is made in Italy and exported to different markets.

1 May 2018 1:55 PM IST

According to a British Curry Awards analysis, 50 % of all curry restaurants around 6,000 are expected to permanently shut down within 10 years (Photo: AFP)

Consumer spends Rs 2,100 per month on eating out

The eating out market is growing at around 25 per cent year-on-year.

1 May 2018 12:47 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Fortis receives revised offer from Malaysia's IHH at Rs 175 per share

Fortis Healthcare board will meet on May 10 to take a decision on the binding bids for the company.

1 May 2018 12:08 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti April sales up 14.4 per cent at 1,72,986 units

Company's domestic sales stood at 1,64,978 units, up 14.2 per cent from 1,44,492 units in April last year.

1 May 2018 11:31 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil extends gains, buoyed by Iran sanction worries

US crude production jumped 260,000 barrels per day (bpd) to a record high of 10.26 million bpd in February.

1 May 2018 10:41 AM IST

Mahindra & Mahindra

M&M to acquire up to 10 pc stake in Resson Aerospace Corp

Company signed a share subscription agreement for subscribing up to 8,00,402 Class C preferred shares of Resson...

1 May 2018 10:22 AM IST

Jan Koum, co-founder and CEO of WhatsApp. (Photo: AP)

WhatsApp co-founder to quit in loss of privacy advocate at Facebook

Facebook has taken steps to generate revenue from WhatsApp, which unlike Facebook does not have advertising.

1 May 2018 9:46 AM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

DoT seeks legal advice on E&V airwave allocation to skirt pitfalls

Spectrum in the E band can transmit 1,000-megabit data per second.

1 May 2018 9:17 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold inches down as dollar stays firm near 3-1/2-month peak

India raised gold holdings by 2.2 tonnes to 560.3 tonnes in 2018 March.

1 May 2018 8:35 AM IST

Mr Vijay said that Kerala use lottery for medical schemes, and other public welfare schemes.

Use lottery to generate funds for welfare'

Lottery distributors plan to approach Niti Aayog with the proposal.

1 May 2018 1:32 AM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

No excise duty cut on petrol, diesel for now, says DEA Secretary

State oil firms have not revised petrol and diesel price for almost a week now.

30 April 2018 5:54 PM IST