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PM Modi met Putin on Wednesday on the sidelines of the 11th BRICS Summit and reviewed the full range of India-Russia relations. (Photo: Twitter)

RBI spells out re-settlement terms

The RBI said that authorised banks would need to take its permission before instituting the rupee trade settlement...

12 July 2022 9:47 AM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

IT Stocks Bleed after TCS' Muted Q1 results

TCS shares closed 4.64 per cent down at Rs 3,113.25 on the BSE, wiping out Rs 55,471.21 crore from its market...

12 July 2022 9:45 AM IST

New office space supply down 93pc, demand falls 73pc during Jan-Jun due to COVID-19. (Representative Image)

Office realty sees strong momentum in H1

Office absorption in the major cities stood at 29.5 million square feet, up 157 per cent over Covid-hit H1 2021

12 July 2022 9:42 AM IST

IndiGo announces deeper pay cuts of up to 35 per cent for senior employees. (AFP Photo)

Two new IndiGo aircrafts to have Recaro Seat BL3710

The low-cost airline will be the first to feature the bestselling economy class seat in the Indian sub-continent

11 July 2022 2:02 PM IST

GST has helped interstate movement of goods. Representational Image. (DC File Image)

Highest 28% GST on luxury, sin goods to continue: Revenue Secy

The GST Council has set up a Group of Ministers (GoM), under Karnataka CM Basavaraj Bommai, to suggest rationalisation...

4 July 2022 11:48 PM IST

Finance Minister Nirmala Sitharaman chairs the GST Council meeting, in Chandigarh, Tuesday, June 28, 2022. (PTI Photo)

GST Council puts off compensation decision till August

A final decision is likely to be taken at the next meeting of the council in the first week of August

30 Jun 2022 1:27 AM IST

Finance Minister Nirmala Sitharaman chairs the GST Council meeting, in Chandigarh, Tuesday, June 28, 2022. (PTI Photo)

GST Council removes tax exemptions on some items

States clamour for more revenue share

29 Jun 2022 12:59 AM IST

Pallonji Mistry (Image credit: Facebook)

Business tycoon Pallonji Mistry dies at 93

Mistry is the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate

28 Jun 2022 10:56 AM IST

SpiceJet had approached the DGCA for permission since the rest for the pilots was not in a suitable environment as mandated by Indias Civil Aviation Regulations (CAR). (Representational Photo: PTI)

Minimum 10-15% increase in airfares must: SpiceJet CMD

In his statement on Thursday, Ajay Singh said that the ATF prices have increased by more than 120 per cent since June...

16 Jun 2022 1:05 PM IST

FICCI calls for interest-free, collateral-free loans to support MSMEs amid lockdown. (ANI Photo)

Credit demand of MSMEs at 85 pc of pre-Covid levels

In case of metro cities, demand is around 81 per cent levels as of March 2022. Non-metros have seen a rebound to 99% of...

14 Jun 2022 1:00 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 7:55 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI hikes key rate by 0.5 per cent as it tries to tame inflation

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

9 Jun 2022 1:12 AM IST