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Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

Flipkart investors, employees trimming stakes as part of SoftBank deal

In August, Flipkart said SoftBank's Vision Fund had committed to the deal, giving the company an edge over Amazon.com.

30 Nov 2017 3:54 PM IST

The railways has started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. (Photo: File/Representational)

Railways eye 2022 launch for hi-speed network interconnecting

Project has been appraised by NITI Aayog and is awaiting Cabinet sanction which is under process.

30 Nov 2017 3:53 PM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

India has standardised itself for 7-8 per cent growth: Jaitley

India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

30 Nov 2017 3:40 PM IST

Union Minister for Finance and Corporate Affairs Arun Jaitley (Photo: PTI)

Jaitley hints at further rationalisation of GST rates

Jaitley said GST started with different tax rates and they have rationalised rates on many items.

30 Nov 2017 3:39 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Fiscal deficit hits 96 per cent of India's total budget estimate in...

India's fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo:...

30 Nov 2017 3:27 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Flat income tax rate undesirable for India: stakeholders

Stakeholders believe a flat income tax rate is not progressive in an unequal society like India.

30 Nov 2017 3:12 PM IST

Railway Minister Suresh Prabhu

India poised to become world's third largest economy: Prabhu

Government wants to take manufacturing to 20 per cent of the GDP, helped by SMEs.

30 Nov 2017 2:38 PM IST

Sensex climbed 122 points to finish the day on high

Stocks extend losses on F&O expiry, GDP data

NSE Nifty trading below key 10,300 level at 10,275.85, down by 85.45 points or 0.82 per cent.

30 Nov 2017 12:17 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold futures up Rs 40 on global cues

Gold is trading at Rs 29,374 per 10 grams in futures trade as speculators created fresh positions.

30 Nov 2017 12:15 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex tanks 185 points to 33,417.52, Nifty slides to 10,303.80 in...

Investors were cautious ahead of September quarter GDP data to be released later in the day.

30 Nov 2017 10:24 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee slides 24 paise against US dollar ahead of GDP data

On Wednesday, the rupee had maintained its upbeat trend and ended at a fresh two-month high of 64.31 against the US...

30 Nov 2017 10:06 AM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India seen posting stronger growth on GST, note ban disruptions fading

The economy had slowed down to a trickle of 5.7 per cent in the June to April quarter, largely on GST and note ban...

30 Nov 2017 9:24 AM IST