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Commerce & industry minister Suresh Prabhu.

Centre to set up new unit to boost exports

The government is planning to set up an organisation to promote Indian exports to different geographies.

28 Nov 2017 12:48 AM IST

$The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo: AFP/Representational)$ Business

Black money: Taxmen to launch assessment of defaulters from Jan

CBDT has asked the taxman to finish the process of serving notices to such entities by December 31.

27 Nov 2017 8:53 PM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

GST tax kitty drops to Rs 83,346 crore in November on rate cut

About 50.1 lakh GST returns have been filed for the month of November, a finance ministry statement said.

27 Nov 2017 8:39 PM IST

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: PTI/Representational)

Divestment plan, GST to reduce government's fiscal woes

The report said the government's divestment strategy has a potential to generate Rs 1 trillion.

27 Nov 2017 7:34 PM IST

Railway Minister Suresh Prabhu

Prabhu asks industry to set USD 1 trillion target for manufacturing...

The Manmohan Singh government had set a target of taking manufacturing in GDP share to 25 per cent by turn of 2025.

27 Nov 2017 6:19 PM IST

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

Markets end in positive zone on European cues, late buying

Unabated buying by domestic institutional investors (DIIs) and positive leads from European markets supported the upward...

27 Nov 2017 4:45 PM IST

Essar concludes Aegis sale for Rs 2,000 crore, says it's able to cut...

The company announced the conclusion of the Rs 2,000-crore sale of Aegis to Capital Square Partners (CSP).

27 Nov 2017 4:35 PM IST

Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the cab-hailing service provider. (Photo: AFP/Representational)

Uber executives travel world to reassure regulators as controversies...

A stream of executives have left Uber amid controversies involving sexual harassment, data privacy and business...

27 Nov 2017 4:00 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC officers seek PM intervention to stall Oil Ministry's move

ONGC is investing heavily in new technology and processes to improve recovery from the ageing fields.

27 Nov 2017 3:20 PM IST

AIU officers rummaged AI 984, which resulted in the recovery of 20 gold bars and one crude gold chain totally weighing 2.362 kilograms valued at Rs 71,66,308. (Representational Image)

Gold prices rally on positive global cues, jewellers' buying

Gold gained on a firm trend overseas as the dollar held close to a two-month low, raising appeal of the precious metal...

27 Nov 2017 2:44 PM IST

There would be no privatisation of the state-owned Coal India, said interim CMD Gopal Singh.

'Coal import may see further dip on self-sufficiency push'

Import of coal declined 6.37 per cent to 191.95 million tonnes in 2016-17.

27 Nov 2017 2:00 PM IST

Former Infosys CFO Mohandas Pai

West Bengal has to change image in minds of investors: Ex-Infosys...

Mohandas Pai said that although Trinamool is trying to change the image, there was a need to change perception of the...

27 Nov 2017 1:55 PM IST