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The finance ministry has said the tax department should file a third appeal in a case only selectively and after a critical examination. (File Photo)

Third appeal in tax cases should be filed selectively: CBEC

The TPRU had suggested that CBEC should not contest a case further, if the issue has been lost in two previous stages of...

14 Nov 2017 8:41 PM IST

PNGRB last week gave GAIL four more years till February 2019 to complete the 1104-km Kochi-Koottanad-Bangalore-Mangalore natural gas pipeline.

GAIL posts 41.6 per cent rise in Q2 net profit

The firm transported and marketed 5 per cent more gas volumes in the July-September quarter.

14 Nov 2017 7:00 PM IST

However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

India's Oct trade deficit widens to near three-year high of USD 14.02...

Goods imports last month were USD 37.12 billion, a gain of 7.6 per cent from a year ago.

14 Nov 2017 6:15 PM IST

Vodafone on Friday launched its SuperWeek plan that offers unlimited calling and 500 MB data at about Rs 69 with 7 days of validity. (Photo: PTI)

Vodafone pre-tax profit plunges over 39 per cent to Rs 4,075 cr in H1

Vodafone India on Tuesday reported a steep 39.2 per cent plunge in pre-tax profit at Rs 4,075 crore for the six months...

14 Nov 2017 5:22 PM IST

The benchmark BSE Sensex gained over 156 points in early trade on Tuesday. (Photo: AP)

Sensex slides below 33,000-mark, Nifty at 10,186.60 on inflation...

A seven-month high retail inflation that reduced chances of interest rate cut dampened market sentiment on Tuesday.

14 Nov 2017 4:35 PM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Bring realty under GST with stamp duty, moderate rate: Assocham

Assocham official also expressed his views on whether petroleum, electricity and alcohol should be brought under the...

14 Nov 2017 3:59 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India services export flat at $14 bn in Sep, import grows

The services sector contributes to about 55 per cent in India's gross domestic product.

14 Nov 2017 2:29 PM IST

F-Pace, from its Pune plant and priced it Rs 8.4 lakh lower than the CBU model.

Jaguar launches locally-made F-Pace at Rs 60.02 lakh

Bookings are now open and deliveries will begin from the end of November

14 Nov 2017 2:11 PM IST

Railway Minister Suresh Prabhu

Will soon come out with mid-term review of foreign trade policy:...

Commerce and Industry Minister Suresh Prabhu said promotion of international trade would help boost India's economic...

14 Nov 2017 2:05 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation at 6 month high of 3.59 per cent

Government data released showed that inflation in food articles more than doubled to 4.30 per cent in October.

14 Nov 2017 2:01 PM IST

Shiv Sena MP Anant Geete. (Photo: PTI)

No undue insistence by govt on dividend payout by PSUs: Geete

Recent reports suggested that finance ministry had demanded a hefty dividend payout from 12 of the state-owned firms.

14 Nov 2017 1:41 PM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Bharti Airtel sells stake in Bharti Infratel for Rs 3,325 crore

Bharti Airtel, India's largest telecom operator, will primarily use proceeds from this sale to pare its debt.

14 Nov 2017 12:53 PM IST