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Sentiment soured after November manufacturing PMI decelerated sharply as cash drought slowed domestic consumption, production of goods and new orders.

FPIs pull out about $6 billion

Dealers said domestic cash crunch following the demonetisation drive to curb black money has sparked intense selling...

5 Dec 2016 3:41 AM IST

People will have to pay 1-2 per cent tax on the amount credited or deposited in their bank accounts.

Centre to tweak wage law soon

Sectorwise cashless payment in offing.

5 Dec 2016 3:41 AM IST

Renault India has achieved a market share of 4.5 per cent in the passenger car segment just behind Tata Motors market share of 5 per cent.

Renault to move up in PV sales

Renault has added 20 new outlets this year taking its total tally to 270 with another 45 planned for 2017.

5 Dec 2016 1:21 AM IST

Sale of Cotton started well at Rs 5,500 Rs 6,000 per quintal but dropped to Rs 800.

Agriculture sector takes a hit

Price of cauliflower has fallen to Rs 5 while it sells at Rs 10 in retail.

5 Dec 2016 1:20 AM IST

In October, the airline set a world record by flying the Dreamliner over the Pacific for the first time (normally the airline has been crossing the Atlantic) at a record 14.5 hours between New Delhi and San Francisco.

National carrier to get 27 Dreamliners from Boeing

The mega order included 27 Dreamliners or B787s and 41 B-777s and B-737-800s for a whopping Rs 64,000 crore.

4 Dec 2016 6:48 PM IST

If an agreement is reached with staff, the Indian steel giant will look into partial relining of the blast furnace as an upgrade that would extend its life by several years.

UK largest steel plant deal edging closer

Union leaders will put a new rescue plan into the UK's largest steel plant in return for concessions on staff terms.

4 Dec 2016 6:42 PM IST

Noted industrialist Adi Godrej

Godrej express optimism over job creation

Chairman said once GST is implemented, economy will grow faster and create more requirement for products

4 Dec 2016 4:32 PM IST

RBI Governor Urjit Patel

Urjit Patel earns Rs 2 lakhs a month, has no support staff

Patel, who took over as RBI Governor in September only has two cars and two drivers.

4 Dec 2016 2:17 PM IST

India received USD 101.76 billion from Mauritius between April 2000 and September 2016. The cumulative FDI inflows during the period amounted to USD 310.26 billion.

India crosses $300 billion foreign direct investment

FDI came through the Mauritius route, as investors wanted to take advantage of India's double taxation avoidance treaty.

4 Dec 2016 1:58 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

No consensus on dual control at GST Council meet, next meet on Dec...

Council to meet again on December 11, 12 and will take up drafts of model GST laws for discussion.

3 Dec 2016 5:47 PM IST

Indian Prime Minister Narendra Modi. (Photo: AFP)

India keen to invest in energy sector in Qatar

The two leaders acknowledged that the current level of trade and investment was much below potential.

3 Dec 2016 4:07 PM IST

Power and Coal Minister Piyush Goyal

Arun Jaitley knew about note ban in advance: Piyush Goyal

Government will take stern action against those who are misusing the concessions given to honest people.

3 Dec 2016 3:20 PM IST