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Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
Worst Fortnight For Market As FPIs change tack

The market has fallen in seven out of the last eight sessions. Sensex and Nifty-50 closed flat on Friday after a...

29 Jan 2022 8:44 AM IST

Finance Minister Nirmala Sitharaman in the Lok Sabha during Budget Session of Parliament. (Photo: PTI)Business
Decks cleared for bad bank to start

A total of 38 large stressed accounts aggregating to Rs 82,845 crore have been identified for transfer to the NARCL

29 Jan 2022 8:41 AM IST

A woman walks past the logo for Google at the China International Import Expo in Shanghai. (Photo: AP)Business
Google to invest USD 1 bn in Airtel; to buy 1.28 per cent stake for...

Google made the investment as part of its Google for India Digitization Fund

28 Jan 2022 11:58 AM IST

Free Trade Agreements (FTAs) have not benefitted India much. Exports to countries with whom India has entered into FTAs have grown by a meagre 10 per cent in FY19, while the imports have grown by 27 per cent.Business
Trade pacts junk labour provisions

The ILO Centenary Declaration for the Future of Work (2019) calls for countries to place decent work as a central...

28 Jan 2022 11:45 AM IST

The Kishore Biyani-led company, which is locked in a dispute with global e-commerce major Amazon, said that it has received offers from various potential buyers for its remaining 24.91 per cent interest in FGII. DC ImageBusiness
Future to sell 25% stake in Generali JV for Rs 1,250 cr

The stake sale will bring Generali's total shareholding in the JV to around 74 per cent

28 Jan 2022 11:25 AM IST

Any recoveries made as a result of avoidance applications should go to the creditors of Dewan Housing Finance Corp and not to the successful bidderPiramal Group, the NCLAT ruled. DC ImageBusiness
NCLAT asks CoC to consider 63 Moons appeal in DHFL resolution

63 Moons said the CoC has to reconsider the provision of Sec 66 of IBC, which mandates that the benefit should go to all...

28 Jan 2022 11:22 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)Business
Stocks recover after steep fall on more Fed rate hike signals

Stocks globally fell on Thursday after the Federal Reserve stuck to plans for an interest rate increase in March

28 Jan 2022 11:20 AM IST

Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could top up their taxes to the 15% minimum, eliminating the advantage of shifting profits.Business
Most Indians want tax on the rich, top firms

As high as 89 per cent of the respondents also want the government to impose fines on pvt companies that do not fulfil...

28 Jan 2022 11:18 AM IST

Hong Kong bars Air India flights till August-end after passengers test positive for COVID-19. (AFP Photo)Business
Govt notifies Air India asset transfer agreement with AIAHL; AI...

The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday

27 Jan 2022 12:22 PM IST

Union finance minister, Nirmala Sitharaman. (PTI)Business
India seen boosting budget spending on infrastructure

Indian economy is estimated to expand 9.2% in this fiscal ends in March, following a contraction of 7.3% in the previous...

27 Jan 2022 10:23 AM IST

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)Business
India's annual Budget again goes green, cuts down on printing to bare...

The Budget documents will be available mostly digitally, with only a handful of physical copies, officials said

26 Jan 2022 4:55 PM IST

Niti Aayog Vice Chairman Arvind Panagariya (Twitter)Business
Indian economy recovered 'handsomely' from pandemic-induced...

The economy, which was significantly hit by the pandemic, had contracted 7.3 per cent in the last fiscal

25 Jan 2022 12:18 PM IST

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