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The increase in PF deduction, though beneficial for employees in the long-run, is leaving less money in their hands for discretionary spending and investment.

High PF cut seen aiding consumption slowdown

Private consumption spend has hit an 18-quarter low of 3.1 per cent in Q1.

9 Sept 2019 1:26 AM IST

Cafe Coffee Day chains are run by Coffee Day Enterprises.

Coffee Day Enterprises ropes in IDFC Securities to identify strategic...

IDFC Securities would also advise on refinancing of existing debt and raising additional facilities to repay debt.

7 Sept 2019 5:06 PM IST

States to be key drivers of growth for making India USD 5 trillion...

Niti CEO Amitabh Kant underlined sectors like agriculture and labour where structural reforms are required.

7 Sept 2019 2:40 PM IST

The Nifty Infrastructure Index also gained 2.94 per cent.

FinMin sets up task force to identify infra projects for Rs 100 lakh...

The task force will draw up a 'National Infrastructure Pipeline' of Rs 100 lakh crore, the finance ministry said.

7 Sept 2019 2:05 PM IST

Sebi orders forensic audit of Sun Pharma financial statements from...

Sun Pharma, however, did not provide any specific details on the reasons for the SEBI to order the forensic audit.

7 Sept 2019 12:08 PM IST

IndiGo and SpiceJet are moving partially from T1 to the newly revamped T2 of the Delhi airport with effect from 12.01 am on Sunday.

Facial recognition system trial to begin at Delhi airport's T3...

After successful completion of the trial, the DIAL said facial recognition would be officially launched at Terminal 3.

7 Sept 2019 10:48 AM IST

Hours before his death, he had greeted people on Diwali on his Twitter handle and Facebook page. (Photo: File)

Economy a major headache

Auto sales continued to witness a slump due to the ongoing economic slowdown.

7 Sept 2019 7:13 AM IST

India will get the new Porsche Taycan EV by the end of the first quarter or beginning of the second quarter of 2020.

Porsche's Taycan to debut next year

Prices for the Taycan start at Rs 1.08 crore in the international markets before taxes and duties and the top end at Rs...

7 Sept 2019 1:32 AM IST

Private labels are usually priced competitively against brands.

Verticals lose out to horizontal players

They have been dominating the market by offering quality furniture at low cost and by providing customer support.

7 Sept 2019 1:32 AM IST

Telecom major Bharti Airtel fell close to 10 per cent intra-day, but recovered later posting more than 3 per cent gain.

Nifty needs a decisive break above 11000 points

The Sensex gained 337 points or 0.92 per cent, while Nifty Index ended 98.3 points or 0.91 per cent higher at 10,946.2.

7 Sept 2019 1:31 AM IST

Finance Minister Nirmala Sitharaman

Govt to aid wealth, job creators

She also clarified that any tax collection shortfall will not affect commitments made for social sector spending.

7 Sept 2019 1:31 AM IST

IBC changes to maximise value, ease resolution

Under the new rule, resolution plan could provide for restructuring the company, including merger, amalgamation and...

7 Sept 2019 1:31 AM IST