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Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)Business
India's poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)Business
Insurers pruning branch networks

The government's focus has now shifted more towards consolidation and profitability than expansion, and hence, the...

11 Oct 2021 2:42 AM IST

An Air India aircraft is pictured at a terminal of the airport in Mumbai. (Photo: AFP)Business
Work to monetise Alliance Air, three other Air India subsidiaries to...

The govt on October 8 had announced that Tatas have won the bid to acquire Air India for Rs 18,000 crore

10 Oct 2021 1:56 PM IST

Petrol price was hiked by 30 paise per litre and diesel by 25 paise a litre, according to a price notification of state-owned fuel retailers. (Representational Photo:PTI)Business
Petrol, diesel prices hiked for sixth consecutive day

The price of diesel in the national capital has gone up to Rs 92.82 per litre

10 Oct 2021 9:24 AM IST

Diesel price cut for first time in close to 6 months. (PTI Photo)Business
Fuel price hike: Mumbai becomes first metro city to see diesel price...

The price of petrol in Delhi rose to its highest-ever level of Rs 103.84 a litre and Rs 109.83 per litre in Mumbai

9 Oct 2021 2:17 PM 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
What is the global minimum tax deal that India, 135 other nations have...

The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract...

9 Oct 2021 1:32 PM IST

\Seven passengers on Sundays Air India Delhi-Auckland flight have tested positive for COVID-19 three days after arrival,\ New Zealand government official said. (PTI)Business
Tata Sons wins bid for acquiring national carrier Air India at Rs...

Tata Sons were up against Spicejet promoter Ajay Singh-led consortium who had bid Rs 15,100 crore

8 Oct 2021 4:57 PM IST

After 21 days of continuous hike, petrol and diesel prices stable today. (PTI Photo)Business
Petrol, diesel price hiked again

Prices differ from state to state depending on the incidence of local taxes

8 Oct 2021 1:11 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)Business
RBI maintains status quo for 8th time; retains repo rate at 4 per cent

RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020

8 Oct 2021 10:38 AM IST

The textile sector wants the Union budget to provide adequate provisioning for export incentive schemes and set mechanism for timely disbursal. This will improve the liquidity in the sector and push exports.Business
Textile parks to get over Rs 4,400 crore incentives

Parks will be developed by a special purpose vehicle which will be owned by the state government and the Centre

7 Oct 2021 7:30 AM IST

Rates of both subsidised and non-subsidised LPG prices were hiked, oil company officials said. (Representatonal Image: PTI)Business
LPG price hiked by Rs 15 per cylinder

Simultaneously, petrol price was increased by 30 paise per litre and diesel by 35 paise a litre

6 Oct 2021 10:45 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)Business
Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

6 Oct 2021 7:28 AM IST

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