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Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Telecom dept okays to Rs 3,050 cr penalty on Airtel, Vodafone Idea

TRAI its stand saying it is not in a position to modify its previously recommended penalty on the operators.

24 July 2019 6:28 PM IST

Many taxpayers donate one days salary or part of their income for noble purposes but do not declare these donations in their tax returns.

No changes made in ITR forms, only software updated: CBDT

The CBDT said that the software utility for e-filing of all the ITR forms has been released long back.

24 July 2019 4:41 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold, silver resume upward journey; global factors support rally

Gold is trading at Rs 35,870 per 10 gram at the bullion market here in line with a firming global trend.

24 July 2019 4:37 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex drops 135 points; Nifty slips below 11,300

Asian Paints was the biggest gainer, rallying 3.42 pc, after the company reported an 18 pc increase in net profit.

24 July 2019 4:32 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Tax paying should be a pleasurable experience: CBDT chairman

Revenue collection under the direct taxes head has grown and the total tax base has also increased to over 7 crore...

24 July 2019 3:40 PM IST

ICMR has put procedures in place to not agree to fund that research, even if it is a small project or a student thesis or fellowship.

Target R&D expenditure of 2 pc of GDP by 2022: PM economic panel

EAC-PM said ministries could be mandated to allocate certain percentage of their budget for research and innovation.

24 July 2019 3:31 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Auto component industry fears loss of 10 lakh jobs due to prolonged...

Vehicle sales in all segments have continued to plummet for the last several months.

24 July 2019 3:20 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

254 startups get Rs 1,700 cr investment from Alternative Investment...

Commerce Minister Piyush Goyal said these funds have raised a corpus fund of Rs 25,728 crore.

24 July 2019 2:44 PM IST

Netflix rolls out Rs 199 mobile-only plan to woo Indian users

Users will have access to the same unlimited standard definition (SD), ad-free content under this plan.

24 July 2019 2:26 PM IST

Facebook is also extending researchers and developers programmatic access to Ad Library API, which was previously in closed beta.

Is a USD 5 billion fine the least painful part of Facebook's...

The real question, remains what type of restrictions and requirements will be placed on FB to ensure future compliance.

24 July 2019 1:39 PM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 July 2019 1:21 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi directs Hotel Leela to make more disclosures to shareholders on...

Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.

24 July 2019 1:20 PM IST