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The home goods retailer has already spent close to $750 million procuring Indian sites for four stores.

Will hold consultations on relaxing local sourcing norms for single...

We would try to make it more simple for retailers to comply with the provisions of sourcing, said Ramesh Abhishek.

8 July 2019 5:20 PM IST

21 Regional Rural Banks amalgamated, says govt

The roadmap proposes to bring down the number of RRBs to 38 from 56, said MoS Finance Anurag Thakur.

8 July 2019 5:01 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 prices rule flat after two-day rally on custom duty hike

Gold is trading at Rs 35,470 per 10 gram in the bullion market here after rising for two consecutive days post Budget.

8 July 2019 4:04 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs...

8 July 2019 3:50 PM IST

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

Over 3.81 lakh new jobs created in central govt departments in last...

Over 53,000 new jobs were created in indirect tax departments and 29,935 in direct tax departments.

8 July 2019 2:53 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex plunges 793 points on Budget woes, global selloff

After plunging over 907 points, the 30-share index settled 792.82 points or 2.01 per cent lower at 38,720.57.

8 July 2019 2:50 PM IST

The Mahindra XUV300 is within the crucial sub-four-metre length but it is still the widest compact SUV on sale and also has the longest wheelbase in its class.

Mahindra XUV300 gets the AMT; priced at 11.50 lakh

The AMT comes at a premium of up to Rs 70,000 over the manual variants.

8 July 2019 2:01 PM IST

Tata Harrier dual tone colour option is available in two shades -- Calisto Copper and Orcus White.

Tata Harrier Dual Tone launched at Rs 16.76 lakh

The flagship Tata SUV has also crossed the 10,000 sales milestone within six months of its launch.

8 July 2019 1:51 PM IST

This will mark the return of the Ford Puma in companys international lineup after 17 years.

2020 Ford Puma crossover unveiled

Expected to be launched internationally towards the end of 2019, will it come to India?

8 July 2019 1:41 PM IST

Mindtree offers Smart Alert Management and Smart Reconciliation Management.

MindTree shares tumble 14.6 pc after chairman, CEO quit

The founders had vehemently opposed L&T bid, terming it hostile and as a grave threat and value destructive to...

8 July 2019 1:11 PM IST

The new 1.5-litre petrol engine in the Duster lineup produces 106PS at 5,600rpm and 142Nm of torque at 4,000rpm.

Renault India launches updated Duster, price starts at Rs 8 lakh

The model is available in two engine options of 1.5 litre petrol and 1.5 litre diesel.

8 July 2019 1:08 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin

Deutsche had some 4,700 staff at its main regional offices in Sydney, Tokyo, Hong Kong and Singapore, as per its...

8 July 2019 12:42 PM IST