Home » Business

Business - Page 572

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

US-China trade tensions may lead to dumping of Chinese goods in India:...

Chinese exports accounted about 18 per cent of the total US imports in 2018, representing 2.34 pc of the US GDP.

17 May 2019 2:43 PM IST

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech

The NCLAT also allowed nine homebuyers' associations representing around 5,000 buyers to file intervention application.

17 May 2019 2:24 PM IST

15th Finance Commission chairman N K Singh.

Land, labour reforms to push economic growth: N K Singh

Central government debt is estimated at 48.9 per cent as a percentage of GDP for 2018-19.

17 May 2019 2:20 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Five effects of Jet Airways's collapse on airline industry

Airport operators and oil marketing companies have lost a big customer with Jet Airways' collapse.

17 May 2019 2:13 PM IST

China could have a larger share of the Indian market than earlier, provided it plays fair.

GSP countries like India to benefit from US trade war with China:...

Trump announced that US intends to terminate India's designations as a beneficiary country under the GSP programme.

17 May 2019 12:00 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Nissan's Saikawa to stay on as president, Renault chief to join board:...

The appointments are likely to be announced on Friday and presented for approval at a shareholder meeting in June.

17 May 2019 11:27 AM IST

It was not immediately clear if Qatar Airways would also suspend flights to other countries. (Photo: AFP)

Open to partnership proposal from Indian carriers: Qatar Airways

The carrier submitted a formal request to Indian authorities for an additional capacity on a temporary permit basis.

17 May 2019 10:49 AM 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 rises over 200 points; Nifty reclaims 11,300

The 30-share index was trading 201.24 points, or 0.54 per cent, higher at 37,594.72.

17 May 2019 10:05 AM 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.

Rupee slips 29 paise to 70.32 vs dollar in early trade

The US-China trade concerns, foreign fund outflows also kept pressure on the Indian rupee.

17 May 2019 10:02 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil rises as Middle East tensions mounts, set for weekly gains

Brent crude futures were at USD 73.00 a barrel at 0303 GMT, up 38 cents, or 0.5 per cent.

17 May 2019 9:56 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Shadow banks must appoint risk officers: RBI

Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.

17 May 2019 9:29 AM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS CEO's annual pay rises 28 per cent, takes home over Rs 16 cr in...

TCS said employees outside India received a wage increase varying from 2 to 5 per cent.

17 May 2019 9:11 AM IST