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CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Draft e-commerce policy 'inimical' to USD 1 trillion digital economy...

The association was also of the view that "the process of making the policy itself was less than inclusive and open,"

8 April 2019 7:03 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee tumbles 44 paise to close at 69.67 vs USD

Forex traders said that dollar demand from importers and heavy selling in domestic equities added pressure to the Rupee.

8 April 2019 6:40 PM IST

A few announcements in the 2017 budget do affect the Indian automobile industry.

SIAM urges govt to reduce GST on automobiles to 18 pc

Currently, automobiles attract peak GST rate of 28 per cent with additional cess ranging from 1 per cent to 15 per cent.

8 April 2019 6:15 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Passenger vehicle sales hit speed breaker in 2018-19, grow just 2.7 pc

Passenger vehicles sales were at 33,77,436 units in 2018-19 beating the previous record of 32,88,581 units in 2017-18.

8 April 2019 6:07 PM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

TVS Motor launches four products in Bangladesh

TVS has introduced Apache RTR 160 4V single disc, 125cc- Max 125, Metro special edition and XL100 Heavy Duty in...

8 April 2019 5:47 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

India probes dumping of 'aluminium, zinc coated products' from China,...

In a notification, DGTR said it has found "sufficient evidence" of dumping of the goods by these countries.

8 April 2019 5:13 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty end lower in volatile trade; financial, metal stocks...

The BSE gauge Sensex ended lower by 161.70 points at 38,700.53.

8 April 2019 4:21 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's GDP expected to expand 7.5 per cent in 2019-20: World Bank

With robust growth, and food prices poised to recover, inflation is expected to converge toward four per cent.

8 April 2019 4:02 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold crosses Rs 33,000-mark, silver firms up

Positive trend overseas and rise in demand from local jewellers led to upward movement in the prices of gold, said...

8 April 2019 3:58 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Taxmen to scrutinise mismatch between ITR and service tax returns

Service tax was subsumed into the goods and services tax (GST) with effect from July 1, 2017.

8 April 2019 3:41 PM 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.

Saudi minister says oil market headed for 'balance'

Saudi Energy Minister Khalid al-Falih said he did not "think we need to" when asked if kingdom was prepared to make...

8 April 2019 3:38 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019.

8 April 2019 2:56 PM IST