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Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.Business
Gold to take cues from trade talks

The US and China kicked off a fresh round of trade talks last Thursday, to end the nearly year-old tariff war.

1 April 2019 1:41 AM IST

With 12 seats in first class, 26 in business and 385 in economy class, the Jumbo plane will operate one flight per day each to Kolkata and Mumbai from New Delhi between October 16 and October 21, Air India said in a statement. (Photo: File | AFP)Business
Airlines responsible for their financial performance: Suresh Prabhu

Government is constantly responding to industry, including reduction in central excise duty on jet fuel to 11 pc from 14...

31 March 2019 5:42 PM IST

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.Business
India extends deadline to impose high import duties on 29 US products

The govt has extended this deadline over half a dozen times since June 2018.

31 March 2019 5:16 PM IST

Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)Business
Jet Airways pilots defer to April 15 decision not to fly

The decision was taken at a meeting of NAG members that took place both in Mumbai and Delhi on Sunday afternoon, a guild...

31 March 2019 5:07 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.Business
Insolvency law's objective is reorganisation of defaulting firms:...

Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.

31 March 2019 4:54 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)Business
More and more NRIs buying homes for rental income

According to Omkar Realtors Rahul Maroo, for NRIs, real estate continues to be end-user driven due to location and...

31 March 2019 4:31 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)Business
HDFC Bank to add 100 branches in Northeast

As of December 31, 2018 HDFC network in Northeast region comprised 126 branches and 203 ATMs.

31 March 2019 4:10 PM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.Business
Larsen & Toubro expects USD 1 bn revenue from L&T Nxt in 5-7 years

L&T Nxt will focus on artificial intelligence, IoT, virtual reality, augmented reality, geospatial solutions and...

31 March 2019 3:41 PM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)Business
DGH seeks data on ONGC's top 47 fields after rejection of bid to...

DGH has asked data on its top 47 fields to monitor production and projects to raise output, an official order said.

31 March 2019 3:01 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.Business
GST officers prodding businesses to deposit taxes by March 31 to meet...

The practice of prodding assessees to pay taxes by March end was also prevalent during erstwhile excise and service tax...

31 March 2019 2:00 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.Business
DPIIT working on definition of accredited investors to boost...

DPIIT which works under commerce and industry ministry, has prepared a draft definition and is seeking views of...

31 March 2019 1:23 PM IST

BSE buildingBusiness
Seven of top 10 most-valued cos add Rs 57,403 cr in m-cap

The m-cap of RIL zoomed Rs 13,297.66 crore to Rs 8,63,995.66 crore and that of HDFC Bank climbed Rs 12,208.98 crore to...

31 March 2019 1:01 PM IST

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