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Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

GDP to contract by 18.3% as economy set for weakest quarterly growth...

Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively

31 Aug 2020 9:14 AM IST

Telecom industry revenue expected to rise 14-15% in current fiscal. (PTI Photo)

COAI predicts 14-15% increase in Telecom Industry's revenue

Kochhar said that financial distress is "evident" and that COAI will continue to push for relief including reduction in...

30 Aug 2020 4:03 PM IST

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer. (PTI Photo)

6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank...

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

30 Aug 2020 3:32 PM IST

ED freezes 4 bank accounts containing Rs 46.96 cr after raids on firms running Chinese betting apps. (Representative Image)

ED raids firms running Chinese betting apps, freezes bank accounts

The federal probe agency said it has frozen four HSBC bank accounts containing Rs 46.96 crore after conducting raids at...

30 Aug 2020 1:43 PM IST

ASEAN, 8 other countries call for strengthening regional supply chains. (Representative Image- AFP)

ASEAN countries, 8 others including India to strengthen regional...

The ministers have finalized an ASEAN Digital Integration Index, which maps readiness for an integrated digital economy...

30 Aug 2020 10:37 AM IST

Coca-Cola to cut thousands of jobs as COVID-19 hits sales. (ANI Photo)

Coca-Cola to cut 4,000 jobs after coronavirus hits Q2 profits

In Coca-Cola's second quarter, the company saw sales drop 28 per cent to 7.2 billion dollars

30 Aug 2020 9:58 AM IST

Reliance to buy Future Groups retail arm for $3.38 billion. (PTI Photo)

Reliance to acquire Future Group's retail business for Rs 24,713 crore

Reliance's retail operation runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700...

30 Aug 2020 9:01 AM IST

Union Finance Minister Nirmala Sitharaman chairs the 41st GST Council meeting via video conferencing, in New Delhi, Thursday, Aug 27, 2020. MoS for Finance Anurag Thakur and Finance Secretary Ajay Bhushan Pandey are also seen.

Centre writes to states on options of borrowing money to meet GST...

Compensation payment has been an issue since August 2019 with GST collections faltering. I

29 Aug 2020 7:59 PM IST

Stock brokers react to the Sensex points mark at Bombay Stock Exchange in Mumbai. (PTI Photo)

Stock markets recover Rs 45 lakh crore lost to Covid-19

Next week's sentiment hinges on Supreme Court verdict on telecom AGR and loan moratorium

29 Aug 2020 4:27 PM IST

Items such as cereals and food grains when sold loose are GST-free, while the government imposes a five per cent GST on branded food grains and cereals.

Pandemic gives fillip to demand for cereals; 200 per cent increase in...

Cereals have witnessed increased demand from African countries and the Gulf region during the lock-down.

29 Aug 2020 1:18 PM IST

Mercedes gets big electric van order from Amazon. (AP Photo)

Mercedes-Benz joins 'The Climate Pledge', to deliver 1,800 electric...

Mercedes said it would also join a climate initiative established by Amazon founder Jeff Bezos

28 Aug 2020 4:22 PM IST

Realty sector to witness upto 60 pc decline in residential sales volume in FY21. (Representative Image)

Realty sector expects 60% decline in residential sales volume in FY21

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs...

28 Aug 2020 9:17 AM IST