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Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee falls 26 paise to 70.75 per US dollar in early trade

The rupee came under pressure following heavy selling in domestic equities amid foreign fund outflows.

5 Dec 2018 10:34 AM IST

With the proliferation of digital wallets and growing trust in digital transactions, gamers are willing to make in-app purchase leading to boost for the developers.

Smaller cities help India embrace mobile games

Cheaper data and more smartphones give a boost to Indian gaming biz.

5 Dec 2018 2:07 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Tax returns filed up 50 per cent

The CBDT has also sent out two crore SMS to people who had not filed returns or those whose income did not match with...

5 Dec 2018 12:50 AM IST

Ola plans to start services in South Wales next month. (Photo: AP)

SoftBank, other investors, keen to pump up to USD 1 billion in Ola

Company saw its consolidated total income rising over 70 per cent to Rs 1,380.7 cr as against Rs 810.7 cr.

4 Dec 2018 6:20 PM IST

Allaying worries over the rupees slide, Niti Aayog vice-chairman Rajiv Kumar said that the currency was coming back to its natural value after witnessing a 17% appreciation in the last three years.

India GDP to recover in Q4 of FY19; Q3 to remain slow: Rajiv Kumar

The growth in Gross Domestic Product (GDP) in July- September is the lowest in three quarters.

4 Dec 2018 6:14 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex logs 1st fall in seven days; pharma, financials play spoilsport

The BSE Sensex ended lower by 106.69 points, or 0.29 per cent, to close at 36,134.31.

4 Dec 2018 4:57 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Income Tax dept examining taxation issues in Walmart-Flipkart deal

Walmart has reportedly paid over Rs 7,439 crore as taxes to the government on payments made by it to major shareholders...

4 Dec 2018 4:22 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Govt not to participate in LIC's open offer in IDBI Bank

LIC's open offer to purchase 26 per cent shares of IDBI Bank opened on December 3 and will close on December 14.

4 Dec 2018 2:12 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

Open borders an imperative of present times, says Jaitley

Government have helped in massive improvement in the ranking in trade across borders to 80 this year.

4 Dec 2018 2:01 PM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

Simplified GST return forms to be rolled out from April 1: Revenue...

The 2018-19 budget had estimated annual GST collection at Rs 13.48 lakh crore, which means a monthly target of Rs 1.12...

4 Dec 2018 1:09 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

ITR filing up 50 per cent so far this year: CBDT chairman

Demonetisation has been very good for increasing the tax base of the country.

4 Dec 2018 1:03 PM IST

Skoda has revealed the Scala hatchbacks interior design about a week before its official unveiling.

Skoda Scala interior reveals understated but likeable design

New design language showcased in the Scala will feature on every new Skoda car launched, including the ones headed to...

4 Dec 2018 12:42 PM IST