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Authority for Advance Ruling (AAR) said that a GST of 18 per cent will be levied on all alcohol-based hand sanitisers. (PTI Photo)

Alcohol-based hand sanitisers to attract 18% GST, says AAR

Authority for advance rulin further said although hand sanitisers are essential commodity, GST law has a separate list...

15 July 2020 10:40 AM IST

Indian pharmaceutical company Zydus started human studies for its potential COVID-19 vaccine. (AP Photo)

Zydus begins human trials for potential COVID-19 vaccine

In the human trials, Zydus will enrol over 1,000 subjects across multiple clinical study sites in India

15 July 2020 10:34 AM IST

Former RBI governor Raghuram Rajan. (PTI Photo)

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in...

He said one positive factor for Indian economy is that the agriculture sector is doing well

15 July 2020 7:31 AM IST

Representative Image

Biophore gets DCGI nod to manufacture, export Favipiravir

CEO of Biophore said all starting materials for making favipiravir are either sourced locally or have been developed...

15 July 2020 6:59 AM IST

Indias auto sales volume will take another 3-4 years to reach 2018 levels. (PTI Photo)

India's auto sales volume will take 3-4 years to recover: SIAM

Production has been slow to pick up due to supply chain disruption and weak demand, said Rajan Wadhera, president, SIAM

15 July 2020 6:42 AM IST

Google in talks to invest $4 billion in Reliances digital arm. (PTI Photo)

Google in talks to invest $4 billion in Reliance's digital arm

Investors, including Facebook and KKR & Co, have already poured in a combined $15.64 billion for just over 25% in Jio...

14 July 2020 3:23 PM IST

Global issues and tensions are expected to figure on the agenda for the 15th India-European Union (EU) Virtual (video-conference) Summit on Wednesday. (Photo- Twitter)

India-EU virtual summit to give bilateral trade negotiations major...

Summit will review India-EU cooperation covering political & security relations, trade & investment and economic...

14 July 2020 12:43 PM IST

Oil prices fell more than 2% on Tuesday. (AFP Photo)

Oil prices drop on demand recovery fears, OPEC+ easing expectations

The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend...

14 July 2020 11:34 AM IST

PepsiCo Inc witnesses double-digit fall in beverage sales in India. (AFP Photo)

PepsiCo Inc reports double-digit fall in beverage sales in India

The company said its snacks volume also witnessed double-digit decline in India during the said period

14 July 2020 10:11 AM IST

Saudi Aramco will reduce its August-loading shipments of medium and heavy crude grades to at least six Asian buyers. (AFP Photo)

Saudi Aramco cuts August heavier crude supply for Asian refiners

Buyers in India, China, Japan, South Korea and Taiwan were notified by Aramco over the weekend about the supply cuts

14 July 2020 9:16 AM IST

Indias retail inflation picked up in June, pushed by price increases for some food and fuel items. (PTI Photo)

India's June retail inflation picks up after easing of lockdown

The government suspended the release of CPI inflation headline numbers for April and May due to insufficient data during...

14 July 2020 9:14 AM IST

Award of new contracts could fall by at least 7-9 per cent in 2021, with manufacturing, travel, airlines, hospitality and retail to be the most adversely hit, Icra said.

Technology sector set for 3 per cent revenue dip in FY21: Rating...

The sector is expected to grow at -3 per cent - nil in FY21 versus earlier expectation of 6-8 per cent, the agency said...

13 July 2020 8:17 PM IST