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India Inc cheers Parliament nod to abrogate Article 370, J&K...

Lok Sabha on Tuesday approved a resolution abrogating special status to Jammu and Kashmir under Article 370 of the...

6 Aug 2019 8:16 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Keep these 5 things in mind while filing Income Tax Return

As many salaried taxpayers got their Form 16 late, ITR deadline was extended by a month to August 31.

6 Aug 2019 3:23 PM IST

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

10 things you should know before withdrawing cash using credit cards

It's important you have complete clarity not just on the many benefits your card might offer but also the cost of...

6 Aug 2019 12:38 PM IST

To retain its market leadership status, the priority of the CIL would be to sell coal at a lower price than the private players.

Govt begins process to auction 27 coal mines

Govt said it is auctioning 21 coal mines for end-use non-regulated sectors and six coking coal mines for end-use iron...

6 Aug 2019 9:52 AM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank ratings under review again

The private sector lender plans to raise about $1.2 billion, at least part of which is likely by the end of the second...

6 Aug 2019 2:42 AM IST

More Indian companies are likely to default on their borrowings in the fiscal year that started in April compared with the previous year on higher interest costs and a deterioration in business conditions, according to rating agency ICRA.

Challenges in resolution of construction firms: Icra

The financial creditors of stressed construction firms are likely to face high haircuts and smooth resolution still...

6 Aug 2019 2:42 AM IST

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

Govt to issue guidelines to protect e-commerce consumers

The ministry has sought suggestions from the stakeholders on the guidelines.

6 Aug 2019 2:37 AM IST

IMD stated that the intensity of rains would further increase by next week. (Representational image)

Rainfall deficit narrows to 7 per cent

The rainfall deficit was around 30 per cent at the start of July.

6 Aug 2019 2:36 AM IST

Industry welcomes scrapping of Article 370

The industry leaders also saw the development as the BJP fulfilling an election promise of it.

6 Aug 2019 1:15 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Consensus for 25 bps rate cut, 'accommodative' stance

Experts see the slowdown of global economic growth and lack of impetus in domestic inflation as reasons for a 25 bps...

6 Aug 2019 1:12 AM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold crosses Rs 37,000 may go up further

MCX gold rallied to uncharted territory on escalating trade tensions between the United States and China.

6 Aug 2019 1:08 AM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.

India services activity reverses course, surges in July: PMI

The IHS Markit Services Purchasing Managers' Index rose to a one year high of 53.8 in July, up from 49.6 in June.

5 Aug 2019 11:03 AM IST