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$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

Record low FPI investments via Participatory notes

The absolute value of ODI investments fell to a record low of Rs 78,110 crore in FY 2018-19 as against Rs 1,06,403 crore...

5 July 2019 3:03 AM IST

Private sector may be granted access to select databases for commercial use.

Business

Country should have data infrastructure

Government's mantra should be utilizing data of the people, by the people, for the people .

5 July 2019 2:04 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Business

Rupee, bonds gain on fiscal discipline peg

At the interbank forex market, the rupee opened at 68.86/$ and advanced to a high of 68.49 during the day.

5 July 2019 2:00 AM IST

The other challenges are that thermal power plants still account for 80 per cent of all industrial emissions of particulate matter, sulphur and nitrous oxides in India.

Business

Green energy goal needs $80 billion

Halting coal-based utilities abruptly may lead to disaster, says survey.

5 July 2019 1:58 AM IST

The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

Business

Honour, privileges await top tax payers

The idea behind the initiative is to create exclusive membership to clubs that exude not only social status but also...

5 July 2019 1:54 AM IST

If the newcomers to the labour market get well-paid jobs it boosts consumption and economic growth.

Business

India is ageing; time to merge schools, raise retirement age

The current retirement age for most government workers in India is 60.

5 July 2019 1:52 AM IST

Priority Sector Lending targets of banks for lending to MSMEs to be re-oriented.

Business

Infant MSMEs, not dwarfs, to be given sops

Examine the role of the Small-Scale Industries reservation policy.

5 July 2019 1:50 AM IST

The AIC has also voiced its concerns in a letter responding to an invitation by Indias Ministry of Electronics and Information Technology for public comments and suggestions on the draft rules by January 31. (Photo: Pixabay)

Business

Jobs in IT sector: 2.5 lakh new vacancies coming soon, says govt

2 million people would be trained in digital technology in the next three to four years from 0.6 million people...

4 July 2019 10:52 AM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

Business

Need few lakh crores to eliminate level crossings: Piyush Goyal

The money is required to construct underpass or overbridges to replace the railway level crossings.

4 July 2019 10:47 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Business

Biz to declare mismatch in GST returns form: Finance ministry

The last date for filing annual return in August-end.

4 July 2019 9:53 AM IST

The Dubai-Mumbai air sector witnessed the highest flow of passengers at about 2.5 million during the 2017-18 financial year, primarily led by migrant workers, according to data released by the Ministry of Civil Aviation.

Business

Now shop at Dubai airports using Indian rupee

Indian rupee is the 16th currency to be accepted for transaction at Dubai Duty-Free since its opening in December 1983.

4 July 2019 9:45 AM IST

Experts, however, feel that the move is not without challenges, particularly challenges in securing LCs for large sums by the discoms.

Business

New payment setup positive for discoms

Securing LCs for large sums a challenge.

4 July 2019 2:53 AM IST