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Penalty amount that can be imposed by ICAI on individual auditors should be increased to a maximum of Rs 1 crore.

ICAI withdraws announcement on auditor rotation after govt directive

The move came after a letter from the ministry on Friday asked the ICAI to withdraw the announcement.

16 Feb 2019 2:03 PM IST

A factory reeling out Wonder Tees made of Recycled Polyethylene Terephthalate.

GeM has just 0.04 per cent MSMEs on board

The B2B platform was formed two years back and MSMEs were offered an opportunity to sell their products through the...

16 Feb 2019 1:56 AM IST

HCL technologies

HCL, IBM in tie-up to push hybrid cloud

The services will be orchestrated and available from HCL's Cloud Native Labs in London, New York, and Noida, later this...

16 Feb 2019 1:56 AM IST

Bombay high court

NSEL faces HC music for diverting fund

When will the investors be paid this money remains a moot question as the repayment has become a huge conundrum.

16 Feb 2019 1:55 AM IST

Indian tech firms have also started investing their time, money and resources to train their people.

Re-skilling initiative gets warm welcome from global businesses

Global enterprises said they were willing to retrain 17.2 million people as part of the initiative, called closing the...

16 Feb 2019 1:55 AM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

Bharat-22 receives applications worth nearly Rs 50,000 crore

In one day alone, the additional offering on Bharat 22 ETF attracted about 1.25 lakh applications.

16 Feb 2019 1:54 AM IST

Steel Minister Chaudhary Birender Singh

Steel scrap policy to be unveiled soon

The Union Cabinet is scheduled to consider the steel scrap policy later next week.

16 Feb 2019 1:54 AM IST

The objective of imparting financial literacy is to spearhead a revolution to change the investment habits of rural India and the middle classes through easily understandable education modules, pre-tested for their learnability before dissemination. (Representational image)

Capex takes a beating in Q3

As such private capital expenditure (capex) has hit a decade low on poor demand growth and lower capacity utilisation.

16 Feb 2019 1:54 AM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Commerce ministry to notify WTO regarding revoking MFN status to...

The decision would enable India to increase custom duties on goods imported from Pakistan.

15 Feb 2019 5:05 PM IST

The Nighthawk X6S Router with tri-band WiFi and MU-MIMO offers the combined WiFi speed up to 4Gbps and is powered by a 64-bit 1.8GHz dual core processor with three offload processors.

Govt mulling interoperability for public Wi-Fi network: Sundararajan

3.7 lakh Wi-Fi hotspots have been deployed by the industry: Sundararajan.

15 Feb 2019 4:53 PM IST

CBDT Chief Sushil Chandra. (Photo: PTI)

Linking Aadhaar-PAN is mandatory for tax filers; to be completed by...

The Supreme Court on February 6 had confirmed that linkage of PAN with Aadhaar is mandatory for filing of ITRs.

15 Feb 2019 4:25 PM IST

Defence minister Nirmala Sitharaman

India, Sweden ink security protection agreement

The agreement was signed on Wednesday during Defence Minister Nirmala Sitharaman's visit to the Nordic country.

15 Feb 2019 10:55 AM IST