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The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Benami properties worth Rs 4,300 cr attached, says govt

The I-T department has set up 24 dedicated Benami Prohibition Units across India.

24 July 2018 5:11 PM IST

Iran will respond with equal countermeasures if the United States tries to block its oil exports, the foreign ministry in Tehran said on Tuesday. (Photo: AFP)

Will respond in kind if US tries to block oil exports, says Iran

US officials are stepping up diplomatic efforts to pressure countries to stop importing Iranian oil.

24 July 2018 5:03 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Black money deposit in Swiss banks down by 80 per cent, says Piyush...

Ever since Narendra Modi govt came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80...

24 July 2018 2:52 PM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

4 lakh tonne sugar in process for exports, says govt official

Much of the shipment is being undertaken from states like Maharasthra and Karnataka.

24 July 2018 2:44 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Bank finance to gems, jewellery sector down 10 per cent

The industry is witnessing a crisis of sorts as the banks have curtailed lending to the traders.

24 July 2018 1:56 PM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Bed bugs infest Air India's Mumbai-bound flight from US

Another passenger, Pravin Tonsekar, tweeted that his seat, also in the business class, was infested with bedbugs.

24 July 2018 1:48 PM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

GST rate cut to boost consumer durables sales this festive season

The government also had reduced the GST rate of paints from 28 per cent to 18 per cent.

24 July 2018 12:54 PM IST

This initiative comes as a part of the Railways drive to go green as it also aims at boosting the nations sugarcane industry.. (Photo: PTI | Representational)

Railways' global tender for supply of long rails to open today

This is the first time in three decades that rail procurement has been opened for the private sector.

24 July 2018 12:49 PM IST

Philippines national carrier Philippines Airlines has appointed Bird Travels as its general sales agent.

Strong global economy, rising oil prices to push up airfares in 2019

A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019.

24 July 2018 12:33 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Veggie prices shoot up; burn holes in consumers' pockets

At present, in most residential markets in the capital, vegetables have gone out of the common man's reach.

24 July 2018 9:23 AM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Over 20 Indian banks sign pact for faster bad-loan resolution

Top lender State Bank of India was among banks which signed the agreement.

24 July 2018 9:10 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Despite U.S. Pressure, Iran No. 2

State firms that buy oil from Iran include MRPL, Indian Oil and HPCL.

24 July 2018 5:59 AM IST