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Caf© Coffee Day owner V G Siddhartha

Coffee Day, Sical stocks hit lower circuit

Income Tax department had attached 4.5 per cent Mindtree stake to cover any tax liabilities prior to stake sale to L&T.

31 July 2019 1:06 AM IST

SDMC has issued directions to all hotels, restaurants and eateries in its jurisdiction to make their washrooms accessible to the public at a price of Rs 5 from April 1.

H1 sees 46 new hotels adding 3,509 keys

In terms of new properties being signed also, mid-scale remained top with 37 hotels and 2,900 keys.

30 July 2019 1:32 AM IST

In 2014-15, the country had exported leather and leather goods worth $6,494 million, recroding 9.37% growth.

Leather exports decline despite government incentives

In the previous year the industry had clocked a remarkable growth of 18.39 per cent.

30 July 2019 1:32 AM IST

Imports of refrigerators, washing machines and ACs are 150 per cent, 484 per cent and 624 per cent higher than exports.

Imports of consumer durables soar in FY19

FTAs helping imports even as India's exports come down.

29 July 2019 6:54 AM IST

In the Asia-Pacific region, China Tier 1 has a cap rate of 4.4 per cent, Seoul has 4.8 per cent, Hong Kong 2.3 per cent, Tokyo 3.9 per cent, Philippines 5.9 per cent, Thailand 7 per cent, Malaysia 6.5 per cent, Indonesia 6.5 per cent and Singapore has a cap rate of 4.1 per cent.

Indian office space yields highest in Asia-Pacific

While India too has brought down the interest rates, the supply - demand situation for office space is better in India.

27 July 2019 9:35 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold imports increase 46 per cent in June quarter

Meanwhile gold demand at the retail end rose 14 per cent to 212 tonnes.

26 July 2019 1:15 AM 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.

Consumer durables may also face slowdown heat

As per Equirus Capital pricing may come under pressure due to rising competition as MNCs' targeting market share gains.

25 July 2019 1:02 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

General insurance premiums witness flat growth in June

General Insurance premiums were flat in June 2019 at Rs 12,936 crore against Rs 12,970 crore in the same month last...

25 July 2019 1:00 AM IST

Hotstar, owned by Twenty-First Century Foxs Star India arm, launched in India in 2015.

Cricket helps Hotstar user base to touch 300 million

Among content platforms, Hotstar saw its active monthly user base grow to 300 million in the June quarter against 200...

23 July 2019 1:13 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

No GST on goods sent for fairs

Several goods are taken out of India for exhibitions or other export promotion events.

23 July 2019 1:07 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Govt panel for banning private cryptocurrencies

The committee recommended that all private cryptocurrencies, except any cryptocurrency issued by the state, be banned.

23 July 2019 1:05 AM IST

The research groups analysis of sulfur-rich minerals, called sulfides, in diamonds mined in Sierra Leone, indicated that the region experienced two subduction events during its history. (Photo: Representational/Pexels)

Dip in India demand hits Russian diamond miner

Alrosa expects the situation to ease in the September quarter as demand from jewellery consumers remains stable.

22 July 2019 7:34 AM IST