1. Business & Economy

Business & Economy

Business & Economy

Tight revenue position may rule out sops in Budget

Dec 26, 2019 New Delhi: Given the tight revenue position of the government, Union Budget 2020-21 may not be giving out any extraordinary fiscal sops just to boost personal income to push consumption and demand…

After France, Italy approves digital tax on tech giants

Dec 25, 2019 San Francisco:  Following the footsteps of France, Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strains on the country’s…

Business & Economy

Banks’ exposure to sensitive sectors up at 23.5%: RBI

Dec 25, 2019 Mumbai:  Banks’ exposure to sensitive sectors that comprise capital market, real estate and commodities edged up to 23.5 per cent of total loans and advances during 2018-19, a RBI report on India’s…

Business & Economy

India’s growth rate didn’t match increase in jobs: IMF

By Arul Louis Dec 24, 2019 United Nations: The International Monetary Fund (IMF) has said that India’s high growth rate in recent years did not lead to a matching increase in formal sector jobs and…

Business & Economy

Govt mulling premium on petrol, diesel prices on BS-VI switchover

Dec 22, 2019 New Delhi: Consumers may feel the pinch of higher fuel prices in coming months as the government is considering a proposal to allow oil marketing companies charge a premium on retail prices…

Business & Economy

Don’t gobble up states’ GST dues: Shiv Sena to BJP

Dec 14, 2019 Mumbai:  Demanding the Centre to immediately reimburse the Goods & Services Tax (GST) dues of various states, the Shiv Sena on Saturday accused the Bharatiya Janata Party of attempting to gobble up…

Business & Economy

Slowdown: Nov YoY exports down, imports fall over 12%

Dec 13, 2019 New Delhi:  Domestic and global slowdown along with lower crude oil prices heavily dented India’s external trade as both exports and imports for November showed a downward trend. Accordingly, November exports were…

Business & Economy

Telecom sector outlook negative on AGR dues: ICRA

Dec 12, 2019 New Delhi:  Rating agency ICRA has maintained a negative outlook for the Indian telecom industry, which is grappling with AGR dues, notwithstanding the green-shoots of recovery. The telecom industry woes, according to…

UN global climate action award for Infosys

Dec 12, 2019 Bengaluru:  Software major Infosys became the first Indian firm to receive the UN global climate action award in carbon neutral category at the UN Climate Change Conference (COP 25) being held in…

World

Russia keen to boost investment in Pakistan

Dec 11, 2019 Islamabad:  Russian investors are keen to explore business opportunities in Pakistan and want to further strengthen trade and investment cooperation with Pakistani counterparts, said Moscow Chamber of Commerce and Industry Commission for…

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