Economy
I-T raids Lalit group, finds Rs 1k cr 'illegal assets'
NEW DELHI: The Income Tax (I-T) department's searches on the Bharat Hotels Group that runs a chain of luxury units under the Lalit Hotels brand has led to the detection...
India may raise import duties on over 50 items
NEW DELHI: India plans to increase import duties on more than 50 items including electronics, electrical goods, chemicals and handicrafts, targeting about $56 billion worth of imports from China and...
Forex reserves touch lifetime high of $462.16bn
MUMBAI: The country's foreign exchange reserves rose $943 million to touch a lifetime high of $462.16 billion in the week ended January 17, according to the latest data from the...
Growth slowdown in India temporary: IMF chief
DAVOS: IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead.Speaking at the WEF 2020 in...
Sensex ends 227 pts higher; Nifty reclaims 12,200
MUMBAI: Extending its gains for the second session, market benchmark sensex rose 227 points on Friday, tracking rally in banking stocks amid recovery in global equities.After opening on a weak...
India faces first fall in direct taxes: Report
MUMBAI: India's corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, over half a dozen senior tax...
2 IndiGo flights returned to Mumbai following snags
NEW DELHI: An IndiGo Mumbai-Nagpur flight had to return to Mumbai on Thursday after getting a cargo smoke warning. The Airbus A320 (VT-IKI, not a Neo) had taken off as...
Walmart’s cash-&-carry biz may go to Flipkart
NEW DELHI: Flipkart group is likely to acquire the loss-making wholesale cash-and-carry business of its parent US retail giant Walmart in India. The move comes shortly after talks with the...
Non-telecom PSUs have no dues: Dharmendra Pradhan
NEW DELHI: Oil minister Dharmendra Pradhan on Thursday blamed "communication gap" for the DoT (department of telecom) demanding Rs 3 lakh crore in dues from non-telecom PSUs (public sector undertakings)...
DoT orders no coercive action on defaulting Airtel, Voda Idea
NEW DELHI: On a day when the Supreme Court-mandated deadline for Bharti Airtel and Vodafone Idea to pay Rs 88,624 crore in past dues ended, the department of telecommunications (DoT)...
