Business

Last week, government had announced merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second largest lender by assets and branches.

A Finance Ministry official, who didn't want to be named, said the main reason for the planned increase in duties was to restrict the inflow of items displaced by an escalating US-China trade tensions.

The Indian government estimates that the measures, including exempting investors from withholding tax for offshore rupee-denominated (masala) bonds and allowing Indian banks to become market-makers, will increase capital inflows by USD 8-10 billion, or 0....

As long as monetisation avenues and opportunities are properly identified, roll out would not take long because there is no requirement for replacing hardware as it was done to upgrade from 3G to 4G services, the secretary noted.

The GoM has identified 18 companies across the country to develop a uniform accounting software for the smaller tax payers.

The former finance minister also claimed that though export credit had declined from Rs 39,000 crore in June, 2017, to Rs 22,300 crore in June, 2018, the government thinks that it is taking steps to boost exports.

Flipkart's reported talks with Hotstar come at a time when there is high demand in the country for video streaming services like Netflix and Amazon Prime Video.

Shivinder had earlier this month filed an application before the Delhi bench of the National Company Law Tribunal (NCLT) alleging that collective and ongoing actions of Malvinder and Godhwani led to a systemic undermining of the interests of the companies...

Like their predecessors during the internet-stock boom almost two decades ago, cryptocurrency investors who bet big on a seemingly revolutionary technology are suffering a painful reality check, particularly those in many secondary tokens, so-called alt-c...

The rupee had a positive start and touched a high of 72.25 versus the dollar in early morning deals. But, it suddenly collapsed to hit a fresh record low of 72.74

Thanking Ravi Shankar Prasad, in a letter, for his visit to Google's Mountain View Sundar Pichai said Google shares the vision of creating a truly 'Digital India' and commits to being part of India's growth story.

The BSE Sensex spurted 147.01 points to finish at 38,389.82, while the broader NSE Nifty climbed 52.20 points to 11,589.10.

The problem lies with the fiscal prudence measures of the government which does not allow the excise on fuel to be cut. Crude oil continues its upward trend and that does not help the fuel prices.

The 30-share index fell up to 122.72 points, or 0.32 per cent, to 38,189.80, after touching a high of 38,518.56 at the outset.

The internal ombudsman scheme was introduced by the RBI to strengthen the internal grievance of banks and ensure that the complaints of customers are redressed.

Beijing and Washington started the trade war last month each imposing 25 per cent tariffs on $34 billion of each other's exports.