Business

Reliance Jio has also sought directions to the state and central governments to take necessary action including prosecution against the persons involved.

Finance Secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.

Asian stock markets rose Monday on 2021s first trading day, boosted by optimism about the rollout of coronavirus vaccines after Wall Street ended the year on a new high.

Mexico's main agricultural lobby on Saturday criticized the government's decision to ban genetically modified corn, while organic growers hailed the move that should protect smaller farmers.

Business events and economic reports scheduled for the coming week.

Failing to recall vehicles quickly enough could cost Daimler Trucks up to $30 million in fines and other costs.

Trading in Tokyo was closed for the New Year's holidays Thursday, while the handful of bourses that remained open in Asia and Europe was mixed.

U.S. trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraftrelated parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels.

The recovery proceedings have been initiated against the entities after they failed to repay investors' money as directed by the Securities and Exchange Board of India (Sebi) in October 2016.

Wall Street's main indexes were set to open at fresh record highs on Tuesday as bets that fiscal aid will speed up a vaccineled recovery in the economy boosted sentiment in the final days of the year.

Global shares climbed on Monday after U.S. President Donald Trump signed into law a $2.3 trillion pandemic aid and spending package, backing down from his earlier threat to block the bipartisan bill.

Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments.

Business events and economic reports scheduled for the coming week.

Gold prices edged up on Thursday as the dollar eased and investors bet on further U.S. stimulus though President Donald Trump threatened to veto a longawaited pandemic relief bill.

Singapore's industrial output in November grew 17.9% yearonyear, beating economists' forecasts, helped by a surge in biomedical and electronics manufacturing, official data showed on Thursday.

The S&P 500 closed in positive territory on Wednesday as an expected stimulus deal and falling jobless claims prompted investors to put their money into sectors most likely to benefit from the economy reopening when it recovers from the global health cris...