Business

RBI gets ready to train its guns on 50 more...

Nov 17, 2017Comments off

  NEW DELHI: The Reserve Bank of India is likely to come up with a fresh list of around 50 loan accounts that are either

Unusual cash deposits hit Rs 1.7 lakh crore...

Nov 17, 2017Comments off

COIMBATORE: The jury is still out on the benefits of demonetisation of high-value currency notes. But unusual cash deposits in specific accounts, which are usually

Govt tells companies to pass on GST gains i...

Nov 17, 2017Comments off

NEW DELHI: The government is asking consumer goods companies as well as others dealing with over 200 items, where goods and services tax (GST) has

India key driver on Instagram’s path to 1...

Nov 17, 2017Comments off

MENLO PARK, CA: Mike Krieger co-founded the popular photo-sharing app Instagram along with his Stanford college mate Kevin Systrom in 2010. As the company co-founder

Garment exports dive 41% in October on GST ...

Nov 16, 2017Comments off

COIMBATORE: With readymade garment exports plunging 40.7 per cent on a year-on-year (yoy) basis to Rs 5,398 crore in October, exporters have blamed the slump

Telecom mass layoffs: 75,000 jobs and count...

Nov 15, 2017Comments off

MUMBAI: The telecom sector lost a fourth of its workforce, or some 75,000 employees, in the last one year as operators, tower firms and vendors

Xiaomi is 2nd biggest mobile company in Ind...

Nov 15, 2017Comments off

NEW DELHI: Chinese phone major Xiaomi grew strongly in the third quarter (July-September) of this year and emerged as the second-biggest smartphone company in India,

Net profits of banks down by 6% due to lowe...

Nov 14, 2017Comments off

CHENNAI: Giving a breather to banks, deposits grew by only 2 per cent year-on-year (y-o-y) during April-September compared with 8.2 per cent of growth witnessed

Despite govt push, states stall cutting VAT...

Nov 13, 2017Comments off

NEW DELHI: The move to get states to cut value added tax (VAT) on petrol and diesel seems to have stalled after Gujarat, Maharashtra, Himachal

Next step in GST recast: Lower end of tax s...

Nov 13, 2017Comments off

The next rejig of goods and services tax will likely focus on the lower end of the rate slabs, as the country seeks to further