Business News

NEW DELHI: Minister of Commerce and Industry Piyush Goyal on Wednesday made no bones about his ‘disapproval’ of the predatory pricing practices adopted by US e-tailer Amazon. Speaking at an event in New Delhi on the impact of e-commerce…

Beijing: Chinese smartphone and household tech giant Xiaomi on Wednesday announced solid revenue growth for the second quarter of the year, despite sluggish consumption in the world's second-largest economy. The brand's presence is…

SYDNEY: Australia approved on Wednesday plans for a massive solar and battery farm that would export energy to Singapore, a project billed as the "largest solar precinct in the world". Authorities announced environmental approvals for…

महिला, ग्रामीण परिवार, रक्षा सेवा के दिग्गजों, राष्ट्रीय खिलाड़ियों को कौशल विकास और रोजगार प्रशिक्षण में विशेष वरीयता

NEW DELHI: The Competition Commission of India (CCI) is said to have raised preliminary concerns that the $8.5 billion merger of Reliance and Walt Disney media assets might harm competition due to their power over cricket broadcast rights.…

BENGALURU: Last week when Nasdaq-listed Cognizant rolled out an increment to employees after a four-month delay, it had to face criticism on social media as wage hike starting as low as 1%. Soon, the company in a statement said the merit…

निदेशक मंडल ने ग्लोबल रिपोर्टिंग इनिशिएटिव, यूनिवर्सल स्टैंडर्ड्स 2021 के साथ संरेखित आरईसी की पहली सस्टेनेबिलिटी रिपोर्ट जारी की

Gurugram: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the Ministry of Power, handed over two project specific SPVs (Special Purpose Vehicles). namely, Rajasthan…

MUMBAI: Given the high yields that the US government debt has been offering since the interest rates there peaked to a multi-decadal high, the Reserve Bank has been ramping up its investments in the world’s most sought-after public debt…

NEW DELHI: The government has finalised the rules for the Digital Personal Data Protection (DPDP) Act and will release them soon for public consultation, said Electronic and Information Technology Minister Ashwini Vaishnaw on Monday. The…

NEW DELHI: Finance minister Nirmala Sithraman has called for views on actions needed to reform multilateral development banks (MDBs), and how the global south can collaborate better to raise the issue of debt distress faced by the low…

MUMBAI: Discount brokers continue to chip away market shares from traditional and full-service brokerages by increasing their market share to 64.6 per cent in July from the 58.1 percent last year.. Meanwhile, brokerages added 4.5 million…

NEW DELHI: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). The…

NEW DELHI: Industry representatives have recently submitted representations to the finance minister, urging a reconsideration of new taxation rules concerning the buyback of shares. The 2024 Union Budget imposed up to a 39% tax on…

NEW DELHI: In a major bureaucratic reshuffle, the government has changed several secretaries in the Ministry of Finance and Ministry of Commerce. The government has also appointed Manoj Govil, currently secretary in the Ministry of…

MUMBAI: Ecom Express, which claims to be the only domestic pure-play B2C e-commerce logistics solutions provider, has filed for an initial share sale worth Rs 2,600 crore with the regulator Sebi. According to the draft papers, the issue…

MUMBAI: Equity benchmark indices Sensex and Nifty surged in early trade on Friday following a sharp rally in global markets along with buying in IT stocks and Reliance Industries. The 30-share BSE Sensex jumped 805.96 points to 79,911.84…

NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) is considering revisiting the restrictions placed on foreign direct investment (FDI) from China as part of a broader evaluation of the country’s foreign…

NEW DELHI: In a first such instance, state-owned Coal India Limited (CIL) will be liable to pay a penalty if it fails to supply coal to consumers through e-auction. Until now, only buyers faced penalties for not lifting the full quantity…