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Services activity falls for sixth month in August as COVID restrictions hurt business

Hoping to avert more economic damage, government said it planned to reopen underground train networks and allow sports and religious events

03 Sep 2020 3:04 PM

India should enhance its position in global supply chain, says US

India with its Atmanirbhar Bharat Initiative has put forward a programme that puts a question mark on notion of self-reliance, Semsar said

03 Sep 2020 12:54 PM

Ambani siblings feature on Fortune's 40 Under 40 list

As Jio board members, they helped seal the company's recent megadeal with Facebook— $5.7 billion for a 9.99% stake

03 Sep 2020 10:29 AM

Gold imports in August doubles to hit 8-month peak as demand improves

In value terms, August imports surged to $3.7 billion from $1.37 billion a year ago

02 Sep 2020 2:06 PM

Komal Baldwa's start-up fights the intimate enemy

Her start-up Bleü promotes non-toxic condoms and she hopes to diversify into many other products

01 Sep 2020 6:57 PM

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Demand for office space leasing falls 73% in first six months amid cramped supply

Vacancy levels rose to 20 per cent during the first half of 2020

01 Sep 2020 5:34 PM

Electricity output falls for sixth straight month in August

In the second half of August, electricity generation declined 4.5%, compared with a 2.6% increase during the first fifteen days of the month

01 Sep 2020 4:39 PM

After five-month gap, manufacturing activity gains momentum in August

Although input prices rose at the sharpest pace in nearly two years, firms have cut prices of their goods for four months to boost demand

01 Sep 2020 2:40 PM

DGCA extends ban on international passenger flights till September 30

The circular said suspension does not affect the operation of international all-cargo operations and flights specifically approved by DGCA

01 Sep 2020 8:58 AM

Adani Group seals deal to take control of GVK's Mumbai airport

Adani Airport Holdings has "entered into an agreement to acquire the debt of GVK Airport Developers," Adani Enterprise said

31 Aug 2020 11:30 AM

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COAI predicts 14-15% increase in Telecom Industry’s revenue

Kochhar said that financial distress is "evident" and that COAI will continue to push for relief including reduction in SUC and licence fee

30 Aug 2020 4:03 PM

ED raids firms running Chinese betting apps, freezes bank accounts

The federal probe agency said it has frozen four HSBC bank accounts containing Rs 46.96 crore after conducting raids at multiple premises

30 Aug 2020 1:43 PM

ASEAN countries, 8 others including India to strengthen regional supply chains

The ministers have finalized an ASEAN Digital Integration Index, which maps readiness for an integrated digital economy among ASEAN members

30 Aug 2020 10:37 AM

Realty sector expects 60% decline in residential sales volume in FY21

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs and debt obligations

28 Aug 2020 9:17 AM

Government to forego Rs 46,000 crore of interest on delayed GST payment

But businesses that had already paid their taxes are likely to claim a refund

27 Aug 2020 10:43 AM

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FSSAI plans to limit trans-fat in food items to 2% by 2022

Currently, bakeries, sweet shops and other food business operators can voluntarily display 'trans-fat-free' logos on food products

26 Aug 2020 7:40 PM

We've good news: Crooks stole only Rs 28k crore during corona quarter

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

26 Aug 2020 8:58 AM

Some states may cut stamp duty rates to push realty sales: Anarock

Property consultant says Karnataka, Maharashtra considering revision of registration charges

25 Aug 2020 4:56 PM

Power ministry advises telcos to cap late payment surcharge at 12%

In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened over last few years

23 Aug 2020 9:07 AM

Wage bill sees lowest growth in 18 years

The wage bill of 1,560 listed companies analysed by think tank CMIE recorded a 2.9 per cent increase in the June 2020 quarter

22 Aug 2020 12:11 AM

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