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-
Pulwama effect: India hikes customs duty on all goods imported from Pakistan to 200 per cent
Among the main goods that India imports from Pakistan are fresh fruits, cement, petroleum products, bulk minerals and ores and finished leather. -
PE firms see bonanza in residential realty sector
The domestic residential real estate space has been in a rut for years with failed and delayed projects putting buyers off. Developers more recently have been hit by a credit squeeze as banks struggle with bad debts and a crunch in the shadow banking sector. -
TechM board to meet on Feb 21 to consider share buyback
Cash-laden Indian IT firms have been returning surplus cash on their books to shareholders by way of dividends and buybacks. Earlier this year, Infosys had announced a buyback offer of Rs 8,260 crore. -
Delhi government announces around three-fold hike in margin money for ration dealers
It includes rice and wheat distributed by ration dealers under the National Food Security Act, 2013, apart from sugar. -
India's oil imports from Iran plunged 45% in January
The United States introduced sanctions aimed at crippling Iran's oil revenue-dependent economy in November but gave a six-month waiver to eight nations, including India, which allowed them to import some Iranian oil. -
Lok Sabha polls will bring #39;good result#39;, hopes Amartya Sen
Sen claimed that schemes such as Ayushman Bharat and Rashtriya Swastha Bima Yojana do not aim at improving primary healthcare in the country. -
India’s exports grow 3.74% in January; trade deficit widens to $14.73 billion
According to data from the commerce ministry, exports during the month increased to USD 26.36 billion, compared with USD 25.41 billion in January 2018. Exports growth remained almost flat in November and December 2018. -
Cognizant to settle TN graft case in US with $28m
Cognizant said in a statement that it had resolved all disputes with US regulators pertaining to violations of Foreign Corrupt Practices Act as its top management allegedly facilitating bribes to government officials. -
Cognizant to settle Tamil Nadu graft case in US with $28 million
Cognizant said in a statement that it had resolved all disputes with US regulators pertaining to violations of Foreign Corrupt Practices Act as its top management allegedly facilitating bribes to government officials. -
Why smartphone sales have taken a beating
Apple said at the beginning of the year that it will see lower sales than earlier expected due to slowing iPhone sales and challenges in China. -
US, Canada move WTO against India on ‘under-reporting’ of MSP for five pulses
The two countries have taken issue with the quantity of production used in market price support calculations, the lack of information necessary to assess WTO compliance, problems with currency conversions and the prices used in the calculations. -
Infosys offers e-courses for engineering students
Students signing up on the platform get access to proprietary courseware to deploy knowledge gained on live projects. Infosys will provide a certification for some of the courses. In time, the platform will also morph into an additional hiring channel. The programmes will be offered free to students and colleges. It is targetted at third and fourth-year students. -
Export growth muted, deficit up
Merchandise exports rose 3.7% to $26.36 billion in January despite a weak rupee, up from 0.3% in December but lower than 9.1% growth achieved so far this fiscal -
Pulwama terror attack: India revokes most favoured nation status accorded to Pakistan
A day after the deadliest terror attack in Kashmir killed over 40 CRPF troops, India on Friday stripped Pakistan of the most favoured nation (MFN) status in trade it had unilaterally granted in 1996. -
Exports grow under 4% in Jan on weak demand
Data released by the commerce department estimated exports at $26 billion in January, compared with $25.4 billion a year ago. Exports growth had remained almost flat in November and December 2018, although the government is hopeful of reporting record exports by March-end. -
Not enough credit, late GST refunds a concern for exporters: Industry tells govt
The persistent decline in bank lending for exporters, delay in refund of input tax credit and the fear of a withdrawal of duty-free export benefits by the US under the so-called GSP regime dominated the discussion at a meeting of the Board of Trade on Friday. -
CBDT issues guidelines for defending cases at CIT (appeals)
Appeals would be filed in high courts if the tax amount involved in litigation is Rs 50 lakh, up from Rs 20 lakh
at present.
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