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-
E-way GST bill generation picks up pace ahead of festive season
Going by the recent weekly trends, the daily average is expected to rise further for September when data for the full month is captured. Between September 1 and 19, as many as 4.04 crore e-way bills were generated. -
Amazon probing bribery complaint in India: Report
Amazon is said to have launched a probe after a whistleblower raised a complaint against its legal representatives for their role in allegedly bribing Indian officials., a report said. It also said an independent advocate in Delhi, who works with Amazon as an outside counsel, was the one who funnelled the money paid by Amazon to bribe government officials. -
DEA secy-led panel to firm up sustainable finance road map
The task force will firm up recommendations to further strengthen the resilience of the country’s financial sector against risks emanating from various climate and ESG issues, a senior government official told FE. It will firm up recommendations to grow sustainable finance in India and set a clear time frame for their implementation. -
Market selloff: Investors lose Rs 5.31L cr in 2 days
Investors' wealth has tumbled by Rs 5,31,261.2 crore in two days of equity market decline amid a bearish trend overseas. Sliding for the second consecutive session on Monday, the 30-share BSE benchmark sensex plunged 524.96 points or 0.89 per cent to close at 58,490.93. During the day, it dropped 626.2 points to 58,389.69. -
India moves up in global innovation club
Governments and enterprises across the world scaled up investments in innovation amid the Covid-19 pandemic, with India featuring in the top 50, among the grouping of top innovators. -
Canada resumes direct flights to & from India after 5 months
Air Canada has restarted Delhi-Toronto non-stops with a new protocol where WHO-approved vaccinated passengers must undergo an RT-PCR or a rapid PCR test within 18 hours of boarding its flights from the Covid-19 Testing Centre and Lounge at Delhi Airport’s Terminal 3. -
Twitter offers to settle 2016 lawsuit for $800m
Twitter Inc said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit from 2016 that alleged the company misled investors about its daily and monthly user engagement numbers. -
Videocon insolvency: Lenders make U-turn, want fresh bids
After getting rapped for accepting Vedanta group's bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate tribunal NCLAT seeking fresh bids for the debt-laden consumer durable firm. -
Zero tolerance for corruption, says Amazon
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action. -
Explained: Why Tata Steel plunged 10% today
Tata steel was the biggest loser in the sensex pack falling up to 10 per cent after future prices for steel making raw materials dropped as China, the world's top steelmaker, indicated it could expand strict air pollution controls to more cities. -
Evergrande workers got a tough choice: Loan it cash or lose bonus
China’s most indebted company has seen its shares lose more than 80 percent of their value this year -
Sensex plunges 525 points as metal, bank stocks fall
Equity indices plunged on Monday with the benchmark BSE sensex falling over 500 points dragged by metal and bank stocks. The 30-share BSE index fell 525 points or 0.89 per cent to close at 58,491; while the broader NSE Nifty settled 188 points or 1.07 per cent lower at 17,397. -
'Allegations of improper actions taken seriously'
Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action. -
Emails of IiAS’ Amit Tandon invite trouble for him; whose ‘PROXY’ is IiAS?
It is to be noted that the references are made by Amit Tandon on the issues between Yes Bank and Dish TV. -
Sensex, Nifty swing amid global cues; fall sharply after rise
Barring Nifty FMCG, all other sectoral indices are trading in the red with metals, PSU Banks, financial services, auto and realty indices dragging the most.
-
Sensex plunges 525 points as metal, bank stocks fall; Nifty ends below 17,400
Equity indices plunged on Monday with the benchmark BSE sensex falling over 500 points dragged by metal and bank stocks. The 30-share BSE index fell 525 points or 0.89 per cent to close at 58,491; while the broader NSE Nifty settled 188 points or 1.07 per cent lower at 17,397. -
FB India appoints Rajiv Aggarwal as head of public policy
Facebook India on Monday said it has appointed ex-IAS officer and former Uber executive Rajiv Aggarwal as the director of public policy. He succeeds Ankhi Das, who quit in October last year. She was embroiled in a controversy for opposing enforcement of hate-speech rules against right-wing leaders in the country. -
Okaya Electric Scooter 'Freedum' available at Rs 69,999: Check features and more
The scooters have been unveiled in 12 colour options and it is available at a starting price of Rs 69,999. -
Finance Ministry to kick-start budgetary exercise from October 12
The budget for the next year will have to address critical issues of demand generation, job creation and putting the economy on a sustained 8 per cent plus growth path. -
Char Dham Yatra 2021: IRCTC unveils special train for pilgrims; check package costs, trips and more
The 16-day tour, which started from Delhi's Safdarjung Railway Station on September 18, will cover the visit to Haridwar, including Ganga ghat, temples and Ganga aarti. -
Bengaluru top city for hirings in August; Pune, Chennai follow
Tech is back in fashion, as hiring activity year-over-year has picked up most in Bengaluru (59%), largely driven by the demand for IT workers, according to a report by Monster.com, a Quess Corp firm. -
Mumbai ranks as world's most stressful city for driving, reveals survey
The cities were given an overall score of 10 out of which Mumbai and Delhi scored 7.4 and 5.9, respectively. -
Mumbai ranked as world's most stressful city for driving, revealed survey
The cities were given an overall score of 10 out of which Mumbai and Delhi scored 7.4 and 5.9, respectively. -
Amazon vows ‘zero tolerance’ for graft after India probe report
A whistleblower within Amazon flagged the alleged bribery issues in its Indian operations, prompting the company to start its probe. Amazon is investigating accusations that legal fees paid by the company have been used as bribes. The company has also placed a senior employee on leave. -
Hiring activity witnesses marginal growth sequentially in August: Report
Overall job postings witnessed a slight uptick in job posting activity in August, with a 1 per cent increase compared to the previous month, according to data from Monster Employment Index by Monster.com, a Quess Corp company. -
Post Office Savings Account: Check eligibility, tax exemption, better returns and more
In order to open a savings account at the nearest post office, one would require valid KYC documents along with an initial deposit of Rs 500. -
Demand is back, but rising costs could spoil the revival party
Businesses are looking expectantly towards festive season buying to bring them closer to pre-COVID-19 levels of sales volume. Escalating costs, however, can erode profitability -
FB India appoints ex-IAS officer Rajiv Aggarwal as head of public policy
Facebook India on Monday said it has appointed ex-IAS officer and former Uber executive Rajiv Aggarwal as the director of public policy. He succeeds Ankhi Das, who quit in October last year. She was embroiled in a controversy for opposing enforcement of hate-speech rules against right-wing leaders in the country. -
'India Inc to dole out 8.6% average increment in 2022'
The survey further said that organisations will continue to differentiate pay increases by skills and performance and top performers can expect about 1.8 times the increments given to average performers. -
Sensex, Nifty open low on global cues, metal and banks top drag
Barring Nifty FMCG, all other sectoral indices are trading in the red with metals, PSU Banks, financial services, auto and realty indices dragging the most. -
Gold prices fall down to reach Rs 45,500; Check rates in your city
Globally, gold prices continue to fall down against a stronger dollar. While Spot gold dropped by 0.1 per cent at $1,752.66 per ounce, the US Gold futures remained low at $1,753.80. -
Import duty on cars 'outrageous': Merc
Martin Schwenk, the MD of Mercedes-Benz in India, has said that import duties in India are extremely high and should be reduced immediately to help develop the market for new cars that carry global technologies. -
US faces a fiscal cliff: Crisis or farce?
The debate over whether the US debt ceiling needs to be raised will revive pernicious fears about fiscal deficits -
Ease of doing business helped create more startups: Piyush Goyal
For promoting startups, the government is creating future global leaders and wants to become the innovation hub of the world, he said during an interaction with the industry representatives in Bengaluru. -
It#39;s high time GST Council reinvented itselfÂ
Approach to compensation cess, fuel tax underscores the need for GST panel to change stance and focus on structural issues -
FDI key to India#39;s aspiration to be a $5 trillion economy, says Deloitte CEO
Referring to the survey, he said India continues to be "one of the most attractive" FDI destinations. -
Cautious Push: Finance secretary TV Somanathan tempers stimulus expectations
There is a strong opinion among sections of the economists' fraternity and independent analysts that the government could allow the fiscal deficit to exceed the budgeted level by a significant margin to find resources for giving a much-needed boost to consumption spending, which is at a low ebb. -
‘Forced formalisation behind the surge in tax collections’
India’s informal sector accounts for about a half of its GDP but employs as much as 80% of its workforce, according to an HSBC estimate. -
Data monitor: States’ FY22 capex target difficult to meet
Like last year, which saw a 11% rise on-year over a low base of FY20, it expects 11-13% rise in capex this fiscal, assuming that states spend 80-85% of the budgeted estimate.
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