Marking the second increase in rates in one month, the price of subsidised cooking gas (LPG) was today hiked by Rs 1.93 per cylinder as the government looks to cut down subsidies. A subsidised 14.2-kg
Adding to the exiting woes of beleaguered businessman Vijay Mallya, his assets worth over Rs 700 crore will go under hammer in August. The list of his assets contains plenty of items - the erstwhile
Marking the third reduction in rates this month, price of petrol was today slashed by Rs 1.42 a litre and that of diesel by Rs 2.01 per litre on global cues. After the relaxation, which
Finance Minister Arun Jaitley on Saturday said that ‘one nation, one tax’ will reduce the taxation levels and will also help in eliminating corruption in the country. “This whole idea of one nation one
After India missed out on achieving former President A.P.J. Abdul Kalam's target of becoming a developed country by 2020, Union Finance Minister Arun Jaitley today said it should now try to be one by 2030.
Defence Minister Manohar Parrikar today said the country is just "one or two years" from indigenous manufacture of missiles as he claimed the DRDO scientists were on the verge of evolving seeker technology, which is
Keeping in view ay-long strike at public sector banks, the last date for filing income-tax returns has been extended to August 5. Originally, the tax returns for 2015-16 (assessment year 2016-17) were to be filed
After liquor baron Vijay Mallya today failed to appear before a PMLA court in connection with a money laundering probe against him in an alleged bank loan fraud case, the Enforcement Directorate (ED) may initiate
E-commerce giant Flipkart today refuted all the media reports that stated the company has made up its mind to lay off as many as 700-1000 employees for poor performance. “Flipkart denies all allegations of a
Starting August, the bank accounts of employees of the central government will go heftier. Topping the move of revision of pay grades for as many as one crore employees, the government today announced that will
India saw a record 53 per cent increase in foreign direct investment (FDI) in the last two years owing to steps taken to foster growth, investment climate, price stability and fiscal prudence, the government told
New age e-passports in the offing will come with enhanced security features such as biometrics, a move that will help the government secure data and curb the menace of fake passports, the government has informed
Signaling an end to the logjam over the passage of the GST Bill in the Rajya Sabha, the Union Cabinet on Wednesday approved changes to the GST Constitutional Amendment Bill, providing for full compensation to
In a bid to meet requirements of the expected increase in fleet size Air India is planning to recruit around 500 pilots and more than 1,500 cabin crew in the next two to three years.
Flipkart-owned Myntra has acquired one of its biggest rivals Jabong in an all-cash deal for $70 million (Rs. 470 cr approx.) making it the biggest mergers in Indian e-commerce industry. After this deal, Flipkart now
The Comptroller and Auditor General (CAG) has slammed the central government for incurring an "avoidable expenditure" of Rs 9.97 crore in the purchase of MiG-29 aircraft for the Navy adding that the it went ahead
Digital payments market size in the country is expected to grow and touch $500 billion (Rs. 33 lakh cr approx.) by 2020, which will account about 15 per cent of gross domestic product (GDP). This
In a bid to further consolidate its position as the undisputed e-commerce market leader in India, Flipkart Ltd has acquired online fashion portal Jabong through its online fashion marketplace Myntra. Jabong was believed to have
In a move to improve customer experience, IRCTC will now provide its passengers a travel accident cover for a premium as low as Re 1 for an insurance cover of Rs 10 lakh. This cover
New Delhi: The Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on Bank of Baroda (BoB) in connection with Rs 6,100-crore forex related irregularities which was unearthed last year. "The
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