Business

In the upcoming Budget, the government is going to promote digital payments and launch iniciatives to make them cheaper, says Niti Aayog chief Amitabh Kant. Through e-payments and various other means, the government is also planning to boost job creation.

Government may announce a new cess in the forthcoming Union Budget 2017-18 to cover around 20,000 railway coolies under social security schemes run by the retirement fund body EPFO.

The benchmark BSE Sensex gained over 72 points in early trade on Tuesday, extending yesterday's rally on increased buying by domestic institutional investors encouraged by macro data and better earnings by some blue chips like TCS and Infosys.

Chief executives officers in India are among the most confident lot when it comes to short-term revenue growth and also have ambitious hiring plans for the next 12 months, says a survey released on Monday.

Private equity inflows into the country's real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament's clearance of two significant legislations -- Real Estate (Regulation and Development) Bill and GST, says a repo...

Godrej Group Chairman Adi Godrej has said the government should not "interfere" in the real estate sector, often cited as one of the biggest black money generators, even as he termed demonetisation a "positive step".

Currently, the budget carrier has 32 next generation B737s and 17 Bombardier Q400s.

Natarajan Chandrasekaran, the CEO of Tata Consultancy Services, was named the new Chairman of Tata Sons on Thursday, signalling an end to the uncertainty that has gripped the $100 billion coffee-to-cars conglomerate since the sacking of Cyrus Mistry.

Belying expectations of a slowdown due to demonetisation, industrial production in November grew by 5.7 per cent compared to a contraction of 3.4 per cent in the same month a year ago.

The rupee on Monday tumbled by over 25 paise to close at 68.21 against the US dollar on renewed worries over fall in the country's economic growth coupled with concerns regarding quarterly earnings due from this week.

The rupee made a roaring comeback after a two-day downfall against the American currency and ended higher by 28 paise at 68.05 following a fresh bout of dollar selling by banks and exporters.

There are over 45,000 such service providers on Alibabas shopping platforms, Taobao and Tmall, the company said, adding those service providers had registered 142-per cent growth in income year on year as of September 30.

SBI Chairperson Arundhati Bhattacharya said banks, indeed, have huge low-cost funds driven by deposits following the demonetisation drive and these will flow out. But we expect 40 per cent of that to stay with the bank.

The Sensex wiped off all its gains on Wednesday and fell marginally to end in the red at 26,211 as cautious investors took profit ahead of the monthly futures and options (F&O) contract expiry amid a mixed trend overseas.

Breaking his silence over the feud with ousted Tata Sons chairman Cyrus Mistry, Ratan Tata on Friday said there has been a "definite move" to damage his personal reputation in the last two months but truth will eventually prevail howsoever painful the pro...

"What India has done is commit a massive theft of people's property without even the pretence of due process -- a shocking move for a democratically elected government.