The Indian economy is not recovering as fast as the government claims and the country's economy may contract 25 per cent in the current financial year, noted economist Arun Kumar said on Sunday. Kumar further said that due to a big decline in the GDP during the current financial year, the budget estimates have gone completely out of gear and, therefore, there is a need to correct the Budget.
An IndiGo Surat-Kolkata flight with over 170 people on board diverted to Bhopal on Sunday after the pilots reported a “burning smell in the cockpit”. The Airbus A320 neo (VT-ITH) operating as 6E-357 landed safely in Bhopal.
Luxury car makers Mercedes-Benz, Audi and Lamborghini expect the government to lower taxes on automobiles in the upcoming Budget, saying the premium segment of the auto industry has not been able to grow due to high taxation besides being hit hard by coronavirus. Any hike in taxes will hit demand and prevent recovery from the disruptions witnessed last year, according to senior officials of the companies.
ITAT has held that the benefit of a higher tolerance band of 10% for the difference between the sale price of a flat and the stamp duty valuation will apply with retrospective effect. The ruling will help pending cases from these years when the acceptable variation rate was much lower or no such leeway was available.
The Trump administration last week notified some Huawei suppliers that it is revoking their licenses to sell to the Chinese tech giant and intends to reject dozens of other applications to supply the telecommunications equipment maker, people familiar with the matter told Reuters.
Canada's Industry Minister FrançoisPhilippe Champagne spoke to Alimentation CoucheTard founder Alain Bouchard and assured him of support for Canadian businesses, after the company dropped plans to buy European retailer Carrefour SA, the minister said in a tweet on Sunday.
The Food Corporation of India (FCI) has procured564.17 lakh tonnes of paddy till January 16, an increase of 25.25 per cent from 450.42 lakh tonnes in the corresponding period of the previous year.
Some users have fled Facebook and Twitter after the platforms booted President Donald Trump and some of his confederates for inciting unrest and spreading false claims about election fraud. Some migrated to farright friendly sites like Parler or Gab. Others joined a service that aims to stand apart.
Since the conclusion of the fifth and final round of the bidding process last month, Piramal and Oaktree Capital each claimed that their bid was the highest and fully implementable.
Last week, Raab said Britain would introduce new rules for its companies to try to prevent goods linked to China’s Xinjiang region entering their supply chains.
Israel's economy is likely to grow by 4.6% this year, the Finance Ministry said on Sunday in a forecast reliant on continuation of rapid COVID19 inoculations and a drop in the infection rate.
The government had invited expressions of interest from bidders for its 51% stake in mini-Ratna PSU Pawan Hans, with January 19 as the deadline.
A new partnership with Airtel will allow prepaid users of the telecom major to avail the video streaming service as a standalone offering.
With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre.
Customers taking food delivery at their home or office are paying 13% higher price on the same food and beverages compared to customers who are walking down to restaurants as the dine-in tax rate is 5%, they claimed.
What prompted the RBI Governor’s warning? Why is the RBI concerned?
The amount of disbursals under COVID-19 claims to subscribers is a sizable amount of over one fifth of the total disbursement during the period by the EPFO.
With markets on a roll, investors must exercise caution as the path to riches is riddled with potholes
Both India and Pakistan need to exercise restraint, but we also need to lay down a threshold which says -- this far and no more, says Colonel (retired) Jaibans Singh
Arun Jaitley's laud-worthy effort... Revealed! The new 'best friends' in politics... Akhilesh Yadav's big dilemma... All this and more in this week's Dilli Gupshup.
Here is an extensive list of enhanced hatchbacks that are impressive from buyers' viewpoint.
Gray Wolves and White Doves by John D. Balian is the "story of a young boy's quest for identity and belonging." We bring you an excerpt.
Two own goals from Stoke City forward Jonathan Walters set Chelsea on their way to a 4-0 Premier League victory on Saturday that gave under-fire interim manager Rafael Benitez some respite.
Robinhood was now considering whether to add a phone number along with other tools, the report said.
India’s stock benchmark rose, clocking its tenth straight session of gains, as investors piled into beaten-down shares in the last hour of trading.
Shares slipped in Japan and South Korea, and futures pointed lower in Hong Kong
Shares in Apple Inc surged 6.4% on Wall Street on Monday ahead of an expected debut of its latest iPhone on Tuesday
Apple Inc jumped nearly 7% ahead of an event on Tuesday, when it is expected to unveil its newest iPhones.
The People's Bank of China has scrapped a requirement for banks to hold a reserve of yuan forward contracts
An expected surge in election-related volatility in the U.S. stock market is paving the way for Asian shares to make a run at besting their American peers.
The latest public notice was issued by the Directorate General of Civil Aviation on Monday.
MoU will enable Yes bank to work with the BFSI sector on responsible finance, financial inclusion.
During the April-November period, fiscal deficit touched as much as 94 per cent of the budgeted target.
Commerce and Industries Minister Amit Mitra held out a clear cut plan for industrialists at a seminar.
Arvind Mayaram said spurt in demand for food products adding to inflationary pressure.
CAD in India touched all-time high of $88 bn or 4.8 pct of GDP in 2012-13, Arvind Mayaram said.
Singapore Airlines has chosen Airbus's A320 to launch its new Indian JV with Tata Sons...