Indian equities seem to now have discounted the return of Prime Minister Narendra Modi. The Sensex after surpassing the historic highs is trading just over 300 points higher. At 1.27 p.m., the Sensex was up by 338.65 points or 0.87 per cent to 39,448.8...
Bucking trends overseas, where governments lost elections after launching the Goods and Services Tax (GST), India appears to have voted overwhelmingly for the ruling party, suggesting that the new indirect tax regime has been widely accepted as a major economic reform....
The BSE Sensex hit another lifetime high of 40,030.86 on Thursday as the ruling National Democratic Alliance (NDA) was seen leading in the Lok Sabha vote count....
More than seven out of 10 US companies in China (74.9 per cent) are being adversely affected by the ongoing trade war between China and the US, according to a survey released on Wednesday by the American Chamber of Commerce in China. "The negative impact of tariffs is clear and hurting the competitiveness of...
The Adani Group is set to withdraw all defamation suits filed against news portal thewire.in and its editors in an Ahmedabad court for articles against its companies, highly placed sources said on Wednesday. Adani Power Maharashtra Limited had filed two suits against the web portal, ...
Some taxation proposals for industry that could not be taken up in the February interim budget, including extension of 25 per cent corporate tax to companies above the current threshold of Rs 250 crore, may find way into the full Budget 2019-20 to fight the persisting economic slowdown, Finance...
Shadow banking assets as a percentage of total financial assets within the country were at 14.3 per cent, in line with the global percentage of 13.7 per cent, a Fitch reports said on Wednesday. The figures assume significance as Indian shadow banking's rapid growth and ...
The Enforcement Directorate (ED) on Wednesday carried out searches at the homes and offices of four former directors of the crisis-struck infrastructure lending major IL&FS in Mumbai over connection with an alleged money-laundering case. The agency is carrying out searches at the premises of Rajesh Kotian, Shehzad ...
When Apple CEO Tim Cook says a four-year degree is not necessary to be proficient at coding, he means it. Ask young Indian tech innovators and you would immediately find the answer....
Train services in the Sealdah-Naihati division of Eastern Railway (ER) were disrupted for about three hours ( 8.43 a.m. to 12:04 p.m.) on Tuesday as residents squatted on tracks near Kankinara station, protesting against clashes in the North 24 Parganas district, an official said....
