The Indian Railways, which does not exactly hold the reputation for being a profit-making entity has managed to swell its coffers by Rs 35,000 crore, which is more than the annual budget of three northeastern states put together. The Railways managed to make Rs 35,073 crore in 10 years by selling off scrap, ...
The US dollar ticked down slightly as investors scrutinized the September policy meeting minutes released by the US Federal Reserve. In late New York trading on Wednesday, the euro was up to $1.0974 from $1.0954 in the previous session, and the British pound was down to $1.2211 from $1.2217...
If you live in the US or in Israel, had a Yahoo account between 2012 and 2016 and have got an email from Yahoo on the settlement claim over data breach, you could be eligible for $358 or more....
In yet another privacy breach, Twitter has admitted that its users who provided email addresses or phone numbers for better security like two-factor authentication (2FA) on the platform were served with targeted ads...
In a bid to incentivise purchase of new vehicles, the Goa cabinet on Wednesday rolled back road tax by 50 per cent for all new vehicles till December 31, Chief Minister Pramod Sawant announced here. "We have decided to reduce road tax up to 50 per cent for all registration of ...
European home appliances manufacturer BSH on Wednesday said that it had sold one millionth washing machine in India. In a statement BSH India said it has sold one millionth washing machine unit in India with major demand from metro cities in South India....
The State Bank of India (SBI) on Wednesday cut interest rate on savings deposits, with a balance of upto Rs 1 lakh, by 25 bps to 3.25 per cent from November 1, and slashed retail & bulk term deposit interest rates by 10 and 30 bps respectively for 1 year to less than 2-year tenor from October 10....
The State Bank of India and Bank of Baroda may report healthy pre-provision operating profit, but elevated credit costs and higher mark-down on DTA or Deferred Tax Assets could impact their earnings if they decide to move to the new tax regime in Q2. It will be a Soft and volatile quarter for banks, the brokerage said adding: ...
The earning preview for the September quarter, which begins Thursday, remains bleak with most companies having already paid their advance tax and thus unable to reap the benefits of the corporate tax reduction announced last month. "We are not assuming any benefits from the corporate tax reduction in 2QFY20 as ...
It may still be a long road ahead for privatisation of public sector oil refiner Bharat Petroleum Corporation Ltd (BPCL). The possibility of legal challenge over any plan to sell the government stake in the oil PSU has pushed executives and government officials to seek fresh legal opinion on the proposed disinvestment move....
