Tata Motors domestic sales up 54% at 56773 units in June

Tata Motors today posted a 54 percent jump in domestic sales at 56,773 units in June. The company had sold 36,836 units in the domestic market during the same... Read more »

A year on, GST gears up for the long haul

One year after its implementation, the Goods and Services Tax system is functioning well and has resulted in increased tax compliance across the country, according to officials in the... Read more »

Common man’s savings used to save ‘bleeding’ IDBI: Congress

Slamming the Narendra Modi government for another instance of “financial anarchy”, the Congress on Saturday said savings of common man in life insurance is being used to save the... Read more »

RIL to acquire US-based Radisys to accelerate 5G, IoT push; deal valued at USD 74 mn

Reliance Industries will acquire US-based open telecom solutions provider Radisys, in a deal estimated at USD 74 million (about Rs 506 crore), to strengthen its venture Jio’s position in... Read more »

Virtual ID system in operation; banks to deploy Aadhaar verification tool by Aug 31: UIDAI

New Delhi, Jun 30 () The UIDAI today said virtual ID mechanism that can be used in lieu of Aadhaar number for identity verification is now “operational” with its... Read more »

Mumbai Airport Among Least Punctual Airports In The World: Study

Mumbai’s Chhatrapati Shivaji International ranked 509 out of 513 airports for punctuality New Delhi:  The IGI airport in Delhi, the 16th busiest in the world, ranked poorly in flight... Read more »

Rupee is Asia’s worst performing currency and it may hit banks’ earnings

NEW DELHI: The Reserve Bank of India’s ( RBI) efforts to tighten the availability of rupees in the market and halt a slide in the currency may squeeze profitability... Read more »

Subsidised LPG price hiked by Rs 2.71 per cylinder

Subsidised cooking gas price was hiked by Rs 2.71 per cylinder today as a result of tax impact of base price rising due to spurt in international rates and... Read more »

US-China trade war could flood India with steel

By Swansy Afonso and Bhuma Shrivastava Indian companies are bracing for a possible flood of steel imports should the U.S. and China follow through on their threats about a... Read more »

Choksi exported low-quality goods at inflated prices: ED

Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the... Read more »