Business

Bhubaneswar: In its draft parking policy, Odisha government has proposed demand-based charges and promotion of sustainable mobility options such as walking, cycling and the use of public transport, according to a statement issued Sunday. Unregulated parking has emerged as one of the most pressing concerns...

Jerusalem: India and Israel are likely to sign a bilateral investment treaty during the upcoming visit of Israeli Finance Minister Bezalel Smotrich this week, while laying the groundwork for a free trade agreement (FTA) to boost trade between the two countries, according to sources. Smotrich...

New Delhi: Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar. "The rupee slide is largely against the dollar, not against any other currencies....

New Delhi: The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark jumped...

New Delhi: Foreign investors pulled out Rs 12,257 crore (USD 1.4 billion) from Indian equities in the first week of September, weighed down by a stronger dollar, US tariff concerns, and persistent geopolitical tensions. This came following a net outflow of Rs 34,990 crore in...

New Delhi: Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items, and hence there will be no...

New Delhi: Given the expectation of benign inflation, there may be a shortfall in nominal GDP growth compared to the Budget estimate of 10.1 per cent for the current financial year, Chief Economic Adviser V Anantha Nageswaran said. He expressed optimism about meeting the real...

Washington: US President Donald Trump has threatened to impose more tariffs on the European Union (EU) shortly after the bloc slapped a 2.95-billion-euro fine, or $3.47 billion, on Google for violating anti-monopoly laws. Right after the EU decision, Trump said on Friday on his Truth...

New Delhi: India deserves a better opposition and better Opposition leaders, Finance Minister Nirmala Sitharaman said Saturday, as she slammed their criticism of the Modi government on the GST reforms as "ill-informed" and untouched by facts leading up to the implementation of the unified indirect...

New Delhi: In a gesture underscoring the spirit of cooperative federalism, Union Finance Minister Nirmala Sitharaman has written to finance ministers of all states, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST)...