Business

New Delhi/Bhubaneswar: The Union Cabinet has approved the construction of a six-lane access-controlled capital region ring road (Bhubaneswar Bypass) in Odisha on Hybrid Annuity Mode (HAM) at a total capital cost of Rs 8,307.74 crore, I&B Minister Ashwini Vaishnaw said Tuesday. Currently, connectivity between Rameshwar...

The Mahindra Group Monday issued a statement after Biju Janata Dal (BJD) MP Sulata Deo alleged that one of its employees sent her rape and death threats on social media. The Anand Mahindra–owned company said it has “zero tolerance” for any form of misconduct, intimidation...

Management as an academic field has developed over centuries, guided by great thinkers and practitioners. One of the greatest among them is Henri Fayol, a French management theorist and mining engineer. He formulated a series of management principles that still direct organizations globally today. In...

New Delhi: In a sign of further thawing of economic ties, China has assured India that address its major trade concerns, especially around the import of rare earths and fertilisers. Chinese Foreign Minister Wang Yi has told External Affairs Minister (EAM) Dr S Jaishankar that...

New Delhi: The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said Monday. The unemployment rate (UR) in May was also 5.6 per cent, said the Periodic Labour Force Survey (PLFS)...

New Delhi: Railway's total earnings and expenditure from its operations when compared with its cross subsidising records showed that it understated its expenditure in the financial year 2022-23 by more than Rs 5,000 crore, the Comptroller and Auditor General's report, recently tabled in the Parliament,...

New Delhi: The Supreme Court Monday asked the NHAI why a commuter should be asked to pay Rs 150 toll if it took 12 hours to cover a 65-kilometre highway stretch in Thrissur, Kerala. A bench comprising Chief Justice B R Gavai and Justices K...

Mumbai: Stock markets rose sharply Monday, with Sensex closing higher by 676 points and Nifty climbing 1 per cent on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex...

New Delhi: The government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal Monday, Union Minister Mansukh L Mandaviya said, urging employers and first-time employees to take benefit of the Rs 1-lakh crore central scheme. The Union Cabinet approved the Employment Linked Incentive...

New Delhi: The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and...