Business

New Delhi: After the Indian government asked Samsung to pay $601 million (approximately Rs 5,174 crore) in back taxes and penalties for allegedly evading import duties on some key telecom equipment, the South Korean giant Tuesday said the company fully complies with the laws of...

New Delhi: Starting May 1, withdrawing cash from ATMs in India will become more expensive as the Reserve Bank of India (RBI) has approved an increase in ATM interchange fees. This means customers who rely on ATMs for their financial transactions will have to pay...

Mumbai: Benchmark indices Sensex and Nifty ended marginally higher Tuesday, taking their gaining streak to the seventh session even as markets witnessed profit-booking after the recent sharp gains. The 30-share BSE benchmark Sensex gained 32.81 points or 0.04 per cent to settle at 78,017.19. During...

Bangkok: Chinese electric vehicle maker BYD logged a record 777.1 billion Yuan (USD 107 billion) in revenue last year as its sales of battery electric and hybrid vehicles jumped 40 per cent. The report late Monday coincided with BYD's launch earlier this week of its...

New Delhi: S&P Global Ratings Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for...

Washington: President Donald Trump said Monday he would be placing a 25 per cent tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the South American country itself. In a Truth Social post,...

Mumbai: The domestic benchmark indices opened higher Tuesday amid positive global cues, as buying was seen in the IT sector in the early trade. At around 9.27 am, Sensex was trading 112.50 points or 0.14 per cent up at 78,096.88 while the Nifty added 12.10...

Scan Group is a renowned name in iron and steel industry. Scan Steels Limited is the flagship company of Scan Group of Industries and represents its integrated steel plant located at Rajgangpur. Through strategic marketing and direct customer outreach, the brand became a household name...

New Delhi: Ajay Seth, a 1987 batch IAS officer of the Karnataka cadre, was designated as the new Finance Secretary Monday, according to an official order. Seth is currently the Secretary of the Department of Economic Affairs in the Finance Ministry. The Appointments Committee of...

New Delhi: The Securities and Exchange Board of India (SEBI) Monday decided to form a high-level committee to review provisions related to conflict of interest, disclosures, and related matters concerning its board members and officials, including the Chairperson. The approval came during SEBI’s first board...