Business

New York: Union Information Technology Minister Ashwini Vaishnaw, Infosys co-founder Nandan Nilekani and actor Anil Kapoor are among Indians who have been honoured in Time magazine's prestigious list of the 100 "Most Influential People in AI 2024". The list, released Thursday, features 15 Indian or...

Mumbai: Benchmark equity indices Sensex and Nifty slumped over 1 per cent Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at...

New Delhi: The Supreme Court Friday sought response from ICICI Bank's former Managing Director and Chief Executive Officer Chanda Kochhar and her businessman-husband Deepak Kochhar on a plea filed against the Bombay High Court order declaring their arrest as "illegal". A bench of Justices Sanjiv...

Paris: Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform's use for criminal activity. In a Telegram post late Thursday,...

New Delhi: Levelling more conflict of interest allegations against SEBI Chairperson Madhabi Buch, the Congress Friday claimed that she received rental income from an entity affiliated with a company that the capital markets regulator was investigating for various cases, including that of insider trading. Congress...

New Delhi: Amid a political storm over allegations of conflict of interest against SEBI chairperson Madhabi Buch, the Parliament's Public Accounts Committee has decided to review the performance of regulatory bodies established by Acts of Parliament. The Public Accounts Committee (PAC) Chairman K C Venugopal...

Dhaka: Bangladesh's tax collection body, the National Board of Revenue, has reduced taxes on imports of onion and potato to rein in soaring prices of essential kitchen items. The board has waived the 5 per cent regulatory duty on onion imports and reduced customs duty...

Chennai: Union Finance Minister Nirmala Sitharaman Thursday said that the goods and services tax (GST) rate is much below the revenue neutral rate (RNR), originally suggested at 15.3 per cent, which means less burden on taxpayers. The current average GST rate has decreased to 12.2...

Mumbai: Reserve Bank Governor Shaktikanta Das Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in...

New Delhi: Homegrown ride-sharing platform Rapido Thursday said it has raised $200 million in its Series E funding, taking its valuation to over $1.1 billion. The funding round was led by WestBridge Capital, and also saw participation from existing investor Nexus, along with new investors...