Business

New Delhi: The Parliament approved the Taxation and other Laws (Amendment) Bill Monday, with Finance Minister Nirmala Sitharaman making it clear that the legislation does not impose any tax or transaction charge on users making payments through the Unified Payments Interface (UPI). The Bill, which...

Bhubaneswar: Chief Minister Mohan Charan Majhi Monday claimed that Odisha was witnessing a "reverse migration" in the wake of job opportunities opening up both in the public and private sectors due to rapid industrialisation in the state. Majhi said this while addressing the 'Nijukti Mela'...

New Delhi: The pace of joblessness as well as the ratio of workers' population in India stayed almost flat year-on-year during the April-June quarter of this fiscal, reflecting no sign of expansion or contraction in the country's job market. The rate of unemployment, which measures...

Dubai: Iran Monday said it will not reopen the Strait of Hormuz until the United States meets its conditions. "It is up to the US side to stop and make amends for its illegal and destructive actions," Iranian Foreign Ministry spokesperson Esmail Baghaei said, noting...

New Delhi: India's imports of Russian crude oil rose to a record for the second consecutive month in July, underscoring the country's continued reliance on discounted Russian supplies even as Western sanctions have tightened restrictions on Moscow's energy exports. Indian buyers imported Russian crude worth...

Mumbai: Market benchmark indices ended marginally higher Monday, with the Sensex climbing over 43 points and the Nifty ending flat, amid a spike in crude oil prices due to geopolitical uncertainties. The 30-share BSE Sensex was up 43.27 points, or 0.06 per cent, to settle...

New Delhi: Rajya Sabha Monday passed a bill, which seeks to replace a British-era legislation, paving the way for inclusion of digital and virtual records as admissible evidence in the court of law, in sync with the digital dependence of the banking system. The Bankers'...

New Delhi: Meta-backed WhatsApp users reported issues with the messaging platform Monday with the disruption appearing to affect the sharing of photos, videos, stickers, GIFs and other media files across several countries. According to outage-tracking platform Downdetector, users began registering reports early Monday morning. Among...

New Delhi: The Income Tax department is currently in the process of framing rules to implement the 2026-27 Budget provision that allows taxpayers to electronically apply for lower or nil TDS certificates electronically, Parliament was informed Monday. Minister of State for Finance Pankaj Chaudhary said...

New Delhi: The government introduced a Bill in the Lok Sabha Monday to amend the regulations for mines and minerals, whereby states will be restricted from levying additional tax on mineral rights. With the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, the Centre...