Business

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)...

New Delhi: Finance Minister Nirmala Sitharaman said Friday that the GST rate cut would spur growth in the economy which would offset the drag due to the adverse impact of the US tariff hike on Indian exports. She also said that India would continue to...

Mumbai: Benchmark stock indices Sensex and Nifty closed unchanged after a volatile session Friday as gains in oil & gas and auto shares were offset by losses in IT and FMCG shares. After a volatile trade, the 30-share BSE Sensex closed lower by 7.25 points...

Bhubaneswar: Tata Consultancy Services (TCS) has partnered with the Odisha government to design and implement Integrated Financial Management System (IFMS) 3.0. The company has been working with the state government since 2005, beginning with the integrated Odisha Treasury Management System. This collaboration progressed through the...