Business

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...

New Delhi: The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers, Union Minister Piyush Goyal said Friday, stating that the industry has given him assurance that the entire fall in taxes on various items will...

The Festival High and the Sugar Crash. It starts with just one piece of laddoo. And before you know it, you've gone through a platter of sweets, endless fried snacks, and festive drinks that taste like heaven and hit like a sugar bomb. Sound familiar?...

New Delhi: Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing. This classification pertains to loans taken before RCom entered the...