Business
Ericsson, Bharti Airtel Ink Pact for 5G Technology
As part of the partnership with Airtel, Ericsson will work with Bharti Airtel on creating a strategic roadmap for evolution of the network to the next-gen 5G technology, Ericsson Senior Vice President and Head of Market Area South East Asia, Oceania and I...
17.92 Lakh Entities Under Scanner for Cash Deposits Post Demonetisation, Says I-T Dept
These entities had disclosed income in their tax returns lower than the cash deposits during 50 days ending December 30, 2016 that the government had given to people to deposit the newly illegalised tenders.
Udan Scheme Round-II: Government Receives 141 Proposals for Air Routes
According to Civil Aviation Minister Ashok Gajapati Raju, 17 applicants, including airline and chopper companies, have sent their proposals for a total of 502 routes in the second phase of the scheme.
Nepal Scraps $2.5 Billion Hydropower Plant Deal With Chinese Company
"The cabinet has cancelled the irregular ... agreement with Gezhouba Group to build the Budhi Gandaki hydroelectric project," Energy Minister Kamal Thapa, who is also the country's deputy prime minister, said on Monday in a twitter post in Nepali after a...
Alibaba Earns $10 Billion in 1 Hour in China’s Singles Day Sales Record
Once a celebration for China's lonely hearts, Singles' Day has become an annual 24-hour extravaganza that exceeds the combined sales for Black Friday and Cyber Monday in the United States, and acts as a barometer for China's consumers.
Rupee Falls by 17 Paise Against US Dollar in Early Trade
The rupee opened lower at 65.08 per dollar against previous close of 64.94 per dollar.
GST Council Likely to Announce Tax Cuts Today, Daily-Use Items and Dining Out May Get Cheaper
Four months after the Goods and Services Tax (GST) was rolled out, the panel headed by Union Finance Minister Arun Jaitley will look at the most comprehensive overhaul of rates, easing returns filing and providing more relief to small and medium enterpris...
Arun Jaitley Says Skilled Young Workforce Needed for India, Global Marketplace
Advanced economies at times find it difficult to have people to service their economies but in the economy like India, there is a much larger base of working population, he said at the National Entrepreneurship Awards 2017.
India to See 10% Salary Increase in 2018, Highest in APAC: Report
Although salaries in India are seeing a decreasing pattern in the year-on-year salary increases, the country's projected salaries for 2018 is still the highest in the Asia Pacific region, the report said.
GST Council May Prune Items in 28% Slab, Simplify Returns
Four months after the Goods and Services Tax (GST) was rolled out, the panel headed by Union Finance Minister Arun Jaitley will look at the most comprehensive overhaul of rates, easing returns filing and providing more relief to small and medium enterpris...
Government May Make Gold Jewellery Hallmarking Mandatory by January
Food and Consumers Affairs Minister Ram Vilas Paswan asked BIS to work out on mechanism to check quality of each product from they originate and certify them as per standards.
PFRDA Raises Maximum Age to Join NPS to 65
The subscriber joining NPS beyond the age of 60 years will have the same choice of the Pension Fund as well as the investment choice as is available under the NPS for subscribers joining before the age of 60 years.
Delhi Petcoke Ban to Boost Coal Imports Amid Already Tight Market
To replace petcoke, industries from dyeing units to brick kilns are switching to imports of coal.
Saudi Arabia Ready to Extend Oil Output Cut Deal: Crown Prince Mohammed
"The Kingdom affirms its readiness to extend the production cut agreement, which proved its feasibility by rebalancing supply and demand," the crown prince said in a statement.
For 3 Months After Note Ban, Indians Spent 500% More On Foreign Holidays
A fortnight before the first anniversary of demonetisation, these figures raise questions whether some wealthy Indians chose to blow away undisclosed assets worth crores of rupees to escape scrutiny in wake of demonetisation.
Facing Coal Shortage, Nalco Closes Captive Power Plant
While the aluminium major required at least 17,500 MT of coal everyday, it is getting only 13,000 MT from Bharatpur mines of Mahanadi Coalfields Ltd.