Business

IT spending across areas like IT services, communications services, data centre systems, devices and enterprise software, is estimated to touch USD 79.7 billion in 2017.

Dealers also attributed the rupee's fall to increased demand for the US currency from importers and banks.

Only 50 out of 228 items have been retained in the 28% rate slab. Additionally, the 18% slab has also been pruned to 12% and 5%.

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...

"We have got a very good deal," Sharma told Reuters, adding the cargo will be co-loaded with a million barrels of Angola's Girassol oil, which the refiner has procured under a term deal.

The industries are already under tremendous stress after the implementation of GST and the ban on use of pet coke will prove to be the final nail in the coffin, ASSOCHAM said in a statement.

In further relief to small and medium enterprises, the panel is likely to rationalise tax rate in sectors where the total incidence of taxation has gone up because the goods were earlier either exempt from excise or was attracted lower VAT rates in the pr...

The benchmark BSE Sensex rose by 119.36 points to hit an all-time high of 33,692.58 while the NSE Nifty climbed 37.90 points to a new peak of 10,461.70

In an interview with CNN-News18, Kant said, “The mudra scheme is being availed hugely by women in rural areas. It’s not concentrated in a state. It’s across India. What does that tell you? That more and more women are now coming out on their own to achiev...

The dollar's reduced clout overseas amid uncertainty about prospects of US tax cuts and domestic stock markets opening high were instrumental in the rupee's rise, traders said.

While protecting minority investors seems to working well for India, the country ranked 181st in “dealing with construction permits.”

The 50-issue Nifty crossed the 10,400-level for the first time by gaining 67.85 points, or 0.65 percent, to trade at a fresh life-time high of 10,403.15, surpassing its previous intra-day high of 10,384.50 touched on October 30.

The economy is likely to pick up to 6 percent in the second quarter of the current fiscal, owing to an uptick in several macroeconomic indicators like trade, transport and communication, says a report.

All states barring Rajasthan and Arunachal Pradesh, have been given compensation for the first two months (July-August) after Goods and Services Tax rollout.

His surprise announcement about the listing of NEOM, a 26,500-square km (10,230-square mile) zone that will extend into Jordan and Egypt, is the latest and most extraordinary in a slate of privatisation programmes led by the floating of Aramco.

In an ideal banking world of tomorrow, India needs to have both large public sector and private sector banks, competing domestically and being competitive internationally, Subramanian said.