Business
Oil Soars as Non-OPEC Producers Agree on Capping Output
OPEC kingpin Saudi Arabia also announced at the weekend that it will slash production beyond what was previously agreed in Vienna by OPEC, providing an additional boost for prices.
Countries Where Plastic Currency is in Vogue
An IMF report says the plastic currency provides a wide range of benefits, including security features and durability, apart from being environment-friendly.
Govt to Waive Service Tax on Card Transactions Upto Rs 2,000
Government will waive service tax on debit and credit card transactions of up to Rs 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes.
Jet Airways Commences Four-Day Fare Sale
"Guests booking their tickets for travel on international sectors, however, may commence their journeys immediately starting today."
Japanese Tech Major Horiba Opens Rs 100-crore Centre in Chakan
The Chakan facility will offer automotive testing, product customisation workshop and assembly.
GST Law to Have Anti-profiteering Clause, Rate Capped at 28%
In order to prevent any rise in price of commodities after GST implementation, the Centre has proposed an 'anti-profiteering' measure to ensure that trade and industry pass the benefits of reduction in tax rates to consumers.
Sensex Surges 456 Points to Reclaim 26,000-level
Market benchmark Sensex surged over 456 points -- its biggest single-day gain in over one month -- to reclaim the 26,000-mark after investors created fresh long positions in the new December series amid the rupee rebounding from record lows.
State-owned Firms Resist Pressure to Help Banks with Bad Debt
Indian government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a $135 billion pile of stressed loans from banks...
Former Tata Steel VC Rebuts Cyrus Mistry’s Charges on Corus Buy
But the sudden and unprecedented scale of the global financial crisis in 2008 had "a very significant adverse impact on the industry fundamentals in Europe which also impacted the performance of Corus", he added.
Ratan Tata Tried to Sell TCS, Made Corus Deal Expensive: Cyrus Mistry
The Tatas and IBM had started the joint venture with equal holding in 1992, and dissolved it in 1999, while TCS was founded in 1968 and was taken public in 2004.
Demonetisation Rush at Banks has Cashiers 'Weeping', Say Bank Unions
The sad part is most of the cashiers have a limited salary and such issues in tallying of account shave direct impact on their personal financial standing, said an official.
Jewellers Shut Shops for 12th Day After I-T Survey
Gold and jewellery establishments in the national capital remained closed for the 12th day on Tuesday after the Income Tax Department conducted surveys.
Infosys CEO Vishal Sikka Says Donald Trump Election May Weigh on Margins
Infosys' contingency plan for the case that the group would not be able to send low-cost developers to work with temporary work visas on big tech projects in the United States would be to hire staff locally, he said.
Sensex Down 49 Points on US Rate Hike Hints, Rupee Plunge
The 30-scrip Sensitive Index (Sensex) was trading 39.05 points or 0.15 per cent lower during the early session.
Cyrus Mistry Rebuts Tata and Sons, Says They Are Misleading Public, Shareholders
Ousted chairman Cyrus Mistry on Tuesday rebutted Tata Sons' contention of expenses having risen under his four-year rule, calling it a "brazen attempt to mislead" public and shareholders and said "significant" costs were incurred for corporate jets used b...
Toyota to Pay up to USD 3.4 Billion to Settle US truck Lawsuit
The settlement applies to Tacoma trucks made from 2005 to 2010, Sequoias from 2005 to 2008 and Tundras from 2007 to 2008.