Business

New Delhi: The GST Council Thursday approved scrapping the arrest powers of GST officers and raised the threshold to launch prosecution to Rs 5 crore from Rs 1 crore. "The rate structure is settled, so the Council has turned to how the tax works day...

New Delhi: Meta Wednesday announced a series of new AI-powered measures aimed at strengthening its fight against child sexual exploitation on Facebook and Instagram, as the company revealed it took action against 5.3 million pieces of child sexual exploitation content in India during the first...

New Delhi: The Bharatiya Mazdoor Sangh (BMS) Wednesday wrote to Prime Minister Narendra Modi seeking his urgent intervention for the appointment of a regular CMD of BSNL and an end to the additional-charge arrangement that has continued for over two years. The RSS-affiliated labour union...

Mumbai: Stock markets closed lower Wednesday, with the benchmark Sensex down 429 points after two straight days of gains, as the RBI raised the key policy rate for the first time in nearly four years. The 30-share BSE Sensex fell 429.11 points, or 0.59 per...

Washington: US spice traders are hoping for exemptions from tariffs on Indian spices under the trade deal with India to ensure that they remain available at reasonable prices for American consumers. The US imports USD 700 million worth of spices from India every year and...

Mumbai: The Reserve Bank of India Wednesday marginally raised the forecast for retail inflation for the current fiscal to 5.2 per cent from its earlier estimate of 5 per cent and said price pressures are increasingly becoming visible across a range of commodities. The near-term...

Mumbai: Reserve Bank Wednesday raised its GDP growth forecast for the current fiscal year by 40 basis points to 7.1 per cent, while cautioning that lingering global geopolitical tensions could pose a risk to the economic outlook. Unveiling the October bi-monthly monetary policy, Governor Sanjay...

New Delhi: The Reserve Bank of India raised its benchmark interest rate by 25 basis points to 5.50 per cent Wednesday, its first increase in nearly four years, and signalled that further hikes could follow as rising inflation and a weakening currency prompt a policy...

Accra: India and Ghana have discussed multilateral cooperation and Delhi's deepening engagement with the African Union and ECOWAS (Economic Community of West African States) as External Affairs Minister S Jaishankar met Ghanaian counterpart Sam Okudzeto Ablakwa. Jaishankar, who arrived in Ghana on Tuesday on the...

RABINARAYAN JENA, OP Bhubaneswar: More than 50,000 outsourced employees engaged through various service providers in the state will no longer be counted as ‘manpower’ under a new Finance department policy. Instead, their services will be measured in terms of ‘manhours’, as they are engaged on...