Business

New Delhi: Amid a political storm over allegations of conflict of interest against SEBI chairperson Madhabi Buch, the Parliament's Public Accounts Committee has decided to review the performance of regulatory bodies established by Acts of Parliament. The Public Accounts Committee (PAC) Chairman K C Venugopal...

Dhaka: Bangladesh's tax collection body, the National Board of Revenue, has reduced taxes on imports of onion and potato to rein in soaring prices of essential kitchen items. The board has waived the 5 per cent regulatory duty on onion imports and reduced customs duty...

Chennai: Union Finance Minister Nirmala Sitharaman Thursday said that the goods and services tax (GST) rate is much below the revenue neutral rate (RNR), originally suggested at 15.3 per cent, which means less burden on taxpayers. The current average GST rate has decreased to 12.2...

Mumbai: Reserve Bank Governor Shaktikanta Das Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in...

New Delhi: Homegrown ride-sharing platform Rapido Thursday said it has raised $200 million in its Series E funding, taking its valuation to over $1.1 billion. The funding round was led by WestBridge Capital, and also saw participation from existing investor Nexus, along with new investors...

New Delhi:  McDonald’s India, which operates a QSR chain in West and South through its franchise Westlife Foodworld, would offer burgers with multi-millet bun, which has been co-created with premier food technology research institute CSIR-CFTRI. The company has partnered with CSIR-Central Food Technological Research Institute...

New Delhi: Congress Wednesday cited data purportedly revealed by All India Bank Employees Association to allege that public sector banks that had claims of about Rs 62,000 crore from 10 financially-stressed companies were made to settle them for just Rs 16,000 crore after the Adani...

New Delhi: Hiring in several sectors like artificial intelligence-machine learning (AI-ML), pharma, and FMCG demonstrated resilience and growth in August, according to a report on Tuesday. The report by job portal Naukri showed that AI-ML led the sectors in hiring with a robust 14 per...

New Delhi: India's financial sector is growing at a rapid pace as fintech startups have grown by about five times in the past three years, according to a report. The growth has been from 2,100 in 2021 to 10,500 in 2024. JM Financial said in...

New Delhi: After a massive Rs 2,000 crore data breach, more bad news awaits WazirX customers — including at least 4.2 million Indian users — as nearly 43 per cent of them are likely to lose their money. According to industry and legal experts, this...