Business

New Delhi: The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said Monday. The unemployment rate (UR) in May was also 5.6 per cent, said the Periodic Labour Force Survey (PLFS)...

New Delhi: Railway's total earnings and expenditure from its operations when compared with its cross subsidising records showed that it understated its expenditure in the financial year 2022-23 by more than Rs 5,000 crore, the Comptroller and Auditor General's report, recently tabled in the Parliament,...

New Delhi: The Supreme Court Monday asked the NHAI why a commuter should be asked to pay Rs 150 toll if it took 12 hours to cover a 65-kilometre highway stretch in Thrissur, Kerala. A bench comprising Chief Justice B R Gavai and Justices K...

Mumbai: Stock markets rose sharply Monday, with Sensex closing higher by 676 points and Nifty climbing 1 per cent on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex...

New Delhi: The government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal Monday, Union Minister Mansukh L Mandaviya said, urging employers and first-time employees to take benefit of the Rs 1-lakh crore central scheme. The Union Cabinet approved the Employment Linked Incentive...

New Delhi: The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and...

New Delhi: Amid concerns about the revenue impact of the Centre's pro-middle-class 'Next Gen GST' with a proposed two-slab structure, government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over...

New Delhi: Finance Minister Nirmala Sitharaman will Wednesday address a crucial meeting of a group of ministers of states as she makes a case for the sweeping GST reforms that will slash tax rates and lead to reduction in prices of common use items. The...

By Arindam Ganguly, OP Bhubaneswar: Odisha’s seafood industry has plunged into deep crisis after the US government imposed a steep 50 per cent tariff on all Indian imports. The move, announced by President Donald Trump in retaliation for India’s continued oil trade with Russia, has...

Mumbai: Stock markets rose sharply Monday powered by heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali and S&P upgrading India's sovereign credit rating. Extending the morning gains, the 30-share BSE Sensex further...